Norris Perne & French LLP MI Buys New Shares in International Business Machines Corporation $IBM

Norris Perne & French LLP MI bought a new stake in International Business Machines Corporation (NYSE:IBM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,369 shares of the technology company’s stock, valued at approximately $521,000.

A number of other large investors have also recently bought and sold shares of IBM. Citizens Financial Group Inc. RI grew its position in International Business Machines by 15.8% in the third quarter. Citizens Financial Group Inc. RI now owns 66,289 shares of the technology company’s stock valued at $14,579,000 after purchasing an additional 9,060 shares in the last quarter. Anderson Hoagland & Co. lifted its position in International Business Machines by 11.2% during the 3rd quarter. Anderson Hoagland & Co. now owns 42,170 shares of the technology company’s stock worth $9,274,000 after buying an additional 4,235 shares in the last quarter. Simplicity Wealth LLC lifted its position in International Business Machines by 21.4% during the 3rd quarter. Simplicity Wealth LLC now owns 36,046 shares of the technology company’s stock worth $7,928,000 after buying an additional 6,342 shares in the last quarter. Carolina Wealth Advisors LLC boosted its stake in shares of International Business Machines by 2.9% during the 3rd quarter. Carolina Wealth Advisors LLC now owns 9,107 shares of the technology company’s stock worth $2,003,000 after buying an additional 254 shares during the last quarter. Finally, NTV Asset Management LLC boosted its stake in shares of International Business Machines by 2.2% during the 3rd quarter. NTV Asset Management LLC now owns 17,494 shares of the technology company’s stock worth $3,848,000 after buying an additional 384 shares during the last quarter. Institutional investors and hedge funds own 58.96% of the company’s stock.

International Business Machines Stock Performance

Shares of IBM stock opened at $253.69 on Friday. The stock has a market cap of $239.01 billion, a P/E ratio of 21.63, a P/E/G ratio of 2.43 and a beta of 0.73. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.85 and a quick ratio of 0.74. The company has a fifty day moving average price of $233.06 and a two-hundred day moving average price of $243.70. International Business Machines Corporation has a one year low of $199.19 and a one year high of $332.46.

International Business Machines (NYSE:IBM) last announced its quarterly earnings data on Wednesday, October 21st. The technology company reported $2.95 EPS for the quarter, beating analysts’ consensus estimates of $2.85 by $0.10. The company had revenue of $17.10 billion during the quarter, compared to the consensus estimate of $16.82 billion. International Business Machines had a net margin of 15.99% and a return on equity of 34.37%. The company’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the firm posted $2.65 EPS. As a group, equities analysts predict that International Business Machines Corporation will post 12.41 EPS for the current year.

International Business Machines Dividend Announcement

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

Insider Buying and Selling

In related news, SVP Robert Thomas sold 25,000 shares of International Business Machines stock in a transaction dated 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 completion of the transaction, the senior vice president owned 47,800 shares in the company, valued at approximately $11,009,296. This trade represents a 34.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.27% of the company’s stock.

International Business Machines News Roundup

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

• Positive Sentiment: IBM reported third-quarter revenue of $17.1 billion, up 4.7% year over year, while adjusted EPS of $2.95 exceeded analyst expectations. Software growth accelerated to 9% at constant currency, infrastructure demand improved, and operating pretax margins expanded by 70 basis points. IBM Beats Q3 Earnings Estimates on Software, Infrastructure Growth
• Positive Sentiment: Management raised its full-year free-cash-flow outlook, supported by stronger software performance, Red Hat demand and enterprise AI activity. Transaction-processing revenue also rose 10%, suggesting improving demand in key recurring-revenue businesses. IBM: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Several analysts raised their earnings estimates or price targets following the results. Erste Group increased its FY2027 EPS forecast to $13.40 from $13.13, while JPMorgan, RBC and Stifel reiterated positive ratings and lifted targets. IBM Analyst Estimates and Ratings
• Neutral Sentiment: IBM’s updated FY2026 revenue guidance of $70.2 billion to $70.9 billion broadly brackets the $70.4 billion consensus estimate. The outlook was not meaningfully raised, leaving investors focused on whether the software rebound can continue.
• Neutral Sentiment: IBM declared a quarterly dividend of $1.69 per share, or $6.76 annualized, reinforcing its appeal to income-oriented investors. A separate dividend-stock article highlighted IBM’s decades-long record of payout increases. IBM Declares $1.69 Dividend
• Negative Sentiment: Investors remain concerned that roughly half of the software growth benefited from the Confluent acquisition and that management’s unchanged revenue outlook implies slower growth later in the year. IBM’s comments that lower-cost, open-weight AI models can deliver comparable performance also raised questions about pricing power and AI monetization. Why Isn’t IBM’s Stock Bouncing Back After Strong Earnings Results?
• Negative Sentiment: Some analysts view IBM’s valuation as demanding relative to its modest underlying growth, while slower Consulting performance, debt and uncertainty over the durability of the software rebound could limit further upside.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Weiss Ratings upgraded International Business Machines from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 14th. JPMorgan Chase & Co. upped their target price on International Business Machines from $250.00 to $269.00 and gave the stock an “overweight” rating in a report on Thursday. HSBC reduced their price target on International Business Machines from $175.00 to $174.00 in a research report on Friday, July 24th. Wall Street Zen raised International Business Machines from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, Oppenheimer downgraded International Business Machines from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 15th. Twenty investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have 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 target price of $266.12.

International Business Machines Profile

International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology and consulting company that helps organizations modernize their information technology and business operations. Its offerings include hybrid cloud solutions, artificial intelligence software and services, enterprise software, IT infrastructure, cybersecurity, data analytics, and technology consulting.

IBM provides products and services to businesses, governments, and other institutions across industries and regions worldwide.