Fairvoy Private Wealth LLC Sells 11,059 Shares of International Business Machines Corporation $IBM

Fairvoy Private Wealth LLC trimmed its position in International Business Machines Corporation (NYSE:IBM) by 63.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,429 shares of the technology company’s stock after selling 11,059 shares during the quarter. Fairvoy Private Wealth LLC’s holdings in International Business Machines were worth $1,414,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the company. Friday Financial lifted its position in shares of International Business Machines by 1.9% in the second quarter. Friday Financial now owns 1,903 shares of the technology company’s stock valued at $583,000 after buying an additional 35 shares during the last quarter. Trinity Wealth Management LLC boosted its stake in shares of International Business Machines by 2.3% during the 2nd quarter. Trinity Wealth Management LLC now owns 1,695 shares of the technology company’s stock worth $477,000 after acquiring an additional 38 shares during the period. Pettinga Financial Advisors LLC increased its holdings in shares of International Business Machines by 3.6% during the 2nd quarter. Pettinga Financial Advisors LLC now owns 1,090 shares of the technology company’s stock worth $307,000 after acquiring an additional 38 shares during the last quarter. HHM Wealth Advisors LLC increased its holdings in shares of International Business Machines by 4.6% during the 2nd quarter. HHM Wealth Advisors LLC now owns 928 shares of the technology company’s stock worth $261,000 after acquiring an additional 41 shares during the last quarter. Finally, Basecamp Wealth Advisors LLC increased its holdings in shares of International Business Machines by 2.8% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 1,598 shares of the technology company’s stock worth $387,000 after acquiring an additional 44 shares during the last quarter. 58.96% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, SVP Robert Thomas sold 25,000 shares of International Business Machines stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the completion of the sale, the senior vice president owned 47,800 shares of the company’s stock, valued at approximately $11,009,296. This trade represents a 34.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.27% of the stock is owned by insiders.

Analyst Ratings Changes

IBM has been the subject of several research reports. Citigroup cut their price target on International Business Machines from $255.00 to $245.00 and set a “buy” rating for the company in a report on Friday, July 24th. Citic Securities lifted their price objective on shares of International Business Machines from $294.00 to $297.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Sanford C. Bernstein decreased their price objective on shares of International Business Machines from $280.00 to $230.00 and set a “market perform” rating on the stock in a report on Thursday, July 23rd. Jefferies Financial Group dropped their price objective on shares of International Business Machines from $320.00 to $260.00 and set a “buy” rating on the stock in a research report on Tuesday, July 21st. Finally, Stifel Nicolaus dropped their price objective on shares of International Business Machines from $290.00 to $235.00 and set a “buy” rating on the stock in a research report on Monday, July 20th. Twenty research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $255.76.

Trending Headlines about International Business Machines

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

• Positive Sentiment: IBM was upgraded to Strong Buy, with the analyst citing its Software segment as the company’s primary revenue and profit engine. Hybrid cloud, automation, Red Hat, enterprise artificial intelligence adoption, acquisitions, and partnerships are expected to support growth. IBM: Software Segment The Key Breadwinner
• Positive Sentiment: IBM’s acquisition of Logiq Consulting is expected to expand its cybersecurity capabilities and strengthen its presence in the United Kingdom’s defense and regulated industries. IBM’s Logiq Consulting Acquisition to Boost UK Cybersecurity Reach
• Positive Sentiment: Investors are also watching IBM’s quantum-computing progress, which some analysis suggests could provide longer-term upside and leave the shares undervalued relative to future cash-generation potential. IBM Stock May Be 15% Undervalued As Quantum Progress Draws Focus
• Neutral Sentiment: IBM’s October 21 earnings report is the immediate catalyst. Options trading implies a potentially wide post-earnings move, reflecting heightened uncertainty after the sharp selloff that followed the prior quarterly report. IBM Stock Earnings Preview
• Negative Sentiment: Although software revenue grew 5% last quarter, organic software revenue was flat because growth came entirely from acquisitions. IBM’s 2026 target of 6%–8% software growth therefore depends on stronger performance in the second half, increasing execution risk ahead of earnings. IBM Reports October 21

International Business Machines Stock Performance

Shares of NYSE IBM traded up $4.21 during trading hours on Monday, reaching $236.35. 4,905,125 shares of the stock were exchanged, compared to its average volume of 7,459,652. The firm has a market capitalization of $222.68 billion, a price-to-earnings ratio of 20.97, a P/E/G ratio of 2.23 and a beta of 0.73. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.74 and a current ratio of 0.79. International Business Machines Corporation has a 52 week low of $199.19 and a 52 week high of $332.46. The stock’s fifty day simple moving average is $231.99 and its 200 day simple moving average is $243.63.

International Business Machines (NYSE:IBM) last released its quarterly earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, hitting the consensus estimate of $2.93. The business had revenue of $17.16 billion during the quarter, compared to analysts’ expectations of $17.46 billion. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%. The firm’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same period last year, the firm posted $2.80 EPS. Sell-side analysts predict that International Business Machines Corporation will post 12.34 EPS for the current year.

International Business Machines Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Monday, August 10th were given a dividend of $1.69 per share. The ex-dividend date was Monday, August 10th. This represents a $6.76 annualized dividend and a yield of 2.9%. International Business Machines’s dividend payout ratio (DPR) is presently 59.98%.

International Business Machines Profile

International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology and consulting company that helps organizations modernize their information technology and business operations. Its offerings include hybrid cloud solutions, artificial intelligence software and services, enterprise software, IT infrastructure, cybersecurity, data analytics, and technology consulting.

IBM provides products and services to businesses, governments, and other institutions across industries and regions worldwide.