Generali Asset Management SPA SGR Lowers Position in International Business Machines Corporation $IBM

Generali Asset Management SPA SGR lowered its stake in shares of International Business Machines Corporation (NYSE:IBM) by 8.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 72,221 shares of the technology company’s stock after selling 6,928 shares during the quarter. Generali Asset Management SPA SGR’s holdings in International Business Machines were worth $20,378,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of IBM. Family CFO Inc purchased a new stake in shares of International Business Machines in the second quarter valued at about $25,000. Winnow Wealth LLC bought a new stake in shares of International Business Machines in the 2nd quarter worth approximately $27,000. Highline Wealth Partners LLC lifted its stake in International Business Machines by 85.0% in the second quarter. Highline Wealth Partners LLC now owns 111 shares of the technology company’s stock valued at $33,000 after purchasing an additional 51 shares during the last quarter. Silicon Valley Capital Partners grew its holdings in International Business Machines by 322.6% during the first quarter. Silicon Valley Capital Partners now owns 131 shares of the technology company’s stock valued at $32,000 after purchasing an additional 100 shares during the period. Finally, Copia Wealth Management grew its holdings in International Business Machines by 57.6% during the second quarter. Copia Wealth Management now owns 134 shares of the technology company’s stock valued at $40,000 after purchasing an additional 49 shares during the period. 58.96% of the stock is owned by hedge funds and other institutional investors.

International Business Machines Price Performance

International Business Machines stock opened at $296.07 on Friday. The company has a quick ratio of 0.89, a current ratio of 0.93 and a debt-to-equity ratio of 1.97. The business has a 50-day simple moving average of $304.87 and a 200 day simple moving average of $281.41. The stock has a market cap of $276.75 billion, a price-to-earnings ratio of 35.42, a PEG ratio of 2.95 and a beta of 0.70. International Business Machines Corporation has a 52 week low of $214.50 and a 52 week high of $324.90.

International Business Machines (NYSE:IBM) last announced its earnings results on Wednesday, October 22nd. The technology company reported $2.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.45 by $0.20. The business had revenue of $16.33 billion during the quarter, compared to analyst estimates of $16.10 billion. International Business Machines had a net margin of 12.09% and a return on equity of 37.76%. International Business Machines’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the previous year, the business posted $2.30 earnings per share. On average, research analysts forecast that International Business Machines Corporation will post 10.78 earnings per share for the current fiscal year.

International Business Machines Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Monday, November 10th were given a dividend of $1.68 per share. The ex-dividend date was Monday, November 10th. This represents a $6.72 dividend on an annualized basis and a yield of 2.3%. International Business Machines’s dividend payout ratio (DPR) is presently 80.38%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Erste Group Bank upgraded International Business Machines from a “hold” rating to a “buy” rating in a research note on Friday, December 5th. Jefferies Financial Group boosted their price objective on International Business Machines from $280.00 to $305.00 and gave the company a “hold” rating in a research note on Tuesday, October 21st. UBS Group reaffirmed a “sell” rating on shares of International Business Machines in a report on Tuesday, December 9th. Stifel Nicolaus increased their target price on shares of International Business Machines from $295.00 to $325.00 and gave the stock a “buy” rating in a research report on Tuesday, December 9th. Finally, BMO Capital Markets boosted their price target on shares of International Business Machines from $300.00 to $305.00 and gave the company a “market perform” rating in a research report on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $293.38.

Key International Business Machines News

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

• Positive Sentiment: Long-term bullish takes highlight IBM’s leadership in quantum computing — analysts and commentators point to IBM’s clear roadmap, R&D resources and enterprise positioning as reasons it could be one of the better quantum plays over the next decade. What Is One of the Best Quantum Computing Stocks to Own for the Next 10 Years?
• Positive Sentiment: Coverage of the quantum sector frames IBM as a lower-risk way to get quantum exposure because it pairs quantum R&D with a diversified, cash-generating legacy business — a point that supports longer-term investor confidence. (MarketBeat summary)
• Positive Sentiment: Sector pieces forecasting quantum and AI growth (including Zacks’ roundup) list IBM among the industry winners, reinforcing a durable growth narrative that can support higher valuation expectations over time. Quantum Investing in 2026: Hit the Jackpot With the Best 3 Stocks
• Neutral Sentiment: IBM published views on AI trends for 2026 (expecting smarter models vs. simply bigger ones); this supports strategy credibility but is a gradual, not immediate, catalyst. What Will AI Progress Look Like in 2026? IBM Gives Its Prediction
• Neutral Sentiment: Zacks’ analyst model changes are mixed: small upward tweaks to FY2026/FY2027 and Q4/Q3 2026 EPS, alongside a tiny cut to a later-quarter estimate — overall not a major revision but it adds nuance to near-term expectations. (Research-note summaries)
• Negative Sentiment: Wall Street reaction to IBM’s recent Confluent acquisition remains mixed; some analysts see strategic upside for enterprise generative AI, while others remain cautious — the divergence can pressure the stock as investors reassess integration risk and near-term costs. Wall Street Has a Mixed Opinion in International Business Machines (IBM), Here’s Why
• Negative Sentiment: Intraday market data shows IBM’s decline is large enough to weigh on passive funds (VOO noted IBM as a contributor to its drop), indicating broad-market selling pressure beyond company-specific fundamentals. VOO is down 0.4% today, on IBM stock price movement

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.