International Business Machines Corporation $IBM Shares Acquired by Retirement Systems of Alabama

Retirement Systems of Alabama raised its position in International Business Machines Corporation (NYSE:IBM) by 2.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 687,112 shares of the technology company’s stock after purchasing an additional 18,016 shares during the quarter. International Business Machines comprises approximately 0.6% of Retirement Systems of Alabama’s investment portfolio, making the stock its 27th biggest holding. Retirement Systems of Alabama owned 0.07% of International Business Machines worth $193,223,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Norges Bank acquired a new position in International Business Machines during the 4th quarter worth $2,446,429,000. Capital World Investors increased its holdings in shares of International Business Machines by 29.2% during the fourth quarter. Capital World Investors now owns 22,021,912 shares of the technology company’s stock valued at $6,523,720,000 after purchasing an additional 4,976,756 shares during the period. Ascentis Wealth Management LLC increased its holdings in shares of International Business Machines by 27,169.6% during the second quarter. Ascentis Wealth Management LLC now owns 3,224,635 shares of the technology company’s stock valued at $906,800,000 after purchasing an additional 3,212,810 shares during the period. Price T Rowe Associates Inc. MD raised its stake in shares of International Business Machines by 83.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,617,117 shares of the technology company’s stock valued at $1,663,847,000 after purchasing an additional 2,553,552 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its holdings in International Business Machines by 359.6% in the fourth quarter. Corient Private Wealth LLC now owns 1,896,675 shares of the technology company’s stock worth $561,814,000 after purchasing an additional 1,484,026 shares during the period. Institutional investors own 58.96% of the company’s stock.

International Business Machines Trading Up 3.8%

NYSE:IBM opened at $238.55 on Friday. The stock has a market cap of $224.75 billion, a PE ratio of 21.17, a price-to-earnings-growth ratio of 2.26 and a beta of 0.70. International Business Machines Corporation has a fifty-two week low of $199.19 and a fifty-two week 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 stock’s 50-day moving average is $244.85 and its two-hundred day moving average is $248.74.

International Business Machines (NYSE:IBM) last announced its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) 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 analyst estimates of $17.46 billion. During the same period last year, the company earned $2.80 earnings per share. International Business Machines’s quarterly revenue was up 1.1% compared to the same quarter last year. As a group, equities research analysts forecast that International Business Machines Corporation will post 12.33 earnings per share for the current fiscal year.

International Business Machines Dividend Announcement

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

Analyst Upgrades and Downgrades

IBM has been the subject of several recent analyst reports. Barclays decreased their price objective on shares of International Business Machines from $288.00 to $262.00 and set an “overweight” rating for the company in a report on Thursday, July 23rd. Oppenheimer cut International Business Machines from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 15th. The Goldman Sachs Group set a $270.00 price objective on International Business Machines in a report on Thursday, July 23rd. Wolfe Research lowered International Business Machines to a “peer perform” rating in a report on Tuesday, June 23rd. Finally, Robert W. Baird initiated coverage on shares of International Business Machines in a report on Tuesday, July 21st. They issued a “neutral” rating and a $230.00 price target for the company. Sixteen equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, International Business Machines currently has an average rating of “Moderate Buy” and an average price target of $265.40.

International Business Machines News Summary

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

• Positive Sentiment: IBM’s expanded collaboration with Arm Holdings supports its infrastructure ambitions. The companies introduced a dual-architecture mainframe processor capable of running IBM and Arm instructions on the same core, while Arm also cited substantial AI-chip demand. The development could strengthen IBM’s mainframe business and improve its positioning in AI workloads. Here Is How to Play IBM Stock After Its Arm and IBM Z Breakthrough
• Positive Sentiment: Broader enthusiasm for AI technology appears to be lifting IBM alongside its company-specific initiatives, including the OpenAI partnership for IBM Consulting Advantage. Investors are also revisiting IBM’s outlook for 4%–5% constant-currency revenue growth in 2026 and approximately $1 billion of year-over-year free-cash-flow growth. Why International Business Machines (IBM) Stock Is Up Today
• Positive Sentiment: IBM completed its acquisition of HRL Laboratories, adding expertise in quantum computing, sensing, advanced communications, materials and manufacturing. The transaction reinforces IBM’s long-term quantum and advanced-technology roadmap, though near-term financial benefits are uncertain. IBM Completes Acquisition of HRL Laboratories to Accelerate the Future of Quantum
• Neutral Sentiment: Analyst targets remain well above the current trading range, with Quiver reporting a six-month median target of $315. However, institutional positioning was mixed, with several large investors adding shares while others reduced holdings. Why International Business Machines (IBM) Stock Is Up Today
• Negative Sentiment: BTIG reportedly questioned the investment significance of IBM’s quantum milestone, tempering enthusiasm over the technology’s commercial potential and contributing to volatility. Separately, a law firm announced a securities-fraud investigation following IBM’s prior stock decline, creating an additional headline and litigation risk. IBM Stock Falls as BTIG Pours Cold Water on Quantum Computing Milestone

About International Business Machines

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.