Simmons Bank Raises Position in International Business Machines Corporation $IBM

Simmons Bank grew its holdings in International Business Machines Corporation (NYSE:IBM) by 16.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,660 shares of the technology company’s stock after acquiring an additional 2,243 shares during the period. Simmons Bank’s holdings in International Business Machines were worth $3,796,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Basepoint Wealth LLC purchased a new position in International Business Machines in the fourth quarter valued at $25,000. Family CFO Inc purchased a new stake in International Business Machines during the 4th quarter worth about $25,000. Joseph Group Capital Management acquired a new stake in International Business Machines in the 4th quarter valued at about $28,000. Cornerstone Financial Management LLC acquired a new stake in International Business Machines in the 4th quarter valued at about $28,000. Finally, SWAN Capital LLC purchased a new position in shares of International Business Machines in the 3rd quarter valued at about $28,000. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Oppenheimer cut their target price on shares of International Business Machines from $380.00 to $320.00 and set an “outperform” rating on the stock in a research note on Thursday, April 16th. KeyCorp downgraded shares of International Business Machines to a “sector weight” rating in a research note on Tuesday, June 23rd. BMO Capital Markets dropped their price objective on shares of International Business Machines from $290.00 to $270.00 and set a “market perform” rating on the stock in a research report on Thursday, April 23rd. JPMorgan Chase & Co. upgraded shares of International Business Machines from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $270.00 to $291.00 in a report on Tuesday, June 23rd. Finally, DZ Bank raised shares of International Business Machines from a “hold” rating to a “buy” rating and set a $295.00 price objective for the company in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, International Business Machines has a consensus rating of “Moderate Buy” and an average target price of $306.94.

International Business Machines Price Performance

IBM stock opened at $277.83 on Tuesday. The business has a 50 day moving average price of $254.38 and a 200 day moving average price of $266.73. The stock has a market cap of $261.13 billion, a price-to-earnings ratio of 24.56, a PEG ratio of 2.81 and a beta of 0.66. 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 quick ratio of 0.76, a current ratio of 0.80 and a debt-to-equity ratio of 1.75.

International Business Machines (NYSE:IBM) last announced its quarterly earnings results on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.81 by $0.10. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The company had revenue of $15.92 billion for the quarter, compared to analyst estimates of $15.60 billion. During the same period in the prior year, the firm posted $1.60 earnings per share. The firm’s revenue was up 9.5% on a year-over-year basis. Equities research analysts anticipate that International Business Machines Corporation will post 12.39 earnings per share for the current fiscal year.

International Business Machines Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th were issued a $1.69 dividend. This represents a $6.76 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Friday, May 8th. This is a positive change from International Business Machines’s previous quarterly dividend of $1.68. International Business Machines’s dividend payout ratio (DPR) is currently 59.77%.

International Business Machines News Summary

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

• Positive Sentiment: IBM unveiled the world’s first sub-1 nanometer chip, a major semiconductor breakthrough that could extend AI-era performance gains and strengthen the company’s technology leadership. IBM Introduces the World’s First Sub-1 Nanometer Chip to Push Past AI Limits. What That Means for IBM Stock.
• Positive Sentiment: IBM announced a new global media agency of record appointment with Omnicom Media after a competitive review, signaling continued enterprise spending and support for its corporate operations. IBM to Appoint Omnicom Media as Global Media Agency of Record
• Positive Sentiment: ServiceNow and IBM expanded their partnership to make legacy enterprise systems “AI-ready,” which could help expand IBM’s software, infrastructure, and consulting opportunities in the second half of 2026. ServiceNow’s New IBM Partnership: A Real Catalyst, or Just Software-Selloff Noise?
• Positive Sentiment: Multiple articles highlighted IBM as an AI leader with a large generative-AI book of business, and one noted it remains a favored stock in billionaire Richard Chilton’s filings. International Business Machines (IBM) Is A Top Stock In Billionaire Richard Chilton’s Filings
• Neutral Sentiment: Zacks said IBM has outperformed the broader market recently, reinforcing the stock’s strong near-term momentum, though the note did not add a new operational catalyst. IBM (IBM) Exceeds Market Returns: Some Facts to Consider
• Neutral Sentiment: InsiderMonkey and other pieces featured IBM on AI-stock watchlists and dividend-focused lists, which adds attention but is not a direct business catalyst. 5 AI Stocks on Wall Street’s Radar

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.