Waverly Advisors LLC lifted its holdings in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 138.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 144,368 shares of the technology company's stock after buying an additional 83,711 shares during the period. Waverly Advisors LLC's holdings in International Business Machines were worth $40,598,000 at the end of the most recent reporting period.

• Cashing in on the Qubit: NVIDIA Takes the Quantum Leap

Several other large investors also recently bought and sold shares of IBM. Orca Wealth Management LLC boosted its holdings in shares of International Business Machines by 3.7% during the 4th quarter. Orca Wealth Management LLC now owns 975 shares of the technology company's stock valued at $285,000 after acquiring an additional 35 shares during the last quarter. Friday Financial raised its holdings in shares of International Business Machines by 1.9% during the second quarter. Friday Financial now owns 1,903 shares of the technology company's stock valued at $583,000 after purchasing an additional 35 shares during the last quarter. First Command Advisory Services Inc. raised its holdings in shares of International Business Machines by 1.1% during the fourth quarter. First Command Advisory Services Inc. now owns 3,459 shares of the technology company's stock valued at $1,025,000 after purchasing an additional 36 shares during the last quarter. Argent Advisors Inc. lifted its position in International Business Machines by 0.8% during the fourth quarter. Argent Advisors Inc. now owns 4,655 shares of the technology company's stock valued at $1,379,000 after purchasing an additional 37 shares during the period. Finally, Weik Capital Management boosted its holdings in International Business Machines by 0.6% in the fourth quarter. Weik Capital Management now owns 6,162 shares of the technology company's stock worth $1,825,000 after purchasing an additional 37 shares during the last quarter. 58.96% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Susquehanna lifted their target price on shares of International Business Machines from $225.00 to $235.00 and gave the stock a "neutral" rating in a research report on Monday, August 31st. Craig Hallum started coverage on International Business Machines in a research note on Wednesday, August 19th. They issued a "buy" rating on the stock. KeyCorp lowered International Business Machines to a "sector weight" rating in a report on Tuesday, June 23rd. HSBC set a $175.00 price objective on International Business Machines and gave the company a "reduce" rating in a research report on Thursday, July 16th. Finally, Royal Bank Of Canada reissued an "outperform" rating and issued a $270.00 target price on shares of International Business Machines in a research report on Tuesday, July 21st. Seventeen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $265.16.

• IBM and Lockheed Martin Turn a Swiss Defense Deal Into a Quantum Computing Bet

View Our Latest Report on International Business Machines

Insider Activity

In other news, SVP Robert Thomas sold 25,000 shares of the business's stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total value of $5,758,000.00. Following the transaction, the senior vice president owned 47,800 shares of the company's stock, valued at approximately $11,009,296. The trade was a 34.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.27% of the stock is currently owned by insiders.

International Business Machines Price Performance

• Quantum Computing Is Raising the Stakes for Cybersecurity: 5 Stocks to Watch

NYSE:IBM opened at $237.65 on Thursday. The business's 50-day simple moving average is $233.43 and its two-hundred day simple moving average is $246.71. International Business Machines Corporation has a 52 week low of $199.19 and a 52 week high of $332.46. The stock has a market cap of $223.90 billion, a PE ratio of 21.09, a P/E/G ratio of 2.37 and a beta of 0.71. 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 (NYSE:IBM - Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, hitting analysts' consensus estimates of $2.93. The firm had revenue of $17.16 billion during the quarter, compared to analyst estimates of $17.46 billion. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The business's quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.80 earnings per share. As a group, analysts forecast that International Business Machines Corporation will post 12.33 EPS for the current fiscal year.

International Business Machines Announces Dividend

The business also recently disclosed 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. The ex-dividend date was Monday, August 10th. This represents a $6.76 annualized dividend and a dividend yield of 2.8%. International Business Machines's dividend payout ratio (DPR) is presently 59.98%.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: IBM subsidiary Anderon finalized a $1 billion CHIPS and Science Act award from the U.S. Department of Commerce to accelerate development of a U.S.-based, pure-play quantum wafer foundry. The funding strengthens IBM’s position in quantum infrastructure and could create longer-term strategic opportunities, although it is primarily government support for research and capacity expansion rather than immediate revenue. Anderon finalizes $1 billion CHIPS award
• Positive Sentiment: Analysts’ reported price targets remain above the current trading level, and coverage highlighted potential growth from IBM’s quantum infrastructure strategy and AI deployments. A Turkish credit-bureau AI deal also reportedly involves production-scale processing of 23 million transactions daily, though IBM did not disclose its contract value.
• Neutral Sentiment: The quantum award is strategically important but may require substantial execution, investment and time before materially affecting IBM’s earnings. The opportunity is viewed more as a long-term infrastructure platform than an immediate financial catalyst.
• Negative Sentiment: Despite the government announcement, investors appear to be taking profits after IBM’s recent advance. Technical commentary pointed to resistance near the $239–$241 area, while the retreat below that zone weakened the short-term breakout thesis. Why IBM stock is falling
• Negative Sentiment: IBM’s latest reported quarter showed earnings in line with estimates but revenue below expectations, reinforcing concerns that the company’s near-term growth remains modest. The stock’s decline while the broader technology market rallied suggests valuation and profit-taking pressures outweighed the quantum news.

About International Business Machines

(Free Report)

International Business Machines Corporation (IBM) is a global technology and consulting company that provides enterprise-focused hardware, software and services. Its offerings include hybrid cloud solutions, artificial intelligence, data and automation software, cybersecurity tools, IT infrastructure and technology consulting.

IBM develops and supports enterprise systems such as IBM Z mainframes, Power servers and storage products. Its software portfolio includes Red Hat hybrid cloud technologies, the watsonx platform for artificial intelligence and data management, application integration tools and cybersecurity solutions.

Featured Articles

• Five stocks we like better than International Business Machines
• 3 Luxury Consumer Brands to Watch in a Beaten-Down Sector
• Jackson’s Record Quarter Powers the Bull Case
• Holiday Shopping Is Almost Here—And Target May Be Ready to Win Big
• AI Panic Hit Tech Stocks—But NVIDIA’s Growth Engine Is Intact

Want to see what other hedge funds are holding IBM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for International Business Machines Corporation (NYSE:IBM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in International Business Machines Right Now?

Before you consider International Business Machines, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and International Business Machines wasn't on the list.

While International Business Machines currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here