International Business Machines Corporation $IBM Stock Position Increased by Gradient Investments LLC

Gradient Investments LLC increased its stake in International Business Machines Corporation (NYSE:IBM) by 61.8% in the third quarter, Holdings Channel reports. The institutional investor owned 82,749 shares of the technology company’s stock after acquiring an additional 31,592 shares during the period. Gradient Investments LLC’s holdings in International Business Machines were worth $18,199,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. Cornerstone Financial Management LLC bought a new stake in shares of International Business Machines in the 4th quarter worth about $28,000. Harborfront Financial Group LLC bought a new position in International Business Machines during the 2nd quarter valued at about $27,000. Hara Capital LLC purchased a new stake in International Business Machines in the 2nd quarter worth about $28,000. Bare Financial Services Inc raised its position in International Business Machines by 114.6% in the 2nd quarter. Bare Financial Services Inc now owns 103 shares of the technology company’s stock worth $29,000 after purchasing an additional 55 shares during the period. Finally, Portus Wealth Advisors LLC bought a new stake in International Business Machines in the first quarter worth about $26,000. Institutional investors own 58.96% of the company’s stock.

Insider Buying and Selling at International Business Machines

In related news, SVP Robert Thomas sold 25,000 shares of International Business Machines stock in a transaction that occurred 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 sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.27% of the company’s stock.

Key International Business Machines News

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

• Positive Sentiment: DARPA quantum milestone: IBM was selected for Stage C, the third and final phase of DARPA’s Quantum Benchmarking Initiative. Independent experts will test IBM’s hardware and architecture as the company targets a fault-tolerant quantum computer by 2029. The endorsement strengthens IBM’s technical credibility and gives investors a potentially significant long-term growth catalyst. IBM Advances to Stage C of DARPA Quantum Benchmarking Initiative
• Positive Sentiment: AI, consulting and SAP expansion: IBM’s new IBM Ready for SAP Solutions offering combines its consulting capabilities with SAP cloud ERP to help midsize businesses modernize operations and prepare for AI adoption. Analysts also see IBM’s valuation as more attractive if AI demand and consulting bookings rebound. IBM Teams Up with SAP
• Positive Sentiment: Enterprise AI and security initiatives: IBM is expanding self-hosted AI deployment through its Bob offering and, with Red Hat, has remediated more than 400 previously unknown open-source vulnerabilities. These moves support IBM’s positioning in secure hybrid cloud and enterprise AI. IBM Brings AI to Customer-Managed Infrastructure
• Neutral Sentiment: Upcoming earnings: IBM will report third-quarter 2026 results on October 21. Investors are likely to focus on whether delayed large deals began closing and whether consulting and AI-related demand improved. IBM to Announce Third-Quarter 2026 Financial Results
• Negative Sentiment: Execution and competitive risks: IBM’s prior-quarter revenue missed expectations after dozens of large deals failed to close on time. Analysts warn that a prolonged slowdown, hybrid-cloud pricing pressure and competition could limit the stock’s recovery. In addition, 11:11 Systems acquired select IBM VMware cloud-provider customers, indicating some customer attrition in the VMware channel. What Happens To IBM Stock If Its Slowdown Lasts?

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on IBM. Oppenheimer downgraded International Business Machines from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 15th. Sanford C. Bernstein reduced their target price on International Business Machines from $280.00 to $230.00 and set a “market perform” rating on the stock in a research note on Thursday, July 23rd. Morgan Stanley decreased their target price on International Business Machines from $293.00 to $190.00 and set an “equal weight” rating for the company in a research report on Thursday, July 23rd. BMO Capital Markets cut their price target on shares of International Business Machines from $270.00 to $230.00 and set a “market perform” rating on the stock in a report on Thursday, July 23rd. Finally, Wolfe Research downgraded shares of International Business Machines to a “peer perform” rating in a research note on Tuesday, June 23rd. Eighteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, International Business Machines presently has a consensus rating of “Moderate Buy” and a consensus price target of $253.52.

International Business Machines Stock Up 1.3%

Shares of IBM stock traded up $2.82 during mid-day trading on Thursday, hitting $223.33. The stock had a trading volume of 2,068,612 shares, compared to its average volume of 7,524,034. International Business Machines Corporation has a 12-month low of $199.19 and a 12-month high of $332.46. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.79 and a quick ratio of 0.74. The firm’s 50-day moving average is $232.14 and its two-hundred day moving average is $244.23. The firm has a market capitalization of $210.41 billion, a P/E ratio of 19.77, a price-to-earnings-growth ratio of 2.11 and a beta of 0.73.

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

International Business Machines Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 10th were issued a $1.69 dividend. The ex-dividend date was Monday, August 10th. This represents a $6.76 annualized dividend and a dividend yield of 3.0%. International Business Machines’s payout ratio is currently 59.98%.

About International Business Machines

International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology company that provides hybrid cloud, artificial intelligence, software, consulting and infrastructure solutions. Its offerings help businesses and government organizations manage data, modernize applications, automate processes and improve cybersecurity.

IBM’s portfolio includes the Red Hat hybrid cloud platform, the watsonx suite of artificial intelligence and data tools, consulting services, and enterprise software for areas such as automation, application management, security and asset management.