G&S Capital LLC Reduces Holdings in International Business Machines Corporation $IBM

G&S Capital LLC decreased its stake in shares of International Business Machines Corporation (NYSE:IBM) by 75.1% during the second quarter, HoldingsChannel reports. The firm owned 3,213 shares of the technology company’s stock after selling 9,681 shares during the quarter. G&S Capital LLC’s holdings in International Business Machines were worth $904,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Norges Bank purchased a new stake in International Business Machines in the fourth quarter worth about $2,446,429,000. Capital World Investors grew its holdings in shares of International Business Machines by 29.2% during the 4th quarter. Capital World Investors now owns 22,021,912 shares of the technology company’s stock worth $6,523,720,000 after acquiring an additional 4,976,756 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of International Business Machines by 83.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,617,117 shares of the technology company’s stock worth $1,663,847,000 after acquiring an additional 2,553,552 shares in the last quarter. Corient Private Wealth LLC lifted its stake in shares of International Business Machines by 359.6% in the 4th quarter. Corient Private Wealth LLC now owns 1,896,675 shares of the technology company’s stock valued at $561,814,000 after purchasing an additional 1,484,026 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in shares of International Business Machines by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 97,216,131 shares of the technology company’s stock valued at $28,796,390,000 after buying an additional 1,439,824 shares in the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. The Goldman Sachs Group set a $270.00 price target on International Business Machines in a report on Thursday, July 23rd. Jefferies Financial Group cut their target price on International Business Machines from $320.00 to $260.00 and set a “buy” rating on the stock in a research note on Tuesday, July 21st. Robert W. Baird initiated coverage on International Business Machines in a report on Tuesday, July 21st. They issued a “neutral” rating and a $230.00 target price for the company. HSBC set a $175.00 price target on International Business Machines and gave the stock a “reduce” rating in a research note on Thursday, July 16th. Finally, Piper Sandler raised International Business Machines to an “overweight” rating in a research report on Tuesday, June 23rd. Fifteen research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has 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 $265.40.

International Business Machines Trading Up 1.0%

NYSE:IBM opened at $238.62 on Wednesday. The company has a market cap of $224.81 billion, a PE ratio of 21.17, a price-to-earnings-growth ratio of 2.32 and a beta of 0.70. The company has a current ratio of 0.79, a quick ratio of 0.74 and a debt-to-equity ratio of 1.63. The company has a 50 day simple moving average of $255.09 and a two-hundred day simple moving average of $254.13. International Business Machines Corporation has a 12 month low of $199.19 and a 12 month high of $332.46.

International Business Machines (NYSE:IBM) last released its quarterly earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, meeting 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 firm had revenue of $17.16 billion for the quarter, compared to analysts’ expectations of $17.46 billion. During the same period in the prior year, the firm earned $2.80 EPS. The company’s revenue was up 1.1% compared to the same quarter last year. Research analysts forecast that International Business Machines Corporation will post 12.33 earnings per share for the current year.

International Business Machines Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be given a $1.69 dividend. This represents a $6.76 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Monday, August 10th. International Business Machines’s dividend payout ratio (DPR) is presently 59.98%.

Trending Headlines about International Business Machines

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

• Positive Sentiment: AI infrastructure deal provides the clearest near-term catalyst. IBM signed a multi-year agreement valued at approximately $240 million with Together AI to build a large-scale open-source AI inference cluster on IBM Cloud. The system will use NVIDIA HGX B300 platforms and Spectrum-X networking, with availability expected in the first quarter of 2027. The contract supports IBM’s effort to turn AI demand into cloud revenue and strengthens its position in the growing inference market. Reuters article
• Positive Sentiment: IBM is broadening its partner-led sales reach. TD SYNNEX plans to expand IBM distribution into 20 additional countries across Europe, Asia-Pacific, and Latin America. The move could improve access to IBM’s cloud, software, and infrastructure offerings, although the direct financial impact is not yet quantified. TD SYNNEX expands IBM distribution article
• Neutral Sentiment: IBM raised CAD 997.11 million through fixed-rate notes. The 4.750% notes mature in 2034, giving investors updated information about IBM’s funding costs and capital structure. The proceeds provide liquidity, but the additional debt and interest expense are a consideration given the company’s existing leverage. IBM funding and stock attention article
• Neutral Sentiment: Quantum computing remains a longer-term growth narrative. Commentary citing IBM’s CEO suggests the technology could begin making a measurable contribution to results in coming years, but it is not an immediate earnings driver. IBM quantum computing outlook article
• Negative Sentiment: Risk concerns remain. A law firm announced an investigation into a sharp prior decline in IBM shares, while separate commentary raised concerns about whether massive industrywide AI infrastructure spending can generate adequate returns. These developments may limit enthusiasm despite the new AI contract. IBM securities investigation article

International Business Machines 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.