Symphony Financial Ltd. Co. cut its holdings in shares of International Business Machines Corporation (NYSE:IBM – Free Report) by 30.4% in the 3rd quarter, HoldingsChannel reports. The fund owned 6,850 shares of the technology company’s stock after selling 2,997 shares during the period. Symphony Financial Ltd. Co.’s holdings in International Business Machines were worth $1,967,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in the business. Whelan Financial grew its holdings in shares of International Business Machines by 2.4% in the second quarter. Whelan Financial now owns 1,525 shares of the technology company’s stock valued at $450,000 after acquiring an additional 36 shares in the last quarter. Ignite Planners LLC raised its position in shares of International Business Machines by 0.9% in the 2nd quarter. Ignite Planners LLC now owns 3,964 shares of the technology company’s stock worth $1,133,000 after purchasing an additional 36 shares during the last quarter. Vishria Bird Financial Group LLC raised its position in International Business Machines by 3.0% in the 3rd quarter. Vishria Bird Financial Group LLC now owns 1,230 shares of the technology company’s stock worth $347,000 after buying an additional 36 shares during the last quarter. Prosperitas Financial LLC lifted its stake in International Business Machines by 2.9% during the 3rd quarter. Prosperitas Financial LLC now owns 1,260 shares of the technology company’s stock valued at $356,000 after acquiring an additional 36 shares during the period. Finally, TI Trust Inc. boosted its holdings in shares of International Business Machines by 0.8% during the 3rd quarter. TI Trust Inc. now owns 4,492 shares of the technology company’s stock valued at $1,267,000 after acquiring an additional 37 shares during the last quarter. Institutional investors own 58.96% of the company’s stock.
Analysts Set New Price Targets
Several research firms have recently weighed in on IBM. BMO Capital Markets boosted their price objective on shares of International Business Machines from $300.00 to $305.00 and gave the company a “market perform” rating in a report on Thursday, October 23rd. Bank of America increased their price target on International Business Machines from $315.00 to $335.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Erste Group Bank raised International Business Machines from a “hold” rating to a “buy” rating in a report on Friday, December 5th. Weiss Ratings reissued a “buy (b)” rating on shares of International Business Machines in a report on Thursday. Finally, Sanford C. Bernstein reissued a “market perform” rating on shares of International Business Machines in a research report on Wednesday, December 10th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $306.86.
More International Business Machines News
Here are the key news stories impacting International Business Machines this week:
- Positive Sentiment: JPMorgan and other analysts are bullish — a JPMorgan analyst said IBM’s stock is likely to rise, and other outlets report the stock trading higher following an analyst upgrade, providing near‑term buying interest ahead of earnings. International Business Machines (NYSE:IBM) Stock Price Expected to Rise Trading 2.1% Higher After Analyst Upgrade
- Positive Sentiment: Evercore ISI raised its price target to $330 and added IBM to a tactical outperform list — a clear signal that some brokers see upside from current levels. Evercore ISI raises IBM price target to $330
- Positive Sentiment: Jefferies reiterates a Buy and sees potential reacceleration in software growth heading into the print — this supports expectations for upward estimate revisions in 2026. IBM software growth seen reaccelerating ahead of earnings: Jefferies
- Positive Sentiment: Research and product catalysts: IBM’s new machine‑learning model for chip design (with Ansys and DARPA) is being touted as meaningful for next‑gen chips — a longer‑term tech differentiator tied to its AI strategy. Why IBM’s New Machine‑Learning Model Is a Big Deal
- Positive Sentiment: Multiple earnings previews (Seeking Alpha, Zacks, The Motley Fool) highlight stronger Q4 prospects driven by consulting (AI uptake, Microsoft partnership), software/watsonx tailwinds and the Confluent deal — these previews raise the odds of an upside surprise. IBM Q4 Earnings Preview Unlocking Q4 Potential of IBM
- Neutral Sentiment: Reminder: IBM’s earnings date is Jan. 28 — expectations are elevated, so the report could amplify volatility. Mark Your Calendars for January 28
- Neutral Sentiment: Analyst commentary and roundup pieces (CNBC/Benzinga, Yahoo) largely expect a solid quarter but differ on valuation timing — useful for positioning but not immediate catalysts. CNBC Final Trades
- Negative Sentiment: Short‑term price weakness: coverage notes and market pieces report the stock has slid recently despite higher targets — signaling profit‑taking and that upgrades aren’t fully translating into immediate gains. IBM Stock Slides Even as Analysts Raise Targets
International Business Machines Trading Down 0.8%
Shares of NYSE:IBM opened at $292.43 on Friday. International Business Machines Corporation has a 12-month low of $214.50 and a 12-month high of $324.90. The company has a current ratio of 0.93, a quick ratio of 0.89 and a debt-to-equity ratio of 1.97. The company has a market cap of $273.35 billion, a PE ratio of 34.98, a price-to-earnings-growth ratio of 2.85 and a beta of 0.70. The stock has a 50 day moving average of $302.13 and a 200 day moving average of $282.69.
International Business Machines (NYSE:IBM – Get Free Report) last issued its quarterly earnings data on Wednesday, October 22nd. The technology company reported $2.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.45 by $0.20. The business had revenue of $16.33 billion for the quarter, compared to the consensus estimate of $16.10 billion. International Business Machines had a return on equity of 37.76% and a net margin of 12.09%.The company’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same period in the prior year, the business posted $2.30 earnings per share. As a group, equities research analysts expect that International Business Machines Corporation will post 10.78 EPS for the current year.
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.
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