NewEdge Advisors LLC Sells 257,257 Shares of International Business Machines Corporation $IBM

NewEdge Advisors LLC decreased its position in shares of International Business Machines Corporation (NYSE:IBM) by 67.8% in the first quarter, Holdings Channel reports. The fund owned 121,998 shares of the technology company’s stock after selling 257,257 shares during the period. NewEdge Advisors LLC’s holdings in International Business Machines were worth $29,571,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Basepoint Wealth LLC bought a new position in shares of International Business Machines in the fourth quarter worth about $25,000. Family CFO Inc bought a new stake in International Business Machines during the 4th quarter valued at approximately $25,000. Joseph Group Capital Management acquired a new stake in International Business Machines in the 4th quarter valued at approximately $28,000. Cornerstone Financial Management LLC acquired a new stake in International Business Machines in the 4th quarter valued at approximately $28,000. Finally, SWAN Capital LLC bought a new position in International Business Machines in the 3rd quarter worth approximately $28,000. 58.96% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Royal Bank Of Canada reiterated an “outperform” rating and set a $270.00 price target on shares of International Business Machines in a report on Tuesday, July 21st. Wedbush set a $350.00 price objective on shares of International Business Machines in a research note on Tuesday, June 2nd. Morgan Stanley dropped their target price on shares of International Business Machines from $293.00 to $190.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 23rd. Piper Sandler raised shares of International Business Machines to an “overweight” rating in a report on Tuesday, June 23rd. Finally, Oppenheimer lowered shares of International Business Machines from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 15th. Fifteen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $265.40.

Key International Business Machines News

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

• Positive Sentiment: IBM’s second-quarter results were viewed as better than the headline revenue miss suggested. Earnings per share matched the $2.93 consensus estimate, revenue increased 1.1% year over year, and investors noted encouraging trends in margins, cash generation and the company’s recurring software and consulting businesses. IBM Stock: 3 Reasons Q2 Earnings Weren’t as Bad as Investors Feared
• Positive Sentiment: A native Resecurity integration with IBM QRadar SIEM expands the platform’s threat-intelligence ecosystem. The development supports IBM’s positioning as a hub for AI-ready cybersecurity data and could benefit demand for automated defenses as AI-enabled attacks increase. Is IBM Quietly Turning QRadar Into the Core of Its AI Security Investment Story?
• Positive Sentiment: IBM’s latest data-breach report highlights a growing cybersecurity market: one in four malicious breaches is now AI-enabled, with average costs of about $6 million. Rising breach severity may strengthen the business case for IBM’s security and consulting offerings. IBM Study: One in Four Malicious Breaches are AI-Enabled
• Neutral Sentiment: IBM’s sale of nearly 1,000 blockchain patents to Circle monetizes non-core intellectual property and allows greater focus on AI and quantum computing, although it also underscores the company’s retreat from blockchain-related initiatives. Circle Acquires IBM’s Entire Blockchain Patent Portfolio
• Negative Sentiment: Analysts at Erste Group reduced their IBM EPS estimates modestly for fiscal 2026 and 2027. The revisions reinforce concerns that slowing growth, particularly in IBM Z, could limit earnings momentum.
• Negative Sentiment: Several law firms have announced investigations into potential securities-law violations tied to IBM’s disclosures about new business deals and the IBM Z outlook. These announcements are allegations, not findings, but add headline and litigation risk after the sharp selloff. IBM Securities Fraud Investigation

International Business Machines Stock Performance

Shares of NYSE IBM opened at $226.64 on Thursday. The firm has a market capitalization of $213.52 billion, a price-to-earnings ratio of 20.11, a PEG ratio of 2.23 and a beta of 0.68. International Business Machines Corporation has a one year low of $199.19 and a one year high of $332.46. The business has a fifty day simple moving average of $262.92 and a 200 day simple moving average of $258.62. 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 announced its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) 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 company had revenue of $17.16 billion during the quarter, compared to analysts’ expectations of $17.46 billion. During the same quarter in the prior year, the company posted $2.80 EPS. The business’s revenue was up 1.1% on a year-over-year basis. Sell-side analysts expect that International Business Machines Corporation will post 12.34 EPS for the current year.

International Business Machines Dividend Announcement

The business also recently declared 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 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Monday, August 10th. International Business Machines’s dividend payout ratio is 59.98%.

International Business Machines Company 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.