International Business Machines Corporation $IBM Shares Sold by RFG Advisory LLC

RFG Advisory LLC trimmed its stake in shares of International Business Machines Corporation (NYSE:IBM) by 23.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,386 shares of the technology company’s stock after selling 7,353 shares during the quarter. RFG Advisory LLC’s holdings in International Business Machines were worth $7,223,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in 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 worth $28,796,390,000 after purchasing an additional 1,439,824 shares during the period. Capital World Investors increased its position in shares of International Business Machines by 13.9% during the 3rd 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 increased its position in shares of International Business Machines by 2.5% during the 3rd 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 stake in shares of International Business Machines by 17.9% in the 3rd quarter. Amundi now owns 4,777,516 shares of the technology company’s stock worth $1,382,695,000 after buying an additional 725,191 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings 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 buying an additional 86,123 shares during the period. 58.96% of the stock is owned by institutional investors and hedge funds.

More International Business Machines News

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

• Positive Sentiment: IBM rolled out a broad set of enterprise AI and hybrid-cloud products at Think 2026 — including next‑gen watsonx Orchestrate (multi‑agent orchestration), IBM Confluent for real‑time data, IBM Concert for intelligent operations, and the general availability of IBM Sovereign Core — positioning IBM to capture enterprise AI demand and digital‑sovereignty spending. Think 2026: IBM Delivers the Blueprint
• Positive Sentiment: IBM Consulting expanded its Enterprise Advantage offerings to accelerate hybrid/regulated enterprise AI deployments and updated its internal IBM Consulting Advantage platform — moves that could drive higher‑margin consulting revenue and faster client deployments. IBM Consulting Expands AI Capabilities
• Positive Sentiment: IBM announced strategic partnerships and integrations (expanded AWS and SAP collaborations, and a LogicMonitor integration linking watsonx and Red Hat Ansible) that increase deployment flexibility and multi‑vendor appeal for enterprise customers. LogicMonitor Collaborates with IBM
• Positive Sentiment: IBM and Aramco signaled an intended collaboration to accelerate AI, agentic AI and materials/industrial innovation in Saudi Arabia — a meaningful commercial expansion in a large, capital‑intensive market. IBM and Aramco Explore Collaboration
• Positive Sentiment: Quantum milestone: IBM, Cleveland Clinic and RIKEN simulated a 12,635‑atom protein — the largest biologically meaningful molecule modeled on quantum hardware to date — underscoring IBM’s leadership and potential long‑term upside in quantum computing. Cleveland Clinic, RIKEN, and IBM Model a 12,635‑Atom Protein
• Positive Sentiment: HSBC upgraded IBM on its quantum business valuation, providing a near‑term analyst catalyst and positive framing for IBM’s longer‑term growth opportunities. HSBC Upgrade on IBM
• Neutral Sentiment: CEO Arvind Krishna urged a “Goldilocks” approach to AI regulation — a public policy stance that highlights regulatory risk as a factor investors must watch, but does not create an immediate operational impact. Krishna on AI Regulation
• Neutral Sentiment: Market reports cite IBM as a player in adjacent cybersecurity and smart‑grid markets, which supports TAM expansion but is background/long‑horizon rather than an immediate earnings driver. Smart Grid Cybersecurity Market Report

Wall Street Analyst Weigh In

Several research analysts recently weighed in on IBM shares. HSBC raised International Business Machines from a “reduce” rating to a “hold” rating and raised their target price for the company from $218.00 to $231.00 in a research note on Tuesday, April 28th. Oppenheimer cut their price target on shares of International Business Machines from $380.00 to $320.00 and set an “outperform” rating for the company in a report on Thursday, April 16th. JPMorgan Chase & Co. reduced their price objective on shares of International Business Machines from $317.00 to $283.00 and set a “neutral” rating for the company in a research report on Wednesday, March 18th. Jefferies Financial Group dropped their target price on shares of International Business Machines from $370.00 to $320.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Finally, Dbs Bank raised shares of International Business Machines from a “hold” rating to a “moderate buy” rating in a research note on Monday, January 19th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $296.18.

Insider Buying and Selling

In other International Business Machines news, Director Michael Miebach bought 434 shares of the stock in a transaction on Wednesday, February 25th. The shares were bought at an average price of $233.33 per share, with a total value of $101,265.22. Following the purchase, the director directly owned 434 shares in the company, valued at $101,265.22. The trade was a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.27% of the company’s stock.

International Business Machines Stock Down 0.2%

Shares of NYSE:IBM opened at $229.01 on Wednesday. The firm has a 50 day simple moving average of $242.95 and a 200 day simple moving average of $278.53. International Business Machines Corporation has a 52 week low of $220.72 and a 52 week high of $324.90. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.76 and a current ratio of 0.80. The company has a market cap of $215.24 billion, a PE ratio of 20.25, a price-to-earnings-growth ratio of 2.38 and a beta of 0.58.

International Business Machines (NYSE:IBM) last posted its quarterly earnings data on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.10. The firm had revenue of $15.92 billion for the quarter, compared to analysts’ expectations of $15.60 billion. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The company’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.60 EPS. As a group, research analysts expect that International Business Machines Corporation will post 12.38 earnings per share for the current year.

International Business Machines Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 8th will be given a dividend of $1.69 per share. 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. This represents a $6.76 annualized dividend and a yield of 3.0%. International Business Machines’s payout ratio is presently 59.42%.

International Business Machines 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.