Cullen Frost Bankers Inc. Buys 3,227 Shares of International Business Machines Corporation $IBM

Cullen Frost Bankers Inc. lifted its stake in International Business Machines Corporation (NYSE:IBM) by 3.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 88,856 shares of the technology company’s stock after buying an additional 3,227 shares during the period. Cullen Frost Bankers Inc.’s holdings in International Business Machines were worth $25,072,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IBM. Family CFO Inc bought a new stake in shares of International Business Machines during the second quarter valued at approximately $25,000. Winnow Wealth LLC bought a new stake in International Business Machines in the 2nd quarter valued at $27,000. Mountain Hill Investment Partners Corp. acquired a new position in shares of International Business Machines in the 3rd quarter valued at $28,000. Highline Wealth Partners LLC boosted its position in shares of International Business Machines by 85.0% during the 2nd quarter. Highline Wealth Partners LLC now owns 111 shares of the technology company’s stock valued at $33,000 after acquiring an additional 51 shares in the last quarter. Finally, Copia Wealth Management boosted its position in shares of International Business Machines by 57.6% during the 2nd quarter. Copia Wealth Management now owns 134 shares of the technology company’s stock valued at $40,000 after acquiring an additional 49 shares in the last quarter. 58.96% of the stock is currently owned by institutional investors.

International Business Machines Trading Down 0.8%

IBM opened at $292.43 on Friday. International Business Machines Corporation has a 1-year low of $214.50 and a 1-year high of $324.90. The stock has a market capitalization of $273.35 billion, a PE ratio of 34.98, a PEG ratio of 2.83 and a beta of 0.70. 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 firm has a 50-day moving average price of $302.13 and a two-hundred day moving average price of $282.63.

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

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. BMO Capital Markets lifted their price objective on International Business Machines from $300.00 to $305.00 and gave the company a “market perform” rating in a report on Thursday, October 23rd. Royal Bank Of Canada lifted their price objective on International Business Machines from $300.00 to $350.00 and gave the company an “outperform” rating in a report on Monday, January 5th. UBS Group restated a “sell” rating on shares of International Business Machines in a research note on Tuesday, December 9th. Sanford C. Bernstein reiterated a “market perform” rating on shares of International Business Machines in a research report on Wednesday, December 10th. Finally, Jefferies Financial Group upgraded shares of 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 report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, International Business Machines has a consensus rating of “Moderate Buy” and a consensus target price of $306.86.

Key International Business Machines News

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

• Positive Sentiment: JPMorgan and other analysts are bullish — a JPMorgan analyst said IBM’s stock is likely to rise, and other outlets report the stock trading higher following an analyst upgrade, providing near‑term buying interest ahead of earnings. International Business Machines (NYSE:IBM) Stock Price Expected to Rise Trading 2.1% Higher After Analyst Upgrade
• Positive Sentiment: Evercore ISI raised its price target to $330 and added IBM to a tactical outperform list — a clear signal that some brokers see upside from current levels. Evercore ISI raises IBM price target to $330
• Positive Sentiment: Jefferies reiterates a Buy and sees potential reacceleration in software growth heading into the print — this supports expectations for upward estimate revisions in 2026. IBM software growth seen reaccelerating ahead of earnings: Jefferies
• Positive Sentiment: Research and product catalysts: IBM’s new machine‑learning model for chip design (with Ansys and DARPA) is being touted as meaningful for next‑gen chips — a longer‑term tech differentiator tied to its AI strategy. Why IBM’s New Machine‑Learning Model Is a Big Deal
• Positive Sentiment: Multiple earnings previews (Seeking Alpha, Zacks, The Motley Fool) highlight stronger Q4 prospects driven by consulting (AI uptake, Microsoft partnership), software/watsonx tailwinds and the Confluent deal — these previews raise the odds of an upside surprise. IBM Q4 Earnings Preview Unlocking Q4 Potential of IBM
• Neutral Sentiment: Reminder: IBM’s earnings date is Jan. 28 — expectations are elevated, so the report could amplify volatility. Mark Your Calendars for January 28
• Neutral Sentiment: Analyst commentary and roundup pieces (CNBC/Benzinga, Yahoo) largely expect a solid quarter but differ on valuation timing — useful for positioning but not immediate catalysts. CNBC Final Trades
• Negative Sentiment: Short‑term price weakness: coverage notes and market pieces report the stock has slid recently despite higher targets — signaling profit‑taking and that upgrades aren’t fully translating into immediate gains. IBM Stock Slides Even as Analysts Raise Targets

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.