Cullen Frost Bankers Inc. Purchases 3,227 Shares of International Business Machines Corporation $IBM

Cullen Frost Bankers Inc. grew its holdings in International Business Machines Corporation (NYSE:IBM) by 3.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 88,856 shares of the technology company’s stock after purchasing an additional 3,227 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in International Business Machines were worth $25,072,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Mattson Financial Services LLC acquired a new position in International Business Machines in the third quarter valued at about $852,000. Vise Technologies Inc. acquired a new position in shares of International Business Machines in the 2nd quarter valued at approximately $16,565,000. Vanguard Group Inc. increased its stake in International Business Machines by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 95,051,475 shares of the technology company’s stock worth $28,019,274,000 after purchasing an additional 1,913,708 shares in the last quarter. Thames Capital Management LLC acquired a new stake in International Business Machines during the 2nd quarter worth approximately $2,710,000. Finally, CWM LLC raised its holdings in International Business Machines by 3.0% during the 2nd quarter. CWM LLC now owns 122,623 shares of the technology company’s stock worth $36,147,000 after buying an additional 3,537 shares during the period. Institutional investors and hedge funds own 58.96% of the company’s stock.

Wall Street Analysts Forecast Growth

IBM has been the subject of several research analyst reports. Oppenheimer initiated coverage on shares of International Business Machines in a report on Friday, November 21st. They issued an “outperform” rating and a $360.00 price target for the company. Royal Bank Of Canada increased their target price on International Business Machines from $300.00 to $350.00 and gave the stock an “outperform” rating in a report on Monday, January 5th. Evercore ISI lifted their price target on International Business Machines from $315.00 to $330.00 and gave the company an “outperform” rating in a research note on Tuesday. Bank of America upped their price objective on International Business Machines from $315.00 to $335.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Finally, Sanford C. Bernstein reissued a “market perform” rating on shares of International Business Machines in a research report on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, International Business Machines presently has an average rating of “Moderate Buy” and an average price target of $306.86.

Key International Business Machines News

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

• Positive Sentiment: JPMorgan and other analysts are bullish — a JPMorgan analyst said IBM’s stock is likely to rise, and other outlets report the stock trading higher following an analyst upgrade, providing near‑term buying interest ahead of earnings. International Business Machines (NYSE:IBM) Stock Price Expected to Rise Trading 2.1% Higher After Analyst Upgrade
• Positive Sentiment: Evercore ISI raised its price target to $330 and added IBM to a tactical outperform list — a clear signal that some brokers see upside from current levels. Evercore ISI raises IBM price target to $330
• Positive Sentiment: Jefferies reiterates a Buy and sees potential reacceleration in software growth heading into the print — this supports expectations for upward estimate revisions in 2026. IBM software growth seen reaccelerating ahead of earnings: Jefferies
• Positive Sentiment: Research and product catalysts: IBM’s new machine‑learning model for chip design (with Ansys and DARPA) is being touted as meaningful for next‑gen chips — a longer‑term tech differentiator tied to its AI strategy. Why IBM’s New Machine‑Learning Model Is a Big Deal
• Positive Sentiment: Multiple earnings previews (Seeking Alpha, Zacks, The Motley Fool) highlight stronger Q4 prospects driven by consulting (AI uptake, Microsoft partnership), software/watsonx tailwinds and the Confluent deal — these previews raise the odds of an upside surprise. IBM Q4 Earnings Preview Unlocking Q4 Potential of IBM
• Neutral Sentiment: Reminder: IBM’s earnings date is Jan. 28 — expectations are elevated, so the report could amplify volatility. Mark Your Calendars for January 28
• Neutral Sentiment: Analyst commentary and roundup pieces (CNBC/Benzinga, Yahoo) largely expect a solid quarter but differ on valuation timing — useful for positioning but not immediate catalysts. CNBC Final Trades
• Negative Sentiment: Short‑term price weakness: coverage notes and market pieces report the stock has slid recently despite higher targets — signaling profit‑taking and that upgrades aren’t fully translating into immediate gains. IBM Stock Slides Even as Analysts Raise Targets

International Business Machines Stock Down 0.8%

NYSE:IBM opened at $292.43 on Friday. International Business Machines Corporation has a twelve month low of $214.50 and a twelve month high of $324.90. The firm has a market capitalization of $273.35 billion, a price-to-earnings ratio of 34.98, a price-to-earnings-growth ratio of 2.83 and a beta of 0.70. The company has a quick ratio of 0.89, a current ratio of 0.93 and a debt-to-equity ratio of 1.97. The stock’s 50 day moving average price is $302.13 and its two-hundred day moving average price is $282.63.

International Business Machines (NYSE:IBM) last issued its earnings results on Wednesday, October 22nd. The technology company reported $2.65 earnings per share for the quarter, topping analysts’ consensus estimates of $2.45 by $0.20. International Business Machines had a net margin of 12.09% and a return on equity of 37.76%. The business had revenue of $16.33 billion for the quarter, compared to the consensus estimate of $16.10 billion. During the same period in the previous year, the company earned $2.30 earnings per share. The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. Equities research analysts expect that International Business Machines Corporation will post 10.78 earnings per share for the current fiscal year.

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.