Dakota Wealth Management Trims Stake in International Business Machines Corporation $IBM

Dakota Wealth Management trimmed its position in shares of International Business Machines Corporation (NYSE:IBM) by 54.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 37,049 shares of the technology company’s stock after selling 43,802 shares during the quarter. Dakota Wealth Management’s holdings in International Business Machines were worth $10,454,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IBM. Winnow Wealth LLC purchased a new stake in International Business Machines in the second quarter worth $27,000. Mountain Hill Investment Partners Corp. bought a new stake in shares of International Business Machines during the 3rd quarter valued at $28,000. Trifecta Capital Advisors LLC grew its position in shares of International Business Machines by 129.1% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 126 shares of the technology company’s stock worth $36,000 after buying an additional 71 shares during the period. Legacy Wealth Managment LLC ID increased its stake in shares of International Business Machines by 48.5% in the 2nd quarter. Legacy Wealth Managment LLC ID now owns 147 shares of the technology company’s stock worth $43,000 after acquiring an additional 48 shares in the last quarter. Finally, Davis Capital Management purchased a new position in International Business Machines during the 3rd quarter valued at about $54,000. Hedge funds and other institutional investors own 58.96% of the company’s stock.

International Business Machines News Roundup

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

• Positive Sentiment: IBM is ramping U.S. entry-level hiring (plans to triple entry-level roles), which could support long-term talent and execution as it shifts more work to AI and cloud services. IBM Expands Entry-Level Hiring
• Positive Sentiment: Industry reports name IBM among leaders in healthcare financial analytics and other enterprise segments, highlighting ongoing addressable-market opportunities outside the COBOL/mainframe niche. Healthcare Financial Analytics Industry Report
• Positive Sentiment: Brokerage consensus remains skewed positive overall (consensus “Moderate Buy” in some summaries), meaning some analysts still see upside relative to current depressed prices. Consensus Recommendation
• Neutral Sentiment: Market context: the drop in IBM shares coincides with broader tech/software volatility and a rotation to defensive sectors — some commentators view deeper pullbacks as buying opportunities for select tech names. (Market commentary — no direct company action.)
• Neutral Sentiment: Analyst coverage and price targets remain mixed: several firms maintain buy/outperform views and high targets while at least one firm (UBS) is bearish, reflecting divergent views on IBM’s ability to defend legacy revenue vs. AI-driven growth. QuiverQuant Coverage
• Negative Sentiment: Anthropic’s Claude Code adding COBOL/legacy-code capabilities is the immediate catalyst: investors fear automation will reduce demand for costly, consultant-led COBOL modernization services that have supported IBM’s mainframe ecosystem. IBM’s stock heads for worst month in 34 years
• Negative Sentiment: News coverage reports a sharp intraday market cap loss and the steepest one-day decline in decades after Anthropic’s launch, amplifying panic selling and momentum pressure. Forbes: IBM Shares Plummet 13%
• Negative Sentiment: Mainstream outlets note the threat specifically to COBOL/mainframe work — a meaningful revenue niche for IBM — which increases near-term uncertainty about consulting and infrastructure services. CNBC: IBM is the latest AI casualty
• Negative Sentiment: Regional press highlights direct risk to IBM’s mainframe business from automated modernization tools, which could pressure services revenue and long-term margins if adoption is rapid. Financial Post: IBM shares plunge

International Business Machines Stock Down 13.4%

Shares of International Business Machines stock opened at $222.64 on Tuesday. International Business Machines Corporation has a twelve month low of $214.50 and a twelve month high of $324.90. 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 company’s 50 day moving average is $292.35 and its 200 day moving average is $284.26. The company has a market cap of $208.11 billion, a price-to-earnings ratio of 19.97, a price-to-earnings-growth ratio of 2.58 and a beta of 0.69.

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

International Business Machines Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 10th will be issued a $1.68 dividend. The ex-dividend date of this dividend is Tuesday, February 10th. This represents a $6.72 dividend on an annualized basis and a yield of 3.0%. International Business Machines’s dividend payout ratio is currently 60.27%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on IBM. Dbs Bank raised shares of International Business Machines from a “hold” rating to a “moderate buy” rating in a research note on Monday, January 19th. Argus set a $360.00 price objective on International Business Machines in a research report on Friday, January 30th. Oppenheimer set a $380.00 target price on International Business Machines and gave the stock an “outperform” rating in a report on Thursday, January 29th. Royal Bank Of Canada set a $361.00 target price on International Business Machines in a research note on Thursday, January 29th. Finally, Stifel Nicolaus lifted their price target on International Business Machines from $325.00 to $340.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $330.07.

Insider Transactions at International Business Machines

In other news, Director David N. Farr purchased 1,000 shares of the business’s stock in a transaction on Friday, January 30th. The stock was acquired at an average cost of $304.00 per share, for a total transaction of $304,000.00. Following the purchase, the director directly owned 9,258 shares in the company, valued at $2,814,432. This trade represents a 12.11% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.18% of the company’s stock.

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.