CapWealth Advisors LLC Decreases Stake in International Business Machines Corporation $IBM

CapWealth Advisors LLC cut its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 7.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 119,506 shares of the technology company’s stock after selling 10,311 shares during the period. International Business Machines makes up 2.3% of CapWealth Advisors LLC’s portfolio, making the stock its 11th biggest position. CapWealth Advisors LLC’s holdings in International Business Machines were worth $33,720,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Norges Bank purchased a new stake in shares of International Business Machines during the 2nd quarter valued at about $2,011,122,000. Vanguard Group Inc. boosted its holdings in International Business Machines by 2.1% in the second quarter. Vanguard Group Inc. now owns 95,051,475 shares of the technology company’s stock worth $28,019,274,000 after purchasing an additional 1,913,708 shares during the last quarter. Laurel Wealth Advisors LLC boosted its holdings in International Business Machines by 27,928.2% in the second quarter. Laurel Wealth Advisors LLC now owns 1,903,116 shares of the technology company’s stock worth $561,001,000 after purchasing an additional 1,896,326 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in International Business Machines in the 2nd quarter worth approximately $133,771,000. Finally, Franklin Resources Inc. raised its stake in International Business Machines by 45.8% during the 2nd quarter. Franklin Resources Inc. now owns 1,313,241 shares of the technology company’s stock valued at $387,118,000 after buying an additional 412,574 shares during the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.

International Business Machines Price Performance

Shares of NYSE:IBM opened at $297.51 on Thursday. The company has a market capitalization of $278.09 billion, a P/E ratio of 35.59, a P/E/G ratio of 2.82 and a beta of 0.70. International Business Machines Corporation has a 1-year low of $214.50 and a 1-year high of $324.90. The firm’s 50 day simple moving average is $302.58 and its two-hundred day simple moving average is $282.60. 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 (NYSE:IBM) last announced its quarterly earnings data on Wednesday, October 22nd. The technology company reported $2.65 EPS for the quarter, beating the consensus estimate of $2.45 by $0.20. The firm had revenue of $16.33 billion for the quarter, compared to the consensus estimate of $16.10 billion. International Business Machines had a net margin of 12.09% and a return on equity of 37.76%. The company’s revenue was up 9.1% on a year-over-year basis. During the same period last year, the firm earned $2.30 EPS. Research analysts expect that International Business Machines Corporation will post 10.78 EPS for the current fiscal year.

International Business Machines News Roundup

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

• Positive Sentiment: JPMorgan raised its price target to $312 (from $290) while keeping a neutral rating, signaling analyst confidence that leaves upside from current levels. Benzinga
• Positive Sentiment: DBS Bank upgraded IBM from Hold to Moderate Buy, adding to the wave of bullish analyst activity ahead of earnings. Zacks / American Banking News
• Positive Sentiment: Coverage highlights IBM’s push into enterprise AI (watsonx and new platform offerings), which investors view as a multi-year growth driver for software and services revenue. What International Business Machines (IBM)’s New Enterprise AI Platform Push Means For Shareholders
• Positive Sentiment: New collaborations — including an agentic AI tie-up with e& and watsonx digital experiences for the Grammys — reinforce IBM’s enterprise AI positioning and cross-industry go-to-market momentum. Zacks: Agentic AI Collaboration With e&
• Positive Sentiment: Investor narrative is shifting to “AI growth machine” as several analysts and commentators highlight faster AI-driven revenue mix and longer-term upside potential. Seeking Alpha: IBM Was ‘Boring’ – It’s Now An AI Growth Machine
• Neutral Sentiment: IBM is entering earnings week (report expected Jan. 28) with high expectations around Z17 mainframe sales, AI momentum and guidance clarity — a catalyst that could swing the stock either direction depending on execution and guidance. Barchart: Mark Your Calendars for January 28
• Neutral Sentiment: CEO Arvind Krishna discussed geopolitics, AI strategy and absorbing tariffs (not passing costs to clients), which speaks to pricing strategy and client retention but is not an immediate earnings surprise. YouTube: IBM CEO Arvind Krishna Interview
• Negative Sentiment: Despite analyst optimism, the stock has shown recent volatility and intraday slides, which some outlets flag as a warning that momentum can reverse quickly if earnings or guidance disappoint. IBM Stock Slides Even as Analysts Raise Targets Ahead of Earnings
• Negative Sentiment: Valuation and competition remain watchpoints — analysts note a premium multiple vs. peers and execution risk as IBM transitions its revenue mix to AI and cloud. Zacks: Q4 Earnings Loom

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Bank of America lifted their price objective on International Business Machines from $315.00 to $335.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Jefferies Financial Group upgraded International Business Machines from a “hold” rating to a “buy” rating and boosted their price target for the company from $300.00 to $360.00 in a research note on Monday, January 5th. Oppenheimer initiated coverage on shares of International Business Machines in a research note on Friday, November 21st. They issued an “outperform” rating and a $360.00 price objective on the stock. Dbs Bank raised shares of International Business Machines from a “hold” rating to a “moderate buy” rating in a report on Monday. Finally, UBS Group reaffirmed a “sell” rating on shares of International Business Machines in a report on Tuesday, December 9th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, International Business Machines has a consensus rating of “Moderate Buy” and a consensus price target of $306.86.

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.