International Business Machines Corporation $IBM Shares Purchased by Harmony Asset Management LLC

Harmony Asset Management LLC grew its holdings in International Business Machines Corporation (NYSE:IBM) by 234.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 17,759 shares of the technology company’s stock after buying an additional 12,446 shares during the quarter. International Business Machines makes up approximately 1.8% of Harmony Asset Management LLC’s investment portfolio, making the stock its 10th largest holding. Harmony Asset Management LLC’s holdings in International Business Machines were worth $5,260,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. raised its position in shares of International Business Machines by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 97,216,131 shares of the technology company’s stock valued at $28,796,390,000 after purchasing an additional 1,439,824 shares during the period. Capital World Investors raised its position in shares of International Business Machines by 13.9% in the third quarter. Capital World Investors now owns 17,045,156 shares of the technology company’s stock valued at $4,809,461,000 after purchasing an additional 2,077,506 shares during the period. Legal & General Group Plc raised its position in shares of International Business Machines by 2.5% in the third quarter. Legal & General Group Plc now owns 7,302,722 shares of the technology company’s stock valued at $2,060,536,000 after purchasing an additional 176,219 shares during the period. Amundi raised its position in shares of International Business Machines by 17.9% in the third quarter. Amundi now owns 4,777,516 shares of the technology company’s stock valued at $1,382,695,000 after purchasing an additional 725,191 shares during the period. Finally, Invesco Ltd. raised its position in shares of International Business Machines by 2.2% in the third quarter. Invesco Ltd. now owns 3,921,228 shares of the technology company’s stock valued at $1,106,414,000 after purchasing an additional 86,123 shares during the period. Institutional investors own 58.96% of the company’s stock.

Key Stories Impacting International Business Machines

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

• Positive Sentiment: IBM expanded its AI cybersecurity portfolio with autonomous security features, enterprise threat detection, and Red Hat integration, which could improve its enterprise software and security revenue outlook. IBM Expands AI Security Portfolio: Will It Drive Prospects?
• Positive Sentiment: IBM deepened its AI security push through an Anthropic partnership and Project Glasswing, positioning the company as a potential beneficiary of rising demand for secure AI infrastructure. IBM Expands AI Security With Anthropic Partnership And Open Source Focus
• Positive Sentiment: IBM’s latest earnings-call coverage highlighted AI-driven growth momentum, reinforcing the view that its AI and enterprise backlog strategy is still gaining traction. IBM Earnings Call Highlights AI-Driven Growth Momentum
• Neutral Sentiment: IBM launched its 2026 Sports Tech Startup Challenge, an innovation initiative that could create longer-term partnerships but is not likely to move the stock immediately. The Dealmaking 3: IBM’s AI Sports Challenge, Athletes for Hope & The $192B Sports Tech Boom
• Negative Sentiment: Despite the AI news flow, IBM has still faced weak technical momentum and broader concerns about its year-to-date weakness, which may be limiting upside in the near term. IBM Stock Leads Mega-Cap Stock Decliners as Market Volatility Triggers Steep Selloff. That Doesn’t Tell You the Whole Story.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on IBM. Evercore boosted their price target on shares of International Business Machines from $330.00 to $345.00 and gave the company an “outperform” rating in a research report on Thursday, January 29th. Citigroup began coverage on shares of International Business Machines in a research report on Friday, April 10th. They issued a “buy” rating and a $285.00 price target on the stock. Wedbush reissued an “outperform” rating and issued a $320.00 price target on shares of International Business Machines in a research report on Wednesday, May 6th. UBS Group raised shares of International Business Machines from a “sell” rating to a “neutral” rating and set a $236.00 target price on the stock in a report on Wednesday, February 25th. Finally, HSBC raised shares of International Business Machines from a “reduce” rating to a “hold” rating and upped their target price for the stock from $218.00 to $231.00 in a report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, International Business Machines has a consensus rating of “Moderate Buy” and a consensus price target of $294.41.

Insider Activity at International Business Machines

In related news, Director Michael Miebach purchased 434 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The shares were purchased at an average price of $233.33 per share, with a total value of $101,265.22. Following the acquisition, the director directly owned 434 shares of the company’s stock, valued at approximately $101,265.22. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.27% of the stock is owned by insiders.

International Business Machines Stock Performance

International Business Machines stock opened at $224.71 on Thursday. The firm’s 50 day simple moving average is $238.52 and its 200 day simple moving average is $272.95. The company has a current ratio of 0.80, a quick ratio of 0.76 and a debt-to-equity ratio of 1.75. The firm has a market capitalization of $211.20 billion, a PE ratio of 19.87, a price-to-earnings-growth ratio of 2.30 and a beta of 0.58. International Business Machines Corporation has a 1-year low of $212.34 and a 1-year high of $324.90.

International Business Machines (NYSE:IBM) last posted its earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.10. The business had revenue of $15.92 billion for the quarter, compared to analyst estimates of $15.60 billion. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. International Business Machines’s revenue was up 9.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.60 EPS. As a group, analysts expect that International Business Machines Corporation will post 12.4 earnings per share for the current fiscal year.

International Business Machines Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be issued a $1.69 dividend. This represents a $6.76 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, May 8th. This is a positive change from International Business Machines’s previous quarterly dividend of $1.68. International Business Machines’s payout ratio is currently 59.77%.

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.