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

National Pension Service increased its position in shares of International Business Machines Corporation (NYSE:IBM) by 2.9% during the third quarter, Holdings Channel reports. The institutional investor owned 2,241,113 shares of the technology company’s stock after purchasing an additional 63,087 shares during the quarter. National Pension Service’s holdings in International Business Machines were worth $632,352,000 as of its most recent filing with the Securities & Exchange Commission.

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

International Business Machines Trading Down 0.9%

Shares of IBM opened at $306.48 on Friday. The stock’s fifty day simple moving average is $302.85 and its 200-day simple moving average is $283.14. The company has a quick ratio of 0.89, a current ratio of 0.96 and a debt-to-equity ratio of 1.67. The firm has a market capitalization of $286.48 billion, a PE ratio of 27.49, a price-to-earnings-growth ratio of 2.99 and a beta of 0.70. International Business Machines Corporation has a 12-month low of $214.50 and a 12-month high of $324.90.

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, beating analysts’ consensus estimates of $4.33 by $0.19. The company had revenue of $19.69 billion for 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 company’s revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the company 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 firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 10th will be issued a dividend of $1.68 per share. This represents a $6.72 dividend on an annualized basis 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 Activity at International Business Machines

In related news, Director David N. Farr purchased 1,000 shares of the business’s stock in a transaction dated Friday, January 30th. The shares were bought at an average price of $304.00 per share, with a total value of $304,000.00. Following the purchase, the director directly owned 9,258 shares in the company, valued at $2,814,432. This trade represents a 12.11% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.18% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on IBM. Weiss Ratings reiterated a “buy (b)” rating on shares of International Business Machines in a research report on Thursday, January 22nd. Bank of America lifted their price objective on International Business Machines from $315.00 to $335.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Dbs Bank raised International Business Machines from a “hold” rating to a “moderate buy” rating in a report on Monday, January 19th. Oppenheimer set a $380.00 target price on International Business Machines and gave the stock an “outperform” rating in a research report on Thursday. Finally, Sanford C. Bernstein reiterated a “market perform” rating on shares of International Business Machines in a research report on Wednesday, December 10th. 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, International Business Machines currently has an average rating of “Moderate Buy” and a consensus price target of $330.07.

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

About International Business Machines

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.