International Business Machines (NYSE:IBM) Given New $283.00 Price Target at JPMorgan Chase & Co.

International Business Machines (NYSE:IBM) had its target price decreased by JPMorgan Chase & Co. from $317.00 to $283.00 in a research report sent to investors on Wednesday,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the technology company’s stock.

Several other analysts also recently issued reports on the stock. Stifel Nicolaus boosted their target price on shares of International Business Machines from $325.00 to $340.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Argus set a $360.00 price target on International Business Machines in a research report on Friday, January 30th. Erste Group Bank downgraded International Business Machines from a “buy” rating to a “hold” rating in a research note on Wednesday, February 18th. DZ Bank upgraded International Business Machines to a “hold” rating in a research report on Wednesday, February 11th. Finally, Dbs Bank upgraded International Business Machines from a “hold” rating to a “moderate buy” rating in a report on Monday, January 19th. One 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 stock. Based on data from MarketBeat, International Business Machines currently has a consensus rating of “Moderate Buy” and a consensus price target of $318.60.

International Business Machines Trading Down 1.9%

Shares of NYSE IBM opened at $251.31 on Wednesday. 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 has a 12 month low of $214.50 and a 12 month high of $324.90. The company has a market cap of $235.74 billion, a price-to-earnings ratio of 22.54, a P/E/G ratio of 2.57 and a beta of 0.73. The business has a fifty day simple moving average of $274.07 and a 200-day simple moving average of $284.72.

International Business Machines (NYSE:IBM) last issued its quarterly earnings results on Wednesday, January 28th. The technology company reported $4.52 earnings per share for the quarter, topping analysts’ consensus estimates of $4.33 by $0.19. The firm had revenue of $19.69 billion for the quarter, compared to analysts’ expectations of $19.23 billion. International Business Machines had a return on equity of 38.15% and a net margin of 15.69%.International Business Machines’s revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the business posted $3.92 EPS. Sell-side analysts predict that International Business Machines will post 10.78 EPS for the current 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%.

Insider Buying and Selling at International Business Machines

In other news, Director David N. Farr purchased 1,000 shares of the company’s stock in a transaction dated Friday, January 30th. The shares were bought at an average price 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. This trade represents a 12.11% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael Miebach acquired 434 shares of International Business Machines stock in a transaction dated Wednesday, February 25th. The stock was purchased at an average price of $233.33 per share, with a total value of $101,265.22. Following the completion of the purchase, the director directly owned 434 shares of the company’s stock, valued at $101,265.22. The trade was a ∞ increase in their position. 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.

Institutional Investors Weigh In On International Business Machines

A number of hedge funds have recently bought and sold shares of IBM. Cornerstone Planning LLC bought a new stake in International Business Machines during the 4th quarter valued at approximately $4,366,000. Forty three Eighteen Advisors LLC bought a new stake in shares of International Business Machines in the fourth quarter valued at approximately $2,063,000. Rockefeller Capital Management L.P. grew its stake in shares of International Business Machines by 20.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 564,188 shares of the technology company’s stock worth $167,118,000 after acquiring an additional 95,065 shares during the last quarter. Osbon Capital Management LLC acquired a new stake in shares of International Business Machines in the fourth quarter worth $39,000. Finally, Lane Brothers & Co. Inc. bought a new position in International Business Machines during the fourth quarter worth $314,000. 58.96% of the stock is currently owned by institutional investors.

International Business Machines News Roundup

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

• Positive Sentiment: IBM completed its acquisition of Confluent for about $11bn, adding real‑time data streaming to its stack and announcing day‑one integrations with watsonx.data, IBM MQ, webMethods and IBM Z — a move IBM says will power AI agents and hybrid enterprise workflows. This is a meaningful strategic accelerator for IBM’s AI roadmap. IBM Completes Acquisition of Confluent
• Positive Sentiment: IBM expanded its partnership with NVIDIA to embed NVIDIA GPUs into IBM Cloud and Red Hat AI Factory, aimed at moving enterprise AI projects from pilot to production — a commercial ramp that could drive software, services and cloud demand. IBM and NVIDIA Partner to Help Businesses Deploy AI at Scale
• Positive Sentiment: IBM Consulting teamed with The Hackett Group to help clients prioritize high‑ROI AI use cases and align them to existing workflows — an initiative that could accelerate enterprise AI adoption and consulting services revenue. IBM Business Operations and The Hackett Group Collaborate to Accelerate and Enhance Enterprise AI Business Outcomes
• Positive Sentiment: Recognition of IBM research: IBM Fellow Charles H. Bennett was named a co‑recipient of the A.M. Turing Award, reinforcing IBM’s standing in advanced computing and quantum research — positive for long‑term reputation and innovation credentials. IBM Fellow and Quantum Pioneer Charles H. Bennett Receives A.M. Turing Award
• Neutral Sentiment: Procedural: Confluent has been delisted from Nasdaq following the acquisition — an expected corporate housekeeping step with limited direct impact on IBM’s near‑term financials. IBM Completes Confluent Acquisition, Company Delists from Nasdaq
• Negative Sentiment: JPMorgan reduced its price target on IBM from $317 to $283 and moved to a “neutral” rating — a notable analyst downgrade that can prompt selling or reduce buying interest in the near term. JPMorgan Lowers IBM Price Target
• Negative Sentiment: Near‑term technical/market pressure: the stock sits below recent 50‑ and 200‑day averages and volume is lighter than average, conditions that can amplify downside when analyst sentiment turns cautious. (Background trading data.)

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.