Shum Financial Group Inc. Acquires Shares of 3,574 International Business Machines Corporation $IBM

Shum Financial Group Inc. bought a new position in shares of International Business Machines Corporation (NYSE:IBM) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 3,574 shares of the technology company’s stock, valued at approximately $1,008,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Merit Financial Group LLC lifted its stake in shares of International Business Machines by 4.3% in the third quarter. Merit Financial Group LLC now owns 39,456 shares of the technology company’s stock valued at $11,133,000 after buying an additional 1,614 shares in the last quarter. Security National Bank raised its holdings in shares of International Business Machines by 1,089.3% in the 3rd quarter. Security National Bank now owns 15,889 shares of the technology company’s stock worth $4,483,000 after acquiring an additional 14,553 shares during the last quarter. Calamos Wealth Management LLC lifted its position in International Business Machines by 75.7% in the 3rd quarter. Calamos Wealth Management LLC now owns 8,328 shares of the technology company’s stock valued at $2,350,000 after acquiring an additional 3,589 shares in the last quarter. Brendel Financial Advisors LLC boosted its stake in International Business Machines by 540.0% during the 3rd quarter. Brendel Financial Advisors LLC now owns 15,692 shares of the technology company’s stock valued at $4,428,000 after purchasing an additional 13,240 shares during the last quarter. Finally, Shilanski & Associates Inc. increased its holdings in International Business Machines by 28.6% during the 3rd quarter. Shilanski & Associates Inc. now owns 36,293 shares of the technology company’s stock worth $10,240,000 after purchasing an additional 8,065 shares in the last quarter. Institutional investors own 58.96% of the company’s stock.

International Business Machines Price Performance

Shares of NYSE:IBM opened at $302.06 on Wednesday. The company has a market capitalization of $282.35 billion, a P/E ratio of 36.13, a price-to-earnings-growth ratio of 3.04 and a beta of 0.69. The company’s 50-day moving average is $304.46 and its 200 day moving average is $281.21. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.89 and a current ratio of 0.93. International Business Machines Corporation has a fifty-two week low of $214.50 and a fifty-two week high of $324.90.

International Business Machines (NYSE:IBM) last released its earnings results on Wednesday, October 22nd. The technology company reported $2.65 earnings per share for the quarter, beating analysts’ consensus estimates of $2.45 by $0.20. International Business Machines had a net margin of 12.09% and a return on equity of 37.76%. The firm had revenue of $16.33 billion for the quarter, compared to analysts’ expectations of $16.10 billion. During the same period in the previous year, the company earned $2.30 earnings per share. The company’s quarterly revenue was up 9.1% on a year-over-year basis. On average, equities research analysts forecast that International Business Machines Corporation will post 10.78 earnings per share for the current year.

International Business Machines Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Monday, November 10th were paid a $1.68 dividend. The ex-dividend date was Monday, November 10th. This represents a $6.72 annualized dividend and a yield of 2.2%. International Business Machines’s dividend payout ratio is presently 80.38%.

International Business Machines News Summary

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

• Positive Sentiment: Zacks Research raised FY2026 and FY2027 EPS forecasts and nudged up Q3/Q4 2026 estimates (minor increases), signaling incremental analyst confidence in IBM’s revenue/profit trajectory.
• Positive Sentiment: High-profile endorsement: Jim Cramer called IBM “still cheap,” which can support demand from retail and income-focused investors. IBM Is Still Undervalued, According to Jim Cramer
• Positive Sentiment: Positive thematic coverage: commentary that “IBM became an AI powerhouse in 2025” reinforces the company’s strategic positioning in AI and enterprise solutions, supporting a higher multiple over time. IBM Became an AI Powerhouse in 2025
• Neutral Sentiment: Industry note: Zacks flagged IBM’s diversified quantum roadmap as a competitive edge vs. pure-play quantum names — a longer-term positive but unlikely to move near-term earnings materially. 2026 Big Tech Quantum Bets
• Neutral Sentiment: Company lore/development: coverage of former CEO Louis (Lou) Gerstner’s death is notable for history and sentiment but is non-operational; it may prompt short-term headlines without changing fundamentals. Louis V. Gerstner, Who Revived a Faltering IBM in the ’90s, Dies at 83
• Negative Sentiment: Zacks issued a tiny downward tweak for Q3 2027 EPS (from $3.02 to $3.01) — a minimal cut but one that can be used by short-term traders as a bearish data point.
• Negative Sentiment: Zacks reported IBM’s shares fell more steeply than the broader market in the latest session, indicating profit-taking and short-term selling pressure despite positive longer-term narratives. IBM (IBM) Falls More Steeply Than Broader Market

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on IBM shares. Stifel Nicolaus raised their target price on International Business Machines from $295.00 to $325.00 and gave the company a “buy” rating in a report on Tuesday, December 9th. Weiss Ratings upgraded International Business Machines from a “hold (c+)” rating to a “buy (b)” rating in a research note on Saturday, October 25th. Jefferies Financial Group upped their target price on shares of International Business Machines from $280.00 to $305.00 and gave the stock a “hold” rating in a research note on Tuesday, October 21st. UBS Group reissued a “sell” rating on shares of International Business Machines in a research report on Tuesday, December 9th. Finally, Royal Bank Of Canada reduced their price objective on shares of International Business Machines from $315.00 to $300.00 and set an “outperform” rating for the company in a research report on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $293.38.

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.