Massachusetts Financial Services Co. MA Trims Holdings in International Business Machines Corporation $IBM

Massachusetts Financial Services Co. MA trimmed its stake in shares of International Business Machines Corporation (NYSE:IBM) by 34.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 288,143 shares of the technology company’s stock after selling 148,480 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in International Business Machines were worth $81,302,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in IBM. Norges Bank purchased a new stake in shares of International Business Machines in the second quarter worth about $2,011,122,000. Vanguard Group Inc. increased its holdings in International Business Machines by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 95,051,475 shares of the technology company’s stock worth $28,019,274,000 after acquiring an additional 1,913,708 shares during the period. Laurel Wealth Advisors LLC lifted its stake in International Business Machines by 27,928.2% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,903,116 shares of the technology company’s stock worth $561,001,000 after purchasing an additional 1,896,326 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in International Business Machines in the 2nd quarter worth approximately $133,771,000. Finally, Franklin Resources Inc. boosted its holdings in International Business Machines by 45.8% in the 2nd quarter. Franklin Resources Inc. now owns 1,313,241 shares of the technology company’s stock valued at $387,118,000 after purchasing an additional 412,574 shares during the period. Institutional investors own 58.96% of the company’s stock.

International Business Machines Stock Down 4.8%

IBM opened at $291.11 on Wednesday. The business’s fifty day simple moving average is $302.94 and its 200 day simple moving average is $282.50. International Business Machines Corporation has a 52 week low of $214.50 and a 52 week high of $324.90. The company has a quick ratio of 0.89, a current ratio of 0.93 and a debt-to-equity ratio of 1.97. The stock has a market cap of $272.11 billion, a PE ratio of 34.82, a P/E/G ratio of 2.96 and a beta of 0.70.

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

Key Stories Impacting International Business Machines

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

• Positive Sentiment: IBM launched “Enterprise Advantage,” a new asset‑based consulting service to help clients build, govern and scale agentic AI platforms — a revenue‑accretive services push tied to watsonx demand. IBM Launches Enterprise Advantage
• Positive Sentiment: IBM and telecom operator e& announced enterprise-grade agentic AI for governance and compliance (watsonx Orchestrate), showing traction for large-scale, regulated deployments. e& and IBM Unveil Agentic AI
• Positive Sentiment: Coverage highlights IBM’s broader watsonx/enterprise AI push and what it means for shareholders — positioning IBM as an enterprise AI platform player rather than just services. What IBM’s New Enterprise AI Platform Push Means
• Positive Sentiment: DBS Bank upgraded IBM from Hold to Moderate Buy, reflecting improving fundamentals and AI-driven growth expectations. IBM Stock Rating Upgraded by Dbs Bank
• Positive Sentiment: IBM continues marketing watsonx experiences (e.g., with the Recording Academy around the Grammys), indicating cross‑industry use cases and brand visibility. IBM and the Recording Academy
• Neutral Sentiment: Analyst roundups and valuation pieces debate upside after recent strength — some see upside potential, others flag stretched multiples; watch earnings and guidance for confirmation. Assessing IBM Valuation
• Neutral Sentiment: Several analyst notes/forecasts (including Benzinga’s roundup) show mixed near‑term price targets and expectations of volatility — useful for trading windows but not a consensus buy signal. IBM To Rally Around 8%?
• Neutral Sentiment: Dividend‑focused commentary lists IBM among steady dividend names — current pullbacks could lift yield and attract income investors. Are These 2 Dividend Stocks Bargains?
• Negative Sentiment: Market reaction: IBM’s share price fell more than the broader market in the latest session and traded on elevated volume, reflecting near‑term profit‑taking and concern about valuation despite positive company news. IBM Suffers a Larger Drop Than the General Market

Wall Street Analysts Forecast Growth

IBM has been the topic of several research analyst reports. Erste Group Bank raised shares of International Business Machines from a “hold” rating to a “buy” rating in a report on Friday, December 5th. Royal Bank Of Canada lifted their price objective on International Business Machines from $300.00 to $350.00 and gave the company an “outperform” rating in a research note on Monday, January 5th. Stifel Nicolaus boosted their target price on International Business Machines from $295.00 to $325.00 and gave the stock a “buy” rating in a research report on Tuesday, December 9th. Bank of America raised 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. Finally, Oppenheimer started coverage on International Business Machines in a research report on Friday, November 21st. They set an “outperform” rating and a $360.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $305.29.

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.