Kovack Advisors Inc. Has $3.47 Million Stock Holdings in International Business Machines Corporation $IBM

Kovack Advisors Inc. increased its position in shares of International Business Machines Corporation (NYSE:IBM) by 21.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,865 shares of the technology company’s stock after buying an additional 2,251 shares during the quarter. Kovack Advisors Inc.’s holdings in International Business Machines were worth $3,474,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Burkett Asset Management Ltd acquired a new stake in International Business Machines during the fourth quarter worth about $332,000. Sepio Capital LP grew its position in International Business Machines by 4.6% during the fourth quarter. Sepio Capital LP now owns 2,275 shares of the technology company’s stock worth $674,000 after buying an additional 100 shares in the last quarter. Manchester Financial Inc. grew its position in International Business Machines by 18.5% during the fourth quarter. Manchester Financial Inc. now owns 2,810 shares of the technology company’s stock worth $832,000 after buying an additional 438 shares in the last quarter. Cowa LLC grew its position in International Business Machines by 2.9% during the fourth quarter. Cowa LLC now owns 4,704 shares of the technology company’s stock worth $1,393,000 after buying an additional 134 shares in the last quarter. Finally, Sumitomo Mitsui Financial Group Inc. acquired a new stake in International Business Machines during the fourth quarter worth about $111,000. 58.96% of the stock is owned by institutional investors and hedge funds.

International Business Machines News Summary

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

• Positive Sentiment: IBM announced a multi-year partnership with ServiceNow to help modernize legacy IT systems and speed enterprise AI deployment, with the companies aiming to broaden adoption by the second half of 2026. IBM (IBM) and ServiceNow (NOW) Unite to Accelerate Enterprise AI Deployment
• Positive Sentiment: IBM and JA Worldwide expanded their global collaboration through IBM SkillsBuild, targeting AI and digital-skills training for up to one million high-school students, which supports IBM’s brand and long-term workforce-development strategy. JA Worldwide and IBM Expand Global Collaboration with Goal of Delivering AI and Digital Skills to Up to One Million High-School Students
• Positive Sentiment: Commentary from Jim Cramer and other market coverage highlighted IBM as a more practical way to play the quantum-computing theme, which may be drawing speculative and institutional interest into the stock. Jim Cramer Recommends IBM Over Xanadu Quantum
• Neutral Sentiment: Technology stocks were broadly stronger late Thursday, helping support IBM alongside the sector. Sector Update: Tech Stocks Gain Late Afternoon
• Neutral Sentiment: Erste Group Bank slightly reduced its FY2027 EPS estimate for IBM to $13.41 from $13.46, but kept a Hold rating and the change was small, so it is unlikely to be a major driver. Analyst estimate update for International Business Machines
• Neutral Sentiment: Ongoing commentary around quantum computing and AI infrastructure keeps IBM in the market narrative, but some analyst comparisons suggest other AI names may offer faster growth, tempering enthusiasm. Celestica vs. IBM: Which AI Infrastructure Stock is the Better Buy?

International Business Machines Stock Up 1.0%

NYSE IBM opened at $275.03 on Friday. 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 stock’s 50 day moving average is $249.46 and its two-hundred day moving average is $270.33. The company has a market capitalization of $258.50 billion, a price-to-earnings ratio of 24.32, a PEG ratio of 2.82 and a beta of 0.67. International Business Machines Corporation has a 1-year low of $212.34 and a 1-year high of $332.46.

International Business Machines (NYSE:IBM) last released its quarterly earnings data on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, beating analysts’ consensus estimates of $1.81 by $0.10. The company had revenue of $15.92 billion for the quarter, compared to the consensus estimate of $15.60 billion. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The company’s quarterly revenue was up 9.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.60 earnings per share. Equities analysts forecast that International Business Machines Corporation will post 12.4 earnings per share for the current fiscal year.

International Business Machines Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th were paid a $1.69 dividend. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.5%. This is an increase from International Business Machines’s previous quarterly dividend of $1.68. The ex-dividend date was Friday, May 8th. International Business Machines’s dividend payout ratio is presently 59.77%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on IBM. Morgan Stanley lifted 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. UBS Group raised International Business Machines from a “sell” rating to a “neutral” rating and set a $236.00 target price on the stock in a research report on Wednesday, February 25th. Jefferies Financial Group decreased their price objective on International Business Machines from $370.00 to $320.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of International Business Machines in a report on Thursday, May 28th. Finally, HSBC raised International Business Machines from a “reduce” rating to a “hold” rating and lifted their price objective for the company from $218.00 to $231.00 in a report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target 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.