Generali Asset Management SPA SGR Cuts Stake in International Business Machines Corporation $IBM

Generali Asset Management SPA SGR reduced its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 8.8% during the third quarter, Holdings Channel reports. The fund owned 72,221 shares of the technology company’s stock after selling 6,928 shares during the period. Generali Asset Management SPA SGR’s holdings in International Business Machines were worth $20,378,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Family CFO Inc bought a new position in shares of International Business Machines during the 2nd quarter valued at $25,000. Winnow Wealth LLC bought a new stake in International Business Machines in the second quarter worth $27,000. Silicon Valley Capital Partners boosted its position in International Business Machines by 322.6% during the first quarter. Silicon Valley Capital Partners now owns 131 shares of the technology company’s stock valued at $32,000 after buying an additional 100 shares during the period. Highline Wealth Partners LLC boosted its position in International Business Machines by 85.0% during the second quarter. Highline Wealth Partners LLC now owns 111 shares of the technology company’s stock valued at $33,000 after buying an additional 51 shares during the period. Finally, Copia Wealth Management grew its stake in shares of International Business Machines by 57.6% during the second quarter. Copia Wealth Management now owns 134 shares of the technology company’s stock valued at $40,000 after buying an additional 49 shares during the last quarter. 58.96% of the stock is owned by hedge funds and other institutional investors.

International Business Machines News Roundup

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

• Positive Sentiment: Long-term bullish takes highlight IBM’s leadership in quantum computing — analysts and commentators point to IBM’s clear roadmap, R&D resources and enterprise positioning as reasons it could be one of the better quantum plays over the next decade. What Is One of the Best Quantum Computing Stocks to Own for the Next 10 Years?
• Positive Sentiment: Coverage of the quantum sector frames IBM as a lower-risk way to get quantum exposure because it pairs quantum R&D with a diversified, cash-generating legacy business — a point that supports longer-term investor confidence. (MarketBeat summary)
• Positive Sentiment: Sector pieces forecasting quantum and AI growth (including Zacks’ roundup) list IBM among the industry winners, reinforcing a durable growth narrative that can support higher valuation expectations over time. Quantum Investing in 2026: Hit the Jackpot With the Best 3 Stocks
• Neutral Sentiment: IBM published views on AI trends for 2026 (expecting smarter models vs. simply bigger ones); this supports strategy credibility but is a gradual, not immediate, catalyst. What Will AI Progress Look Like in 2026? IBM Gives Its Prediction
• Neutral Sentiment: Zacks’ analyst model changes are mixed: small upward tweaks to FY2026/FY2027 and Q4/Q3 2026 EPS, alongside a tiny cut to a later-quarter estimate — overall not a major revision but it adds nuance to near-term expectations. (Research-note summaries)
• Negative Sentiment: Wall Street reaction to IBM’s recent Confluent acquisition remains mixed; some analysts see strategic upside for enterprise generative AI, while others remain cautious — the divergence can pressure the stock as investors reassess integration risk and near-term costs. Wall Street Has a Mixed Opinion in International Business Machines (IBM), Here’s Why
• Negative Sentiment: Intraday market data shows IBM’s decline is large enough to weigh on passive funds (VOO noted IBM as a contributor to its drop), indicating broad-market selling pressure beyond company-specific fundamentals. VOO is down 0.4% today, on IBM stock price movement

International Business Machines Price Performance

IBM opened at $296.07 on Friday. 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 stock has a market capitalization of $276.75 billion, a PE ratio of 35.42, a price-to-earnings-growth ratio of 2.95 and a beta of 0.70. The stock’s 50 day moving average price is $304.87 and its 200-day moving average price is $281.41. International Business Machines Corporation has a 52-week low of $214.50 and a 52-week high of $324.90.

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

International Business Machines Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Monday, November 10th were given a dividend of $1.68 per share. The ex-dividend date was Monday, November 10th. This represents a $6.72 annualized dividend and a dividend yield of 2.3%. International Business Machines’s payout ratio is currently 80.38%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on IBM shares. Stifel Nicolaus boosted their target price on International Business Machines from $295.00 to $325.00 and gave the company a “buy” rating in a research note on Tuesday, December 9th. Weiss Ratings raised International Business Machines from a “hold (c+)” rating to a “buy (b)” rating in a research note on Saturday, October 25th. Morgan Stanley dropped their price objective 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. Sanford C. Bernstein restated a “market perform” rating on shares of International Business Machines in a report on Wednesday, December 10th. Finally, Erste Group Bank raised shares of International Business Machines from a “hold” rating to a “buy” rating in a research note on Friday, December 5th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $293.38.

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.