Axxcess Wealth Management LLC Grows Stock Holdings in International Business Machines Corporation $IBM

Axxcess Wealth Management LLC raised its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 11.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 47,159 shares of the technology company’s stock after purchasing an additional 4,800 shares during the quarter. Axxcess Wealth Management LLC’s holdings in International Business Machines were worth $13,969,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Basepoint Wealth LLC purchased a new position in International Business Machines in the fourth quarter worth about $25,000. Family CFO Inc purchased a new stake in International Business Machines during the fourth quarter valued at approximately $25,000. Joseph Group Capital Management bought a new stake in shares of International Business Machines in the 4th quarter valued at approximately $28,000. Cornerstone Financial Management LLC bought a new stake in shares of International Business Machines in the 4th quarter valued at approximately $28,000. Finally, SWAN Capital LLC purchased a new position in shares of International Business Machines in the 3rd quarter worth approximately $28,000. 58.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

IBM has been the topic of several recent research reports. Jefferies Financial Group decreased their price target on International Business Machines from $370.00 to $320.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Wall Street Zen lowered shares of International Business Machines from a “hold” rating to a “sell” rating in a research note on Saturday, June 13th. Citigroup increased their target price on shares of International Business Machines from $285.00 to $375.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. Stifel Nicolaus set a $290.00 price target on shares of International Business Machines in a research note on Friday, May 22nd. Finally, Needham & Company LLC initiated coverage on shares of International Business Machines in a report on Wednesday, June 3rd. They set a “buy” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $304.17.

International Business Machines Price Performance

IBM opened at $249.72 on Friday. The business has a fifty day moving average of $251.29 and a 200 day moving average of $268.90. The stock has a market cap of $234.71 billion, a P/E ratio of 22.08, a PEG ratio of 2.72 and a beta of 0.67. The company has a quick ratio of 0.76, a current ratio of 0.80 and a debt-to-equity ratio of 1.75. International Business Machines Corporation has a 52-week low of $212.34 and a 52-week high of $332.46.

International Business Machines (NYSE:IBM) last released its earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.10. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The business had revenue of $15.92 billion for the quarter, compared to analyst estimates of $15.60 billion. During the same quarter last year, the firm posted $1.60 earnings per share. The business’s revenue was up 9.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that International Business Machines Corporation will post 12.38 EPS for the current year.

International Business Machines Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th were issued a $1.69 dividend. The ex-dividend date was Friday, May 8th. This is a boost from International Business Machines’s previous quarterly dividend of $1.68. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.7%. International Business Machines’s dividend payout ratio (DPR) is currently 59.77%.

Key International Business Machines News

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

• Negative Sentiment: IBM shares fell after Accenture narrowed its fiscal 2026 sales guidance, sparking concern that enterprise IT spending and services demand could be softer across the sector.
• Negative Sentiment: Market commentary said IBM stock remained under pressure intraday as traders reacted to the peer warning, with the move extending a recent downtrend in the shares.
• Neutral Sentiment: IBM also released a study highlighting rising AI dependencies and sovereignty risks for enterprises, which reinforces IBM’s positioning in AI governance but is not an immediate earnings catalyst.
• Neutral Sentiment: Reuters reported IBM executives discussing Europe’s push for tech sovereignty at the G7 and VivaTech, underscoring IBM’s relevance in AI and cloud infrastructure discussions, though this is more strategic than market-moving today.
• Positive Sentiment: Separately, IBM Maximo Application Suite was used in a successful SaaS migration for a major Asia-Pacific resort operator, showing continued enterprise adoption of IBM software. Sedin Technologies Completes IBM Maximo Application Suite SaaS Migration for Major Asia-Pacific Resort Operator Across Five Properties

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.