International Business Machines Corporation $IBM Shares Bought by Conning Inc.

Conning Inc. increased its stake in International Business Machines Corporation (NYSE:IBM) by 2,312.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 124,821 shares of the technology company’s stock after buying an additional 119,648 shares during the quarter. International Business Machines comprises 1.2% of Conning Inc.’s portfolio, making the stock its 17th largest position. Conning Inc.’s holdings in International Business Machines were worth $35,219,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of IBM. Whelan Financial raised its stake in shares of International Business Machines by 2.4% during the second quarter. Whelan Financial now owns 1,525 shares of the technology company’s stock valued at $450,000 after purchasing an additional 36 shares during the period. Ignite Planners LLC boosted its stake in shares of International Business Machines by 0.9% in the second quarter. Ignite Planners LLC now owns 3,964 shares of the technology company’s stock valued at $1,133,000 after purchasing an additional 36 shares during the period. Vishria Bird Financial Group LLC grew its holdings in International Business Machines by 3.0% during the 3rd quarter. Vishria Bird Financial Group LLC now owns 1,230 shares of the technology company’s stock valued at $347,000 after purchasing an additional 36 shares in the last quarter. Prosperitas Financial LLC increased its stake in International Business Machines by 2.9% during the 3rd quarter. Prosperitas Financial LLC now owns 1,260 shares of the technology company’s stock worth $356,000 after buying an additional 36 shares during the period. Finally, TI Trust Inc. lifted its holdings in International Business Machines by 0.8% in the 3rd quarter. TI Trust Inc. now owns 4,492 shares of the technology company’s stock worth $1,267,000 after buying an additional 37 shares in the last quarter. 58.96% of the stock is currently owned by hedge funds and other institutional investors.

International Business Machines Price Performance

Shares of IBM opened at $308.61 on Thursday. International Business Machines Corporation has a 52 week low of $214.50 and a 52 week high of $324.90. The company has a current ratio of 0.93, a quick ratio of 0.89 and a debt-to-equity ratio of 1.97. The firm has a market cap of $288.47 billion, a price-to-earnings ratio of 36.92, a PEG ratio of 2.82 and a beta of 0.70. The stock has a 50 day moving average of $303.78 and a 200-day moving average of $282.32.

International Business Machines (NYSE:IBM) last announced its quarterly earnings data on Wednesday, October 22nd. The technology company reported $2.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.45 by $0.20. The firm had revenue of $16.33 billion for the quarter, compared to analysts’ expectations of $16.10 billion. International Business Machines had a return on equity of 37.76% and a net margin of 12.09%.The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period last year, the business posted $2.30 earnings per share. As a group, analysts forecast that International Business Machines Corporation will post 10.78 EPS for the current year.

International Business Machines Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 10th were issued a $1.68 dividend. The ex-dividend date of this dividend was Monday, November 10th. This represents a $6.72 annualized dividend and a dividend yield of 2.2%. International Business Machines’s payout ratio is 80.38%.

International Business Machines News Roundup

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

• Positive Sentiment: Bank of America raised its price target on IBM from $315 to $335 and kept a “buy” rating, giving the stock renewed upward momentum and signaling analyst confidence in IBM’s outlook and valuation. Benzinga: Bank of America price target raise
• Positive Sentiment: Confluent cleared a key U.S. antitrust hurdle tied to its deal with IBM — progress that reduces regulatory risk around the transaction and supports the strategic rationale for the acquisition. Confluent Clears Key U.S. Antitrust Hurdle in IBM Deal
• Positive Sentiment: IBM Vice Chairman Gary Cohn publicly expressed bullish views on the economy in a CNBC interview, which can lift sentiment for cyclical tech demand and enterprise IT spending that benefits IBM. I am bullish on the economy, says IBM Vice Chairman Gary Cohn
• Neutral Sentiment: IBM scheduled its Q4 2025 earnings call for Jan. 28, 2026 (5:00 p.m.). The upcoming report is a near-term catalyst — results and guidance will likely drive volatility and could validate recent analyst upgrades. IBM to Announce Fourth-Quarter 2025 Financial Results
• Neutral Sentiment: Market commentary shows IBM is trending among analysts with mixed short-term performance (weekly gain, monthly slip), indicating differing time-horizon views and near-term uncertainty. International Business Machines Stock Trending Among Analysts
• Neutral Sentiment: Analyst insight pieces and broader tech-investment themes (AI/defense/quantum) reference leaders like NVDA and competition in AI — these frames affect sector multiples and investor rotation but aren’t IBM-specific catalysts. AI, Defense & Quantum Drive 2026 Investment: NVDA and 2 More to Lead
• Negative Sentiment: A Zacks comparison argued Microsoft (MSFT) is a better buy given a stronger AI edge and growth outlook, which can pressure IBM’s multiple as investors favor higher-growth AI leaders over value/transition stories. IBM vs. MSFT: Which Cloud & AI Tech Giant is a Better Buy?
• Neutral Sentiment: Recent analyst write-ups (e.g., Globe and Mail) provide mixed insights on IBM’s business lines, contributing context but not a clear directional push. Analysts Offer Insights on Technology Companies: IBM and Lattice Semiconductor

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on IBM. Morgan Stanley lowered their target price 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. UBS Group restated a “sell” rating on shares of International Business Machines in a research note on Tuesday, December 9th. Stifel Nicolaus lifted their price objective on International Business Machines from $295.00 to $325.00 and gave the stock a “buy” rating in a report on Tuesday, December 9th. Erste Group Bank upgraded International Business Machines from a “hold” rating to a “buy” rating in a research note on Friday, December 5th. Finally, Weiss Ratings upgraded shares of International Business Machines from a “hold (c+)” rating to a “buy (b)” rating in a research note on Saturday, October 25th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, International Business Machines has an average rating of “Moderate Buy” and a consensus price target of $303.38.

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.