Triumph Capital Management Sells 3,777 Shares of International Business Machines Corporation $IBM

Triumph Capital Management lowered its stake in shares of International Business Machines Corporation (NYSE:IBM) by 78.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 1,039 shares of the technology company’s stock after selling 3,777 shares during the quarter. Triumph Capital Management’s holdings in International Business Machines were worth $293,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in IBM. Mountain Hill Investment Partners Corp. acquired a new position in International Business Machines during the 3rd quarter worth approximately $28,000. SWAN Capital LLC acquired a new stake in International Business Machines in the third quarter valued at approximately $28,000. Trifecta Capital Advisors LLC grew its stake in International Business Machines by 129.1% in the third quarter. Trifecta Capital Advisors LLC now owns 126 shares of the technology company’s stock valued at $36,000 after acquiring an additional 71 shares during the period. American Wealth Advisors LLC bought a new stake in shares of International Business Machines during the third quarter valued at approximately $40,000. Finally, Davis Capital Management acquired a new position in shares of International Business Machines during the third quarter worth approximately $54,000. 58.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on IBM. BMO Capital Markets dropped their price objective on shares of International Business Machines from $350.00 to $290.00 and set a “market perform” rating on the stock in a research note on Thursday, March 19th. Bank of America upped their target price on International Business Machines from $315.00 to $335.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. UBS Group raised International Business Machines from a “sell” rating to a “neutral” rating and set a $236.00 price target for the company in a research report on Wednesday, February 25th. JPMorgan Chase & Co. cut their price objective on International Business Machines from $317.00 to $283.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 18th. Finally, Wall Street Zen downgraded International Business Machines from a “buy” rating to a “hold” rating in a research note on Sunday, January 11th. One research 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 company. Based on data from MarketBeat, International Business Machines has an average rating of “Moderate Buy” and an average target price of $314.60.

Insider Activity at International Business Machines

In other International Business Machines news, Director David N. Farr acquired 1,000 shares of International Business Machines stock in a transaction that occurred on Friday, January 30th. The stock was acquired at an average cost of $304.00 per share, for a total transaction of $304,000.00. Following the purchase, the director owned 9,258 shares of the company’s stock, valued at approximately $2,814,432. This represents a 12.11% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael Miebach bought 434 shares of the stock in a transaction on Wednesday, February 25th. The shares were acquired at an average cost of $233.33 per share, for a total transaction of $101,265.22. Following the acquisition, the director directly owned 434 shares in the company, valued at approximately $101,265.22. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders bought 1,484 shares of company stock worth $417,157. Insiders own 0.27% of the company’s stock.

International Business Machines Stock Up 2.7%

Shares of NYSE IBM opened at $248.38 on Tuesday. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.96 and a quick ratio of 0.92. The stock has a market capitalization of $232.98 billion, a PE ratio of 22.28, a P/E/G ratio of 2.42 and a beta of 0.73. International Business Machines Corporation has a one year low of $214.50 and a one year high of $324.90. The business’s fifty day moving average price is $270.58 and its 200-day moving average price is $285.09.

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

International Business Machines Announces Dividend

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

International Business Machines News Summary

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

• Positive Sentiment: High-visibility AI showcase — IBM launched new watsonx-powered fan experiences for the 90th Masters Tournament, demonstrating generative and agentic capabilities (conversational archives, real-time hole insights). The publicity and product proof-point likely supported buying interest. IBM Debuts New AI Enabled Digital Experiences for the 90th Masters Tournament
• Positive Sentiment: Market coverage cites AI/operational catalysts — multiple outlets noted IBM outpaced the market today and highlighted the Masters rollout and other AI narratives as reasons for the move, which can attract momentum buyers. Why IBM (IBM) Outpaced the Stock Market Today
• Positive Sentiment: Strategic tech alliances reinforce long-term growth story — coverage highlights IBM’s expanding partnerships across quantum, AI infrastructure (including NVIDIA), semiconductors and post-quantum services, positioning IBM in several secular themes investors care about. IBM Alliances Highlight Quantum And AI Upside For Undervalued Shares
• Positive Sentiment: Insider and institutional activity — data shows recent insider purchases and sizeable institutional position changes, which can signal confidence to some investors and support near-term demand. $IBM stock is up 3% today. Here’s what we see in our data.
• Neutral Sentiment: Index and sector positioning — articles note IBM’s movement in the Russell 1000 and how it tracks S&P 500 tech trends; index flows can add trading volume but are mixed for directional impact. IBM (NYSE:IBM) Moves in Russell 1000 on AI, Cloud Growth
• Neutral Sentiment: Product/ETF market structure note — a new set of single-stock leveraged ETFs that include IBM may increase short-term volume and volatility without changing fundamentals. Tradr Set to Launch Leveraged ETFs on AMZN, AAOI, HL and IBM
• Negative Sentiment: Execution and adaptation concerns remain — commentary cautions IBM has underperformed peers and faces skepticism about its speed of tech reinvention, a factor that can limit upside until sustained revenue/AI monetization proves out. Should You Buy IBM Stock on the Dip?
• Negative Sentiment: Partner uncertainty flagged via Kyndryl report — a Morgan Stanley note on Kyndryl highlights an evolving IBM–Kyndryl relationship and cautions around partner growth outlook, which introduces some indirect uncertainty for IBM-related services/revenue dynamics. Kyndryl: Limited Near-Term Upside Amid Uncertain Growth Outlook and Evolving IBM Partnership
• Negative Sentiment: Technical headwinds — IBM’s share price remains below its 50-day and 200-day moving averages, a signal some traders view as a short-term negative until momentum reverses.

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.