Teacher Retirement System of Texas Cuts Stock Position in International Business Machines Corporation $IBM

Teacher Retirement System of Texas trimmed its position in shares of International Business Machines Corporation (NYSE:IBM) by 8.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 264,978 shares of the technology company’s stock after selling 25,449 shares during the period. Teacher Retirement System of Texas’ holdings in International Business Machines were worth $74,766,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of IBM. Flagship Wealth Advisors LLC grew its holdings in International Business Machines by 5.2% in the third quarter. Flagship Wealth Advisors LLC now owns 2,538 shares of the technology company’s stock worth $716,000 after purchasing an additional 126 shares during the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of International Business Machines by 7.8% during the 3rd quarter. Parkside Financial Bank & Trust now owns 10,890 shares of the technology company’s stock valued at $3,073,000 after purchasing an additional 787 shares during the last quarter. Facet Wealth Inc. boosted its position in shares of International Business Machines by 4.9% in the 3rd quarter. Facet Wealth Inc. now owns 6,134 shares of the technology company’s stock worth $1,731,000 after purchasing an additional 288 shares in the last quarter. Nadler Financial Group Inc. increased its position in International Business Machines by 11.2% during the 3rd quarter. Nadler Financial Group Inc. now owns 2,240 shares of the technology company’s stock valued at $632,000 after buying an additional 225 shares in the last quarter. Finally, Naples Global Advisors LLC increased its position in International Business Machines by 2.0% during the 3rd quarter. Naples Global Advisors LLC now owns 17,432 shares of the technology company’s stock valued at $4,919,000 after buying an additional 340 shares in the last quarter. Institutional investors own 58.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on IBM shares. Royal Bank Of Canada raised their price target on International Business Machines from $300.00 to $350.00 and gave the stock an “outperform” rating in a report on Monday, January 5th. Weiss Ratings upgraded shares of International Business Machines from a “hold (c+)” rating to a “buy (b)” rating in a research note on Saturday, October 25th. Erste Group Bank upgraded shares of International Business Machines from a “hold” rating to a “buy” rating in a research note on Friday, December 5th. Morgan Stanley cut their target price on International Business Machines from $256.00 to $252.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 23rd. Finally, Jefferies Financial Group raised International Business Machines from a “hold” rating to a “buy” rating and lifted their price target for the stock from $300.00 to $360.00 in a research report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, International Business Machines currently has an average rating of “Moderate Buy” and an average target price of $306.86.

International Business Machines Price Performance

Shares of IBM opened at $294.61 on Friday. The business’s 50-day moving average is $302.39 and its two-hundred day moving average is $282.69. The company has a market capitalization of $275.38 billion, a P/E ratio of 35.24, a P/E/G ratio of 2.88 and a beta of 0.70. International Business Machines Corporation has a fifty-two week low of $214.50 and a fifty-two week high of $324.90. 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 (NYSE:IBM) last issued its quarterly earnings data on Wednesday, October 22nd. The technology company reported $2.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.45 by $0.20. The business had revenue of $16.33 billion during the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.30 EPS. Research analysts predict that International Business Machines Corporation will post 10.78 earnings per share for the current year.

International Business Machines News Summary

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

• Positive Sentiment: JPMorgan raised its price target and signaled upside potential for IBM, a move cited by several outlets as a reason the stock is expected to rise. International Business Machines (NYSE:IBM) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says
• Positive Sentiment: Evercore ISI raised its price target to $330 and added IBM to a tactical outperform list — another institutional vote of confidence that supports upside ahead of earnings. Evercore ISI raises IBM price target to $330, adds stock to tactical outperform list
• Positive Sentiment: Jefferies reiterated a Buy and sees software growth re-accelerating in 2026 — analysts expect upward estimate revisions on the back of watsonx.ai momentum and the Confluent deal. IBM software growth seen reaccelerating ahead of earnings: Jefferies
• Positive Sentiment: New IBM research (with Ansys and DARPA) built a machine‑learning model for next‑generation chip design — a technical win that underscores IBM’s R&D leverage in AI and semiconductors. Why IBM’s New Machine-Learning Model Is a Big Deal for Next-Generation Chips
• Positive Sentiment: Market commentary highlights January 28 as a key catalyst — analysts are expecting solid Q4 results driven by consulting/AI services and a Z17 mainframe refresh, which could clarify 2026 guidance. Dear IBM Stock Fans, Mark Your Calendars for January 28
• Neutral Sentiment: Short-term market reaction: outlets reported IBM trading higher after upgrades (intra‑day moves reflect sentiment but not earnings outcomes). International Business Machines (NYSE:IBM) Trading 2.1% Higher After Analyst Upgrade
• Neutral Sentiment: Pre-earnings coverage is mixed: many pieces position IBM as a solid AI play but remind investors to weigh a premium multiple and competitive risks. IBM Q4 Earnings Loom: Buy, Sell or Hold the Stock Ahead of Results?
• Negative Sentiment: Some headlines note the stock has pulled back despite upgrades — a reminder that buy-side conviction varies and that elevated expectations can leave the stock vulnerable to any earnings miss. IBM Stock: Slides Even as Analysts Raise Targets Ahead of Earnings
• Negative Sentiment: Valuation and leverage are watch‑items: IBM trades at a premium P/E and carries meaningful debt (debt/equity ~1.97), which could amplify downside if growth stalls. IBM Stock: Slides Even as Analysts Raise Targets Ahead of Earnings

About International Business Machines

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.