The Manufacturers Life Insurance Company Buys New Holdings in International Business Machines Corporation $IBM

The Manufacturers Life Insurance Company purchased a new position in International Business Machines Corporation (NYSE:IBM) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 627,060 shares of the technology company’s stock, valued at approximately $176,336,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Orca Wealth Management LLC increased its stake in shares of International Business Machines by 3.7% in the fourth quarter. Orca Wealth Management LLC now owns 975 shares of the technology company’s stock worth $285,000 after acquiring an additional 35 shares during the period. Friday Financial lifted its position in International Business Machines by 1.9% during the second quarter. Friday Financial now owns 1,903 shares of the technology company’s stock valued at $583,000 after purchasing an additional 35 shares during the period. First Command Advisory Services Inc. lifted its position in International Business Machines by 1.1% during the fourth quarter. First Command Advisory Services Inc. now owns 3,459 shares of the technology company’s stock valued at $1,025,000 after purchasing an additional 36 shares during the period. HORAN Wealth LLC boosted its holdings in International Business Machines by 1.3% in the fourth quarter. HORAN Wealth LLC now owns 2,851 shares of the technology company’s stock valued at $844,000 after purchasing an additional 37 shares during the last quarter. Finally, Washington Trust Bank grew its position in International Business Machines by 2.2% during the 4th quarter. Washington Trust Bank now owns 1,712 shares of the technology company’s stock worth $507,000 after purchasing an additional 37 shares during the period. 58.96% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the transaction, the senior vice president directly owned 47,800 shares of the company’s stock, valued at $11,009,296. This trade represents a 34.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.27% of the company’s stock.

International Business Machines Stock Down 1.2%

Shares of IBM opened at $232.02 on Wednesday. The firm has a market cap of $218.59 billion, a P/E ratio of 20.59, a PEG ratio of 2.24 and a beta of 0.71. International Business Machines Corporation has a 12 month low of $199.19 and a 12 month high of $332.46. The stock’s 50 day moving average is $239.81 and its two-hundred day moving average is $246.65. The company has a current ratio of 0.79, a quick ratio of 0.74 and a debt-to-equity ratio of 1.63.

International Business Machines (NYSE:IBM) last announced its earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, hitting the consensus estimate of $2.93. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The business had revenue of $17.16 billion during the quarter, compared to the consensus estimate of $17.46 billion. During the same period in the prior year, the company posted $2.80 EPS. The business’s quarterly revenue was up 1.1% on a year-over-year basis. Analysts predict that International Business Machines Corporation will post 12.33 earnings per share for the current fiscal year.

International Business Machines Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be given a dividend of $1.69 per share. The ex-dividend date is Monday, August 10th. This represents a $6.76 dividend on an annualized basis and a yield of 2.9%. International Business Machines’s dividend payout ratio is currently 59.98%.

Key International Business Machines News

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

• Positive Sentiment: IBM, Cleveland Clinic and Japan’s RIKEN advanced to the finals for the 2026 ACM Gordon Bell Prize after using quantum and classical computing to model a 12,635-atom protein. The achievement highlights IBM’s potential in quantum-centric supercomputing and life-sciences research. Cleveland Clinic, RIKEN and IBM Team Advance to Finals for 2026 ACM Gordon Bell Prize
• Positive Sentiment: An Evercore ISI analyst argued that IBM’s quantum-computing initiatives are effectively being valued at little or nothing in the current stock price, suggesting potential upside if the technology advances commercially. Is IBM’s selloff an opportunity? Here’s one case for the beaten-down stock.
• Neutral Sentiment: IBM shares were reported slightly higher ahead of the latest session, but the update offered no new fundamental catalyst. A separate comparison of IBM and Applied Digital focused on financial metrics rather than a specific IBM business development. IBM stock heads into the open after a 0.08 percent gain
• Negative Sentiment: The main pressure remains concern over a slowdown in IBM Z product activity. The resulting selloff prompted a securities-law investigation announcement, reinforcing investor worries about demand and execution in IBM’s core infrastructure business. IBM Shares Fall Following IBM Z Product Slowdown
• Negative Sentiment: Evercore warned that capital moving into anticipated AI initial public offerings could lead investors to sell existing holdings, placing IBM among stocks vulnerable to portfolio rotation. Evercore Warns AI IPOs Could Pressure IBM

Analyst Ratings Changes

A number of research firms have weighed in on IBM. JPMorgan Chase & Co. reduced their price objective on International Business Machines from $291.00 to $250.00 and set an “overweight” rating for the company in a research note on Friday, July 17th. Morgan Stanley lowered their target price on International Business Machines from $293.00 to $190.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 23rd. Roth Capital reaffirmed a “buy” rating on shares of International Business Machines in a report on Wednesday, June 3rd. Bank of America lifted their price target on International Business Machines from $315.00 to $330.00 and gave the company a “buy” rating in a research report on Monday, July 6th. Finally, Robert W. Baird began coverage on International Business Machines in a research report on Tuesday, July 21st. They issued a “neutral” rating and a $230.00 price objective on the stock. Sixteen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $265.90.

About International Business Machines

International Business Machines Corporation (IBM) is a global technology and consulting company that provides enterprise-focused hardware, software and services. Its offerings include hybrid cloud solutions, artificial intelligence, data and automation software, cybersecurity tools, IT infrastructure and technology consulting.

IBM develops and supports enterprise systems such as IBM Z mainframes, Power servers and storage products. Its software portfolio includes Red Hat hybrid cloud technologies, the watsonx platform for artificial intelligence and data management, application integration tools and cybersecurity solutions.