Bank of America Corp DE Raises Position in International Business Machines Corporation $IBM

Bank of America Corp DE grew its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 7.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,063,653 shares of the technology company’s stock after acquiring an additional 1,049,602 shares during the period. Bank of America Corp DE’s holdings in International Business Machines were worth $3,893,669,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of IBM. Norges Bank purchased a new position in International Business Machines during the fourth quarter valued at $2,446,429,000. Capital World Investors increased its position in International Business Machines by 29.2% in the fourth quarter. Capital World Investors now owns 22,021,912 shares of the technology company’s stock worth $6,523,720,000 after buying an additional 4,976,756 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of International Business Machines by 83.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,617,117 shares of the technology company’s stock worth $1,663,847,000 after buying an additional 2,553,552 shares during the period. Corient Private Wealth LLC lifted its position in shares of International Business Machines by 359.6% during the 4th quarter. Corient Private Wealth LLC now owns 1,896,675 shares of the technology company’s stock valued at $561,814,000 after buying an additional 1,484,026 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of International Business Machines by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 97,216,131 shares of the technology company’s stock valued at $28,796,390,000 after buying an additional 1,439,824 shares in the last quarter. 58.96% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. HSBC set a $175.00 target price on shares of International Business Machines and gave the stock a “reduce” rating in a report on Thursday, July 16th. Argus lowered their price target on shares of International Business Machines from $360.00 to $280.00 and set a “buy” rating on the stock in a report on Thursday, July 16th. Jefferies Financial Group dropped their price target on shares of International Business Machines from $320.00 to $260.00 and set a “buy” rating for the company in a research report on Tuesday, July 21st. Barclays reduced 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 research note on Thursday, July 23rd. Finally, BMO Capital Markets lowered their target price on shares of International Business Machines from $270.00 to $230.00 and set a “market perform” rating on the stock in a research note on Thursday, July 23rd. Fifteen investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $265.40.

Trending Headlines about International Business Machines

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 Down 0.4%

Shares of IBM opened at $226.64 on Thursday. The business’s 50 day moving average is $262.92 and its 200 day moving average is $258.62. The company has a market capitalization of $213.52 billion, a PE ratio of 20.11, a price-to-earnings-growth ratio of 2.23 and a beta of 0.68. 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 results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share 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 the consensus estimate of $17.46 billion. During the same period in the prior year, the company posted $2.80 EPS. The firm’s revenue for the quarter was up 1.1% compared to the same quarter last year. Research analysts expect that International Business Machines Corporation will post 12.34 earnings per share for the current fiscal year.

International Business Machines Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be issued a $1.69 dividend. This represents a $6.76 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Monday, August 10th. International Business Machines’s payout ratio is 59.98%.

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.