New York State Common Retirement Fund Sells 53,000 Shares of International Business Machines Corporation $IBM

New York State Common Retirement Fund lowered its stake in shares of International Business Machines Corporation (NYSE:IBM) by 4.4% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 1,153,231 shares of the technology company’s stock after selling 53,000 shares during the period. New York State Common Retirement Fund owned approximately 0.12% of International Business Machines worth $325,396,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Family CFO Inc bought a new position in International Business Machines in the second quarter worth $25,000. Winnow Wealth LLC acquired a new stake in shares of International Business Machines during the 2nd quarter valued at about $27,000. Mountain Hill Investment Partners Corp. bought a new stake in International Business Machines in the third quarter valued at about $28,000. Copia Wealth Management raised its position in International Business Machines by 57.6% in the second quarter. Copia Wealth Management now owns 134 shares of the technology company’s stock worth $40,000 after purchasing an additional 49 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID lifted its stake in International Business Machines by 48.5% during the second quarter. Legacy Wealth Managment LLC ID now owns 147 shares of the technology company’s stock worth $43,000 after purchasing an additional 48 shares during the period. 58.96% of the stock is currently owned by institutional investors.

International Business Machines Stock Up 0.2%

Shares of IBM opened at $294.47 on Thursday. The firm’s 50 day moving average is $302.31 and its 200-day moving average is $282.81. International Business Machines Corporation has a 12 month low of $214.50 and a 12 month high of $324.90. The company has a current ratio of 0.93, a quick ratio of 0.89 and a debt-to-equity ratio of 1.97. The stock has a market capitalization of $275.25 billion, a PE ratio of 35.22, a P/E/G ratio of 2.85 and a beta of 0.70.

International Business Machines (NYSE:IBM) last posted its quarterly earnings results on Wednesday, January 28th. The technology company reported $4.52 EPS for the quarter, beating analysts’ consensus estimates of $4.33 by $0.19. The business had revenue of $19.69 billion during the quarter, compared to the consensus estimate of $19.23 billion. International Business Machines had a return on equity of 37.76% and a net margin of 12.09%.International Business Machines’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.92 earnings per share. Equities research analysts forecast that International Business Machines Corporation will post 10.78 EPS for the current year.

International Business Machines Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th will be paid a $1.68 dividend. The ex-dividend date of this dividend is Tuesday, February 10th. This represents a $6.72 annualized dividend and a yield of 2.3%. International Business Machines’s dividend payout ratio (DPR) is 80.38%.

Analyst Ratings Changes

Several equities research analysts have recently commented on IBM shares. Royal Bank Of Canada restated an “outperform” rating on shares of International Business Machines in a research note on Tuesday. Dbs Bank upgraded shares of International Business Machines from a “hold” rating to a “moderate buy” rating in a research note on Monday, January 19th. Bank of America increased their price target on International Business Machines from $315.00 to $335.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of International Business Machines in a research note on Wednesday, December 10th. Finally, Oppenheimer assumed coverage on shares of International Business Machines in a research report on Friday, November 21st. They set an “outperform” rating and a $360.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $306.86.

Key International Business Machines News

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

• Positive Sentiment: Q4 results beat expectations — EPS $4.52 vs. consensus $4.33 and revenue $19.69B (up 12% YoY). The company cited broad-based strength across software and infrastructure. IBM Q4 earnings (MarketBeat)
• Positive Sentiment: Management raised FY?2026 outlook — IBM signaled revenue growth above 5% and higher free cash flow (about $1B improvement) with revenue guidance ~ $70.9B, which tops Street estimates. That lift to guidance is a primary driver of the rally. IBM forecasts 5% revenue growth in 2026 (CNBC)
• Positive Sentiment: AI and software momentum — IBM’s generative AI business topped $12.5B and software/infrastructure showed double?digit growth, underpinning higher-margin revenue expansion. This supports longer?term margin and cash?flow improvement expectations. IBM generative AI business tops $12.5B (Proactive Investors)
• Positive Sentiment: Dividend declared — board approved a quarterly dividend of $1.68 per share (record Feb. 10; payable Mar. 10), yielding ~2.3%, which supports income-oriented investors and the defensive story.
• Positive Sentiment: Analyst tone mixed-to-favorable — some shops (RBC, others) highlight IBM as a defensive AI play and the consensus analyst rating is around “Moderate Buy,” giving additional support to the stock. RBC calls IBM a defensive AI play (InsiderMonkey) Consensus rating: Moderate Buy (AmericanBankingNews)
• Neutral Sentiment: Macro backdrop — broader market futures rose after the Fed paused cuts, which helped risk assets generally; IBM benefited as part of tech/AI names. Market futures gain after Fed pause (Benzinga)
• Neutral Sentiment: IP and AI education moves — IBM is expanding AI education and patents, which is strategically positive but longer?dated in impact. IBM expands AI education and patents (Yahoo Finance)
• Negative Sentiment: Some sell?side caution remains — Evercore ISI reiterated an Underperform ahead of earnings, signaling that not all analysts are convinced the rally fully justifies valuation. This could cap upside if growth disappoints later. Evercore reiterates Underperform (Yahoo Finance)

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.