Oak Grove Capital LLC Increases Stock Holdings in International Business Machines Corporation $IBM

Oak Grove Capital LLC grew its stake in International Business Machines Corporation (NYSE:IBM) by 13.4% during the fourth quarter, HoldingsChannel reports. The firm owned 43,550 shares of the technology company’s stock after purchasing an additional 5,150 shares during the quarter. International Business Machines comprises approximately 1.5% of Oak Grove Capital LLC’s portfolio, making the stock its 18th biggest holding. Oak Grove Capital LLC’s holdings in International Business Machines were worth $12,900,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of IBM. VIRGINIA RETIREMENT SYSTEMS ET Al lifted its position in International Business Machines by 424.6% during the fourth quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 260,740 shares of the technology company’s stock valued at $77,234,000 after buying an additional 211,040 shares in the last quarter. GLOBALT Investments LLC GA increased its position in shares of International Business Machines by 19.1% in the fourth quarter. GLOBALT Investments LLC GA now owns 18,288 shares of the technology company’s stock worth $5,417,000 after acquiring an additional 2,930 shares in the last quarter. Waverton Investment Management Ltd raised its stake in shares of International Business Machines by 3.3% in the 3rd quarter. Waverton Investment Management Ltd now owns 993,743 shares of the technology company’s stock valued at $280,439,000 after acquiring an additional 32,072 shares during the period. Newbridge Financial Services Group Inc. raised its stake in shares of International Business Machines by 30.0% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 13,122 shares of the technology company’s stock valued at $3,887,000 after acquiring an additional 3,029 shares during the period. Finally, Rice Partnership LLC acquired a new position in shares of International Business Machines during the 4th quarter valued at $3,317,000. 58.96% of the stock is owned by institutional investors and hedge funds.

International Business Machines Price Performance

IBM opened at $249.72 on Friday. International Business Machines Corporation has a twelve month low of $212.34 and a twelve month high of $332.46. The firm has a market cap of $234.71 billion, a price-to-earnings ratio of 22.08, a PEG ratio of 2.72 and a beta of 0.67. The company has a current ratio of 0.80, a quick ratio of 0.76 and a debt-to-equity ratio of 1.75. The company has a fifty day simple moving average of $251.29 and a 200 day simple moving average of $268.90.

International Business Machines (NYSE:IBM) last issued its quarterly earnings data on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.10. The firm had revenue of $15.92 billion for the quarter, compared to analyst estimates of $15.60 billion. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The firm’s revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.60 EPS. Equities research analysts expect that International Business Machines Corporation will post 12.38 EPS for the current fiscal year.

International Business Machines Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 8th were paid a $1.69 dividend. This represents a $6.76 annualized dividend and a dividend yield of 2.7%. This is a positive change from International Business Machines’s previous quarterly dividend of $1.68. The ex-dividend date was Friday, May 8th. International Business Machines’s payout ratio is presently 59.77%.

Key Headlines Impacting International Business Machines

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on IBM. DZ Bank raised shares of International Business Machines from a “hold” rating to a “buy” rating and set a $295.00 price target for the company in a research report on Friday, April 24th. Wall Street Zen cut International Business Machines from a “hold” rating to a “sell” rating in a research note on Saturday, June 13th. Morgan Stanley upped their target price on International Business Machines from $215.00 to $225.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 23rd. Jefferies Financial Group lowered their target price on International Business Machines from $370.00 to $320.00 and set a “buy” rating for the company in a research note on Monday, April 20th. Finally, JPMorgan Chase & Co. dropped their target price on International Business Machines from $317.00 to $283.00 and set a “neutral” rating on the stock in a report on Wednesday, March 18th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $304.17.

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.