International Business Machines Corporation $IBM Shares Sold by Swedbank AB

Swedbank AB lowered its holdings in International Business Machines Corporation (NYSE:IBM) by 6.4% in the first quarter, HoldingsChannel reports. The firm owned 889,975 shares of the technology company’s stock after selling 61,108 shares during the period. Swedbank AB’s holdings in International Business Machines were worth $215,721,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in IBM. Kiley Juergens Wealth Management LLC bought a new position in International Business Machines during the 1st quarter valued at $459,000. O Domhnaill Enterprises Inc. increased its position in shares of International Business Machines by 9.4% in the 1st quarter. O Domhnaill Enterprises Inc. now owns 5,002 shares of the technology company’s stock worth $1,212,000 after purchasing an additional 429 shares during the last quarter. Walser Wealth Management Company A Ltd Liability Co raised its stake in shares of International Business Machines by 32.4% in the 1st quarter. Walser Wealth Management Company A Ltd Liability Co now owns 2,095 shares of the technology company’s stock valued at $508,000 after purchasing an additional 513 shares in the last quarter. Beacon Bank & Trust lifted its position in shares of International Business Machines by 47.8% during the first quarter. Beacon Bank & Trust now owns 3,458 shares of the technology company’s stock worth $838,000 after purchasing an additional 1,119 shares during the last quarter. Finally, Hodges Capital Management Inc. lifted its position in shares of International Business Machines by 123.4% during the first quarter. Hodges Capital Management Inc. now owns 21,577 shares of the technology company’s stock worth $5,230,000 after purchasing an additional 11,917 shares during the last quarter. 58.96% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting International Business Machines

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

• Positive Sentiment: Bank of America raised its price target on IBM to $330 and reiterated a buy rating, signaling confidence in near-term earnings and full-year guidance. IBM Stock Jumps as BofA Securities Flags Strong Q2, Potential 2026 Guidance Hike
• Positive Sentiment: IBM and researchers from Oak Ridge National Lab and Cleveland Clinic reported the first-known quantum computer computations of fusion materials, reinforcing IBM’s leadership in quantum computing and advanced research. Oak Ridge National Lab, Cleveland Clinic, and IBM Achieve First-Known Computations of Fusion Materials on a Quantum Computer
• Positive Sentiment: IBM also unveiled compact z17 and LinuxONE systems designed to reduce data-center space and cost constraints, which could support demand from enterprise customers looking for more efficient infrastructure. IBM Launches Compact z17 and LinuxONE Systems to Address Data Center Space and Cost Constraints
• Neutral Sentiment: Jim Cramer highlighted IBM as an attractive “boring AI” stock, adding to the bullish narrative around the company’s AI monetization story. Cramer Says Forget the Data-Center Darlings. This ‘Boring’ AI Stock at 22x Is the Buy.
• Neutral Sentiment: IBM remains a closely watched stock ahead of its July 22 earnings report, where investors will look for confirmation that AI-driven growth is translating into revenue and margin expansion. Dear IBM Stock Fans, Mark Your Calendars for July 22

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Susquehanna initiated coverage on International Business Machines in a report on Tuesday, June 23rd. They issued a “neutral” rating for the company. Barclays began coverage on International Business Machines in a report on Monday, June 1st. They set an “overweight” rating and a $350.00 target price on the stock. Bank of America boosted their price target on International Business Machines from $315.00 to $330.00 and gave the company a “buy” rating in a report on Monday. DZ Bank raised International Business Machines from a “hold” rating to a “buy” rating and set a $295.00 price target on the stock in a research report on Friday, April 24th. Finally, Wolfe Research downgraded shares of International Business Machines to a “peer perform” rating in a report on Tuesday, June 23rd. Sixteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, International Business Machines currently has a consensus rating of “Moderate Buy” and an average target price of $306.47.

International Business Machines Stock Performance

NYSE IBM traded up $9.51 during trading hours on Tuesday, hitting $309.03. The company had a trading volume of 2,890,513 shares, compared to its average volume of 7,249,388. International Business Machines Corporation has a fifty-two week low of $212.34 and a fifty-two week high of $332.46. The company has a quick ratio of 0.76, a current ratio of 0.80 and a debt-to-equity ratio of 1.75. The business has a fifty day simple moving average of $256.99 and a 200-day simple moving average of $266.06. The firm has a market cap of $290.45 billion, a P/E ratio of 27.32, a price-to-earnings-growth ratio of 3.00 and a beta of 0.68.

International Business Machines (NYSE:IBM) last announced its quarterly earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.10. The company had revenue of $15.92 billion during the quarter, compared to the consensus estimate of $15.60 billion. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The company’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.60 earnings per share. Equities analysts predict that International Business Machines Corporation will post 12.4 EPS for the current year.

International Business Machines Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 8th were given a $1.69 dividend. The ex-dividend date was Friday, May 8th. This represents a $6.76 annualized dividend and a yield of 2.2%. This is a boost from International Business Machines’s previous quarterly dividend of $1.68. International Business Machines’s payout ratio is 59.77%.

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.