National Pension Service Has $632.35 Million Stock Position in International Business Machines Corporation $IBM

National Pension Service boosted its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 2.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,241,113 shares of the technology company’s stock after acquiring an additional 63,087 shares during the quarter. National Pension Service owned 0.24% of International Business Machines worth $632,352,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in IBM. McKinley Carter Wealth Services Inc. lifted its position in shares of International Business Machines by 8.0% in the third quarter. McKinley Carter Wealth Services Inc. now owns 981 shares of the technology company’s stock worth $277,000 after purchasing an additional 73 shares in the last quarter. Bryn Mawr Trust Advisors LLC lifted its position in International Business Machines by 0.4% in the 3rd quarter. Bryn Mawr Trust Advisors LLC now owns 57,643 shares of the technology company’s stock worth $16,264,000 after buying an additional 235 shares in the last quarter. Cornerstone Wealth Management LLC boosted its stake in shares of International Business Machines by 2.5% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 43,102 shares of the technology company’s stock valued at $12,162,000 after buying an additional 1,042 shares during the period. AlphaQuest LLC grew its holdings in shares of International Business Machines by 286,800.0% during the 3rd quarter. AlphaQuest LLC now owns 2,869 shares of the technology company’s stock valued at $810,000 after acquiring an additional 2,868 shares in the last quarter. Finally, Argent Advisors Inc. grew its holdings in shares of International Business Machines by 4.7% during the 3rd quarter. Argent Advisors Inc. now owns 4,618 shares of the technology company’s stock valued at $1,303,000 after acquiring an additional 208 shares in the last quarter. Institutional investors and hedge funds own 58.96% of the company’s stock.

International Business Machines Stock Performance

NYSE:IBM opened at $306.48 on Friday. The firm has a market capitalization of $286.48 billion, a PE ratio of 27.49, a PEG ratio of 2.99 and a beta of 0.70. International Business Machines Corporation has a 1 year low of $214.50 and a 1 year high of $324.90. The company has a current ratio of 0.96, a quick ratio of 0.89 and a debt-to-equity ratio of 1.67. The firm’s fifty day simple moving average is $302.85 and its 200 day simple moving average is $283.14.

International Business Machines (NYSE:IBM) last released its quarterly earnings results on Wednesday, January 28th. The technology company reported $4.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.33 by $0.19. The company had revenue of $19.69 billion during the quarter, compared to analysts’ expectations of $19.23 billion. International Business Machines had a net margin of 15.69% and a return on equity of 38.15%. The business’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the company earned $3.92 earnings per share. On average, sell-side analysts anticipate 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 will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 10th will be given a $1.68 dividend. This represents a $6.72 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, February 10th. International Business Machines’s payout ratio is currently 60.27%.

Insider Buying and Selling

In other International Business Machines news, Director David N. Farr purchased 1,000 shares of the business’s stock in a transaction dated Friday, January 30th. The stock was bought at an average cost of $304.00 per share, for a total transaction of $304,000.00. Following the completion of the acquisition, the director directly owned 9,258 shares in the company, valued at $2,814,432. This represents a 12.11% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.18% of the stock is currently owned by corporate insiders.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: Q4 beat and upgraded 2026 revenue outlook — IBM reported better‑than‑expected Q4 EPS and revenue, highlighted strong software and AI (watsonx/Red Hat) momentum, and gave FY‑2026 revenue guidance above Street consensus. These fundamentals are the primary driver of recent upside interest. IBM Q4 Earnings Surpass Estimates
• Positive Sentiment: AI & software growth narrative strengthened — Management said AI‑related revenue and software growth powered the quarter (software +14%, infrastructure +21%), and IBM is positioning with its Confluent acquisition to expand data streaming for AI workloads — a strategic tailwind for valuation. Analysis Of IBM’s Confluent Acquisition
• Positive Sentiment: Analyst upgrades and higher targets — Multiple firms lifted price targets and reiterated buy/outperform views after the quarter (Evercore to $345 outperf; JPMorgan raised its target). Upgrades add buying pressure and validate management’s AI story. Evercore Raises Target JPMorgan Raises IBM Target
• Positive Sentiment: Shareholder returns intact — IBM declared its quarterly dividend ($1.68 per share), supporting income investors and signaling confidence in cash flow. (Ex‑dividend date noted in company disclosures.)
• Positive Sentiment: Board addition brings operating experience — IBM elected Ramon L. Laguarta (former PepsiCo CEO) to the board, adding consumer‑sector and global ops expertise that investors often view as governance strength. IBM Elects Ramon L. Laguarta
• Neutral Sentiment: Large bond sale draws attention to funding and leverage — IBM has launched multi‑part bond offerings (euro and dollar) to fund deals and operations; investors are parsing issuance size, yields and the impact on balance‑sheet leverage. This is a funding update rather than an earnings surprise, so impact is mixed. IBM Bond Sale Puts Fresh Funding And Valuation In Investor Focus
• Negative Sentiment: Bearish/critical takes remain — Some analysts and commentaries highlight risks (execution, macro sensitivity, or areas of weakness) and published critical pieces framing cautionary scenarios that can pressure sentiment after initial euphoria. IBM: Limping Into 2026

Wall Street Analyst Weigh In

A number of analysts recently issued reports on IBM shares. Evercore ISI lifted their price objective on International Business Machines from $330.00 to $345.00 and gave the company an “outperform” rating in a research report on Thursday. Royal Bank Of Canada set a $361.00 price target on International Business Machines in a research note on Thursday. Bank of America boosted their price target on International Business Machines from $315.00 to $335.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Wedbush raised their price objective on shares of International Business Machines from $325.00 to $340.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, Stifel Nicolaus lifted their target price on shares of International Business Machines from $325.00 to $340.00 and gave the company a “buy” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, International Business Machines currently has a consensus rating of “Moderate Buy” and an average target price of $330.07.

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.