V. M. Manning & CO. Inc. Makes New Investment in International Business Machines Corporation $IBM

V. M. Manning & CO. Inc. purchased a new stake in shares of International Business Machines Corporation (NYSE:IBM) during the second quarter, HoldingsChannel.com reports. The institutional investor purchased 2,598 shares of the technology company’s stock, valued at approximately $731,000. International Business Machines makes up about 0.6% of V. M. Manning & CO. Inc.’s investment portfolio, making the stock its 28th biggest position.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in International Business Machines by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 97,216,131 shares of the technology company’s stock worth $28,796,390,000 after acquiring an additional 1,439,824 shares during the period. State Street Corp lifted its holdings in International Business Machines by 1.0% in the fourth quarter. State Street Corp now owns 54,996,293 shares of the technology company’s stock worth $16,290,452,000 after purchasing an additional 518,321 shares during the period. Geode Capital Management LLC increased its stake in International Business Machines by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 22,605,083 shares of the technology company’s stock valued at $6,679,105,000 after buying an additional 336,069 shares during the period. Capital World Investors increased its stake in International Business Machines by 29.2% during the 4th quarter. Capital World Investors now owns 22,021,912 shares of the technology company’s stock valued at $6,523,720,000 after buying an additional 4,976,756 shares during the period. Finally, Bank of America Corp DE raised its position in shares of International Business Machines by 7.0% during the 1st quarter. Bank of America Corp DE now owns 16,063,653 shares of the technology company’s stock worth $3,893,669,000 after buying an additional 1,049,602 shares in the last quarter. 58.96% of the stock is owned by institutional investors.

More International Business Machines News

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

• Positive Sentiment: IBM signed a multiyear, $240 million agreement with Together AI to build a large-scale AI inference cluster on IBM Cloud using NVIDIA HGX B300 systems and Spectrum-X networking. The platform is expected to be available in the first quarter of 2027 and could strengthen IBM’s position in enterprise AI and the emerging “neocloud” market. Together AI said demand is strong enough that the capacity could sell out before launch. IBM, Together AI ink $240 million deal for Nvidia-powered AI inference cluster
• Positive Sentiment: TD SYNNEX is expanding IBM distribution into 20 additional countries across Europe, Asia-Pacific and Latin America. The broader partner channel may improve IBM’s global reach and support sales of its infrastructure, software and services. TD SYNNEX Expands IBM Distribution to Accelerate Partner-Led Growth Worldwide
• Neutral Sentiment: IBM’s chief executive indicated that quantum computing could begin making a measurable contribution to revenue and earnings later in the decade. The opportunity supports IBM’s long-term technology narrative, but the delayed financial impact limits its importance to current results. This is when IBM’s CEO says quantum computing could start to have a measurable impact on its bottom line
• Negative Sentiment: Commentary remains cautious about whether IBM’s AI investments will generate sufficient returns. The $240 million contract is strategically significant, but analysts and investors may view it as modest relative to the capital being committed across the AI industry and IBM’s overall revenue base. IBM Landed A $240M AI Deal. Is That Enough?
• Negative Sentiment: Two securities law firms announced investigations tied to the reported 25% selloff following management’s preview of weak second-quarter 2026 results. These announcements do not establish wrongdoing, but they add reputational and potential litigation overhang after the sharp decline. IBM $68 Billion Wipeout Amid Z Shortfall Triggers Investigation
• Negative Sentiment: IBM also completed a roughly CAD 997 million bond offering carrying a 4.75% coupon and maturing in 2034. The financing supports liquidity, but adds to leverage and interest expense concerns at a time when investors are focused on improving organic growth.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on IBM shares. KeyCorp cut shares of International Business Machines to a “sector weight” rating in a report on Tuesday, June 23rd. Oppenheimer cut International Business Machines from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 15th. Wolfe Research downgraded International Business Machines to a “peer perform” rating in a research report on Tuesday, June 23rd. Citigroup dropped their price objective on International Business Machines from $255.00 to $245.00 and set a “buy” rating on the stock in a research note on Friday, July 24th. Finally, Bank of America upped their price objective on International Business Machines from $315.00 to $330.00 and gave the company a “buy” rating in a report on Monday, July 6th. Fifteen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $265.40.

International Business Machines Trading Down 1.0%

International Business Machines stock opened at $235.96 on Thursday. 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 market cap of $222.30 billion, a price-to-earnings ratio of 20.94, a price-to-earnings-growth ratio of 2.34 and a beta of 0.70. International Business Machines Corporation has a 1 year low of $199.19 and a 1 year high of $332.46. The firm’s 50 day moving average price is $253.69 and its two-hundred day moving average price is $253.72.

International Business Machines (NYSE:IBM) last announced its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 EPS for the quarter, meeting analysts’ consensus estimates of $2.93. The company had revenue of $17.16 billion during the quarter, compared to the consensus estimate of $17.46 billion. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The company’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.80 EPS. On average, research analysts predict that International Business Machines Corporation will post 12.33 EPS for the current fiscal year.

International Business Machines Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be given a dividend of $1.69 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.9%. International Business Machines’s payout ratio is 59.98%.

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.