Minneapolis Portfolio Management Group LLC Sells 2,802 Shares of International Business Machines Corporation $IBM

Minneapolis Portfolio Management Group LLC lowered its stake in shares of International Business Machines Corporation (NYSE:IBM) by 2.0% in the second quarter, Holdings Channel reports. The institutional investor owned 139,302 shares of the technology company’s stock after selling 2,802 shares during the period. International Business Machines accounts for approximately 3.7% of Minneapolis Portfolio Management Group LLC’s holdings, making the stock its 11th biggest position. Minneapolis Portfolio Management Group LLC’s holdings in International Business Machines were worth $39,173,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Basepoint Wealth LLC bought a new position in International Business Machines during the fourth quarter valued at about $25,000. Portus Wealth Advisors LLC acquired a new stake in shares of International Business Machines during the 1st quarter worth approximately $26,000. Joseph Group Capital Management acquired a new stake in shares of International Business Machines during the 4th quarter worth approximately $28,000. Cornerstone Financial Management LLC bought a new stake in shares of International Business Machines during the fourth quarter valued at approximately $28,000. Finally, SWAN Capital LLC acquired a new position in shares of International Business Machines in the third quarter valued at $28,000. Institutional investors own 58.96% of the company’s stock.

Analyst Upgrades and Downgrades

IBM has been the topic of a number of recent research reports. Wedbush set a $350.00 price target on shares of International Business Machines in a research note on Tuesday, June 2nd. Bank of America increased their price objective on shares of International Business Machines from $315.00 to $330.00 and gave the company a “buy” rating in a research note on Monday, July 6th. The Goldman Sachs Group set a $270.00 target price on shares of International Business Machines in a research report on Thursday, July 23rd. Barclays lowered their target price on shares of International Business Machines from $288.00 to $262.00 and set an “overweight” rating on the stock in a research note on Thursday, July 23rd. Finally, Susquehanna dropped their price target on shares of International Business Machines from $303.00 to $225.00 and set a “neutral” rating for the company in a research report on Friday, July 24th. Sixteen equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $265.40.

Key Stories Impacting International Business Machines

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

• Positive Sentiment: IBM unveiled a dual-architecture processor for future IBM Z and LinuxONE systems, developed with Arm. The chip is designed to run IBM and Arm instructions concurrently without emulation, allowing customers to use Arm-native applications alongside traditional mainframe workloads. The move could expand IBM’s addressable software ecosystem, support hybrid-cloud and AI workloads, and encourage future mainframe upgrades. IBM Unveils Next Generation Dual-Architecture Processor for IBM Z and LinuxONE
• Positive Sentiment: Commentary is framing the Arm integration as a potentially important AI and enterprise-computing catalyst. The processor is expected to broaden application choices for regulated customers that value IBM’s security and reliability but want access to modern Arm-based software. The commercial benefit is likely longer term because systems using the new design have not yet generated reported revenue. What Could IBM Gain From Its First Dual Architecture Mainframe Processor?
• Neutral Sentiment: IBM’s quantum-computing advances and role in post-quantum cybersecurity add to its long-term technology narrative. These opportunities could create future consulting, security and infrastructure demand, but current quantum commercialization remains uncertain and is not yet offsetting weaker hardware trends. IBM Just Hit a New Quantum Computing Milestone
• Neutral Sentiment: New AI-powered features for the 2026 US Open, including live updates, serve analysis and conversational fan tools, demonstrate IBM’s AI capabilities and support its sports-technology relationship with the USTA. The announcement is strategically positive but unlikely to materially affect near-term earnings. IBM and the USTA Introduce New AI-Powered Fan Experiences
• Negative Sentiment: Investor concerns remain focused on IBM’s modest revenue growth and sharply weaker mainframe sales. Recent coverage cites roughly 1% year-over-year revenue growth and a 42% decline in mainframe sales, reinforcing doubts about near-term results despite the new processor opportunity. A securities-law firm has also announced an investigation related to the Z product slowdown, adding headline and litigation risk, although no wrongdoing has been established. Investor Reminder Regarding IBM Z Product Slowdown Investigation

International Business Machines Stock Up 1.3%

Shares of NYSE IBM opened at $234.02 on Wednesday. International Business Machines Corporation has a 52-week low of $199.19 and a 52-week high of $332.46. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.74 and a current ratio of 0.79. The business has a fifty day moving average of $245.71 and a two-hundred day moving average of $249.59. The stock has a market cap of $220.47 billion, a PE ratio of 20.76, a PEG ratio of 2.27 and a beta of 0.70.

International Business Machines (NYSE:IBM) last announced its earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.93. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The business had revenue of $17.16 billion during the quarter, compared to analysts’ expectations of $17.46 billion. During the same quarter last year, the company posted $2.80 EPS. The firm’s revenue for the quarter was up 1.1% on a year-over-year basis. As a group, equities research analysts expect that International Business Machines Corporation will post 12.33 earnings per share for the current fiscal year.

International Business Machines Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be issued a dividend of $1.69 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $6.76 annualized dividend and a dividend yield of 2.9%. International Business Machines’s dividend payout ratio (DPR) is presently 59.98%.

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.