TD Waterhouse Canada Inc. Boosts Stock Position in International Business Machines Corporation $IBM

TD Waterhouse Canada Inc. boosted its stake in shares of International Business Machines Corporation (NYSE:IBM) by 11.1% in the second quarter, Holdings Channel reports. The fund owned 131,314 shares of the technology company’s stock after purchasing an additional 13,169 shares during the period. TD Waterhouse Canada Inc.’s holdings in International Business Machines were worth $37,609,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC lifted its holdings in shares of International Business Machines by 12.4% during the fourth quarter. Brighton Jones LLC now owns 21,011 shares of the technology company’s stock worth $4,619,000 after purchasing an additional 2,323 shares during the period. Sivia Capital Partners LLC grew its position in International Business Machines by 10.6% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,938 shares of the technology company’s stock valued at $571,000 after buying an additional 186 shares during the last quarter. Jump Financial LLC acquired a new position in International Business Machines in the 2nd quarter valued at $211,000. Ieq Capital LLC raised its position in International Business Machines by 2.2% during the 2nd quarter. Ieq Capital LLC now owns 38,617 shares of the technology company’s stock worth $11,383,000 after buying an additional 843 shares during the last quarter. Finally, Vivaldi Capital Management LP lifted its stake in shares of International Business Machines by 11.6% in the 2nd quarter. Vivaldi Capital Management LP now owns 1,017 shares of the technology company’s stock worth $300,000 after acquiring an additional 106 shares during the period. 58.96% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on IBM. Wolfe Research lowered shares of International Business Machines to a “peer perform” rating in a research note on Tuesday, June 23rd. HSBC set a $175.00 target price on International Business Machines and gave the stock a “reduce” rating in a research report on Thursday, July 16th. Roth Capital reissued a “buy” rating on shares of International Business Machines in a research note on Wednesday, June 3rd. Barclays decreased their price target on International Business Machines from $288.00 to $262.00 and set an “overweight” rating on the stock in a research note on Thursday, July 23rd. Finally, Susquehanna dropped their price objective on International Business Machines from $303.00 to $225.00 and set a “neutral” rating on the stock in a report on Friday, July 24th. Sixteen investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $265.40.

International Business Machines Price Performance

Shares of NYSE:IBM opened at $231.06 on Tuesday. The firm has a market capitalization of $217.69 billion, a price-to-earnings ratio of 20.50, a price-to-earnings-growth ratio of 2.31 and a beta of 0.70. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.79 and a quick ratio of 0.74. The business’s 50 day simple moving average is $246.44 and its 200-day simple moving average is $249.98. International Business Machines Corporation has a 12 month low of $199.19 and a 12 month high of $332.46.

International Business Machines (NYSE:IBM) last released its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, meeting the consensus estimate of $2.93. The firm 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%.International Business Machines’s quarterly revenue was up 1.1% on a year-over-year basis. During the same period last year, the business posted $2.80 EPS. As a group, equities analysts forecast that International Business Machines Corporation will post 12.33 earnings per share for the current fiscal year.

International Business Machines Dividend Announcement

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

Key Stories Impacting International Business Machines

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

• Positive Sentiment: IBM announced a next-generation dual-architecture processor for future IBM Z and LinuxONE systems. The chip is designed to support both IBM and Arm platforms, potentially broadening software compatibility, expanding enterprise customer choice and strengthening IBM’s mainframe franchise. IBM Unveils Next Generation Dual-Architecture Processor for IBM Z and LinuxONE
• Positive Sentiment: The processor uses advanced technology, including Arm integration and a reported 2-nanometer design with performance reaching 5.7 GHz. Investors may view the development as evidence of continued innovation and a potential long-term growth catalyst. IBM Unveils Next Generation Dual-Architecture Processor for IBM Z and LinuxONE
• Positive Sentiment: IBM and the USTA introduced AI-powered features for the 2026 US Open, including personalized live updates, serve analysis, match insights and conversational tools. The initiative showcases IBM’s watsonx and AI capabilities to a large global audience and may support commercial AI credibility. IBM and the USTA Introduce New AI-Powered Fan Experiences for 2026 US Open
• Positive Sentiment: A report highlighted a new IBM quantum-computing milestone, reinforcing the company’s longer-term technology narrative, although the immediate revenue impact remains uncertain. IBM Just Hit a New Quantum Computing Milestone

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.