IBMNYSEComputer & office EquipmentFiscal year ends December 31
INTERNATIONAL BUSINESS MACHINES CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 23, 2026
$236.39+4.25 (+1.83%)
Close on Oct 19, 2026
- Market cap
- $225.34B
- P/E (TTM)
- 21.0
- Dividend yield
- 2.84%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
65.1%
614M of 942M shares
Institutional holders
3,625
338 new, 138 sold out
Net institutional buying
22M
In Q2 2026
Insider trades, 12 months
3 buys · 1 sales
Net sold $5.34M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 75,479,656 | 8.30% | 13G (passive) amendment | Dec 31, 2023 |
| Vanguard Capital Management | 70,227,012 | 7.48% | 13G (passive) | Mar 31, 2026 |
| State Street Corporation | – | 6.03% | 13G (passive) amendment | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of IBM | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 76,763,481 | 8.15% | $21.59B | −802,472 | 0.32% |
| Vanguard Capital Management LLC | 61,385,366 | 6.52% | $17.26B | +539,761 | 0.37% |
| State Street Corp | 56,045,055 | 5.95% | $15.76B | +1,450,562 | 0.47% |
| Vanguard Portfolio Management LLC | 28,348,295 | 3.01% | $7.97B | +687,429 | 0.36% |
| Geode Capital Management, LLC | 23,448,500 | 2.49% | $6.58B | +372,171 | 0.35% |
| Morgan Stanley | 17,459,828 | 1.85% | $4.91B | −2,171,123 | 0.26% |
| Capital World Investors | 16,207,905 | 1.72% | $4.56B | −854,548 | 0.54% |
| Bank Of America Corp /De/ | 14,988,328 | 1.59% | $4.21B | −1,075,325 | 0.27% |
| JPMorgan Chase & Co | 12,445,411 | 1.32% | $3.46B | −6,099,283 | 0.19% |
| Northern Trust Corp | 10,227,731 | 1.09% | $2.88B | −77,057 | 0.33% |
| Bank of New York Mellon Corp | 9,269,877 | 0.98% | $2.61B | +2,099,174 | 0.43% |
| Norges Bank | 8,416,339 | 0.89% | $2.37B | New | 0.24% |
| UBS Asset Management Americas Inc | 7,621,512 | 0.81% | $2.14B | +53,388 | 0.39% |
| FMR LLC | 7,433,148 | 0.79% | $2.09B | +2,187,458 | 0.09% |
| Charles Schwab Investment Management Inc | 7,132,137 | 0.76% | $2.01B | +392,141 | 0.27% |
| Goldman Sachs Group Inc | 6,942,807 | 0.74% | $1.95B | −63,649 | 0.17% |
| Legal & General Group Plc | 6,666,667 | 0.71% | $1.87B | −247,386 | 0.39% |
| Wellington Management Group Llp | 6,549,393 | 0.70% | $1.84B | +6,283,395 | 0.32% |
| Dimensional Fund Advisors LP | 5,584,047 | 0.59% | $1.57B | +446,759 | 0.28% |
| Amundi | 5,462,124 | 0.58% | $1.54B | +690,901 | 0.37% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 3,625 | 614M | 65.1% | 338 / 1629 | 1240 / 138 | 48M | 27M |
| Q1 2026 | 3,487 | 593M | 63.0% | 183 / 1512 | 1340 / 337 | 128M | 38M |
| Q4 2025 | 3,700 | 603M | 64.0% | 466 / 1449 | 1293 / 115 | 44M | 35M |
| Q3 2025 | 3,421 | 595M | 63.2% | 215 / 1491 | 1194 / 141 | 36M | 33M |
| Q2 2025 | 3,408 | 593M | 63.0% | 305 / 1340 | 1272 / 117 | 30M | 22M |
| Q1 2025 | 3,264 | 587M | 62.3% | 295 / 1251 | 1287 / 122 | 39M | 23M |
| Q4 2024 | 3,142 | 576M | 61.1% | 375 / 1178 | 1164 / 110 | 39M | 38M |
| Q3 2024 | 2,936 | 579M | 61.4% | 298 / 1131 | 1102 / 88 | 113M | 17M |
| Q2 2024 | 2,757 | 558M | 59.2% | 151 / 1194 | 1008 / 164 | 25M | 46M |
| Q1 2024 | 2,805 | 583M | 61.8% | 267 / 1104 | 1095 / 103 | 43M | 24M |
| Q4 2023 | 2,682 | 565M | 59.9% | 343 / 978 | 1055 / 88 | 51M | 18M |
| Q3 2023 | 2,464 | 532M | 56.5% | 168 / 982 | 964 / 98 | 27M | 19M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of IBM | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 29,838,330 | 3.17% | $8.39B | 0.37% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 24,358,666 | 2.59% | $6.85B | 0.41% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 12,927,996 | 1.37% | $3.64B | 0.41% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 11,961,823 | 1.27% | $3.56B | 0.43% | May 31, 2026 |
| Vanguard Value Index Fund | 8,946,641 | 0.95% | $2.52B | 0.99% | Jun 30, 2026 |
| State Street(R) Technology Select Sector SPDR(R) ETF | 6,488,540 | 0.69% | $1.82B | 1.47% | Jun 30, 2026 |
| Vanguard Information Technology Index Fund | 6,245,330 | 0.66% | $1.86B | 1.08% | May 31, 2026 |
| Vanguard Dividend Appreciation Index Fund | 5,317,817 | 0.56% | $1.19B | 0.91% | Jul 31, 2026 |
| Vanguard Institutional Index Fund | 5,102,353 | 0.54% | $1.43B | 0.41% | Jun 30, 2026 |
| American Balanced Fund | 4,827,799 | 0.51% | $1.36B | 0.47% | Jun 30, 2026 |
| Income Fund of America | 3,871,236 | 0.41% | $865.80M | 0.58% | Jul 31, 2026 |
| Vanguard High Dividend Yield Index Fund | 3,788,188 | 0.40% | $847.23M | 0.85% | Jul 31, 2026 |
| Washington Mutual Investors Fund | 3,246,754 | 0.34% | $726.14M | 0.33% | Jul 31, 2026 |
| Columbia Dividend Income Fund | 2,412,767 | 0.26% | $718.52M | 1.52% | May 31, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 500(R) ETF | 2,241,443 | 0.24% | $630.32M | 0.41% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Arvind Krishna | Chairman, President & CEO, Director | 472,163 | 0.05% | Aug 28, 2026 |
| Robert David Thomas | Senior Vice President | 65,800 | 0.01% | Aug 28, 2026 |
| Anne Robinson | Senior Vice President | 16,271 | 0.00% | Jul 2, 2026 |
| Nicolas A. Fehring | VP, Controller | 16,578 | 0.00% | Jun 4, 2026 |
| Gary D. Cohn | Vice Chairman | 111,031 | 0.01% | Feb 27, 2026 |
| Nickle Jaclyn Lamoreaux | Senior Vice President | 56,860 | 0.01% | Feb 27, 2026 |
| James J. Kavanaugh | Sr. VP and CFO | 175,749 | 0.02% | Feb 27, 2026 |
| Thomas Buberl | Director | – | – | Jul 2, 2026 |
| Michelle J. Howard | Director | 194 | 0.00% | Jul 2, 2026 |
| Alex Gorsky | Director | 4,232 | 0.00% | Jul 2, 2026 |
| Peter R. Voser | Director | 0 | – | Jul 2, 2026 |
| Ramon Laguarta | Director | 0 | – | Jul 2, 2026 |
| Andrew N. Liveris | Director | 2,655 | 0.00% | Jul 2, 2026 |
| Martha E. Pollack | Director | 0 | – | Jul 2, 2026 |
| David N. Farr | Director | 10,708 | 0.00% | Jul 2, 2026 |
| Frederick William McNabb Iii | Director | 9,250 | 0.00% | Jul 2, 2026 |
| Michael Miebach | Director | 434 | 0.00% | Jul 2, 2026 |
| Alfred W. Zollar | Director | 936 | 0.00% | Jul 2, 2026 |
| Marianne Catherine Brown | Director | 440 | 0.00% | Jul 2, 2026 |
| Frederick H. Waddell | Director | 3,763 | 0.00% | Apr 1, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Robert David Thomas Senior Vice President | Aug 26, 2026 | Sale | −25,000 | $230.32 | $5.76M | 47,800 |
| Anne Robinson Senior Vice President | Jul 1, 2026 | Option exercise | +5,883 | – | – | 16,271 |
| Anne Robinson Senior Vice President | Jul 1, 2026 | Tax withholding | −3,254 | $286.73 | $933.02K | 13,017 |
| Anne Robinson Senior Vice President | Jul 1, 2026 | Option exercise | +1,412 | – | – | 14,429 |
| Anne Robinson Senior Vice President | Jul 1, 2026 | Tax withholding | −781 | $286.73 | $223.94K | 13,648 |
| Nicolas A. Fehring VP, Controller | Jun 4, 2026 | Gift | −400 | – | – | 16,578 |
| Michelle J. Howard Director | Feb 25, 2026 | Buy | +50 | $237.83 | $11.89K | 194 |
| Michael Miebach Director | Feb 25, 2026 | Buy | +434 | $233.33 | $101.27K | 434 |
| Gary D. Cohn Vice Chairman | Feb 21, 2026 | Option exercise | +2,611 | – | – | 111,031 |
| Gary D. Cohn Vice Chairman | Feb 21, 2026 | Option exercise | +2,246 | – | – | 111,833 |
| Gary D. Cohn Vice Chairman | Feb 21, 2026 | Tax withholding | −1,444 | $256.42 | $370.27K | 109,587 |
| Gary D. Cohn Vice Chairman | Feb 21, 2026 | Tax withholding | −1,243 | $256.42 | $318.73K | 110,590 |
| Gary D. Cohn Vice Chairman | Feb 21, 2026 | Tax withholding | −1,507 | $256.42 | $386.42K | 108,420 |
| Gary D. Cohn Vice Chairman | Feb 21, 2026 | Option exercise | +2,725 | – | – | 109,927 |
| James J. Kavanaugh Sr. VP and CFO | Feb 21, 2026 | Option exercise | +3,575 | – | – | 175,749 |
| James J. Kavanaugh Sr. VP and CFO | Feb 21, 2026 | Option exercise | +2,877 | – | – | 176,834 |
| James J. Kavanaugh Sr. VP and CFO | Feb 21, 2026 | Tax withholding | −1,792 | $256.42 | $459.50K | 173,957 |
| James J. Kavanaugh Sr. VP and CFO | Feb 21, 2026 | Tax withholding | −1,442 | $256.42 | $369.76K | 175,392 |
| James J. Kavanaugh Sr. VP and CFO | Feb 21, 2026 | Tax withholding | −1,694 | $256.42 | $434.38K | 172,174 |
| James J. Kavanaugh Sr. VP and CFO | Feb 21, 2026 | Option exercise | +3,380 | – | – | 173,868 |
| Robert David Thomas Senior Vice President | Feb 21, 2026 | Option exercise | +2,667 | – | – | 74,149 |
| Robert David Thomas Senior Vice President | Feb 21, 2026 | Tax withholding | −1,575 | $256.42 | $403.86K | 71,482 |
| Robert David Thomas Senior Vice President | Feb 21, 2026 | Option exercise | +3,116 | – | – | 73,057 |
| Robert David Thomas Senior Vice President | Feb 21, 2026 | Tax withholding | −1,329 | $256.42 | $340.78K | 69,941 |
| Robert David Thomas Senior Vice President | Feb 21, 2026 | Tax withholding | −1,349 | $256.42 | $345.91K | 72,800 |
| Robert David Thomas Senior Vice President | Feb 21, 2026 | Option exercise | +2,631 | – | – | 71,270 |
| Arvind Krishna Chairman, President & CEO, Director | Feb 21, 2026 | Option exercise | +6,123 | – | – | 372,163 |
| Arvind Krishna Chairman, President & CEO, Director | Feb 21, 2026 | Option exercise | +5,614 | – | – | 374,708 |
| Arvind Krishna Chairman, President & CEO, Director | Feb 21, 2026 | Tax withholding | −3,069 | $256.42 | $786.95K | 369,094 |
| Arvind Krishna Chairman, President & CEO, Director | Feb 21, 2026 | Tax withholding | −2,814 | $256.42 | $721.57K | 371,894 |
| Arvind Krishna Chairman, President & CEO, Director | Feb 21, 2026 | Tax withholding | −2,587 | $256.42 | $663.36K | 366,040 |
| Arvind Krishna Chairman, President & CEO, Director | Feb 21, 2026 | Option exercise | +5,166 | – | – | 368,627 |
| Nicolas A. Fehring VP, Controller | Feb 21, 2026 | Option exercise | +540 | – | – | 16,938 |
| Nicolas A. Fehring VP, Controller | Feb 21, 2026 | Option exercise | +632 | – | – | 17,296 |
| Nicolas A. Fehring VP, Controller | Feb 21, 2026 | Tax withholding | −274 | $256.42 | $70.26K | 16,664 |
| Nicolas A. Fehring VP, Controller | Feb 21, 2026 | Tax withholding | −320 | $256.42 | $82.05K | 16,976 |
| Nicolas A. Fehring VP, Controller | Feb 21, 2026 | Tax withholding | −201 | $256.42 | $51.54K | 16,398 |
| Nicolas A. Fehring VP, Controller | Feb 21, 2026 | Option exercise | +396 | – | – | 16,599 |
| Nickle Jaclyn Lamoreaux Senior Vice President | Feb 21, 2026 | Option exercise | +1,738 | – | – | 56,860 |
| Nickle Jaclyn Lamoreaux Senior Vice President | Feb 21, 2026 | Option exercise | +1,600 | – | – | 57,572 |
| Nickle Jaclyn Lamoreaux Senior Vice President | Feb 21, 2026 | Tax withholding | −888 | $256.42 | $227.70K | 55,972 |
| Nickle Jaclyn Lamoreaux Senior Vice President | Feb 21, 2026 | Tax withholding | −817 | $256.42 | $209.50K | 56,755 |
| Nickle Jaclyn Lamoreaux Senior Vice President | Feb 21, 2026 | Tax withholding | −538 | $256.42 | $137.95K | 55,122 |
| Nickle Jaclyn Lamoreaux Senior Vice President | Feb 21, 2026 | Option exercise | +1,053 | – | – | 55,660 |
| James J. Kavanaugh Sr. VP and CFO | Feb 18, 2026 | Tax withholding | −1,363 | $258.68 | $352.58K | 170,488 |
| James J. Kavanaugh Sr. VP and CFO | Feb 18, 2026 | Option exercise | +2,719 | – | – | 171,851 |
| Anne Robinson Senior Vice President | Feb 18, 2026 | Tax withholding | −953 | $258.68 | $246.52K | 10,333 |
| Anne Robinson Senior Vice President | Feb 18, 2026 | Option exercise | +1,722 | – | – | 11,286 |
| Nicolas A. Fehring VP, Controller | Feb 18, 2026 | Option exercise | +696 | – | – | 16,556 |
| Nicolas A. Fehring VP, Controller | Feb 18, 2026 | Tax withholding | −353 | $258.68 | $91.31K | 16,203 |
| Nickle Jaclyn Lamoreaux Senior Vice President | Feb 18, 2026 | Option exercise | +1,586 | – | – | 55,417 |
| Nickle Jaclyn Lamoreaux Senior Vice President | Feb 18, 2026 | Tax withholding | −810 | $258.68 | $209.53K | 54,607 |
| Gary D. Cohn Vice Chairman | Feb 18, 2026 | Tax withholding | −1,285 | $258.68 | $332.40K | 107,202 |
| Gary D. Cohn Vice Chairman | Feb 18, 2026 | Option exercise | +2,322 | – | – | 108,487 |
| Robert David Thomas Senior Vice President | Feb 18, 2026 | Tax withholding | −1,290 | $258.68 | $333.70K | 68,639 |
| Robert David Thomas Senior Vice President | Feb 18, 2026 | Option exercise | +2,549 | – | – | 69,929 |
| Arvind Krishna Chairman, President & CEO, Director | Feb 18, 2026 | Option exercise | +5,664 | – | – | 366,300 |
| Arvind Krishna Chairman, President & CEO, Director | Feb 18, 2026 | Tax withholding | −2,839 | $258.68 | $734.39K | 363,461 |
| James J. Kavanaugh Sr. VP and CFO | Feb 1, 2026 | Award | +48,474 | – | – | 192,940 |
| James J. Kavanaugh Sr. VP and CFO | Feb 1, 2026 | Tax withholding | −23,816 | $303.76 | $7.23M | 169,124 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Thomas Robert Officer | Aug 26, 2026 | 25,000 | $5.76M | Aug 26, 2026 | restricted stock vesting |
| D. Thomas Robert Officer | Mar 3, 2025 | 26,543 | $6.72M | Mar 3, 2025 | Restricted stock vesting under a registered plan |