Munich Reinsurance Co Stock Corp in Munich Lowers Stock Holdings in International Business Machines Corporation $IBM

Munich Reinsurance Co Stock Corp in Munich cut its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 46.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,327 shares of the technology company’s stock after selling 10,563 shares during the period. Munich Reinsurance Co Stock Corp in Munich’s holdings in International Business Machines were worth $2,988,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Personal CFO Solutions LLC grew its holdings in shares of International Business Machines by 41.5% in the first quarter. Personal CFO Solutions LLC now owns 7,374 shares of the technology company’s stock valued at $1,787,000 after purchasing an additional 2,164 shares in the last quarter. Greenwood Capital Associates LLC grew its stake in shares of International Business Machines by 5.5% in the first quarter. Greenwood Capital Associates LLC now owns 48,490 shares of the technology company’s stock worth $11,753,000 after acquiring an additional 2,534 shares in the last quarter. Farmers & Merchants Trust Co of Chambersburg PA grew its stake in shares of International Business Machines by 5.2% in the first quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 12,509 shares of the technology company’s stock worth $3,032,000 after acquiring an additional 620 shares in the last quarter. Frank Rimerman Advisors LLC increased its position in shares of International Business Machines by 1.8% during the first quarter. Frank Rimerman Advisors LLC now owns 24,404 shares of the technology company’s stock worth $5,915,000 after acquiring an additional 435 shares during the period. Finally, Richmond Investment Services LLC raised its stake in shares of International Business Machines by 6.5% in the first quarter. Richmond Investment Services LLC now owns 1,308 shares of the technology company’s stock valued at $317,000 after acquiring an additional 80 shares in the last quarter. 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: IBM announced major upgrades to its Bob software platform, adding multi-agent AI capabilities, AI cost analytics, and modernization workflows aimed at speeding enterprise software development. IBM Advances Enterprise AI Software Development with Multi-Agent Capabilities and Specialized Modernization Workflows
• Positive Sentiment: IBM also unveiled broader enterprise AI and infrastructure updates, including new z17 and LinuxONE systems and expanded cybersecurity partnerships, which reinforces its positioning in higher-value hybrid cloud and AI infrastructure. International Business Machines (IBM) Unveils New AI Infrastructure, Is The Stock Fully Priced?
• Positive Sentiment: IBM’s quantum-computing work made headlines after a breakthrough collaboration on fusion-energy modeling, which supports the company’s innovation narrative and could improve investor sentiment around its advanced technology portfolio. IBM’s Quantum Breakthrough Sends Massive Clean Energy Signal
• Neutral Sentiment: IBM announced it will report second-quarter 2026 results on July 22, keeping attention on upcoming earnings for confirmation of growth in software, AI, and infrastructure. IBM to Announce Second-Quarter 2026 Financial Results
• Negative Sentiment: Starbucks’ move to build sovereign AI and cut its dependence on Microsoft and IBM software is being viewed as a warning sign for enterprise software vendors, suggesting some customers may try to shrink licensing and maintenance costs. Starbucks Bets on AI to Replace Microsoft and IBM Software
• Negative Sentiment: Several market reports say IBM stock is slipping despite the quantum and AI news flow, as traders appear to be taking profits and waiting for the July 22 earnings report for a clearer catalyst. International Business Machines (IBM) Stock Drops 1.3% Despite Quantum Computing Buzz

Analyst Ratings Changes

A number of research analysts recently issued reports on IBM shares. Roth Capital reiterated a “buy” rating on shares of International Business Machines in a report on Wednesday, June 3rd. DZ Bank upgraded International Business Machines from a “hold” rating to a “buy” rating and set a $295.00 price target on the stock in a report on Friday, April 24th. Wedbush set a $350.00 price target on International Business Machines in a research report on Tuesday, June 2nd. JPMorgan Chase & Co. upgraded International Business Machines from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $270.00 to $291.00 in a research note on Tuesday, June 23rd. Finally, Wall Street Zen raised International Business Machines from a “sell” rating to a “hold” rating in a research report on Sunday, June 21st. Sixteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, International Business Machines has an average rating of “Moderate Buy” and an average target price of $306.47.

International Business Machines Trading Down 2.4%

NYSE:IBM opened at $294.79 on Friday. The stock has a market cap of $277.07 billion, a P/E ratio of 26.06, a P/E/G ratio of 2.92 and a beta of 0.68. International Business Machines Corporation has a 1 year low of $212.34 and a 1 year high of $332.46. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.76 and a current ratio of 0.80. The stock has a 50-day simple moving average of $262.55 and a 200-day simple moving average of $266.02.

International Business Machines (NYSE:IBM) last released its quarterly earnings data on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.10. The company had revenue of $15.92 billion for the quarter, compared to analysts’ expectations of $15.60 billion. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The firm’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same quarter last year, the company earned $1.60 earnings per share. As a group, analysts anticipate that International Business Machines Corporation will post 12.45 earnings per share for the current fiscal year.

International Business Machines Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 8th were paid a dividend of $1.69 per share. The ex-dividend date was Friday, May 8th. This represents a $6.76 dividend on an annualized basis and a yield of 2.3%. This is a boost from International Business Machines’s previous quarterly dividend of $1.68. International Business Machines’s dividend payout ratio (DPR) is 59.77%.

International Business Machines 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.