International Business Machines Corporation $IBM Shares Sold by Hoey Investments Inc.

Hoey Investments Inc. lessened its holdings in International Business Machines Corporation (NYSE:IBM) by 97.2% in the third quarter, HoldingsChannel.com reports. The firm owned 185 shares of the technology company’s stock after selling 6,477 shares during the period. Hoey Investments Inc.’s holdings in International Business Machines were worth $41,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Assetmark Inc. lifted its holdings in shares of International Business Machines by 24.8% in the 1st quarter. Assetmark Inc. now owns 64,458 shares of the technology company’s stock worth $15,624,000 after purchasing an additional 12,791 shares during the last quarter. Flputnam Investment Management Co. bought a new position in International Business Machines during the 2nd quarter worth $15,237,000. Beacon Investment Advisory Services Inc. grew its stake in International Business Machines by 939.4% during the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 30,495 shares of the technology company’s stock worth $8,575,000 after buying an additional 27,561 shares during the last quarter. St. Louis Financial Planners Asset Management LLC increased its position in International Business Machines by 34.6% in the second quarter. St. Louis Financial Planners Asset Management LLC now owns 14,234 shares of the technology company’s stock worth $4,121,000 after buying an additional 3,659 shares during the period. Finally, Evercore Wealth Management LLC increased its position in International Business Machines by 9.0% in the first quarter. Evercore Wealth Management LLC now owns 62,801 shares of the technology company’s stock worth $15,222,000 after buying an additional 5,196 shares during the period. Institutional investors own 58.96% of the company’s stock.

Analyst Upgrades and Downgrades

IBM has been the subject of several recent research reports. The Goldman Sachs Group restated a “buy” rating and set a $300.00 price target on shares of International Business Machines in a research report on Thursday, October 22nd. Daiwa Securities Group cut their price objective on shares of International Business Machines from $247.00 to $217.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 29th. Barclays boosted their target price on shares of International Business Machines from $262.00 to $277.00 and gave the company an “overweight” rating in a research note on Thursday, October 22nd. Wall Street Zen upgraded shares of International Business Machines from a “sell” rating to a “hold” rating in a research report on Saturday, October 24th. Finally, UBS Group raised their price target on shares of International Business Machines from $236.00 to $243.00 and gave the company a “neutral” rating in a research note on Thursday, October 22nd. Nineteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $266.12.

Insider Buying and Selling

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the company’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 value of $5,758,000.00. Following the transaction, the senior vice president owned 47,800 shares in the company, valued at approximately $11,009,296. This represents a 34.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.27% of the company’s stock.

International Business Machines Stock Down 0.2%

IBM stock opened at $257.80 on Friday. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.85 and a quick ratio of 0.80. The firm has a market capitalization of $243.65 billion, a P/E ratio of 21.98, a P/E/G ratio of 2.54 and a beta of 0.73. International Business Machines Corporation has a 52-week low of $199.19 and a 52-week high of $332.46. The company’s 50 day simple moving average is $235.17 and its 200-day simple moving average is $249.93.

International Business Machines (NYSE:IBM) last posted its quarterly earnings data on Wednesday, October 21st. The technology company reported $2.95 EPS for the quarter, topping analysts’ consensus estimates of $2.85 by $0.10. International Business Machines had a net margin of 15.99% and a return on equity of 34.37%. The firm had revenue of $17.10 billion during the quarter, compared to analyst estimates of $16.82 billion. During the same quarter last year, the business posted $2.65 EPS. The company’s revenue was up 4.7% on a year-over-year basis. As a group, equities research analysts anticipate that International Business Machines Corporation will post 12.41 EPS for the current year.

International Business Machines Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Tuesday, November 10th will be issued a dividend of $1.69 per share. This represents a $6.76 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Tuesday, November 10th. International Business Machines’s dividend payout ratio (DPR) is currently 57.63%.

Key International Business Machines News

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

• Positive Sentiment: IBM introduced new AI-agent security controls that combine HashiCorp Vault, Agent Identity, and watsonx Orchestrate. The tools provide centralized governance, least-privilege access, real-time credential revocation, and sandboxed execution across hybrid-cloud environments, potentially strengthening IBM’s position in enterprise AI security. IBM Debuts AI Agent Security Controls For Hybrid Cloud
• Positive Sentiment: Analysts and commentators highlighted improving momentum in IBM’s software business, including its hybrid-cloud and enterprise infrastructure operations. IBM’s approximately $12 billion in free cash flow may support continued investment and shareholder returns. IBM’s Software Business Is Picking Up Speed
• Neutral Sentiment: Research reports project strong growth in service virtualization, edge computing, configuration-management systems, SMB IT spending, and battery-warranty analytics—markets in which IBM is listed as a participant. The reports indicate long-term addressable-market opportunities but do not represent new contracts or revenue guidance for IBM. Configuration Management Systems Global Strategic Business Report
• Neutral Sentiment: IBM’s opposition to blockchain-based stock trading reflects concerns about tokenized-market structures, but the issue appears unlikely to materially affect near-term financial results. Why Oracle, Intel, and IBM Are Saying No to Blockchain-Based Stock Trading
• Negative Sentiment: Concerns about IBM’s debt load and whether its long record of dividend increases can continue are weighing on the investment case. The stock’s decline during 2026 has made the dividend more attractive, but also highlights balance-sheet and payout sustainability risks. IBM Stock Is Down 13% in 2026. Is Its Dividend Still Safe?

International Business Machines Company Profile

International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology and consulting company that helps organizations modernize their information technology and business operations. Its offerings include hybrid cloud solutions, artificial intelligence software and services, enterprise software, IT infrastructure, cybersecurity, data analytics, and technology consulting.

IBM provides products and services to businesses, governments, and other institutions across industries and regions worldwide.