Waverly Advisors LLC Reduces Position in International Business Machines Corporation $IBM

Waverly Advisors LLC lessened its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 6.3% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 60,657 shares of the technology company’s stock after selling 4,053 shares during the quarter. Waverly Advisors LLC’s holdings in International Business Machines were worth $14,703,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of IBM. McGowan Group Asset Management Inc. boosted its holdings in International Business Machines by 1.2% in the 4th quarter. McGowan Group Asset Management Inc. now owns 2,693 shares of the technology company’s stock worth $798,000 after buying an additional 33 shares during the period. Wedge Capital Management L L P NC raised its holdings in International Business Machines by 2.0% during the 4th quarter. Wedge Capital Management L L P NC now owns 1,700 shares of the technology company’s stock valued at $504,000 after acquiring an additional 34 shares during the period. Exencial Wealth Advisors LLC raised its holdings in International Business Machines by 0.4% during the 4th quarter. Exencial Wealth Advisors LLC now owns 7,874 shares of the technology company’s stock valued at $2,332,000 after acquiring an additional 34 shares during the period. Howard Capital Management Inc. lifted its position in shares of International Business Machines by 0.5% during the fourth quarter. Howard Capital Management Inc. now owns 6,793 shares of the technology company’s stock worth $2,012,000 after acquiring an additional 35 shares in the last quarter. Finally, Prasad Wealth Partners LLC lifted its position in shares of International Business Machines by 1.0% during the fourth quarter. Prasad Wealth Partners LLC now owns 3,604 shares of the technology company’s stock worth $1,068,000 after acquiring an additional 35 shares in the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.

International Business Machines Trading Down 0.0%

International Business Machines stock opened at $214.16 on Monday. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.74 and a current ratio of 0.79. International Business Machines Corporation has a fifty-two week low of $199.19 and a fifty-two week high of $332.46. The stock has a market cap of $201.76 billion, a P/E ratio of 19.00, a PEG ratio of 2.10 and a beta of 0.68. The firm’s fifty day moving average price is $262.92 and its 200-day moving average price is $260.26.

International Business Machines (NYSE:IBM) last posted its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.93. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The company had revenue of $17.16 billion during the quarter, compared to analyst estimates of $17.46 billion. During the same quarter last year, the company earned $2.80 earnings per share. The firm’s quarterly revenue was up 1.1% on a year-over-year basis. Equities research analysts forecast that International Business Machines Corporation will post 12.34 earnings per share for the current fiscal year.

International Business Machines Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be issued a $1.69 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $6.76 annualized dividend and a dividend yield of 3.2%. International Business Machines’s dividend payout ratio (DPR) is presently 59.98%.

Trending Headlines about International Business Machines

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

• Positive Sentiment: Unusual options activity showed strong bullish interest, with traders buying 108,601 call options on IBM, about 35% above normal call volume. This suggests some investors are betting on a rebound.
• Positive Sentiment: Citigroup lowered its price target to $245 from $255 but kept a Buy rating, implying meaningful upside from current levels and signaling that some analysts still see value in the shares.
• Positive Sentiment: IBM announced a dividend of $1.69 per share, reinforcing its appeal to income-focused investors at a time when the stock has been under pressure.
• Neutral Sentiment: Recent commentary has turned split: some analysts and strategists view the post-earnings decline as a potential long-term opportunity, while others say IBM may be stuck in a holding pattern until growth reaccelerates. IBM: The Historic Stock Rout Is A Generational Opportunity
• Neutral Sentiment: IBM is still getting support from its long-term quantum computing strategy, including the announced acquisition of HRL Laboratories, which expands its quantum R&D capabilities. That could help sentiment, but the benefit is longer term rather than immediate.
• Negative Sentiment: The main reason the stock fell sharply is IBM’s Q2 report and lowered 2026 outlook: revenue missed expectations, mainframe sales weakened, and management cut full-year constant-currency revenue growth guidance after customers shifted spending toward AI infrastructure.
• Negative Sentiment: Shortly after the earnings slump, law firms announced securities-fraud investigations tied to IBM’s disclosures about the mainframe slowdown, adding legal overhang and uncertainty for shareholders.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on IBM. JPMorgan Chase & Co. reduced their price target on International Business Machines from $291.00 to $250.00 and set an “overweight” rating for the company in a research report on Friday, July 17th. DZ Bank raised International Business Machines from a “hold” rating to a “buy” rating and set a $295.00 price objective on the stock in a report on Friday, April 24th. Argus cut their target price on International Business Machines from $360.00 to $280.00 and set a “buy” rating for the company in a research note on Thursday, July 16th. Oppenheimer lowered International Business Machines from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 15th. Finally, Morgan Stanley decreased their price target on International Business Machines from $293.00 to $190.00 and set an “equal weight” rating on the stock in a research report on Thursday. Fifteen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $265.40.

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.