Clifford Swan Investment Counsel LLC Lowers Stock Holdings in International Business Machines Corporation $IBM

Clifford Swan Investment Counsel LLC cut its stake in shares of International Business Machines Corporation (NYSE:IBM) by 8.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 33,412 shares of the technology company’s stock after selling 3,173 shares during the quarter. Clifford Swan Investment Counsel LLC’s holdings in International Business Machines were worth $9,428,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Winnow Wealth LLC bought a new position in shares of International Business Machines during the 2nd quarter worth $27,000. Mountain Hill Investment Partners Corp. purchased a new stake in International Business Machines in the third quarter worth about $28,000. Trifecta Capital Advisors LLC grew its holdings in International Business Machines by 129.1% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 126 shares of the technology company’s stock worth $36,000 after acquiring an additional 71 shares in the last quarter. Legacy Wealth Managment LLC ID increased its position in International Business Machines by 48.5% during the 2nd quarter. Legacy Wealth Managment LLC ID now owns 147 shares of the technology company’s stock valued at $43,000 after purchasing an additional 48 shares during the period. Finally, Davis Capital Management bought a new stake in shares of International Business Machines in 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 Summary

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

• Positive Sentiment: UBS upgraded IBM from “Sell” to “Neutral,” helping spark buyer interest and supporting a short-term rebound. Read More.
• Positive Sentiment: IBM won a Department of War contract (ceiling ~$112M) to modernize electronic shelf labels, a concrete services win that supports revenue visibility in its consulting/systems business. Read More.
• Positive Sentiment: Company directors made small open-market purchases (including Michael Miebach and Michelle Howard), a signal of insider confidence that can bolster investor sentiment after volatility. Read More.
• Positive Sentiment: Several analyst notes and deep-dive pieces argue the recent selloff was overdone given strong Q4 results, record free cash flow and strategic AI/cloud assets — supporting a recovery narrative. Read More.
• Neutral Sentiment: Morgan Stanley trimmed its price target to $247 and set an “equal weight” rating, which moderates expectations and keeps upside capped near current levels. Read More.
• Neutral Sentiment: IBM published its 2026 X‑Force Threat Intelligence Index (ransomware surge and AI-accelerated attacks), which underlines both growing cybersecurity demand (opportunity) and rising threat landscape (risk). Read More.
• Negative Sentiment: The principal near-term downside remains AI-startup disruption fears after Anthropic’s Claude Code claim (automation of COBOL modernization) triggered a sharp selloff; the market is still weighing how quickly enterprise modernization demand could change. Read More.

Analysts Set New Price Targets

IBM has been the topic of a number of recent research reports. DZ Bank upgraded shares of International Business Machines to a “hold” rating in a research note on Wednesday, February 11th. Dbs Bank raised International Business Machines from a “hold” rating to a “moderate buy” rating in a research report on Monday, January 19th. Jefferies Financial Group reiterated a “buy” rating on shares of International Business Machines in a report on Monday. Oppenheimer set a $380.00 price objective on International Business Machines and gave the stock an “outperform” rating in a research note on Thursday, January 29th. Finally, Argus set a $360.00 price objective on International Business Machines in a research report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, International Business Machines currently has a consensus rating of “Moderate Buy” and an average target price of $320.87.

Insider Buying and Selling

In other International Business Machines news, Director Michael Miebach purchased 434 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The shares were bought at an average price of $233.33 per share, for a total transaction of $101,265.22. Following the acquisition, the director owned 434 shares in the company, valued at $101,265.22. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director David N. Farr purchased 1,000 shares of International Business Machines stock in a transaction on Friday, January 30th. The shares were acquired at an average cost of $304.00 per share, with a total value of $304,000.00. Following the completion of the transaction, the director directly owned 9,258 shares in the company, valued at $2,814,432. The trade was a 12.11% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders purchased 1,484 shares of company stock worth $417,157. 0.18% of the stock is owned by insiders.

International Business Machines Trading Up 1.9%

NYSE IBM opened at $242.05 on Friday. International Business Machines Corporation has a 12-month low of $214.50 and a 12-month high of $324.90. The company has a fifty day simple moving average of $288.39 and a two-hundred day simple moving average of $283.56. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 1.67. The stock has a market cap of $227.05 billion, a P/E ratio of 21.71, a P/E/G ratio of 2.38 and a beta of 0.69.

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

International Business Machines Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Investors 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 dividend on an annualized basis and a dividend yield of 2.8%. International Business Machines’s payout ratio is 60.27%.

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.