International Business Machines (NYSE:IBM) Trading 2.3% Higher – Time to Buy?

International Business Machines Corporation (NYSE:IBM)’s stock price rose 2.3% on Monday . The stock traded as high as $278.15 and last traded at $277.8280. 6,383,185 shares traded hands during trading, a decline of 13% from the average session volume of 7,301,420 shares. The stock had previously closed at $271.63.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: IBM announced an expanded multi-year collaboration with ServiceNow to make legacy enterprise systems “AI-ready,” integrating key IBM tools like watsonx.data, Red Hat Ansible, Instana, HashiCorp Terraform and Vault, and IBM Bob into the ServiceNow AI Platform. The deal could expand IBM’s AI software footprint and drive new joint business in the second half of 2026. Article Title
• Positive Sentiment: Omnicom Media will become IBM’s global media agency of record after a competitive review, covering media planning and buying across major regions. While not a huge financial driver, it reinforces IBM’s ongoing commercial activity and brand spending. Article Title
• Positive Sentiment: Several bullish write-ups highlighted IBM as a cash-generating AI and dividend stock, pointing to its large generative AI book of business and suggesting the dividend looks secure. That kind of income-and-AI narrative can support investor demand. Article Title
• Neutral Sentiment: Investor-focused articles also noted IBM’s 0.7-nanometer chip manufacturing technology and repeated broker support, including a “Moderate Buy” consensus and a Morgan Stanley price-target increase to $267 from $225. These are supportive, but largely confirm rather than change the bullish thesis. Article Title

Wall Street Analyst Weigh In

IBM has been the topic of a number of research analyst reports. Wolfe Research downgraded shares of International Business Machines to a “peer perform” rating in a research report on Tuesday, June 23rd. JPMorgan Chase & Co. raised shares of International Business Machines from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $270.00 to $291.00 in a research note on Tuesday, June 23rd. Barclays initiated coverage on shares of International Business Machines in a research note on Monday, June 1st. They issued an “overweight” rating and a $350.00 price target on the stock. DZ Bank upgraded International Business Machines from a “hold” rating to a “buy” rating and set a $295.00 price objective for the company in a report on Friday, April 24th. Finally, Jefferies Financial Group started coverage on International Business Machines in a research report on Tuesday, June 23rd. They set a “buy” rating for the company. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $306.94.

International Business Machines Stock Performance

The stock has a fifty day moving average price of $253.83 and a 200 day moving average price of $266.96. The company has a current ratio of 0.80, a quick ratio of 0.76 and a debt-to-equity ratio of 1.75. The firm has a market cap of $261.13 billion, a price-to-earnings ratio of 24.56, a price-to-earnings-growth ratio of 2.81 and a beta of 0.66.

International Business Machines (NYSE:IBM) last announced its earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.81 by $0.10. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The firm had revenue of $15.92 billion during the quarter, compared to analysts’ expectations of $15.60 billion. During the same quarter in the prior year, the business earned $1.60 earnings per share. The company’s revenue was up 9.5% on a year-over-year basis. As a group, analysts predict that International Business Machines Corporation will post 12.39 earnings per share for the current year.

International Business Machines Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 8th were issued a $1.69 dividend. This is a boost from International Business Machines’s previous quarterly dividend of $1.68. The ex-dividend date was Friday, May 8th. This represents a $6.76 annualized dividend and a yield of 2.4%. International Business Machines’s payout ratio is 59.77%.

Hedge Funds Weigh In On International Business Machines

Large investors have recently bought and sold shares of the stock. Brighton Jones LLC boosted its stake in International Business Machines by 12.4% during the fourth quarter. Brighton Jones LLC now owns 21,011 shares of the technology company’s stock worth $4,619,000 after buying an additional 2,323 shares in the last quarter. Sivia Capital Partners LLC increased its stake in International Business Machines by 10.6% in the second quarter. Sivia Capital Partners LLC now owns 1,938 shares of the technology company’s stock valued at $571,000 after acquiring an additional 186 shares during the period. Jump Financial LLC acquired a new position in International Business Machines in the second quarter worth about $211,000. Ieq Capital LLC boosted its holdings in International Business Machines by 2.2% during the second quarter. Ieq Capital LLC now owns 38,617 shares of the technology company’s stock valued at $11,383,000 after purchasing an additional 843 shares in the last quarter. Finally, Vivaldi Capital Management LP grew its stake in shares of International Business Machines by 11.6% in the 2nd quarter. Vivaldi Capital Management LP now owns 1,017 shares of the technology company’s stock valued at $300,000 after purchasing an additional 106 shares during the period. 58.96% of the stock is currently owned by institutional investors and hedge funds.

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.