International Business Machines Corporation $IBM is Pettee Investors Inc.’s 8th Largest Position

Pettee Investors Inc. increased its holdings in International Business Machines Corporation (NYSE:IBM) by 14.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,933 shares of the technology company’s stock after buying an additional 2,114 shares during the period. International Business Machines comprises about 2.6% of Pettee Investors Inc.’s holdings, making the stock its 8th largest position. Pettee Investors Inc.’s holdings in International Business Machines were worth $4,778,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Winnow Wealth LLC purchased a new stake in International Business Machines in the 2nd quarter valued at about $27,000. Mountain Hill Investment Partners Corp. acquired a new stake in shares of International Business Machines in the third quarter worth $28,000. Trifecta Capital Advisors LLC raised its position in International Business Machines by 129.1% in the third quarter. Trifecta Capital Advisors LLC now owns 126 shares of the technology company’s stock valued at $36,000 after purchasing an additional 71 shares during the period. Copia Wealth Management lifted its position in International Business Machines by 57.6% during the 2nd quarter. Copia Wealth Management now owns 134 shares of the technology company’s stock worth $40,000 after acquiring an additional 49 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID lifted its position in shares of International Business Machines by 48.5% during the second quarter. Legacy Wealth Managment LLC ID now owns 147 shares of the technology company’s stock worth $43,000 after purchasing an additional 48 shares in the last quarter. 58.96% of the stock is owned by institutional investors and hedge funds.

Insider Activity at International Business Machines

In other news, Director David N. Farr purchased 1,000 shares of the stock in a transaction dated Friday, January 30th. The stock was acquired at an average price of $304.00 per share, for a total transaction of $304,000.00. Following the completion of the transaction, the director owned 9,258 shares of the company’s stock, valued at approximately $2,814,432. The trade was a 12.11% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.18% of the company’s stock.

International Business Machines Stock Performance

Shares of NYSE IBM opened at $314.56 on Tuesday. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 1.67. The firm’s 50-day moving average price is $303.05 and its two-hundred day moving average price is $283.38. International Business Machines Corporation has a 52-week low of $214.50 and a 52-week high of $324.90. The stock has a market capitalization of $294.03 billion, a P/E ratio of 28.21, a P/E/G ratio of 3.08 and a beta of 0.69.

International Business Machines (NYSE:IBM) last posted its earnings results on Wednesday, January 28th. The technology company reported $4.52 EPS for the quarter, beating the consensus estimate of $4.33 by $0.19. The company had revenue of $19.69 billion during the quarter, compared to analyst estimates of $19.23 billion. International Business Machines had a return on equity of 38.15% and a net margin of 15.69%.The business’s revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the company earned $3.92 earnings per share. As a group, sell-side analysts forecast that International Business Machines Corporation will post 10.78 earnings per share for the current year.

International Business Machines Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 10th will be issued a dividend of $1.68 per share. The ex-dividend date of this dividend is Tuesday, February 10th. This represents a $6.72 annualized dividend and a dividend yield of 2.1%. International Business Machines’s payout ratio is 60.27%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on IBM. Oppenheimer set a $380.00 target price on International Business Machines and gave the company an “outperform” rating in a research note on Thursday. Wall Street Zen downgraded International Business Machines from a “buy” rating to a “hold” rating in a research note on Sunday, January 11th. UBS Group set a $317.00 price objective on International Business Machines in a report on Thursday. Royal Bank Of Canada set a $361.00 target price on International Business Machines in a report on Thursday. Finally, Morgan Stanley set a $304.00 target price on International Business Machines in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, International Business Machines presently has an average rating of “Moderate Buy” and an average target price of $330.07.

International Business Machines News Roundup

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

• Positive Sentiment: IBM emphasizes enterprise AI and added PepsiCo’s chief to its board, reinforcing strategy and corporate governance as it pushes deeper into high-margin AI services. IBM Deepens Enterprise AI Push As Board Adds PepsiCo Chief
• Positive Sentiment: Markets are rewarding IBM’s recent quarterly beat and “robust” results, which underpin the view that AI-related revenue growth is accelerating. IBM Shares Surge on Robust Quarterly Performance
• Positive Sentiment: Analysts and price targets are trending higher (Stifel raised its target; a separate report noted a $345 target), supporting upside expectations. Why Stifel Says IBM Remains a Top Large-Cap Defensive AI Stock Price Target Raised to $345.00
• Positive Sentiment: High-profile bullish commentary (Jim Cramer and others) frames IBM as an undervalued, large-cap AI play, which can attract retail and momentum flows. Jim Cramer Says “IBM’s the Rare AI Winner…”
• Positive Sentiment: Insider buying (David Farr purchased shares) signals some confidence from within the company’s leadership circle. David Farr Acquires 1,000 Shares
• Neutral Sentiment: QuiverQuant data shows heavy institutional interest and mixed hedge‑fund moves, plus a range of analyst ratings—evidence of active repositioning rather than consensus direction. Quiver Quantitative IBM Data
• Neutral Sentiment: IBM won a UK defence deal to consolidate legacy systems into an AI platform — a meaningful government contract that supports long-term revenue visibility but will play out over time. Zacks: Federal Contracts and Growth
• Neutral Sentiment: Coverage on IBM’s role in quantum computing and ecosystem partnerships highlights longer-term optionality but is not an immediate earnings driver. TipRanks: Quantum Computing News
• Neutral Sentiment: Smaller ecosystem news (e.g., partnerships using IBM-based systems) supports platform adoption but has limited direct impact on IBM’s near-term revenue. Benzinga: Fusemachines Partnership

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.