Calamos Wealth Management LLC Purchases 3,589 Shares of International Business Machines Corporation $IBM

Calamos Wealth Management LLC grew its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 75.7% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,328 shares of the technology company’s stock after buying an additional 3,589 shares during the quarter. Calamos Wealth Management LLC’s holdings in International Business Machines were worth $2,350,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of IBM. Vanguard Group Inc. grew its position in International Business Machines by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 95,051,475 shares of the technology company’s stock valued at $28,019,274,000 after acquiring an additional 1,913,708 shares during the last quarter. State Street Corp boosted its stake in shares of International Business Machines by 0.3% during the second quarter. State Street Corp now owns 54,536,963 shares of the technology company’s stock valued at $16,076,406,000 after purchasing an additional 147,721 shares during the period. Geode Capital Management LLC grew its holdings in shares of International Business Machines by 1.9% in the second quarter. Geode Capital Management LLC now owns 21,936,235 shares of the technology company’s stock worth $6,444,527,000 after purchasing an additional 400,131 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in International Business Machines by 6.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,636,725 shares of the technology company’s stock valued at $2,147,608,000 after buying an additional 524,633 shares in the last quarter. Finally, Legal & General Group Plc boosted its position in International Business Machines by 3.4% in the 2nd quarter. Legal & General Group Plc now owns 7,126,503 shares of the technology company’s stock valued at $2,100,751,000 after buying an additional 234,318 shares during the period. 58.96% of the stock is currently owned by hedge funds and other institutional investors.

More International Business Machines News

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

• Positive Sentiment: Analysts and media highlight IBM’s AI progress and positioning as a 2025 AI leader, which supports expectations for revenue growth and multiple expansion. IBM Became an AI Powerhouse in 2025
• Positive Sentiment: High‑profile endorsements (Jim Cramer calling IBM “still cheap” / undervalued) can lift investor sentiment and attract bargain hunters. IBM Is Still Undervalued, According to Jim Cramer Jim Cramer on International Business Machines: “It’s Still Cheap”
• Positive Sentiment: Progress and strategy in quantum computing and enterprise partnerships (e.g., AI learning tools, diversified quantum roadmap) bolster IBM’s long‑term growth narrative vs. pure‑play rivals. 2026 Big Tech Quantum Bets: IBM and Amazon’s Edge Over Pure-Plays?
• Neutral Sentiment: Market commentary notes IBM fell more than the broader market on the latest trading session — useful for context but not necessarily driven by company fundamentals. IBM (IBM) Falls More Steeply Than Broader Market: What Investors Need to Know
• Negative Sentiment: The death of former CEO and turnaround architect Lou Gerstner has generated widespread coverage; while largely symbolic, it can create short‑term emotion‑driven selling or media focus away from corporate catalysts. Louis V. Gerstner, Who Revived a Faltering IBM in the ’90s, Dies at 83

Wall Street Analyst Weigh In

A number of equities analysts have commented on IBM shares. Erste Group Bank upgraded shares of International Business Machines from a “hold” rating to a “buy” rating in a research note on Friday, December 5th. Sanford C. Bernstein reissued a “market perform” rating on shares of International Business Machines in a research note on Wednesday, December 10th. Jefferies Financial Group lifted their target price on International Business Machines from $280.00 to $305.00 and gave the company a “hold” rating in a research report on Tuesday, October 21st. Stifel Nicolaus upped their target price on International Business Machines from $295.00 to $325.00 and gave the stock a “buy” rating in a report on Tuesday, December 9th. Finally, Morgan Stanley cut their price target on International Business Machines from $256.00 to $252.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $293.38.

International Business Machines Stock Down 1.2%

Shares of NYSE IBM opened at $302.06 on Wednesday. International Business Machines Corporation has a 12-month low of $214.50 and a 12-month high of $324.90. The stock’s fifty day simple moving average is $304.46 and its two-hundred day simple moving average is $281.21. The stock has a market capitalization of $282.35 billion, a PE ratio of 36.13, a price-to-earnings-growth ratio of 3.04 and a beta of 0.69. The company has a current ratio of 0.93, a quick ratio of 0.89 and a debt-to-equity ratio of 1.97.

International Business Machines (NYSE:IBM) last issued its quarterly earnings data on Wednesday, October 22nd. The technology company reported $2.65 earnings per share for the quarter, topping analysts’ consensus estimates of $2.45 by $0.20. International Business Machines had a return on equity of 37.76% and a net margin of 12.09%.The firm had revenue of $16.33 billion during the quarter, compared to analysts’ expectations of $16.10 billion. During the same period in the prior year, the business posted $2.30 EPS. The firm’s quarterly revenue was up 9.1% on a year-over-year basis. As a group, analysts expect that International Business Machines Corporation will post 10.78 EPS for the current fiscal year.

International Business Machines Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Monday, November 10th were paid a dividend of $1.68 per share. This represents a $6.72 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Monday, November 10th. International Business Machines’s payout ratio is 80.38%.

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.