International Business Machines Corporation $IBM Stock: Sterling Capital Management LLC Decreases Stake

Sterling Capital Management LLC lessened its stake in shares of International Business Machines Corporation (NYSE:IBM) by 53.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 3,604 shares of the technology company’s stock after selling 4,172 shares during the period. Sterling Capital Management LLC’s holdings in International Business Machines were worth $793,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in IBM. Harborfront Financial Group LLC acquired a new stake in International Business Machines in the 2nd quarter worth approximately $27,000. Hara Capital LLC bought a new stake in International Business Machines during the second quarter worth approximately $28,000. Bare Financial Services Inc grew its holdings in International Business Machines by 114.6% during the second quarter. Bare Financial Services Inc now owns 103 shares of the technology company’s stock valued at $29,000 after purchasing an additional 55 shares during the last quarter. Caitlin John LLC acquired a new position in International Business Machines during the second quarter valued at approximately $35,000. Finally, Axiom Investment Management LLC bought a new position in shares of International Business Machines in the first quarter valued at approximately $36,000. Institutional investors and hedge funds own 58.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Yorkville Ives assumed coverage on shares of International Business Machines in a research report on Monday, October 5th. They issued an “outperform” rating and a $275.00 price target on the stock. Sanford C. Bernstein decreased their price objective on shares of International Business Machines from $280.00 to $230.00 and set a “market perform” rating for the company in a report on Thursday, July 23rd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $270.00 target price on shares of International Business Machines in a research note on Thursday, October 22nd. Morgan Stanley lifted their target price on shares of International Business Machines from $238.00 to $240.00 and gave the stock an “equal weight” rating in a report on Thursday, October 22nd. Finally, Daiwa Securities Group cut their target price on shares of International Business Machines from $247.00 to $217.00 and set a “neutral” rating for the company in a research report on Wednesday, July 29th. Twenty research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $266.12.

International Business Machines Stock Down 1.3%

Shares of IBM opened at $250.19 on Wednesday. The company has a 50-day simple moving average of $233.86 and a 200-day simple moving average of $250.68. International Business Machines Corporation has a 52 week low of $199.19 and a 52 week high of $332.46.

International Business Machines (NYSE:IBM) last released its earnings results on Wednesday, October 21st. The technology company reported $2.95 earnings per share for the quarter, topping analysts’ consensus estimates of $2.85 by $0.10. The firm had revenue of $17.10 billion for the quarter, compared to analyst estimates of $16.82 billion. During the same period last year, the business earned $2.65 earnings per share. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. On average, research analysts anticipate that International Business Machines Corporation will post 12.41 earnings per share for the current fiscal year.

International Business Machines Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Tuesday, November 10th will be given a $1.69 dividend. The ex-dividend date is Tuesday, November 10th. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.7%.

Key Stories Impacting International Business Machines

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

• Positive Sentiment: IBM expects free cash flow to increase by more than $1 billion in 2026, a potentially important catalyst for dividends, debt reduction, and shareholder returns. A $1 Billion Reason to Consider Buying the IBM Stock Dip
• Positive Sentiment: IBM introduced identity, access-control, and monitoring capabilities for enterprise AI agents. The offering addresses growing concerns about security, accountability, and governance as companies deploy autonomous software, potentially strengthening IBM’s hybrid-cloud and enterprise-AI positioning. IBM Introduces Identity and Control for AI Agents
• Positive Sentiment: Analysts and commentators continue to identify IBM’s quantum-computing research as a potential longer-term growth catalyst, while its software business and hybrid-cloud strategy provide the current operating foundation. IBM Continues to Plug Along, but Its Quantum Computing Bet Could Be the Real Catalyst
• Neutral Sentiment: IBM HashiCorp’s Terraform Self-Managed platform was validated for interoperability with Cohesity Data Cloud, improving cloud-application recovery after cyberattacks. The announcement supports IBM’s ecosystem but did not disclose a material financial commitment. Cohesity Data Cloud and IBM Terraform Interoperability
• Neutral Sentiment: IBM is listed among vendors serving the projected 20.2% compound-growth market for AI-driven drug-safety platforms, but the report does not announce a new IBM contract or revenue forecast. AI-Driven Drug Safety and Pharmacovigilance Platforms Market Report
• Negative Sentiment: IBM underperformed its competitors during the latest session, reflecting weaker relative investor demand despite its AI-related announcements. IBM Stock Underperforms Competitors
• Negative Sentiment: Susquehanna maintained a “Hold” rating, suggesting limited conviction that IBM’s current valuation and growth profile justify more bullish positioning. Susquehanna Remains a Hold on IBM

Insider Activity at International Business Machines

In other news, SVP Robert Thomas sold 25,000 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the senior vice president directly owned 47,800 shares of the company’s stock, valued at approximately $11,009,296. This trade represents a 34.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.27% of the company’s stock.

International Business Machines Profile

International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology and consulting company that helps organizations modernize their information technology and business operations. Its offerings include hybrid cloud solutions, artificial intelligence software and services, enterprise software, IT infrastructure, cybersecurity, data analytics, and technology consulting.

IBM provides products and services to businesses, governments, and other institutions across industries and regions worldwide.