Cullinan Associates Inc. Has $35.28 Million Holdings in International Business Machines Corporation $IBM

Cullinan Associates Inc. lowered its position in shares of International Business Machines Corporation (NYSE:IBM) by 4.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 119,106 shares of the technology company’s stock after selling 5,716 shares during the quarter. International Business Machines accounts for approximately 2.4% of Cullinan Associates Inc.’s investment portfolio, making the stock its 10th largest position. Cullinan Associates Inc.’s holdings in International Business Machines were worth $35,280,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Family CFO Inc acquired a new position in shares of International Business Machines in the 4th quarter valued at $25,000. Mountain Hill Investment Partners Corp. purchased a new stake in International Business Machines in the 3rd quarter worth about $28,000. Joseph Group Capital Management purchased a new stake in International Business Machines in the 4th quarter worth about $28,000. SWAN Capital LLC purchased a new stake in International Business Machines in the 3rd quarter worth about $28,000. Finally, DecisionPoint Financial LLC raised its stake in shares of International Business Machines by 1,666.7% during the 4th quarter. DecisionPoint Financial LLC now owns 106 shares of the technology company’s stock worth $31,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 58.96% of the company’s stock.

International Business Machines Trading Up 1.8%

Shares of IBM opened at $231.23 on Friday. The stock has a fifty day moving average price of $243.51 and a two-hundred day moving average price of $278.87. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.76 and a current ratio of 0.80. International Business Machines Corporation has a 52-week low of $220.72 and a 52-week high of $324.90. The company has a market cap of $217.33 billion, a price-to-earnings ratio of 20.44, a PEG ratio of 2.35 and a beta of 0.69.

International Business Machines (NYSE:IBM) last issued its quarterly earnings data on Wednesday, April 22nd. The technology company reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.10. The firm had revenue of $15.92 billion during the quarter, compared to the consensus estimate of $15.60 billion. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The business’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.60 EPS. Analysts predict that International Business Machines Corporation will post 12.38 EPS for the current fiscal year.

International Business Machines Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be given a dividend of $1.69 per share. The ex-dividend date is Friday, May 8th. This is an increase from International Business Machines’s previous quarterly dividend of $1.68. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.9%. International Business Machines’s dividend payout ratio is presently 59.42%.

Insider Buying and Selling at International Business Machines

In other news, Director Michael Miebach bought 434 shares of the company’s stock in a transaction dated Wednesday, February 25th. The stock was bought at an average price of $233.33 per share, for a total transaction of $101,265.22. Following the completion of the transaction, the director directly owned 434 shares in the company, valued at $101,265.22. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.27% of the stock is currently owned by insiders.

Trending Headlines about International Business Machines

Here are the key news stories impacting International Business Machines this week:

• Positive Sentiment: IBM launched “IBM Bob,” an AI-powered development tool aimed at accelerating the full software lifecycle — a product move that supports recurring software/services revenue and enterprise adoption of IBM’s AI stack. IBM Launches ‘Bob’ to Tackle Enterprise AI Development Challenges
• Positive Sentiment: IBM and Dallara announced a collaboration to apply AI and quantum computing to vehicle design — a high‑visibility use case that showcases IBM’s quantum roadmap and physics‑based AI foundation models. This helps position IBM as a leader in enterprise AI/quantum solutions. IBM and Dallara to Advance AI and Quantum-Powered Design for High-Performance Vehicles
• Positive Sentiment: IBM is opening AI and quantum hubs (including a Chicago FutureNow center creating ~750 tech jobs) and launched the MIT‑IBM Computing Research Lab — moves that strengthen R&D credibility, talent pipelines and long‑term commercial partnerships. IBM announces new innovation center at Chicago quantum park, creating 750 new tech jobs
• Positive Sentiment: Analyst and rating signals improved slightly: Erste Group raised FY estimates for IBM, and HSBC issued an upgrade — incremental validation that earnings and margins from software/AI initiatives are being priced in. International Business Machines Corporation share and analyst notes
• Neutral Sentiment: Coverage of trading strategies/options plays suggests elevated implied volatility after recent moves — useful for traders but not necessarily a directional fundamental signal. This IBM Stock Bull Spread Allows You to Take Advantage of the Market’s Fear
• Negative Sentiment: Some outlets flagged a near-term share pullback and skepticism about valuation and competition in AI-software — reminders that momentum requires continued execution and revenue conversion from announced initiatives. IBM CEO makes bold call on quantum computing
• Negative Sentiment: Some headlines noted shares dipping in premarket trading around the Dallara announcement and market commentary focusing on the recent pullback — short‑term downward pressure driven by sentiment/positioning rather than fundamentals. IBM (IBM) Stock: Dallara Partnership Slashes Vehicle Design Time with AI Innovation

Analysts Set New Price Targets

A number of research firms have recently weighed in on IBM. Dbs Bank raised International Business Machines from a “hold” rating to a “moderate buy” rating in a research note on Monday, January 19th. Wall Street Zen lowered International Business Machines from a “buy” rating to a “hold” rating in a report on Sunday, January 11th. Royal Bank Of Canada lowered their target price on International Business Machines from $361.00 to $330.00 and set an “outperform” rating on the stock in a report on Friday, April 17th. JPMorgan Chase & Co. decreased their price objective on International Business Machines from $317.00 to $283.00 and set a “neutral” rating on the stock in a report on Wednesday, March 18th. Finally, Bank of America lifted their price objective on International Business Machines from $315.00 to $335.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $296.18.

International Business Machines Company Profile

International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.

IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.