GRIMES & Co WEALTH MANAGEMENT LLC Has $5.67 Million Stake in International Business Machines Corporation $IBM

GRIMES & Co WEALTH MANAGEMENT LLC boosted its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 24.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,085 shares of the technology company’s stock after buying an additional 4,005 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in International Business Machines were worth $5,667,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Norges Bank bought a new position in International Business Machines during the second quarter worth about $2,011,122,000. Vanguard Group Inc. raised its holdings in shares of 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 worth $28,019,274,000 after buying an additional 1,913,708 shares in the last quarter. Laurel Wealth Advisors LLC lifted its position in shares of International Business Machines by 27,928.2% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,903,116 shares of the technology company’s stock worth $561,001,000 after buying an additional 1,896,326 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in International Business Machines in the 2nd quarter valued at $133,771,000. Finally, Franklin Resources Inc. grew its position in International Business Machines by 45.8% in the second quarter. Franklin Resources Inc. now owns 1,313,241 shares of the technology company’s stock valued at $387,118,000 after acquiring an additional 412,574 shares during the period. Institutional investors and hedge funds own 58.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on IBM. Wall Street Zen lowered shares of International Business Machines from a “buy” rating to a “hold” rating in a report on Sunday. Oppenheimer initiated coverage on shares of International Business Machines in a report on Friday, November 21st. They issued an “outperform” rating and a $360.00 price target for the company. BMO Capital Markets upped their price objective on International Business Machines from $300.00 to $305.00 and gave the stock a “market perform” rating in a report on Thursday, October 23rd. Sanford C. Bernstein reiterated a “market perform” rating on shares of International Business Machines in a research report on Wednesday, December 10th. Finally, Stifel Nicolaus upped their price target on International Business Machines from $295.00 to $325.00 and gave the company a “buy” rating in a research note on Tuesday, December 9th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $301.85.

International Business Machines Trading Up 2.6%

NYSE IBM opened at $312.08 on Tuesday. International Business Machines Corporation has a 12 month low of $214.50 and a 12 month high of $324.90. The stock has a 50-day simple moving average of $303.70 and a 200 day simple moving average of $282.04. The company has a current ratio of 0.93, a quick ratio of 0.89 and a debt-to-equity ratio of 1.97. The company has a market capitalization of $291.71 billion, a PE ratio of 37.33, a P/E/G ratio of 2.82 and a beta of 0.70.

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

International Business Machines Dividend Announcement

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

Trending Headlines about International Business Machines

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

• Positive Sentiment: Jim Cramer called IBM “still very inexpensive,” which tends to draw retail and momentum buying into names he highlights and supports the bullish sentiment around IBM today. Jim Cramer says International Business Machines is still very inexpensive
• Positive Sentiment: IBM expanded its edge AI push with Datavault AI using watsonx-powered zero-trust micro data centers — a concrete product/partner development that can help drive services revenue and differentiate IBM in enterprise AI deployments. IBM’s Edge AI Expansion With Datavault AI
• Positive Sentiment: IBM was singled out in a Wall Street dividend-stock roundup, reinforcing demand from income-focused investors who value IBM’s yield and buyback support. Top Wall Street analysts recommend these dividend stocks for consistent income
• Positive Sentiment: Market commentary noted IBM has outperformed broader returns recently, a momentum cue that can attract trend-following flows. IBM (IBM) Exceeds Market Returns: Some Facts to Consider
• Neutral Sentiment: Coverage points to diverging views on IBM’s strategic trajectory — bulls cite AI and services momentum, bears question execution and growth pacing; this creates potential volatility without a clear directional signal. Diverging Views Emerge on IBM’s Strategic Trajectory
• Neutral Sentiment: Broad industry news on quantum funding (National Quantum Initiative reauthorization) highlights sector tailwinds; the piece focuses on pure-play quantum names but suggests an environment that could indirectly benefit IBM’s quantum initiatives over time. Fiscal Reauthorization Act Fuels 2026 Quantum Growth
• Negative Sentiment: Wall Street Zen cut IBM’s rating to Hold, which can pressure the stock if other shops follow or if it reduces buy-side conviction among certain investors. International Business Machines (NYSE:IBM) Lowered to Hold Rating by Wall Street Zen

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.