Clear Trail Advisors LLC Makes New Investment in International Business Machines Corporation $IBM

Clear Trail Advisors LLC bought a new stake in International Business Machines Corporation (NYSE:IBM) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 13,599 shares of the technology company’s stock, valued at approximately $4,028,000.

A number of other institutional investors also recently added to or reduced their stakes in IBM. Vanguard Group Inc. raised its stake in shares of International Business Machines by 0.8% during the third quarter. Vanguard Group Inc. now owns 95,776,307 shares of the technology company’s stock valued at $27,024,243,000 after purchasing an additional 724,832 shares in the last quarter. State Street Corp grew its position in International Business Machines by 0.3% in the 2nd quarter. State Street Corp now owns 54,536,963 shares of the technology company’s stock valued at $16,076,406,000 after buying an additional 147,721 shares in the last quarter. Capital World Investors increased its stake in International Business Machines by 13.9% during the 3rd quarter. Capital World Investors now owns 17,045,156 shares of the technology company’s stock valued at $4,809,461,000 after buying an additional 2,077,506 shares during the period. Legal & General Group Plc increased its stake in International Business Machines by 2.5% during the 3rd quarter. Legal & General Group Plc now owns 7,302,722 shares of the technology company’s stock valued at $2,060,536,000 after buying an additional 176,219 shares during the period. Finally, Norges Bank bought a new stake in shares of International Business Machines during the 2nd quarter worth about $2,011,122,000. Institutional investors and hedge funds own 58.96% of the company’s stock.

Insider Buying and Selling at International Business Machines

In other news, Director David N. Farr acquired 1,000 shares of the firm’s stock in a transaction that occurred on Friday, January 30th. The stock was acquired at an average cost of $304.00 per share, with a total value of $304,000.00. Following the acquisition, the director owned 9,258 shares in the company, valued at approximately $2,814,432. This represents a 12.11% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael Miebach purchased 434 shares of the firm’s stock in a transaction on Wednesday, February 25th. The shares were purchased at an average price of $233.33 per share, with a total value of $101,265.22. Following the completion of the acquisition, the director directly owned 434 shares of the company’s stock, valued at approximately $101,265.22. This trade represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired 1,484 shares of company stock worth $417,157 over the last three months. Company insiders own 0.27% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on IBM shares. JPMorgan Chase & Co. cut their target price on International Business Machines from $317.00 to $283.00 and set a “neutral” rating for the company in a research report on Wednesday, March 18th. Bank of America lifted their price target on International Business Machines from $315.00 to $335.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. Wall Street Zen lowered International Business Machines from a “buy” rating to a “hold” rating in a report on Sunday, January 11th. Oppenheimer set a $380.00 target price on International Business Machines and gave the company an “outperform” rating in a research note on Thursday, January 29th. Finally, Dbs Bank raised International Business Machines from a “hold” rating to a “moderate buy” rating in a report on Monday, January 19th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $314.60.

Key Stories Impacting International Business Machines

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

• Positive Sentiment: Analysts and market-watchers cited reasons IBM outpaced the broader market today, pointing to company-specific catalysts that helped lift the stock. Why IBM Outpaced the Stock Market Today
• Positive Sentiment: IBM announced new watsonx-powered, AI-enabled digital fan features for the 90th Masters Tournament — a high-visibility commercial showcase of its generative AI capabilities and long-running partnership that can help win customer mindshare. IBM Debuts New AI Enabled Digital Experiences for the 90th Masters Tournament
• Positive Sentiment: Coverage highlighting IBM’s alliances (quantum/AI/NVIDIA, Lam Research semiconductor work, and post-quantum advisory services) frames the stock as having meaningful upside across AI infrastructure and quantum computing — strategic narratives investors favor for long-term growth. IBM Alliances Highlight Quantum And AI Upside For Undervalued Shares
• Positive Sentiment: Data shows recent insider purchases and large institutional rebalances (some adding shares) plus a median analyst target well above current levels — these flows and positive analyst convictions support upward pressure. $IBM stock is up 3% today. Here’s what we see in our data.
• Neutral Sentiment: ETF issuer Tradr plans single-stock leveraged ETFs tied to IBM, which could boost intraday volume and volatility but doesn’t change fundamentals. Traders should expect larger flows and potential short-term swings. Tradr Set to Launch Leveraged ETFs on AMZN, AAOI, HL and IBM
• Neutral Sentiment: Coverage noting IBM’s stock is tracking S&P 500 and Russell 1000 trends suggests some performance simply reflects index flows rather than company-specific news. International Business Machines Shares Track S&P 500 Trends IBM Moves in Russell 1000 on AI, Cloud Growth
• Neutral Sentiment: Broader market headwinds (e.g., rising oil weighing on U.S. stocks) are a background risk; they can mute gains even when company news is positive. Stock Market News for Mar 23, 2026
• Negative Sentiment: IBM experienced a price dip after an analyst downgrade that highlighted concerns; that downgrade still weighs on sentiment and could cap rallies until earnings/strategy reassure investors. Stock Price Down 1.7% After Analyst Downgrade
• Negative Sentiment: Some commentary questions whether IBM can adapt quickly enough to tech transitions, a narrative that can pressure valuation multiples despite positive product/partnership headlines. Should You Buy IBM Stock on the Dip?

International Business Machines Price Performance

IBM opened at $248.38 on Tuesday. The firm has a market capitalization of $232.98 billion, a P/E ratio of 22.28, a PEG ratio of 2.42 and a beta of 0.73. The stock has a fifty day moving average of $270.58 and a 200-day moving average of $285.09. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 1.67. 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 posted its quarterly earnings results on Wednesday, January 28th. The technology company reported $4.52 EPS for the quarter, topping the consensus estimate of $4.33 by $0.19. The business had revenue of $19.69 billion during the quarter, compared to analysts’ expectations of $19.23 billion. International Business Machines had a net margin of 15.69% and a return on equity of 38.15%. The firm’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period last year, the company posted $3.92 earnings per share. Equities analysts forecast that International Business Machines Corporation will post 10.78 EPS for the current fiscal year.

International Business Machines Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th were issued a $1.68 dividend. The ex-dividend date was Tuesday, February 10th. This represents a $6.72 dividend on an annualized basis and a yield of 2.7%. International Business Machines’s dividend payout ratio is currently 60.27%.

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.