International Business Machines Corporation $IBM Shares Bought by Greenwood Capital Associates LLC

Greenwood Capital Associates LLC boosted its position in shares of International Business Machines Corporation (NYSE:IBM) by 5.5% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 48,490 shares of the technology company’s stock after buying an additional 2,534 shares during the period. International Business Machines comprises 1.3% of Greenwood Capital Associates LLC’s portfolio, making the stock its 14th biggest holding. Greenwood Capital Associates LLC’s holdings in International Business Machines were worth $11,753,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in IBM. Farmers & Merchants Trust Co of Chambersburg PA boosted its stake in International Business Machines by 5.2% during the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 12,509 shares of the technology company’s stock worth $3,032,000 after purchasing an additional 620 shares during the last quarter. Frank Rimerman Advisors LLC raised its position in shares of International Business Machines by 1.8% in the first quarter. Frank Rimerman Advisors LLC now owns 24,404 shares of the technology company’s stock valued at $5,915,000 after buying an additional 435 shares during the last quarter. Richmond Investment Services LLC lifted its stake in shares of International Business Machines by 6.5% in the first quarter. Richmond Investment Services LLC now owns 1,308 shares of the technology company’s stock worth $317,000 after buying an additional 80 shares in the last quarter. Cvfg LLC purchased a new position in shares of International Business Machines in the first quarter worth about $206,000. Finally, Flatrock Wealth Partners LLC acquired a new position in International Business Machines during the first quarter worth about $228,000. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: IBM launched new compact z17 and LinuxONE 5 systems, expanding its enterprise infrastructure lineup with more flexible rack-mount and single-frame options, AI/automation upgrades, and better security features. IBM Launches Compact z17 and LinuxONE Systems to Address Data Center Space and Cost Constraints
• Positive Sentiment: Investor sentiment improved after Bank of America raised its price target on IBM to $330, reinforcing the view that the stock still has upside despite its recent rally. International Business Machines (NYSE:IBM) Given New $330.00 Price Target at Bank of America
• Positive Sentiment: IBM also announced Project Lightwell, an open-source security initiative aimed at reducing software supply-chain and code-remediation risks for large enterprises, which could strengthen its cybersecurity positioning. IBM Launches Project Lightwell to Tackle Open-Source Security Risks
• Neutral Sentiment: IBM said it will report second-quarter 2026 results on July 22, keeping attention on whether recent product momentum translates into stronger revenue, margins, or guidance. IBM to Announce Second-Quarter 2026 Financial Results
• Neutral Sentiment: Analysts and market commentary continue to frame IBM as an AI-infrastructure and quantum-computing beneficiary, but the stock’s move also reflects traders positioning ahead of earnings and digesting valuation questions after the recent run-up. International Business Machines (IBM) Unveils New AI Infrastructure, Is The Stock Fully Priced?

Wall Street Analyst Weigh In

IBM has been the subject of several research reports. Wedbush set a $350.00 price objective on shares of International Business Machines in a research note on Tuesday, June 2nd. Weiss Ratings lowered shares of International Business Machines from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. Wall Street Zen upgraded International Business Machines from a “sell” rating to a “hold” rating in a report on Sunday, June 21st. Roth Capital restated a “buy” rating on shares of International Business Machines in a research report on Wednesday, June 3rd. Finally, DZ Bank raised International Business Machines from a “hold” rating to a “buy” rating and set a $295.00 price target for the company in a report on Friday, April 24th. Sixteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, International Business Machines has an average rating of “Moderate Buy” and a consensus target price of $306.47.

International Business Machines Stock Performance

NYSE:IBM opened at $302.18 on Thursday. International Business Machines Corporation has a fifty-two week low of $212.34 and a fifty-two week high of $332.46. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.76 and a current ratio of 0.80. The company has a 50 day moving average price of $261.32 and a 200 day moving average price of $266.06. The stock has a market capitalization of $284.01 billion, a P/E ratio of 26.72, a PEG ratio of 2.95 and a beta of 0.68.

International Business Machines (NYSE:IBM) last announced its earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share (EPS) for the quarter, beating 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 company had revenue of $15.92 billion for the quarter, compared to analyst estimates of $15.60 billion. During the same quarter in the previous year, the company earned $1.60 earnings per share. The firm’s quarterly revenue was up 9.5% compared to the same quarter last year. Equities research analysts forecast that International Business Machines Corporation will post 12.45 EPS for the current year.

International Business Machines Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th were paid a $1.69 dividend. The ex-dividend date of this dividend 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 2.2%. International Business Machines’s payout ratio is presently 59.77%.

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.