CIBC Asset Management Inc Increases Stock Holdings in International Business Machines Corporation $IBM

CIBC Asset Management Inc increased its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 58.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 257,135 shares of the technology company’s stock after buying an additional 94,508 shares during the quarter. CIBC Asset Management Inc’s holdings in International Business Machines were worth $76,166,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Basepoint Wealth LLC purchased a new stake in International Business Machines during the 4th quarter worth approximately $25,000. Family CFO Inc purchased a new stake in International Business Machines during the 4th quarter worth approximately $25,000. Joseph Group Capital Management purchased a new stake in International Business Machines during the 4th quarter worth approximately $28,000. SWAN Capital LLC purchased a new stake in International Business Machines during the 3rd quarter worth approximately $28,000. Finally, LFA Lugano Financial Advisors SA purchased a new stake in International Business Machines during the 4th quarter worth approximately $31,000. 58.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

IBM has been the topic of several research analyst reports. BMO Capital Markets dropped their target price on shares of International Business Machines from $290.00 to $270.00 and set a “market perform” rating on the stock in a research report on Thursday, April 23rd. Royal Bank Of Canada reiterated an “outperform” rating on shares of International Business Machines in a research note on Thursday, May 28th. Barclays initiated coverage on International Business Machines in a research note on Monday. They set an “overweight” rating and a $350.00 price target on the stock. Erste Group Bank downgraded International Business Machines from a “buy” rating to a “hold” rating in a research note on Wednesday, February 18th. Finally, Citigroup reiterated a “buy” rating on shares of International Business Machines in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $299.17.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: IBM’s $10 billion quantum-computing investment plan boosted investor enthusiasm by signaling a long-term push to lead in fault-tolerant quantum systems. IBM Commits More Than $10 Billion to Quantum Computing
• Positive Sentiment: Barclays initiated coverage with an Overweight rating and a $350 price target, while Wedbush also raised its target, suggesting Wall Street sees more upside despite the run-up. Wedbush lifts IBM price target as AI transformation fears give way to execution confidence
• Positive Sentiment: Coverage highlighting IBM as a top quantum-computing beneficiary in 2026 added to momentum, with investors viewing IBM as a potential leader in the sector. Why IBM Could Be One of the Biggest Quantum Computing Winners in 2026
• Neutral Sentiment: Recent articles also pointed to IBM’s stock being expensive after the rally, with some analysts flagging overvaluation risk as expectations rose quickly. IBM Stock Surges on Trump Video, $10B Quantum Bet: Analysts Flag Overvaluation Risk
• Neutral Sentiment: IBM also benefited from broader AI/software optimism after Nvidia-related commentary eased fears that AI would displace enterprise software vendors, supporting the stock’s move. Arm, IBM and Hewlett Packard soar as Nvidia chip ‘reinvention’ extends software rally

International Business Machines Stock Performance

Shares of NYSE IBM opened at $329.72 on Wednesday. The company’s fifty day moving average price is $241.55 and its 200 day moving average price is $270.75. International Business Machines Corporation has a 1 year low of $212.34 and a 1 year high of $332.46. The company has a market capitalization of $309.90 billion, a PE ratio of 29.15, a price-to-earnings-growth ratio of 3.32 and a beta of 0.67. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.76 and a current ratio of 0.80.

International Business Machines (NYSE:IBM) last announced its quarterly earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.81 by $0.10. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The firm had revenue of $15.92 billion for the quarter, compared to the consensus estimate of $15.60 billion. During the same period in the prior year, the firm posted $1.60 earnings per share. The firm’s quarterly revenue was up 9.5% compared to the same quarter last year. On average, research analysts predict that International Business Machines Corporation will post 12.4 earnings per share for the current year.

International Business Machines Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 8th will be issued a dividend of $1.69 per share. This represents a $6.76 dividend on an annualized basis and a yield of 2.1%. This is a boost from International Business Machines’s previous quarterly dividend of $1.68. The ex-dividend date of this dividend is Friday, May 8th. International Business Machines’s payout ratio is currently 59.77%.

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.