Silvercrest Asset Management Group 13F: Cuts IBM Stake by $1.3M

Silvercrest Trims IBM Position

Silvercrest Asset Management Group reduced its holdings in International Business Machines Corporation NYSE:IBM by 2.1% during the period ended May 15, 2026. According to a Form 13F filing with the Securities and Exchange Commission, the fund sold 4,746 shares from its prior count of 222,700. That left the firm holding 217,524 shares. Based on market prices around the reporting period, that remaining block of shares held an estimated value of about $60.8 million.

Share Price and Market Context

The stock recently changed hands at $279.62 per share. International Business Machines Corporation operates with a P/E ratio of 20.8 and a forward P/E of 17.8. Because 13F filings look backward at past holdings, this report may not represent the firm's current posture today.

Recent Earnings

International Business Machines Corporation brought in annual revenue of $69.1 billion, alongside an EPS of $11.25. The enterprise posted a net profit margin of 15.5% and a return on equity of 34.5%. Investors can look toward the next earnings update scheduled for October 21, 2026.

Dividend Profile

Income-focused investors track the company's annual dividend yield of 2.9%. The payout is supported by a dividend payout ratio of 59.8%.

Wall Street Analyst Views

Analyst firms continue to update their price targets and ratings for the tech company. On October 15, 2026, Morgan Stanley maintained its Equal-Weight rating while lifting its price target to $238.00 from $190.00. Earlier on October 13, 2026, RBC Capital reiterated its Outperform rating with a $270.00 price target. Truist Securities initiated coverage on October 9, 2026, with a Hold rating and a $240.00 price target. Susquehanna kept a Neutral rating on August 31, 2026, with a $235.00 target, while Citigroup kept a Buy rating at $245.00 on July 24, 2026.

Inside International Business Machines Corporation

Headquartered in Armonk, New York, International Business Machines Corporation delivers hybrid cloud infrastructure, software platforms, consulting services, and financing solutions to enterprise clients worldwide. Led by CEO Arvind Krishna, the company employs over 264,000 workers. Its operations span multiple segments, helping businesses integrate artificial intelligence and digital workflows across diverse server and storage environments.

What's Ahead for International Business Machines Corporation

Future institutional filings will show whether other asset managers follow Silvercrest's lead in adjusting their IBM exposures. Market participants will also monitor upcoming financial reports and evolving analyst sentiment for further direction.