International Business Machines Corporation $IBM Shares Sold by Mainstay Capital Management LLC ADV

Mainstay Capital Management LLC ADV reduced its position in shares of International Business Machines Corporation (NYSE:IBM) by 51.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,408 shares of the technology company’s stock after selling 9,804 shares during the period. Mainstay Capital Management LLC ADV’s holdings in International Business Machines were worth $2,655,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Mattson Financial Services LLC acquired a new stake in shares of International Business Machines during the third quarter valued at about $852,000. Waverton Investment Management Ltd lifted its stake in shares of International Business Machines by 3.3% in the third quarter. Waverton Investment Management Ltd now owns 993,743 shares of the technology company’s stock worth $280,439,000 after acquiring an additional 32,072 shares in the last quarter. NEOS Investment Management LLC boosted its holdings in International Business Machines by 51.7% in the third quarter. NEOS Investment Management LLC now owns 114,395 shares of the technology company’s stock valued at $32,278,000 after purchasing an additional 38,973 shares during the last quarter. American National Bank & Trust boosted its holdings in International Business Machines by 26.2% in the third quarter. American National Bank & Trust now owns 12,537 shares of the technology company’s stock valued at $3,537,000 after purchasing an additional 2,603 shares during the last quarter. Finally, Advisors Capital Management LLC grew its stake in International Business Machines by 3.8% during the 3rd quarter. Advisors Capital Management LLC now owns 347,155 shares of the technology company’s stock valued at $97,953,000 after purchasing an additional 12,623 shares in the last quarter. 58.96% of the stock is currently owned by hedge funds and other institutional investors.

International Business Machines Trading Down 1.9%

NYSE:IBM opened at $251.31 on Thursday. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 1.67. The business’s 50 day moving average is $274.07 and its two-hundred day moving average is $284.72. International Business Machines Corporation has a 52 week low of $214.50 and a 52 week high of $324.90. The company has a market cap of $235.74 billion, a PE ratio of 22.54, a P/E/G ratio of 2.57 and a beta of 0.73.

International Business Machines (NYSE:IBM) last issued its quarterly earnings results on Wednesday, January 28th. The technology company reported $4.52 earnings per share for the quarter, beating analysts’ consensus estimates of $4.33 by $0.19. The business had revenue of $19.69 billion during the quarter, compared to the consensus estimate of $19.23 billion. International Business Machines had a return on equity of 38.15% and a net margin of 15.69%.The business’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the business earned $3.92 EPS. On average, analysts predict that International Business Machines Corporation will post 10.78 EPS for the current year.

International Business Machines Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 10th were issued a $1.68 dividend. This represents a $6.72 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, February 10th. International Business Machines’s payout ratio is currently 60.27%.

International Business Machines News Summary

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

• Positive Sentiment: IBM completed its acquisition of Confluent for about $11bn, adding real‑time data streaming to its stack and announcing day‑one integrations with watsonx.data, IBM MQ, webMethods and IBM Z — a move IBM says will power AI agents and hybrid enterprise workflows. This is a meaningful strategic accelerator for IBM’s AI roadmap. IBM Completes Acquisition of Confluent
• Positive Sentiment: IBM expanded its partnership with NVIDIA to embed NVIDIA GPUs into IBM Cloud and Red Hat AI Factory, aimed at moving enterprise AI projects from pilot to production — a commercial ramp that could drive software, services and cloud demand. IBM and NVIDIA Partner to Help Businesses Deploy AI at Scale
• Positive Sentiment: IBM Consulting teamed with The Hackett Group to help clients prioritize high‑ROI AI use cases and align them to existing workflows — an initiative that could accelerate enterprise AI adoption and consulting services revenue. IBM Business Operations and The Hackett Group Collaborate to Accelerate and Enhance Enterprise AI Business Outcomes
• Positive Sentiment: Recognition of IBM research: IBM Fellow Charles H. Bennett was named a co‑recipient of the A.M. Turing Award, reinforcing IBM’s standing in advanced computing and quantum research — positive for long‑term reputation and innovation credentials. IBM Fellow and Quantum Pioneer Charles H. Bennett Receives A.M. Turing Award
• Neutral Sentiment: Procedural: Confluent has been delisted from Nasdaq following the acquisition — an expected corporate housekeeping step with limited direct impact on IBM’s near‑term financials. IBM Completes Confluent Acquisition, Company Delists from Nasdaq
• Negative Sentiment: JPMorgan reduced its price target on IBM from $317 to $283 and moved to a “neutral” rating — a notable analyst downgrade that can prompt selling or reduce buying interest in the near term. JPMorgan Lowers IBM Price Target
• Negative Sentiment: Near‑term technical/market pressure: the stock sits below recent 50‑ and 200‑day averages and volume is lighter than average, conditions that can amplify downside when analyst sentiment turns cautious. (Background trading data.)

Insider Buying and Selling at International Business Machines

In other International Business Machines news, Director Michael Miebach purchased 434 shares of International Business Machines stock in a transaction dated Wednesday, February 25th. The shares were bought at an average cost of $233.33 per share, for a total transaction of $101,265.22. Following the transaction, the director owned 434 shares in the company, valued at $101,265.22. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director David N. Farr purchased 1,000 shares of the firm’s stock in a transaction dated Friday, January 30th. The stock was acquired at an average cost of $304.00 per share, with a total value of $304,000.00. Following the completion of the acquisition, the director directly owned 9,258 shares in the company, valued at approximately $2,814,432. This trade represents a 12.11% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have acquired 1,484 shares of company stock valued at $417,157. 0.27% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have issued reports on IBM shares. Evercore lifted their price objective on International Business Machines from $330.00 to $345.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. Jefferies Financial Group reissued a “buy” rating on shares of International Business Machines in a research report on Monday, February 23rd. Sanford C. Bernstein restated a “market perform” rating on shares of International Business Machines in a research note on Wednesday, December 10th. Bank of America upped their price target on shares of International Business Machines from $315.00 to $335.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of International Business Machines in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $318.60.

International Business Machines 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.