International Business Machines Corporation $IBM Stock: SteelPeak Wealth LLC Increases Position

SteelPeak Wealth LLC raised its position in International Business Machines Corporation (NYSE:IBM) by 174.8% in the 3rd quarter, Holdings Channel reports. The fund owned 79,239 shares of the technology company’s stock after acquiring an additional 50,406 shares during the period. SteelPeak Wealth LLC’s holdings in International Business Machines were worth $17,427,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Harborfront Financial Group LLC acquired a new position in shares of International Business Machines during the second quarter worth about $27,000. Hara Capital LLC acquired a new stake in International Business Machines in the second quarter valued at about $28,000. Bare Financial Services Inc boosted 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 purchasing an additional 55 shares in the last quarter. Portus Wealth Advisors LLC purchased a new stake in International Business Machines in the 1st quarter valued at approximately $26,000. Finally, Caitlin John LLC purchased a new stake in International Business Machines in the 2nd quarter valued at approximately $35,000. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Insider Activity

In other 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 completion of the sale, the senior vice president directly owned 47,800 shares in the company, 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. Insiders own 0.27% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on IBM shares. Morgan Stanley boosted their target price on International Business Machines from $190.00 to $238.00 and gave the stock an “equal weight” rating in a research report on Thursday. KeyCorp cut International Business Machines to a “sector weight” rating in a report on Tuesday, June 23rd. Robert W. Baird began coverage on International Business Machines in a research note on Tuesday, July 21st. They issued a “neutral” rating and a $230.00 price target on the stock. Weiss Ratings upgraded International Business Machines from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday. Finally, Oppenheimer lowered International Business Machines from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 15th. Nineteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $254.96.

Key International Business Machines News

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

• Positive Sentiment: Bank of America expects IBM to deliver a modest third-quarter earnings beat while maintaining its 2026 outlook. The bank reiterated its Buy rating and $280 price target, citing higher-margin software, improving profitability and strong free cash flow. IBM poised for modest third-quarter beat, says Bank of America
• Positive Sentiment: Analysts expect software revenue to benefit from AI innovation, strategic partnerships and expanding enterprise-cloud capabilities. Consulting revenue is also projected to show modest growth, supported by technology demand, AI partnerships and cybersecurity-related expansion. IBM software revenue earnings preview
• Positive Sentiment: IBM and Siemens are collaborating on IBM’s nanostack transistor architecture, combining IBM semiconductor research with Siemens’ design-automation and manufacturing software. The initiative reinforces IBM’s long-term investment in advanced chips and computing technology. Siemens joins IBM nanostack research effort
• Neutral Sentiment: IBM reports third-quarter results next week, and options traders are pricing in a potential move of roughly 8% after the release. The elevated implied volatility signals substantial uncertainty rather than a clearly bullish or bearish expectation. IBM options market expects major post-earnings move
• Neutral Sentiment: Morgan Stanley raised its IBM price target to $238 but maintained an Equal Weight rating, implying limited near-term upside at the referenced price. RBC separately reaffirmed its Outperform rating. RBC reaffirms IBM Outperform rating
• Negative Sentiment: Investor concerns remain about IBM’s valuation, rising debt and limited dividend growth. Commentary noted that the company’s long record of annual dividend increases has recently involved only small raises, potentially constraining its appeal to income-focused investors while it funds AI initiatives. IBM dividend and debt concerns

International Business Machines Stock Down 0.7%

Shares of NYSE IBM opened at $232.58 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.63. International Business Machines Corporation has a 52 week low of $199.19 and a 52 week high of $332.46. The firm has a 50-day moving average price of $231.99 and a 200 day moving average price of $243.58. The stock has a market capitalization of $219.12 billion, a price-to-earnings ratio of 20.64, a price-to-earnings-growth ratio of 2.21 and a beta of 0.73.

International Business Machines (NYSE:IBM) last released its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 EPS for the quarter, hitting 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 firm had revenue of $17.16 billion for the quarter, compared to the consensus estimate of $17.46 billion. During the same quarter in the previous year, the firm earned $2.80 earnings per share. The firm’s revenue was up 1.1% on a year-over-year basis. Equities research analysts anticipate that International Business Machines Corporation will post 12.34 EPS for the current fiscal year.

International Business Machines Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 10th were given a dividend of $1.69 per share. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Monday, August 10th. International Business Machines’s dividend payout ratio (DPR) is presently 59.98%.

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.