Exchange Bank Purchases 3,900 Shares of International Business Machines Corporation $IBM

Exchange Bank grew its position in shares of International Business Machines Corporation (NYSE:IBM) by 49.8% during the third quarter, according to its most recent filing with the SEC. The firm owned 11,726 shares of the technology company’s stock after acquiring an additional 3,900 shares during the period. International Business Machines comprises about 2.3% of Exchange Bank’s holdings, making the stock its 12th largest holding. Exchange Bank’s holdings in International Business Machines were worth $3,309,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Family CFO Inc purchased a new position in International Business Machines during the second quarter valued at $25,000. Winnow Wealth LLC purchased a new stake in shares of International Business Machines in the 2nd quarter worth about $27,000. Mountain Hill Investment Partners Corp. bought a new position in shares of International Business Machines in the 3rd quarter worth about $28,000. 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 valued at $40,000 after acquiring an additional 49 shares during the period. Finally, Legacy Wealth Managment LLC ID boosted its stake in 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 acquiring an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Trending Headlines about International Business Machines

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 Stock Performance

IBM stock opened at $292.43 on Monday. The stock’s 50 day simple moving average is $302.13 and its 200 day simple moving average is $282.58. The company has a current ratio of 0.93, a quick ratio of 0.89 and a debt-to-equity ratio of 1.97. International Business Machines Corporation has a 12-month low of $214.50 and a 12-month high of $324.90. The stock has a market capitalization of $273.35 billion, a PE ratio of 34.98, a price-to-earnings-growth ratio of 2.83 and a beta of 0.70.

Wall Street Analysts Forecast Growth

IBM has been the subject of a number of analyst reports. JPMorgan Chase & Co. raised their target price on shares of International Business Machines from $290.00 to $312.00 and gave the company a “neutral” rating in a research note on Wednesday, January 21st. Oppenheimer initiated coverage on International Business Machines in a research note on Friday, November 21st. They issued an “outperform” rating and a $360.00 price target on the stock. Royal Bank Of Canada raised their price objective on International Business Machines from $300.00 to $350.00 and gave the company an “outperform” rating in a research report on Monday, January 5th. Morgan Stanley dropped their target price on International Business Machines from $256.00 to $252.00 and set an “equal weight” rating on the stock in a report on Thursday, October 23rd. Finally, Jefferies Financial Group raised International Business Machines from a “hold” rating to a “buy” rating and increased their target price for the stock from $300.00 to $360.00 in a research note on Monday, January 5th. One equities research 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 company’s stock. Based on data from MarketBeat, International Business Machines currently has a consensus rating of “Moderate Buy” and a consensus price target of $306.86.

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.