Crossmark Global Holdings Inc. Reduces Holdings in International Business Machines Corporation $IBM

Crossmark Global Holdings Inc. reduced its stake in International Business Machines Corporation (NYSE:IBM) by 16.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 124,918 shares of the technology company’s stock after selling 25,320 shares during the period. Crossmark Global Holdings Inc.’s holdings in International Business Machines were worth $35,247,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IBM. Vanguard Group Inc. raised its holdings in International Business Machines by 0.8% in the third quarter. Vanguard Group Inc. now owns 95,776,307 shares of the technology company’s stock worth $27,024,243,000 after purchasing an additional 724,832 shares in the last quarter. State Street Corp boosted its stake in International Business Machines by 0.3% during the second quarter. State Street Corp now owns 54,536,963 shares of the technology company’s stock worth $16,076,406,000 after acquiring an additional 147,721 shares in the last quarter. Geode Capital Management LLC grew its holdings in International Business Machines by 1.9% in the second quarter. Geode Capital Management LLC now owns 21,936,235 shares of the technology company’s stock worth $6,444,527,000 after purchasing an additional 400,131 shares during the period. Legal & General Group Plc increased its stake in shares of International Business Machines by 3.4% during the second quarter. Legal & General Group Plc now owns 7,126,503 shares of the technology company’s stock valued at $2,100,751,000 after purchasing an additional 234,318 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of International Business Machines during the second quarter valued at approximately $2,011,122,000. Hedge funds and other institutional investors own 58.96% of the company’s stock.

International Business Machines Stock Performance

Shares of NYSE IBM opened at $249.71 on Thursday. International Business Machines Corporation has a 12-month low of $214.50 and a 12-month high of $324.90. The firm has a 50 day moving average of $283.62 and a 200 day moving average of $284.04. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 1.67. The firm has a market capitalization of $234.24 billion, a price-to-earnings ratio of 22.40, a price-to-earnings-growth ratio of 2.46 and a beta of 0.73.

International Business Machines (NYSE:IBM) last announced its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $19.23 billion. International Business Machines had a return on equity of 38.15% and a net margin of 15.69%.The firm’s revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the company posted $3.92 EPS. On average, research analysts anticipate that International Business Machines Corporation will post 10.78 earnings per share for the current year.

International Business Machines Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Tuesday, February 10th. This represents a $6.72 dividend on an annualized basis and a yield of 2.7%. International Business Machines’s dividend payout ratio (DPR) is currently 60.27%.

Insider Activity

In other International Business Machines news, Director David N. Farr acquired 1,000 shares of the company’s stock in a transaction dated Friday, January 30th. The stock was purchased at an average price of $304.00 per share, with a total value of $304,000.00. Following the completion of the purchase, the director directly owned 9,258 shares in the company, valued at approximately $2,814,432. The trade was a 12.11% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael Miebach bought 434 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The shares were acquired at an average cost of $233.33 per share, for a total transaction of $101,265.22. Following the purchase, the director directly owned 434 shares in the company, valued at $101,265.22. This trade represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders bought 1,484 shares of company stock worth $417,157 over the last 90 days. Company insiders own 0.18% of the company’s stock.

Key Stories Impacting International Business Machines

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

• Positive Sentiment: IBM won a multi-year $112 million contract with the U.S. Defense Commissary Agency to modernize pricing displays and simultaneously announced a Deepgram voice-AI integration for Watsonx, strengthening government revenue visibility and enterprise AI product capabilities. IBM Contract And Voice AI Deal Shape Government And Automation Story
• Positive Sentiment: Coverage highlights that IBM’s combination of government contracts and AI partnerships is expanding its addressable market in public-sector modernization and enterprise automation, a near-term revenue-growth narrative investors favor. IBM Expands AI And Government Ties As Shares Trade Below Targets
• Positive Sentiment: Analyst/press pieces argue the stock’s pullback looks overdone and that fundamentals (recent EPS beat, revenue growth) support watching or accumulating shares — a narrative that can attract buyers after volatility. Why I’m Watching IBM Stock Heading Into March
• Positive Sentiment: Market commentary noting IBM outperforming indices today reinforces the momentum narrative and may prompt short-term inflows from momentum/quant strategies. IBM (IBM) Laps the Stock Market: Here’s Why
• Neutral Sentiment: Industry research lists IBM among 120+ firms in the growing Business Process Automation market — a structural tailwind but not a firm-specific catalyst by itself. Business Process Automation Strategic Market Report 2026-2030
• Neutral Sentiment: A retail press item about Railtown AI’s advisory appointments is unrelated to IBM fundamentals and unlikely to move IBM shares. Railtown AI Strengthens Advisory Board and Executive Team
• Neutral Sentiment: Broader tech/quantum coverage favors specialists like IonQ, underscoring competition for investor attention within advanced-tech themes rather than changing IBM’s near-term earnings outlook. If I Could Own Only 1 Quantum Computing Stock for 2026, It Would Be This
• Negative Sentiment: Commentary and analysis point to heightened volatility after a sharp intraday drop (13% in one day), raising concerns about market sensitivity to AI-development news and macro pressure — a risk to short-term sentiment. If IBM Can Drop 13% In A Day, What Does This Say About These Market Conditions?
• Negative Sentiment: European coverage warns that AI innovation cycles have unsettled investor confidence in IBM, which could keep downside pressure if execution or growth signals disappoint. IBM Shares Face Pressure as AI Innovation Rattles Investor Confidence

Wall Street Analyst Weigh In

Several analysts recently weighed in on IBM shares. Weiss Ratings restated a “buy (b)” rating on shares of International Business Machines in a research note on Thursday, January 22nd. JPMorgan Chase & Co. raised their price target on International Business Machines from $312.00 to $317.00 and gave the company a “neutral” rating in a report on Thursday, January 29th. Argus set a $360.00 price target on International Business Machines in a research report on Friday, January 30th. Stifel Nicolaus raised their price target on shares of International Business Machines from $325.00 to $340.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Finally, Bank of America upped their price target on International Business Machines from $315.00 to $335.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $320.87.

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.