Community Bank & Trust Waco Texas Boosts Stock Holdings in International Business Machines Corporation $IBM

Community Bank & Trust Waco Texas increased its position in shares of International Business Machines Corporation (NYSE:IBM) by 5.9% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 37,276 shares of the technology company’s stock after buying an additional 2,075 shares during the quarter. International Business Machines makes up 1.8% of Community Bank & Trust Waco Texas’ portfolio, making the stock its 16th largest holding. Community Bank & Trust Waco Texas’ holdings in International Business Machines were worth $9,035,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Family CFO Inc acquired a new position in shares of International Business Machines in the fourth quarter worth about $25,000. Basepoint Wealth LLC acquired a new stake in shares of International Business Machines during the 4th quarter valued at about $25,000. Joseph Group Capital Management purchased a new position in shares of International Business Machines in the 4th quarter valued at about $28,000. Cornerstone Financial Management LLC purchased a new position in shares of International Business Machines in the 4th quarter valued at about $28,000. Finally, SWAN Capital LLC acquired a new position in International Business Machines in the 3rd quarter worth about $28,000. Institutional investors and hedge funds own 58.96% of the company’s stock.

More International Business Machines News

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

• Positive Sentiment: IBM announced a partnership with OpenAI through the OpenAI Daybreak Cyber Partner Program, bringing frontier AI into security operations to help enterprises respond to machine-speed cyber threats. The move strengthens IBM’s AI story and could support future software and services demand. Reuters: IBM partners with OpenAI on enterprise security AI
• Positive Sentiment: IBM also highlighted that its “client zero” AI and automation initiative helped save $4.5 billion over three years, showing that its own internal use of AI is improving efficiency and profitability. Yahoo Finance: How IBM Saved $4.5 Billion Using AI
• Positive Sentiment: IBM and Wimbledon unveiled new AI-powered fan experiences and modernized digital platforms for The Championships 2026, adding another visible example of IBM’s watsonx capabilities and enterprise AI product momentum. Yahoo Finance: Wimbledon and IBM Introduce New AI-Powered Fan Experiences
• Neutral Sentiment: IBM saw unusually large options activity, with call buying more than doubling normal volume, suggesting traders are positioning for further upside, though this is not a fundamental catalyst by itself.
• Neutral Sentiment: Several articles today framed IBM as an “AI value story” and noted growing attention around its AI and quantum computing efforts, which may be helping sentiment but do not change near-term earnings directly.
• Positive Sentiment: A Zacks report said IBM gained even as the broader market dipped, indicating the stock is attracting buyer interest on its own news flow rather than just moving with the sector. Zacks: IBM Gains As Market Dips

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. HSBC upgraded International Business Machines from a “reduce” rating to a “hold” rating and increased their price target for the stock from $218.00 to $231.00 in a research report on Tuesday, April 28th. Barclays initiated coverage on International Business Machines in a research report on Monday, June 1st. They set an “overweight” rating and a $350.00 target price on the stock. Wall Street Zen raised shares of International Business Machines from a “sell” rating to a “hold” rating in a research note on Sunday. Wedbush set a $350.00 price target on shares of International Business Machines in a report on Tuesday, June 2nd. Finally, Weiss Ratings raised shares of International Business Machines from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $304.17.

International Business Machines Price Performance

NYSE:IBM opened at $252.99 on Tuesday. The stock has a 50 day moving average of $251.77 and a two-hundred day moving average of $268.17. International Business Machines Corporation has a 12 month low of $212.34 and a 12 month high of $332.46. The firm has a market cap of $237.79 billion, a P/E ratio of 22.37, a price-to-earnings-growth ratio of 2.58 and a beta of 0.66. The company has a current ratio of 0.80, a quick ratio of 0.76 and a debt-to-equity ratio of 1.75.

International Business Machines (NYSE:IBM) last released its earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.81 by $0.10. The business had revenue of $15.92 billion for the quarter, compared to the consensus estimate of $15.60 billion. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The business’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.60 earnings per share. On average, analysts expect that International Business Machines Corporation will post 12.38 earnings per share for the current fiscal year.

International Business Machines Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th were issued a $1.69 dividend. This represents a $6.76 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Friday, May 8th. This is an increase from International Business Machines’s previous quarterly dividend of $1.68. International Business Machines’s payout ratio is 59.77%.

International Business Machines Company 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.