International Business Machines (NYSE:IBM) Shares Up 1% – Here’s Why

Shares of International Business Machines Corporation (NYSE:IBM) traded up 1% during mid-day trading on Friday. The company traded as high as $247.85 and last traded at $247.1990. 2,531,311 shares were traded during trading, a decline of 65% from the average session volume of 7,234,047 shares. The stock had previously closed at $244.67.

Recent International Business Machines Headlines

These are some of the IBM headlines that stood out recently:

• Positive Sentiment: LTM added its AI-powered quantum error-mitigation capability to IBM’s Quantum Functions Catalog, expanding the tools available in IBM’s quantum-computing ecosystem. Article: LTM Adds AI-Powered Quantum Error Mitigation
• Neutral Sentiment: A new IBM index says many organizations struggle to demonstrate control over data and AI systems. The findings could create demand for IBM’s governance and consulting services, but also underscore challenges enterprises face as AI adoption and regulation grow. Article: Why IBM Is Warning Enterprises About AI Sovereignty Gaps
• Neutral Sentiment: A market report projects managed learning services will grow to $14.65 billion by 2030 and lists IBM among providers scaling AI-focused training. This is a potential market opportunity, not a company-specific forecast. Article: Global Managed Learning Services Market Report 2026

Analysts Set New Price Targets

Several research analysts have recently weighed in on IBM shares. Evercore reaffirmed an “outperform” rating on shares of International Business Machines in a research report on Friday, November 6th. Daiwa Securities Group dropped their target price on International Business Machines from $247.00 to $217.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 29th. UBS Group boosted their target price on International Business Machines from $236.00 to $243.00 and gave the company a “neutral” rating in a research note on Thursday, October 22nd. Truist Financial set a $260.00 price target on shares of International Business Machines in a research note on Thursday, October 22nd. Finally, Morgan Stanley raised their price target on shares of International Business Machines from $238.00 to $240.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 22nd. Nineteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $266.88.

International Business Machines Stock Up 1.0%

The firm’s 50-day simple moving average is $237.80 and its 200 day simple moving average is $247.66. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.80 and a current ratio of 0.85. The stock has a market capitalization of $233.63 billion, a P/E ratio of 21.07, a PEG ratio of 2.44 and a beta of 0.78.

International Business Machines (NYSE:IBM) last announced its quarterly earnings data on Wednesday, October 21st. The technology company reported $2.95 earnings per share for the quarter, beating the consensus estimate of $2.85 by $0.10. The company had revenue of $17.10 billion during the quarter, compared to analysts’ expectations of $16.82 billion. International Business Machines had a return on equity of 34.37% and a net margin of 15.99%. International Business Machines’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter last year, the company earned $2.65 EPS. As a group, research analysts expect that International Business Machines Corporation will post 12.42 EPS for the current year.

International Business Machines Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Tuesday, November 10th will be given a dividend of $1.69 per share. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $6.76 annualized dividend and a yield of 2.7%. International Business Machines’s dividend payout ratio is 57.63%.

Insiders Place Their Bets

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the transaction, the senior vice president owned 47,800 shares of the company’s stock, valued at $11,009,296. The trade was a 34.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.27% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On International Business Machines

Several large investors have recently made changes to their positions in the stock. BlackRock Inc. acquired a new stake in International Business Machines in the second quarter valued at $21,586,659,000. Bank of America Corp DE acquired a new position in shares of International Business Machines during the 2nd quarter worth about $4,214,868,000. Bank of New York Mellon Corp acquired a new position in shares of International Business Machines during the 2nd quarter worth about $2,606,782,000. Legal & General Group Plc bought a new stake in shares of International Business Machines in the 2nd quarter valued at about $1,874,733,000. Finally, Wellington Management Group LLP raised its holdings in shares of International Business Machines by 2,362.2% in the 2nd quarter. Wellington Management Group LLP now owns 6,549,393 shares of the technology company’s stock valued at $1,841,755,000 after purchasing an additional 6,283,395 shares during the period. Institutional investors and hedge funds own 58.96% of the company’s stock.

International Business Machines Company Profile

International Business Machines Corporation (IBM) is a global technology company that provides software, consulting, infrastructure and related services to businesses and public-sector organizations. Its offerings include hybrid cloud and artificial intelligence solutions, enterprise software, IT consulting, and systems such as IBM Z mainframes and Power servers. IBM also develops technologies in areas including data management, automation, cybersecurity and quantum computing. Its consulting teams help clients design, build and manage technology systems and business processes.