Donaldson Capital Management LLC Increases Stock Holdings in International Business Machines Corporation $IBM

Donaldson Capital Management LLC raised its position in shares of International Business Machines Corporation (NYSE:IBM) by 1,510.3% in the third quarter, Holdings Channel.com reports. The fund owned 160,818 shares of the technology company’s stock after buying an additional 150,831 shares during the quarter. International Business Machines comprises approximately 1.4% of Donaldson Capital Management LLC’s holdings, making the stock its 28th largest position. Donaldson Capital Management LLC’s holdings in International Business Machines were worth $45,376,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of IBM. Brighton Jones LLC increased its position in shares of International Business Machines by 12.4% in the 4th quarter. Brighton Jones LLC now owns 21,011 shares of the technology company’s stock worth $4,619,000 after purchasing an additional 2,323 shares during the last quarter. Sivia Capital Partners LLC grew its stake in shares of International Business Machines by 10.6% in the second quarter. Sivia Capital Partners LLC now owns 1,938 shares of the technology company’s stock worth $571,000 after purchasing an additional 186 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of International Business Machines by 10.3% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 134,885 shares of the technology company’s stock valued at $39,761,000 after acquiring an additional 12,644 shares in the last quarter. DHJJ Financial Advisors Ltd. boosted its stake in International Business Machines by 273.4% during the second quarter. DHJJ Financial Advisors Ltd. now owns 519 shares of the technology company’s stock valued at $153,000 after buying an additional 380 shares in the last quarter. Finally, Stock Yards Bank & Trust Co. grew its position in International Business Machines by 3.7% in the second quarter. Stock Yards Bank & Trust Co. now owns 26,279 shares of the technology company’s stock worth $7,747,000 after buying an additional 945 shares during the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.

International Business Machines Price Performance

International Business Machines stock opened at $306.48 on Friday. International Business Machines Corporation has a 12 month low of $214.50 and a 12 month high of $324.90. The company has a market capitalization of $286.48 billion, a price-to-earnings ratio of 27.49, a PEG ratio of 2.99 and a beta of 0.70. The stock’s 50 day moving average is $302.85 and its 200-day moving average is $283.15. The company has a current ratio of 0.96, a quick ratio of 0.89 and a debt-to-equity ratio of 1.67.

International Business Machines (NYSE:IBM) last posted its quarterly earnings data 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 firm had revenue of $19.69 billion during the quarter, compared to the consensus estimate 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 revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.92 EPS. Equities research analysts expect 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 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 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Tuesday, February 10th. International Business Machines’s payout ratio is 60.27%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on IBM shares. BMO Capital Markets reissued a “market perform” rating and issued a $350.00 price objective on shares of International Business Machines in a research note on Thursday. Argus set a $360.00 price objective on International Business Machines in a research report on Friday. Oppenheimer set a $380.00 price target on International Business Machines and gave the company an “outperform” rating in a report on Thursday. Royal Bank Of Canada set a $361.00 target price on International Business Machines in a report on Thursday. Finally, Dbs Bank upgraded International Business Machines from a “hold” rating to a “moderate buy” rating in a research report on Monday, January 19th. One 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $330.07.

Key International Business Machines News

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

Insider Activity

In related news, Director David N. Farr acquired 1,000 shares of International Business Machines stock in a transaction dated Friday, January 30th. The stock was bought at an average price of $304.00 per share, with a total value of $304,000.00. Following the transaction, the director directly owned 9,258 shares in the company, valued at $2,814,432. This represents a 12.11% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. 0.18% of the stock is owned by corporate insiders.

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.