Global Assets Advisory LLC raised its holdings in shares of International Business Machines Corporation (NYSE:IBM – Free Report) by 33.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 12,044 shares of the technology company’s stock after purchasing an additional 3,024 shares during the quarter. International Business Machines comprises about 1.0% of Global Assets Advisory LLC’s holdings, making the stock its 17th biggest position. Global Assets Advisory LLC’s holdings in International Business Machines were worth $3,398,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Family CFO Inc acquired a new position in International Business Machines in the 2nd quarter valued at about $25,000. Winnow Wealth LLC purchased a new stake in International Business Machines in the second quarter valued at $27,000. Mountain Hill Investment Partners Corp. acquired a new position in shares of International Business Machines in the 3rd quarter valued at $28,000. Highline Wealth Partners LLC grew its holdings in shares of International Business Machines by 85.0% during the 2nd quarter. Highline Wealth Partners LLC now owns 111 shares of the technology company’s stock worth $33,000 after purchasing an additional 51 shares during the period. Finally, Copia Wealth Management grew its holdings in shares of International Business Machines by 57.6% during the 2nd quarter. Copia Wealth Management now owns 134 shares of the technology company’s stock worth $40,000 after purchasing an additional 49 shares during the period. 58.96% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of research analysts have commented on the stock. Stifel Nicolaus upped their target price on shares of International Business Machines from $295.00 to $325.00 and gave the company a “buy” rating in a research report on Tuesday, December 9th. UBS Group reiterated a “sell” rating on shares of International Business Machines in a report on Tuesday, December 9th. Royal Bank Of Canada raised their price objective on shares of International Business Machines from $300.00 to $350.00 and gave the company an “outperform” rating in a report on Monday, January 5th. Erste Group Bank upgraded shares of International Business Machines from a “hold” rating to a “buy” rating in a report on Friday, December 5th. Finally, JPMorgan Chase & Co. upped their target price on shares of International Business Machines from $290.00 to $312.00 and gave the company a “neutral” rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $306.86.
International Business Machines Stock Performance
Shares of NYSE IBM opened at $292.43 on Friday. The company has a 50-day simple moving average of $302.13 and a 200-day simple moving average of $282.63. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.93 and a quick ratio of 0.89. The company has a market cap of $273.35 billion, a PE ratio of 34.98, a price-to-earnings-growth ratio of 2.83 and a beta of 0.70. International Business Machines Corporation has a 12 month low of $214.50 and a 12 month high of $324.90.
International Business Machines (NYSE:IBM – Get Free Report) last announced its quarterly earnings data on Wednesday, October 22nd. The technology company reported $2.65 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $16.33 billion during the quarter, compared to analysts’ expectations of $16.10 billion. During the same period in the previous year, the company earned $2.30 EPS. The business’s quarterly revenue was up 9.1% compared to the same quarter last year. On average, equities analysts anticipate that International Business Machines Corporation will post 10.78 earnings per share for the current year.
More 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 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.
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