Chase Investment Counsel Corp Makes New $757,000 Investment in International Business Machines Corporation $IBM

Chase Investment Counsel Corp bought a new stake in International Business Machines Corporation (NYSE:IBM) during the third quarter, HoldingsChannel reports. The firm bought 2,684 shares of the technology company’s stock, valued at approximately $757,000.

Other large investors have also modified their holdings of the company. Mufg Securities Americas Inc. grew its stake in International Business Machines by 22.0% in the third quarter. Mufg Securities Americas Inc. now owns 25,120 shares of the technology company’s stock worth $7,088,000 after purchasing an additional 4,522 shares in the last quarter. Krane Funds Advisors LLC lifted its holdings in International Business Machines by 8.3% during the 3rd quarter. Krane Funds Advisors LLC now owns 1,939 shares of the technology company’s stock worth $539,000 after buying an additional 149 shares during the last quarter. Baldwin Investment Management LLC lifted its holdings in International Business Machines by 25.4% during the 3rd quarter. Baldwin Investment Management LLC now owns 6,304 shares of the technology company’s stock worth $1,779,000 after buying an additional 1,275 shares during the last quarter. Lcnb Corp grew its position in shares of International Business Machines by 9.1% in the 3rd quarter. Lcnb Corp now owns 4,693 shares of the technology company’s stock worth $1,324,000 after acquiring an additional 390 shares in the last quarter. Finally, Compound Planning Inc. increased its holdings in shares of International Business Machines by 7.4% in the 3rd quarter. Compound Planning Inc. now owns 31,498 shares of the technology company’s stock valued at $8,887,000 after acquiring an additional 2,167 shares during the last quarter. Institutional investors own 58.96% of the company’s stock.

Key Stories Impacting International Business Machines

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

• Positive Sentiment: IBM is ramping U.S. entry-level hiring (plans to triple entry-level roles), which could support long-term talent and execution as it shifts more work to AI and cloud services. IBM Expands Entry-Level Hiring
• Positive Sentiment: Industry reports name IBM among leaders in healthcare financial analytics and other enterprise segments, highlighting ongoing addressable-market opportunities outside the COBOL/mainframe niche. Healthcare Financial Analytics Industry Report
• Positive Sentiment: Brokerage consensus remains skewed positive overall (consensus “Moderate Buy” in some summaries), meaning some analysts still see upside relative to current depressed prices. Consensus Recommendation
• Neutral Sentiment: Market context: the drop in IBM shares coincides with broader tech/software volatility and a rotation to defensive sectors — some commentators view deeper pullbacks as buying opportunities for select tech names. (Market commentary — no direct company action.)
• Neutral Sentiment: Analyst coverage and price targets remain mixed: several firms maintain buy/outperform views and high targets while at least one firm (UBS) is bearish, reflecting divergent views on IBM’s ability to defend legacy revenue vs. AI-driven growth. QuiverQuant Coverage
• Negative Sentiment: Anthropic’s Claude Code adding COBOL/legacy-code capabilities is the immediate catalyst: investors fear automation will reduce demand for costly, consultant-led COBOL modernization services that have supported IBM’s mainframe ecosystem. IBM’s stock heads for worst month in 34 years
• Negative Sentiment: News coverage reports a sharp intraday market cap loss and the steepest one-day decline in decades after Anthropic’s launch, amplifying panic selling and momentum pressure. Forbes: IBM Shares Plummet 13%
• Negative Sentiment: Mainstream outlets note the threat specifically to COBOL/mainframe work — a meaningful revenue niche for IBM — which increases near-term uncertainty about consulting and infrastructure services. CNBC: IBM is the latest AI casualty
• Negative Sentiment: Regional press highlights direct risk to IBM’s mainframe business from automated modernization tools, which could pressure services revenue and long-term margins if adoption is rapid. Financial Post: IBM shares plunge

International Business Machines Stock Down 13.4%

IBM opened at $222.64 on Tuesday. International Business Machines Corporation has a 12 month low of $214.50 and a 12 month high of $324.90. The stock’s 50 day moving average price is $292.35 and its 200 day moving average price is $284.26. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.96 and a quick ratio of 0.92. The stock has a market cap of $208.11 billion, a P/E ratio of 19.97, a P/E/G ratio of 2.58 and a beta of 0.69.

International Business Machines (NYSE:IBM) last announced its 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 firm had revenue of $19.69 billion during the quarter, compared to analyst estimates of $19.23 billion. International Business Machines had a net margin of 15.69% and a return on equity of 38.15%. International Business Machines’s revenue was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.92 EPS. As a group, research analysts predict that International Business Machines Corporation will post 10.78 earnings per share for the current year.

International Business Machines Dividend Announcement

The company also recently disclosed 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 annualized dividend and a dividend yield of 3.0%. International Business Machines’s dividend payout ratio is 60.27%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on IBM. DZ Bank upgraded International Business Machines to a “hold” rating in a research note on Wednesday, February 11th. Jefferies Financial Group reissued a “buy” rating on shares of International Business Machines in a report on Monday. Stifel Nicolaus raised their price target on shares of International Business Machines from $325.00 to $340.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. UBS Group set a $317.00 price objective on shares of International Business Machines in a research report on Thursday, January 29th. Finally, Morgan Stanley set a $304.00 price objective on shares of International Business Machines in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $330.07.

Insiders Place Their Bets

In other International Business Machines 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, for a total transaction of $304,000.00. Following the transaction, the director owned 9,258 shares in the company, valued at approximately $2,814,432. This trade represents a 12.11% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.18% of the company’s stock.

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.