International Business Machines Corporation $IBM Shares Purchased by Wedbush Fund Advisers LLC

Wedbush Fund Advisers LLC lifted its position in shares of International Business Machines Corporation (NYSE:IBMFree Report) by 11.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 144,737 shares of the technology company’s stock after acquiring an additional 14,765 shares during the quarter. International Business Machines accounts for about 3.6% of Wedbush Fund Advisers LLC’s holdings, making the stock its 14th biggest position. Wedbush Fund Advisers LLC’s holdings in International Business Machines were worth $40,701,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Basepoint Wealth LLC acquired a new position in shares of International Business Machines during the 4th quarter worth $25,000. Portus Wealth Advisors LLC purchased a new stake in shares of International Business Machines in the first quarter valued at about $26,000. Harborfront Financial Group LLC purchased a new position in shares of International Business Machines during the 2nd quarter worth approximately $27,000. Cornerstone Financial Management LLC acquired a new position in shares of International Business Machines during the 4th quarter worth approximately $28,000. Finally, Hara Capital LLC acquired a new stake in International Business Machines during the 2nd quarter valued at $28,000. 58.96% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the completion of the sale, the senior vice president directly owned 47,800 shares in the company, valued at $11,009,296. The trade was a 34.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.27% of the stock is currently owned by company insiders.

Key Stories Impacting International Business Machines

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

  • Positive Sentiment: IBM, Cleveland Clinic and Japan’s RIKEN advanced to the finals for the 2026 ACM Gordon Bell Prize after using quantum and classical computing to model a 12,635-atom protein. The achievement highlights IBM’s potential in quantum-centric supercomputing and life-sciences research. Cleveland Clinic, RIKEN and IBM Team Advance to Finals for 2026 ACM Gordon Bell Prize
  • Positive Sentiment: An Evercore ISI analyst argued that IBM’s quantum-computing initiatives are effectively being valued at little or nothing in the current stock price, suggesting potential upside if the technology advances commercially. Is IBM’s selloff an opportunity? Here’s one case for the beaten-down stock.
  • Neutral Sentiment: IBM shares were reported slightly higher ahead of the latest session, but the update offered no new fundamental catalyst. A separate comparison of IBM and Applied Digital focused on financial metrics rather than a specific IBM business development. IBM stock heads into the open after a 0.08 percent gain
  • Negative Sentiment: The main pressure remains concern over a slowdown in IBM Z product activity. The resulting selloff prompted a securities-law investigation announcement, reinforcing investor worries about demand and execution in IBM’s core infrastructure business. IBM Shares Fall Following IBM Z Product Slowdown
  • Negative Sentiment: Evercore warned that capital moving into anticipated AI initial public offerings could lead investors to sell existing holdings, placing IBM among stocks vulnerable to portfolio rotation. Evercore Warns AI IPOs Could Pressure IBM

International Business Machines Price Performance

International Business Machines stock opened at $232.02 on Wednesday. International Business Machines Corporation has a 1 year low of $199.19 and a 1 year high of $332.46. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.74 and a current ratio of 0.79. The firm has a 50 day moving average price of $239.81 and a 200 day moving average price of $246.65. The company has a market cap of $218.59 billion, a price-to-earnings ratio of 20.59, a PEG ratio of 2.24 and a beta of 0.71.

International Business Machines (NYSE:IBMGet Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.93. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The company had revenue of $17.16 billion during the quarter, compared to analysts’ expectations of $17.46 billion. During the same period in the previous year, the company earned $2.80 EPS. The business’s quarterly revenue was up 1.1% compared to the same quarter last year. Sell-side analysts predict that International Business Machines Corporation will post 12.33 earnings per share for the current year.

International Business Machines Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be issued a $1.69 dividend. The ex-dividend date is Monday, August 10th. This represents a $6.76 annualized dividend and a yield of 2.9%. International Business Machines’s dividend payout ratio (DPR) is presently 59.98%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on IBM. Bank of America lifted their price objective on International Business Machines from $315.00 to $330.00 and gave the stock a “buy” rating in a research report on Monday, July 6th. HSBC set a $175.00 price target on shares of International Business Machines and gave the stock a “reduce” rating in a research note on Thursday, July 16th. Stifel Nicolaus reduced their price objective on shares of International Business Machines from $290.00 to $235.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. Oppenheimer cut shares of International Business Machines from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 15th. Finally, KeyCorp lowered International Business Machines to a “sector weight” rating in a research note on Tuesday, June 23rd. Sixteen analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $265.90.

View Our Latest Stock Report on International Business Machines

International Business Machines Company Profile

(Free Report)

International Business Machines Corporation (IBM) is a global technology and consulting company that provides enterprise-focused hardware, software and services. Its offerings include hybrid cloud solutions, artificial intelligence, data and automation software, cybersecurity tools, IT infrastructure and technology consulting.

IBM develops and supports enterprise systems such as IBM Z mainframes, Power servers and storage products. Its software portfolio includes Red Hat hybrid cloud technologies, the watsonx platform for artificial intelligence and data management, application integration tools and cybersecurity solutions.

Further Reading

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Institutional Ownership by Quarter for International Business Machines (NYSE:IBM)

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