First Commonwealth Financial Corp PA Acquires 2,591 Shares of International Business Machines Corporation $IBM

First Commonwealth Financial Corp PA lifted its stake in International Business Machines Corporation (NYSE:IBM) by 216.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,790 shares of the technology company’s stock after acquiring an additional 2,591 shares during the quarter. First Commonwealth Financial Corp PA’s holdings in International Business Machines were worth $1,069,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of IBM. Winnow Wealth LLC bought a new position in International Business Machines during the second quarter worth $27,000. Mountain Hill Investment Partners Corp. bought a new position in shares of International Business Machines in the third quarter valued at about $28,000. SWAN Capital LLC acquired a new stake in shares of International Business Machines during the 3rd quarter worth about $28,000. Trifecta Capital Advisors LLC lifted its stake in shares of International Business Machines by 129.1% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 126 shares of the technology company’s stock worth $36,000 after buying an additional 71 shares during the last quarter. Finally, American Wealth Advisors LLC bought a new stake in shares of International Business Machines during the 3rd quarter worth about $40,000. Institutional investors own 58.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. DZ Bank upgraded shares of International Business Machines to a “hold” rating in a research note on Wednesday, February 11th. Wedbush restated an “outperform” rating and set a $340.00 price objective on shares of International Business Machines in a report on Tuesday, February 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of International Business Machines in a research report on Thursday, January 22nd. BMO Capital Markets reiterated a “market perform” rating and set a $350.00 target price on shares of International Business Machines in a research note on Thursday, January 29th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of International Business Machines in a report on Monday, February 23rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, International Business Machines has a consensus rating of “Moderate Buy” and an average price target of $320.87.

International Business Machines Price Performance

Shares of International Business Machines stock opened at $256.28 on Wednesday. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 1.67. The stock has a market capitalization of $240.40 billion, a price-to-earnings ratio of 22.98, a price-to-earnings-growth ratio of 2.50 and a beta of 0.73. International Business Machines Corporation has a twelve month low of $214.50 and a twelve month high of $324.90. The company has a 50-day simple moving average of $274.98 and a two-hundred day simple moving average of $284.96.

International Business Machines (NYSE:IBM) last announced its earnings results on Wednesday, January 28th. The technology company reported $4.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.33 by $0.19. International Business Machines had a net margin of 15.69% and a return on equity of 38.15%. The firm had revenue of $19.69 billion for the quarter, compared to analyst estimates of $19.23 billion. During the same quarter in the prior year, the business posted $3.92 EPS. The business’s revenue was up 12.2% compared to the same quarter last year. Analysts forecast that International Business Machines Corporation will post 10.78 EPS for the current year.

International Business Machines Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th were given a dividend of $1.68 per share. The ex-dividend date of this dividend was Tuesday, February 10th. This represents a $6.72 dividend on an annualized basis and a yield of 2.6%. International Business Machines’s dividend payout ratio is currently 60.27%.

Insiders Place Their Bets

In related news, Director David N. Farr acquired 1,000 shares of the company’s stock in a transaction on Friday, January 30th. The stock was purchased at an average cost of $304.00 per share, with a total value of $304,000.00. Following the acquisition, the director directly owned 9,258 shares of the company’s stock, valued at approximately $2,814,432. The trade was a 12.11% increase in their ownership of the stock. 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 business’s stock in a transaction dated Wednesday, February 25th. The shares were bought at an average price of $233.33 per share, with a total value of $101,265.22. Following the completion of the transaction, the director owned 434 shares in the company, valued at approximately $101,265.22. This trade represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have acquired 1,484 shares of company stock worth $417,157. Corporate insiders own 0.27% of the company’s stock.

International Business Machines News Summary

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

• Positive Sentiment: IBM completed its acquisition of Confluent (roughly $11B), and management announced immediate integrations with watsonx.data, IBM MQ, webMethods and IBM Z to make real‑time streaming data a core for enterprise AI—this strengthens IBM’s data-to-AI stack and supports revenue/ARR growth prospects. IBM Completes Acquisition of Confluent
• Positive Sentiment: IBM expanded its collaboration with NVIDIA to integrate GPUs across IBM Cloud, Red Hat AI Factory and on‑prem/regulatory environments—this addresses a major bottleneck for customers moving AI pilots to production and reinforces IBM’s hybrid cloud + AI positioning. IBM Announces Expanded Collaboration with NVIDIA
• Positive Sentiment: Wedbush reiterated an Outperform rating and raised its $340 target, highlighting IBM’s enterprise positioning and estimate revisions—analyst support adds conviction to the rally and potential upside. Wedbush Outperform on IBM
• Neutral Sentiment: Coverage notes IBM’s quantum computing blueprint for hybrid quantum‑classical systems, which could be strategically important long term but remains uncertain for near‑term revenue impact. This underscores tech leadership but is a multi‑year story. The New Threat IBM’s Quantum Computing Research Poses to D-Wave
• Neutral Sentiment: Market commentary explains recent outperformance as a mix of deal flow, AI partnerships, and solid quarterly results (better‑than‑expected EPS/revenue in Q4), which support momentum but don’t eliminate macro or competitive risks. Why IBM Outpaced the Stock Market Today
• Negative Sentiment: The Confluent deal’s $11B price tag and integration risk create near‑term execution and leverage concerns—investors should watch cash flow impacts, potential restructuring costs, and how quickly Confluent contributes to margins and ARR. IBM Closes $11 Billion Deal for Confluent

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.