Integrated Advisors Network 13F: Cuts IBM Stake by $1.8M

What Changed in Integrated Advisors Network's International Business Machines Corporation Position

Integrated Advisors Network trimmed its holdings in International Business Machines Corporation IBM by 8,292 shares during the quarter, according to a Form 13F filing disclosed on October 20, 2026. The firm owned 17,597 shares previously and finished the period with 9,305 shares. That works out to a 47.1% decrease in its position. The remaining stake carried a reported value of $2,046,409.

IBM International Business Machines Corporation

$248.05 ▼ -13.17% year to date

1M 3M YTD

Daily close · Oct 22, 2026

Other Institutional Activity in International Business Machines Corporation

James Hambro & Partners sold off its entire stake, shedding 3,770 shares to end with zero shares valued at $0.

International Business Machines Corporation Stock Up 4.0%

International Business Machines Corporation shares traded around $251.48 recently as of October 22, 2026, putting them up about 4.0% since the filing closed at $241.92 on October 20, 2026.

Recent Earnings

International Business Machines Corporation reported trailing twelve month revenue of $69.1 billion alongside a net profit margin of 15.5% and a return on equity of 34.5%. Earnings over the same period reached $11.25 per share. The business trades at a trailing P/E ratio of 21.01 and a forward P/E of 17.98.

Dividend

International Business Machines Corporation pays an annual dividend rate of $6.76 per share, yielding 2.86%. The company distributes 59.8% of its earnings as dividends.

Insider Buying and Selling at International Business Machines Corporation

Company insiders executed several trades prior to the filing. Director David N. Farr bought 1,000 shares at $304.00 apiece on January 30, 2026, totaling $304,000. Director Michelle J. Howard picked up 50 shares at $237.83 on February 25, 2026, for a total of $11,891. Director Michael Miebach added 434 shares at $233.33 on February 25, 2026, worth $101,264. Officer Robert David Thomas sold 25,000 shares at $230.32 on August 26, 2026, for a total of $5,758,088.

Analysts Set New Price Targets

Wall Street analysts hold a buy consensus on the stock with 23 analyst opinions and a mean price target of $243.09. On July 24, 2026, Citigroup maintained a Buy rating and moved its target from $255.00 to $245.00. Susquehanna maintained a Neutral rating on August 31, 2026, raising its target from $225.00 to $235.00. Truist Securities initiated a Hold rating with a $240.00 target on October 9, 2026. RBC Capital reiterated an Outperform rating with a $270.00 target on October 13, 2026. Morgan Stanley maintained an Equal-Weight rating on October 15, 2026, lifting its target from $190.00 to $238.00.

About International Business Machines Corporation

International Business Machines Corporation operates from Armonk, New York, delivering hybrid cloud computing architectures, artificial intelligence software, IT consulting services, and enterprise infrastructure systems to clients across the globe. Founded over a century ago, the enterprise supports digital transformations for organizations in software, consulting, and financing segments.

Bottom Line

Institutional adjustments like this one offer a window into how smaller advisory groups manage their large-cap holdings. Investors can track future SEC filings to see if the firm continues to pare back its exposure or reverses course.