Garland Capital Management Inc. Sells 4,242 Shares of International Business Machines Corporation $IBM

Garland Capital Management Inc. reduced its position in International Business Machines Corporation (NYSE:IBM) by 73.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,570 shares of the technology company’s stock after selling 4,242 shares during the period. International Business Machines accounts for about 6.1% of Garland Capital Management Inc.’s holdings, making the stock its 5th largest holding. Garland Capital Management Inc.’s holdings in International Business Machines were worth $443,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Concord Wealth Partners increased its position in shares of International Business Machines by 15.6% in the third quarter. Concord Wealth Partners now owns 7,172 shares of the technology company’s stock worth $2,024,000 after acquiring an additional 968 shares in the last quarter. MMA Asset Management LLC purchased a new position in International Business Machines in the 3rd quarter worth approximately $294,000. Thompson Davis & CO. Inc. lifted its position in shares of International Business Machines by 32.5% during the third quarter. Thompson Davis & CO. Inc. now owns 1,047 shares of the technology company’s stock worth $295,000 after purchasing an additional 257 shares in the last quarter. Prime Capital Investment Advisors LLC grew its holdings in International Business Machines by 1.6% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 38,178 shares of the technology company’s stock valued at $10,772,000 after purchasing an additional 600 shares in the last quarter. Finally, SlateStone Wealth LLC lifted its holdings in International Business Machines by 1.3% in the 3rd quarter. SlateStone Wealth LLC now owns 10,734 shares of the technology company’s stock worth $3,029,000 after buying an additional 133 shares in the last quarter. 58.96% of the stock is owned by institutional investors and hedge funds.

International Business Machines Stock Performance

Shares of NYSE IBM opened at $299.09 on Friday. International Business Machines Corporation has a 1 year low of $214.50 and a 1 year high of $324.90. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.92 and a current ratio of 0.96. The stock has a fifty day moving average price of $302.10 and a two-hundred day moving average price of $283.63. The firm has a market cap of $279.57 billion, a P/E ratio of 26.82, a PEG ratio of 2.91 and a beta of 0.69.

International Business Machines (NYSE:IBM) last released its earnings results on Wednesday, January 28th. The technology company reported $4.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.33 by $0.19. International Business Machines had a return on equity of 38.15% and a net margin of 15.69%.The firm had revenue of $19.69 billion for the quarter, compared to analyst estimates of $19.23 billion. During the same period in the previous year, the company earned $3.92 earnings per share. International Business Machines’s revenue was up 12.2% compared to the same quarter last year. Research analysts forecast that International Business Machines Corporation will post 10.78 EPS for the current fiscal year.

International Business Machines Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 10th will be issued a $1.68 dividend. The ex-dividend date is Tuesday, February 10th. This represents a $6.72 dividend on an annualized basis and a dividend yield of 2.2%. International Business Machines’s dividend payout ratio is presently 60.27%.

Insiders Place Their Bets

In related news, Director David N. Farr purchased 1,000 shares of the firm’s stock in a transaction that occurred on Friday, January 30th. The stock was acquired 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 owned 9,258 shares in the company, valued at $2,814,432. This trade represents a 12.11% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.18% of the company’s stock.

More International Business Machines News

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

• Positive Sentiment: IBM won a role on the Missile Defense Agency’s SHIELD program — an IDIQ contract framework with a $151 billion ceiling — reinforcing its government/defense pipeline and validating IBM’s AI and systems capabilities for large, long-duration contracts. IBM to Support Missile Defense Agency SHIELD Contract
• Positive Sentiment: IBM added PepsiCo’s CEO to its board, signaling strengthened governance and bringing a consumer-industry perspective that can support IBM’s go-to-market and valuation narrative as it pushes AI offerings. IBM Adds PepsiCo CEO To Board As AI And Valuation Story Evolves
• Positive Sentiment: High-profile endorsement: Jim Cramer publicly praised IBM’s CEO, which can lift retail and momentum sentiment in the near term. My Hat’s Off to International Business Machines (IBM) CEO, Says Jim Cramer
• Positive Sentiment: Several bullish write-ups and investor-focused pieces outline a constructive case for IBM’s AI and hybrid-cloud-driven earnings upside, supporting buy-side interest. International Business Machines Corporation (IBM): A Bull Case Theory
• Neutral Sentiment: Missouri AG and IBM reached a settlement in a discrimination lawsuit — this removes litigation uncertainty but the story’s financial impact appears limited/contained based on available reporting. Missouri attorney general’s office and IBM reach settlement in discrimination lawsuit
• Neutral Sentiment: Coverage notes that IBM is navigating market headwinds even as it advances its AI push — a reminder of mixed macro/sector pressures versus the company’s strategic progress. IBM Shares Navigate Market Headwinds Amid AI Push
• Neutral Sentiment: A sector piece on quantum-computing outlooks highlights other players (e.g., IONQ) as quantum growth cools; quantum remains a long-term theme but is not an immediate revenue driver for IBM. Quantum Computing 2026 Outlook: 2 Stocks for Long-Term Upside
• Negative Sentiment: Technicals: some coverage flags IBM falling below its 100-day moving average, which can prompt short-term selling or caution among momentum/technical traders. As IBM Stock Breaks Below Its 100-Day Moving Average, Should You Buy the Dip?

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of International Business Machines in a research report on Wednesday, December 10th. Oppenheimer set a $380.00 price objective on International Business Machines and gave the stock an “outperform” rating in a research note on Thursday, January 29th. Morgan Stanley set a $304.00 target price on shares of International Business Machines in a report on Thursday, January 29th. BMO Capital Markets reissued a “market perform” rating and issued a $350.00 target price on shares of International Business Machines in a report on Thursday, January 29th. Finally, Royal Bank Of Canada set a $361.00 target price on International Business Machines in a report on Thursday, January 29th. One research 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 company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $330.07.

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.