E. Ohman J:or Asset Management 13F: Cuts IBM Stake by $38M

E. Ohman J:or Asset Management reduced its holdings in International Business Machines Corporation (NYSE: IBM) by 172,607 shares, according to a Form 13F filing with the SEC on October 22, 2026. The fund owned 47,870 shares of the technology company at the end of the period, worth approximately $10.5 million. That move followed a 78.3% reduction from its previous holding of 220,477 shares.

IBM International Business Machines Corporation

$248.05 ▼ -13.17% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in E. Ohman J:or Asset Management's IBM Position

The fund trimmed most of its stake in the enterprise technology provider during the period covered by the filing. The remaining 47,870 shares represent a much smaller footprint for the asset manager in IBM stock compared to the prior quarter.

International Business Machines Corporation Stock Up 1.5%

Shares of International Business Machines Corporation recently traded around $245.51 on October 22, 2026, sitting below the $249.67 closing price recorded on the filing date. The stock has traded between a 52-week low of $199.19 and a 52-week high of $332.46 over the past year. It stands about 5.6% above its 50-day moving average of $232.39 and roughly 2.2% below its 200-day moving average of $250.92.

Recent Earnings

International Business Machines Corporation generated trailing twelve-month revenue of $69.1 billion, backed by a net profit margin of 15.5% and a return on equity of 34.5%. The company posted trailing earnings of $11.72 per share, supporting a price-to-earnings ratio of 21.5.

Dividend

The company pays an annual dividend rate of $6.76 per share, which translates to a dividend yield of 2.7% based on recent share levels. That payout is supported by a dividend payout ratio of 59.8% of earnings.

Insider Buying and Selling at International Business Machines Corporation

Company insiders executed several transactions earlier in the year, including open market purchases by directors David N. Frank, Michelle J. Howard, and Michael Miebach, alongside an officer sale by Robert David Thomas of 25,000 shares at $230.32 per share on August 26, 2026.

Analysts Set New Price Targets

Wall Street firms updated their outlooks on the stock on October 22, 2026. UBS maintained a Neutral rating with a $243.00 target, Citigroup kept a Buy rating and raised its target to $280.00, Morgan Stanley held an Equal-Weight rating with a $240.00 target, BMO Capital kept a Market Perform rating at $265.00, and Barclays reiterated an Overweight rating while lifting its target to $277.00.

About International Business Machines Corporation

Headquartered in Armonk, New York, International Business Machines Corporation delivers hybrid cloud infrastructure, software platforms, consulting, and financing services to enterprise clients globally. The company focuses heavily on artificial intelligence systems and digital transformation tools across diverse industries.

Bottom Line

Investors continue to monitor International Business Machines Corporation for shifts in enterprise tech spending and cloud adoption trends. The stock maintains a consensus buy rating among analysts with a mean price target close to its recent trading range.