2,328 International Business Machines Corporation $IBM Shares Bought by Ridgewood Investments LLC

05 Oct 2026, 19:06 by Renee Jackson · The Cerbat Gem

Ridgewood Investments LLC increased its position in International Business Machines Corporation (NYSE:IBM – Free Report) by 84.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,082 shares of the technology company’s stock after acquiring an additional 2,328 shares during the period. Ridgewood Investments LLC’s holdings in International Business Machines were worth $1,118,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Olistico Wealth LLC boosted its stake in International Business Machines by 9.7% during the 3rd quarter. Olistico Wealth LLC now owns 5,022 shares of the technology company’s stock valued at $1,104,000 after purchasing an additional 442 shares during the last quarter. Tompkins Financial Corp increased its holdings in shares of International Business Machines by 7.0% in the 3rd quarter. Tompkins Financial Corp now owns 9,171 shares of the technology company’s stock worth $2,017,000 after purchasing an additional 597 shares in the last quarter. Baker Tilly Wealth Management LLC raised its stake in shares of International Business Machines by 2.4% in the third quarter. Baker Tilly Wealth Management LLC now owns 1,985 shares of the technology company’s stock worth $436,000 after purchasing an additional 46 shares during the last quarter. Ferguson Wellman Capital Management Inc. raised its stake in shares of International Business Machines by 0.6% in the third quarter. Ferguson Wellman Capital Management Inc. now owns 149,905 shares of the technology company’s stock worth $32,969,000 after purchasing an additional 902 shares during the last quarter. Finally, CapWealth Advisors LLC lifted its holdings in shares of International Business Machines by 4.4% during the third quarter. CapWealth Advisors LLC now owns 129,803 shares of the technology company’s stock valued at $28,548,000 after purchasing an additional 5,441 shares in the last quarter. 58.96% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Bank of America reduced their price objective on International Business Machines from $330.00 to $280.00 and set a “buy” rating for the company in a report on Wednesday, July 15th. JPMorgan Chase & Co. lowered their target price on shares of International Business Machines from $291.00 to $250.00 and set an “overweight” rating on the stock in a research note on Friday, July 17th. Craig Hallum started coverage on shares of International Business Machines in a report on Wednesday, August 19th. They set a “buy” rating on the stock. Susquehanna increased their price objective on shares of International Business Machines from $225.00 to $235.00 and gave the company a “neutral” rating in a research report on Monday, August 31st. Finally, KeyCorp cut shares of International Business Machines to a “sector weight” rating in a report on Tuesday, June 23rd. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $253.52.

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International Business Machines Stock Performance

Shares of International Business Machines stock traded down $1.25 during trading hours on Monday, reaching $221.39. 6,310,335 shares of the stock traded hands, compared to its average volume of 7,590,966. The company has a 50 day moving average price of $232.27 and a 200 day moving average price of $244.89. The firm has a market capitalization of $208.58 billion, a price-to-earnings ratio of 19.64, a P/E/G ratio of 2.12 and a beta of 0.73. International Business Machines Corporation has a one year low of $199.19 and a one year high of $332.46. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.63.

International Business Machines (NYSE:IBM – Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, hitting the consensus estimate of $2.93. The firm had revenue of $17.16 billion for the quarter, compared to analysts’ expectations of $17.46 billion. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The business’s quarterly revenue was up 1.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.80 EPS. On average, equities research analysts expect that International Business Machines Corporation will post 12.33 earnings per share for the current fiscal year.

International Business Machines Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 10th were given a dividend of $1.69 per share. The ex-dividend date of this dividend was Monday, August 10th. This represents a $6.76 dividend on an annualized basis and a dividend yield of 3.1%. International Business Machines’s payout ratio is presently 59.98%.

Insider Activity at International Business Machines

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

International Business Machines Profile

(Free Report)

International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology company that provides hybrid cloud, artificial intelligence, software, consulting and infrastructure solutions. Its offerings help businesses and government organizations manage data, modernize applications, automate processes and improve cybersecurity.