Conning Inc. Increases Stock Position in International Business Machines Corporation $IBM

Conning Inc. lifted its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 2,312.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 124,821 shares of the technology company’s stock after purchasing an additional 119,648 shares during the period. International Business Machines comprises approximately 1.2% of Conning Inc.’s holdings, making the stock its 17th biggest holding. Conning Inc.’s holdings in International Business Machines were worth $35,219,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IBM. Family CFO Inc acquired a new stake in shares of International Business Machines during the second quarter valued at $25,000. Winnow Wealth LLC acquired a new stake in shares of International Business Machines during the 2nd quarter worth about $27,000. Mountain Hill Investment Partners Corp. acquired a new stake in shares of International Business Machines during the 3rd quarter worth about $28,000. Highline Wealth Partners LLC grew its holdings in shares of International Business Machines by 85.0% during the second quarter. Highline Wealth Partners LLC now owns 111 shares of the technology company’s stock worth $33,000 after buying an additional 51 shares in the last quarter. Finally, Copia Wealth Management lifted its stake in shares of 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 buying an additional 49 shares during the period. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Analyst Ratings Changes

IBM has been the subject of several recent analyst reports. BMO Capital Markets lifted their target price on shares of International Business Machines from $300.00 to $305.00 and gave the stock a “market perform” rating in a research note on Thursday, October 23rd. Weiss Ratings raised International Business Machines from a “hold (c+)” rating to a “buy (b)” rating in a research report on Saturday, October 25th. Erste Group Bank upgraded International Business Machines from a “hold” rating to a “buy” rating in a research report on Friday, December 5th. Morgan Stanley lowered their price target on International Business Machines from $256.00 to $252.00 and set an “equal weight” rating for the company in a report on Thursday, October 23rd. Finally, Wall Street Zen lowered shares of International Business Machines from a “buy” rating to a “hold” rating in a report on Sunday. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $303.38.

International Business Machines Stock Performance

Shares of NYSE:IBM opened at $308.61 on Thursday. The business has a 50-day moving average of $303.78 and a two-hundred day moving average of $282.32. The firm has a market capitalization of $288.47 billion, a PE ratio of 36.92, a P/E/G ratio of 2.82 and a beta of 0.70. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.93 and a quick ratio of 0.89. International Business Machines Corporation has a 12 month low of $214.50 and a 12 month high of $324.90.

International Business Machines (NYSE:IBM) last released its quarterly earnings data on Wednesday, October 22nd. The technology company reported $2.65 earnings per share for the quarter, beating the consensus estimate of $2.45 by $0.20. The business had revenue of $16.33 billion for the quarter, compared to analyst estimates 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 period in the previous year, the company posted $2.30 EPS. As a group, research analysts forecast that International Business Machines Corporation will post 10.78 earnings per share for the current year.

International Business Machines Announces Dividend

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

International Business Machines News Roundup

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

• Positive Sentiment: Bank of America raised its price target on IBM from $315 to $335 and kept a “buy” rating, giving the stock renewed upward momentum and signaling analyst confidence in IBM’s outlook and valuation. Benzinga: Bank of America price target raise
• Positive Sentiment: Confluent cleared a key U.S. antitrust hurdle tied to its deal with IBM — progress that reduces regulatory risk around the transaction and supports the strategic rationale for the acquisition. Confluent Clears Key U.S. Antitrust Hurdle in IBM Deal
• Positive Sentiment: IBM Vice Chairman Gary Cohn publicly expressed bullish views on the economy in a CNBC interview, which can lift sentiment for cyclical tech demand and enterprise IT spending that benefits IBM. I am bullish on the economy, says IBM Vice Chairman Gary Cohn
• Neutral Sentiment: IBM scheduled its Q4 2025 earnings call for Jan. 28, 2026 (5:00 p.m.). The upcoming report is a near-term catalyst — results and guidance will likely drive volatility and could validate recent analyst upgrades. IBM to Announce Fourth-Quarter 2025 Financial Results
• Neutral Sentiment: Market commentary shows IBM is trending among analysts with mixed short-term performance (weekly gain, monthly slip), indicating differing time-horizon views and near-term uncertainty. International Business Machines Stock Trending Among Analysts
• Neutral Sentiment: Analyst insight pieces and broader tech-investment themes (AI/defense/quantum) reference leaders like NVDA and competition in AI — these frames affect sector multiples and investor rotation but aren’t IBM-specific catalysts. AI, Defense & Quantum Drive 2026 Investment: NVDA and 2 More to Lead
• Negative Sentiment: A Zacks comparison argued Microsoft (MSFT) is a better buy given a stronger AI edge and growth outlook, which can pressure IBM’s multiple as investors favor higher-growth AI leaders over value/transition stories. IBM vs. MSFT: Which Cloud & AI Tech Giant is a Better Buy?
• Neutral Sentiment: Recent analyst write-ups (e.g., Globe and Mail) provide mixed insights on IBM’s business lines, contributing context but not a clear directional push. Analysts Offer Insights on Technology Companies: IBM and Lattice Semiconductor

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.