Resona Asset Management Co. Ltd. Reduces Holdings in International Business Machines Corporation $IBM

Resona Asset Management Co. Ltd. reduced its position in International Business Machines Corporation (NYSE:IBM) by 4.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 328,108 shares of the technology company’s stock after selling 14,180 shares during the period. Resona Asset Management Co. Ltd.’s holdings in International Business Machines were worth $92,442,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Birch Financial Group LLC boosted its holdings in International Business Machines by 11.7% in the third quarter. Birch Financial Group LLC now owns 1,126 shares of the technology company’s stock valued at $318,000 after purchasing an additional 118 shares during the last quarter. UniSuper Management Pty Ltd increased its holdings in International Business Machines by 39.3% during the 3rd quarter. UniSuper Management Pty Ltd now owns 240,455 shares of the technology company’s stock worth $67,847,000 after purchasing an additional 67,888 shares during the last quarter. Emergent Wealth Advisors LLC raised its position in shares of International Business Machines by 8.3% in the 3rd quarter. Emergent Wealth Advisors LLC now owns 2,647 shares of the technology company’s stock valued at $747,000 after purchasing an additional 203 shares in the last quarter. Jennison Associates LLC boosted its stake in shares of International Business Machines by 199.0% during the 3rd quarter. Jennison Associates LLC now owns 597,242 shares of the technology company’s stock valued at $168,518,000 after buying an additional 397,494 shares during the last quarter. Finally, Hunter Associates Investment Management LLC grew its position in shares of International Business Machines by 26.5% during the third quarter. Hunter Associates Investment Management LLC now owns 16,465 shares of the technology company’s stock worth $4,640,000 after buying an additional 3,450 shares in the last quarter. 58.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on IBM. 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. Weiss Ratings reissued a “buy (b)” rating on shares of International Business Machines in a research report on Thursday. UBS Group restated a “sell” rating on shares of International Business Machines in a research note on Tuesday, December 9th. Morgan Stanley decreased their price target on International Business Machines from $256.00 to $252.00 and set an “equal weight” rating for the company in a research note on Thursday, October 23rd. Finally, BMO Capital Markets boosted their price objective on International Business Machines from $300.00 to $305.00 and gave the company a “market perform” rating in a report on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $306.86.

International Business Machines Trading Down 0.8%

International Business Machines stock opened at $292.43 on Friday. International Business Machines Corporation has a 1 year low of $214.50 and a 1 year high of $324.90. The firm’s 50-day moving average is $302.13 and its 200-day moving average is $282.69. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.89 and a current ratio of 0.93. The company has a market cap of $273.35 billion, a P/E ratio of 34.98, a PEG ratio of 2.85 and a beta of 0.70.

International Business Machines (NYSE:IBM) last announced its quarterly earnings data on Wednesday, October 22nd. The technology company reported $2.65 earnings per share for the quarter, beating analysts’ consensus estimates of $2.45 by $0.20. International Business Machines had a net margin of 12.09% and a return on equity of 37.76%. The business had revenue of $16.33 billion during the quarter, compared to the consensus estimate of $16.10 billion. During the same quarter in the prior year, the firm earned $2.30 EPS. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. On average, equities analysts expect that International Business Machines Corporation will post 10.78 earnings per share for the current year.

Key International Business Machines News

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

• Positive Sentiment: JPMorgan and other analysts are bullish — a JPMorgan analyst said IBM’s stock is likely to rise, and other outlets report the stock trading higher following an analyst upgrade, providing near?term buying interest ahead of earnings. International Business Machines (NYSE:IBM) Stock Price Expected to Rise Trading 2.1% Higher After Analyst Upgrade
• Positive Sentiment: Evercore ISI raised its price target to $330 and added IBM to a tactical outperform list — a clear signal that some brokers see upside from current levels. Evercore ISI raises IBM price target to $330
• Positive Sentiment: Jefferies reiterates a Buy and sees potential reacceleration in software growth heading into the print — this supports expectations for upward estimate revisions in 2026. IBM software growth seen reaccelerating ahead of earnings: Jefferies
• Positive Sentiment: Research and product catalysts: IBM’s new machine?learning model for chip design (with Ansys and DARPA) is being touted as meaningful for next?gen chips — a longer?term tech differentiator tied to its AI strategy. Why IBM’s New Machine?Learning Model Is a Big Deal
• Positive Sentiment: Multiple earnings previews (Seeking Alpha, Zacks, The Motley Fool) highlight stronger Q4 prospects driven by consulting (AI uptake, Microsoft partnership), software/watsonx tailwinds and the Confluent deal — these previews raise the odds of an upside surprise. IBM Q4 Earnings Preview Unlocking Q4 Potential of IBM
• Neutral Sentiment: Reminder: IBM’s earnings date is Jan. 28 — expectations are elevated, so the report could amplify volatility. Mark Your Calendars for January 28
• Neutral Sentiment: Analyst commentary and roundup pieces (CNBC/Benzinga, Yahoo) largely expect a solid quarter but differ on valuation timing — useful for positioning but not immediate catalysts. CNBC Final Trades
• Negative Sentiment: Short?term price weakness: coverage notes and market pieces report the stock has slid recently despite higher targets — signaling profit?taking and that upgrades aren’t fully translating into immediate gains. IBM Stock Slides Even as Analysts Raise Targets

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.