International Business Machines Corporation $IBM Stock Purchased by Hamlin Capital Management LLC

Hamlin Capital Management LLC boosted its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 24.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 241,311 shares of the technology company’s stock after purchasing an additional 47,562 shares during the quarter. International Business Machines comprises 1.3% of Hamlin Capital Management LLC’s portfolio, making the stock its 25th biggest holding. Hamlin Capital Management LLC’s holdings in International Business Machines were worth $53,072,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Cornerstone Financial Management LLC bought a new stake in shares of International Business Machines during the fourth quarter valued at approximately $28,000. Harborfront Financial Group LLC purchased a new position in International Business Machines during the second quarter valued at $27,000. Hara Capital LLC purchased a new position in International Business Machines during the second quarter valued at $28,000. Bare Financial Services Inc increased its holdings 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 valued at $29,000 after acquiring an additional 55 shares during the last quarter. Finally, Portus Wealth Advisors LLC purchased a new stake in International Business Machines in the 1st quarter worth $26,000. 58.96% of the stock is currently owned by institutional investors.

International Business Machines News Summary

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?

Insider Transactions at International Business Machines

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The stock was 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 owned 47,800 shares in the company, valued at $11,009,296. The trade was a 34.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.27% of the stock is currently owned by insiders.

International Business Machines Trading Up 1.3%

NYSE:IBM traded up $2.85 during midday trading on Thursday, hitting $223.37. 2,068,612 shares of the company traded hands, compared to its average volume of 7,524,034. The firm has a market capitalization of $210.44 billion, a P/E ratio of 19.77, a P/E/G ratio of 2.11 and a beta of 0.73. The firm’s fifty day moving average is $232.14 and its 200-day moving average is $244.23. International Business Machines Corporation has a 12-month low of $199.19 and a 12-month high of $332.46. 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 posted its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, meeting analysts’ consensus estimates of $2.93. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The business had revenue of $17.16 billion for the quarter, compared to analysts’ expectations of $17.46 billion. During the same quarter in the previous year, the business posted $2.80 earnings per share. The business’s revenue was up 1.1% compared to the same quarter last year. On average, sell-side analysts predict that International Business Machines Corporation will post 12.33 EPS for the current year.

International Business Machines Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 10th were given a $1.69 dividend. This represents a $6.76 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Monday, August 10th. International Business Machines’s dividend payout ratio is 59.98%.

Analyst Upgrades and Downgrades

IBM has been the topic of several research reports. Morgan Stanley reduced their target price on International Business Machines from $293.00 to $190.00 and set an “equal weight” rating on the stock in a report on Thursday, July 23rd. Wall Street Zen cut International Business Machines from a “hold” rating to a “sell” rating in a report on Saturday, September 12th. Weiss Ratings downgraded International Business Machines from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, September 29th. Citic Securities boosted their price target on shares of International Business Machines from $294.00 to $297.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Finally, KeyCorp lowered shares of International Business Machines to a “sector weight” rating in a research report on Tuesday, June 23rd. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $253.52.

International Business Machines Profile

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.