Williams & Novak LLC Takes $574,000 Position in International Business Machines Corporation $IBM

Williams & Novak LLC purchased a new position in shares of International Business Machines Corporation (NYSE:IBM) during the third quarter, HoldingsChannel reports. The firm purchased 2,033 shares of the technology company’s stock, valued at approximately $574,000.

Other hedge funds also recently made changes to their positions in the company. Family CFO Inc acquired a new stake in International Business Machines during the 2nd quarter valued at $25,000. Winnow Wealth LLC bought a new position in shares of International Business Machines in the second quarter valued at about $27,000. Mountain Hill Investment Partners Corp. bought a new stake in shares of International Business Machines during the 3rd quarter worth about $28,000. Highline Wealth Partners LLC grew its stake in International Business Machines by 85.0% in the 2nd quarter. Highline Wealth Partners LLC now owns 111 shares of the technology company’s stock valued at $33,000 after buying an additional 51 shares during the last quarter. Finally, Copia Wealth Management raised its holdings in International Business Machines by 57.6% in the 2nd quarter. Copia Wealth Management now owns 134 shares of the technology company’s stock valued at $40,000 after acquiring an additional 49 shares during the period. 58.96% of the stock is owned by institutional investors and hedge funds.

International Business Machines Stock Performance

NYSE IBM opened at $294.70 on Wednesday. International Business Machines Corporation has a 1 year low of $214.50 and a 1 year high of $324.90. The firm has a market capitalization of $275.46 billion, a price-to-earnings ratio of 35.22, a P/E/G ratio of 2.96 and a beta of 0.70. The company has a current ratio of 0.93, a quick ratio of 0.89 and a debt-to-equity ratio of 1.97. The firm’s 50 day simple moving average is $302.94 and its 200 day simple moving average is $282.50.

International Business Machines (NYSE:IBM) last released its earnings results on Wednesday, October 22nd. The technology company reported $2.65 earnings per share for the quarter, topping the consensus estimate of $2.45 by $0.20. International Business Machines had a return on equity of 37.76% and a net margin of 12.09%.The firm had revenue of $16.33 billion during the quarter, compared to analysts’ expectations of $16.10 billion. During the same period in the prior year, the company earned $2.30 earnings per share. The company’s quarterly revenue was up 9.1% on a year-over-year basis. As a group, research analysts expect that International Business Machines Corporation will post 10.78 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

IBM has been the topic of several research reports. Wall Street Zen downgraded International Business Machines from a “buy” rating to a “hold” rating in a research report on Sunday, January 11th. Sanford C. Bernstein reiterated a “market perform” rating on shares of International Business Machines in a research report on Wednesday, December 10th. Jefferies Financial Group raised shares of International Business Machines from a “hold” rating to a “buy” rating and boosted their target price for the company from $300.00 to $360.00 in a research report on Monday, January 5th. Weiss Ratings upgraded shares of International Business Machines from a “hold (c+)” rating to a “buy (b)” rating in a research note on Saturday, October 25th. Finally, Stifel Nicolaus increased their target price on shares of International Business Machines from $295.00 to $325.00 and gave the stock a “buy” rating in a research report on Tuesday, December 9th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, International Business Machines presently has an average rating of “Moderate Buy” and a consensus price target of $305.29.

Trending Headlines about International Business Machines

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

• Positive Sentiment: Analysts remain confident in IBM’s AI-driven strategy, signaling continued street support for the company’s growth thesis in enterprise AI. IBM Shares: Analysts Maintain Confidence Amid AI-Driven Strategy
• Positive Sentiment: IBM unveiled a new enterprise AI platform aimed at scaling watsonx capabilities for customers — a product move investors see as directly tied to revenue growth potential in AI services. What International Business Machines (IBM)’s New Enterprise AI Platform Push Means For Shareholders
• Positive Sentiment: DBS Bank upgraded IBM from Hold to Moderate Buy, a near-term catalyst that can support buying pressure and helped lift analyst sentiment. International Business Machines (NYSE:IBM) Stock Rating Upgraded by Dbs Bank
• Positive Sentiment: IBM partnered with the Recording Academy to release new watsonx digital experiences for the Grammys — a marketing and product showcase that highlights consumer-facing AI use cases and brand relevance. IBM and the Recording Academy Strike a Chord, Release New watsonx Digital Experiences
• Positive Sentiment: IBM expanded agentic AI capabilities via a collaboration with e&, targeting compliance, policy and risk use cases — a strategic partnership that could accelerate enterprise adoption. Can IBM’s Agentic AI Collaboration With e& Boost Its Global Lead?
• Neutral Sentiment: Columnists are reassessing IBM’s valuation after recent share gains and long-term returns; this analysis frames whether current multiples leave room for further upside. Assessing IBM (NYSE:IBM) Valuation After Recent Share Price Strength And Long Term Returns
• Neutral Sentiment: Coverage notes IBM’s dividend appeal amid market volatility — investors weighing yield versus tech growth may treat IBM as an income-oriented holding during pullbacks. Are These 2 Dividend Stocks Bargains Yet?
• Neutral Sentiment: Broader thematic pieces (quantum computing potential) mention IBM as a long-term player, but these are longer-horizon narratives unlikely to move the stock near-term. These 3 Giant Tech Stocks Are Poised for Explosive Quantum Growth
• Negative Sentiment: IBM recently posted a larger-than-market one-day decline (about -4.7% on the last close), highlighting near-term volatility that could pressure sentiment and trigger short-term profit-taking. IBM (IBM) Suffers a Larger Drop Than the General Market: Key Insights
• Positive Sentiment: Market note: several analyst target updates and consensus forecasts (including notes forecasting a potential near-term rally) are being circulated, which can amplify momentum if views converge bullishly. IBM To Rally Around 8%? Here Are 10 Top Analyst Forecasts For Tuesday

International Business Machines 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.