International Business Machines Corporation $IBM Shares Sold by Canal Insurance CO

Canal Insurance CO lowered its stake in International Business Machines Corporation (NYSE:IBM) by 13.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 63,000 shares of the technology company’s stock after selling 10,000 shares during the quarter. International Business Machines comprises about 4.5% of Canal Insurance CO’s portfolio, making the stock its 4th biggest holding. Canal Insurance CO’s holdings in International Business Machines were worth $18,661,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Generali Asset Management SPA SGR lifted its holdings in International Business Machines by 16.9% in the fourth quarter. Generali Asset Management SPA SGR now owns 84,445 shares of the technology company’s stock worth $25,013,000 after purchasing an additional 12,224 shares during the period. Vantage Financial Partners LLC lifted its holdings in International Business Machines by 4.5% in the fourth quarter. Vantage Financial Partners LLC now owns 1,733 shares of the technology company’s stock worth $513,000 after purchasing an additional 74 shares during the period. Cassaday & Co Wealth Management LLC lifted its holdings in International Business Machines by 0.4% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 14,461 shares of the technology company’s stock worth $4,283,000 after purchasing an additional 54 shares during the period. Crestwood Advisors Group LLC lifted its holdings in International Business Machines by 7.0% in the fourth quarter. Crestwood Advisors Group LLC now owns 32,985 shares of the technology company’s stock worth $9,770,000 after purchasing an additional 2,149 shares during the period. Finally, CORDA Investment Management LLC. lifted its holdings in International Business Machines by 9.5% in the fourth quarter. CORDA Investment Management LLC. now owns 4,736 shares of the technology company’s stock worth $1,403,000 after purchasing an additional 410 shares during the period. Institutional investors and hedge funds own 58.96% of the company’s stock.

International Business Machines Stock Performance

NYSE:IBM opened at $231.23 on Friday. International Business Machines Corporation has a twelve month low of $220.72 and a twelve month high of $324.90. The company has a current ratio of 0.80, a quick ratio of 0.76 and a debt-to-equity ratio of 1.75. The company has a 50-day moving average of $243.05 and a 200-day moving average of $277.83. The firm has a market cap of $217.33 billion, a price-to-earnings ratio of 20.44, a price-to-earnings-growth ratio of 2.34 and a beta of 0.58.

International Business Machines (NYSE:IBM) last posted its quarterly earnings data on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.81 by $0.10. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The company had revenue of $15.92 billion during the quarter, compared to analyst estimates of $15.60 billion. During the same quarter last year, the firm posted $1.60 EPS. The business’s revenue for the quarter was up 9.5% on a year-over-year basis. Analysts forecast that International Business Machines Corporation will post 12.4 earnings per share for the current fiscal year.

International Business Machines Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th will be paid a dividend of $1.69 per share. This is a boost from International Business Machines’s previous quarterly dividend of $1.68. This represents a $6.76 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Friday, May 8th. International Business Machines’s payout ratio is currently 59.42%.

Insider Buying and Selling

In other news, Director Michael Miebach acquired 434 shares of International Business Machines stock in a transaction on Wednesday, February 25th. The stock was bought at an average cost of $233.33 per share, with a total value of $101,265.22. Following the completion of the purchase, the director owned 434 shares of the company’s stock, valued at $101,265.22. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.27% of the company’s stock.

Analyst Upgrades and Downgrades

IBM has been the subject of several research analyst reports. Morgan Stanley upped their price objective on shares of International Business Machines from $215.00 to $225.00 and gave the stock an “equal weight” rating in a report on Thursday, April 23rd. Evercore upped their price objective on shares of International Business Machines from $330.00 to $345.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. HSBC raised shares of International Business Machines from a “reduce” rating to a “hold” rating and upped their price objective for the stock from $218.00 to $231.00 in a report on Tuesday, April 28th. Wedbush restated an “outperform” rating and set a $320.00 price objective on shares of International Business Machines in a research report on Wednesday. Finally, Bank of America raised their price objective on shares of International Business Machines from $315.00 to $335.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $294.41.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: IBM showcased AI productivity gains and quantum milestones at its Think 2026 conference, citing large developer productivity lifts and messaging that “quantum advantage” may be within reach — this supports upside to IBM’s software, services and quantum growth narratives. IBM touts AI productivity gains and quantum milestones at Think conference
• Positive Sentiment: IBM Consulting announced expanded AI capabilities and new IBM Enterprise Advantage assets to accelerate hybrid‑AI deployments for regulated and enterprise customers — a clear revenue/upsell catalyst for consulting and recurring software services. IBM Consulting Expands AI Capabilities
• Positive Sentiment: Analyst support persists: Wedbush reaffirmed an “outperform” stance with a $320 target, signaling continued institutional conviction in IBM’s AI/quantum roadmap despite recent weakness. Wedbush reaffirms outperform
• Positive Sentiment: Rising investor interest in quantum-computing ETFs and thematic flows strengthens the investment narrative for firms with quantum roadmaps (including IBM), helping sentiment toward IBM’s longer-term growth vectors. Why to Bet on Quantum Computing ETFs Now
• Neutral Sentiment: Royal Bank of Canada trimmed its price target from $330 to $300 but kept an “outperform” rating — a mixed signal (lower target but still bullish), so watch revisions rather than headlines. RBC lowers price target
• Neutral Sentiment: Kyndryl’s announced cuts and weaker forecast are in the news; outcomes at Kyndryl can indirectly affect IBM’s service/partner dynamics but are not an immediate earnings driver for IBM. Kyndryl plans job cuts, forecasts below estimates
• Negative Sentiment: Longer‑term performance concern: coverage pieces note IBM is down ~27% over six months and highlight competitive pressure from agentic models (e.g., Anthropic’s Claude Code) that could erode legacy mainframe and middleware revenues — this explains part of the recent selloff and investor wariness. IBM Plummets 27% in 6 Months

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.