International Business Machines (NYSE:IBM) Stock Purchase Revealed by Rep. Lloyd Doggett

Representative Lloyd Doggett (Democratic-Texas) recently bought shares of International Business Machines Corporation (NYSE:IBM). In a filing disclosed on October 5th, the Representative disclosed that they had bought between $1,001 and $15,000 in International Business Machines stock on September 10th.

Representative Lloyd Doggett also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/17/2026.
• Purchased $1,001 – $15,000 in shares of PPG Industries (NYSE:PPG) on 9/11/2026.
• Purchased $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 9/8/2026.
• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 8/17/2026.

International Business Machines Stock Down 0.1%

Shares of International Business Machines stock opened at $221.41 on Wednesday. International Business Machines Corporation has a 1 year low of $199.19 and a 1 year high of $332.46. The company has a 50-day moving average of $232.26 and a 200 day moving average of $244.44. The firm has a market cap of $208.60 billion, a price-to-earnings ratio of 19.65, a PEG ratio of 2.11 and a beta of 0.73. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.79 and a quick ratio of 0.74.

International Business Machines (NYSE:IBM) last issued its quarterly earnings results on Wednesday, July 22nd. The technology company reported $2.93 EPS for the quarter, hitting analysts’ consensus estimates of $2.93. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The firm had revenue of $17.16 billion for the quarter, compared to analysts’ expectations of $17.46 billion. During the same period in the previous year, the firm posted $2.80 EPS. The business’s revenue for the quarter was up 1.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that International Business Machines Corporation will post 12.33 earnings per share for the current fiscal year.

International Business Machines Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 10th were paid a $1.69 dividend. This represents a $6.76 annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Monday, August 10th. International Business Machines’s dividend payout ratio (DPR) is presently 59.98%.

Insiders Place Their Bets

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the firm’s stock in a transaction dated 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.27% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on IBM. HSBC cut their price objective on shares of International Business Machines from $175.00 to $174.00 in a research report on Friday, July 24th. JPMorgan Chase & Co. dropped 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. Sanford C. Bernstein cut their price target on shares of International Business Machines from $280.00 to $230.00 and set a “market perform” rating on the stock in a report on Thursday, July 23rd. Bank of America decreased their price objective on shares of International Business Machines from $330.00 to $280.00 and set a “buy” rating for the company in a report on Wednesday, July 15th. Finally, Wolfe Research cut International Business Machines to a “peer perform” rating in a research report on Tuesday, June 23rd. Eighteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $253.52.

Key Headlines Impacting International Business Machines

Here are the key news stories impacting International Business Machines this week:

• Positive Sentiment: IBM announced IBM Ready for SAP Solutions, a collaboration with SAP designed to help midsize and fast-growing businesses modernize cloud enterprise-resource-planning systems, unify data and build an AI-ready digital foundation. IBM cited customer benefits including a 50% reduction in operational cycle times at Volumetric Building Companies and expanded use of SAP Cloud ERP by Second Nature Brands. The offering could support consulting, cloud and software demand, although the announcement did not include financial targets. IBM Teams Up with SAP to Help Businesses Modernize Operations and Advance AI-Readiness
• Positive Sentiment: IBM and Red Hat said their Lightwell initiative has remediated more than 400 previously unknown open-source vulnerabilities since June. The result strengthens IBM’s cybersecurity credentials and may improve demand for Red Hat and related security services as companies seek protection against rapidly evolving AI-enabled threats. IBM and Red Hat Remediate More Than 400 Previously Unknown Open Source Vulnerabilities
• Positive Sentiment: Zscaler expanded its collaboration with IBM and Red Hat to protect private applications between vulnerability disclosure and patch deployment. Separately, Zapata Quantum joined the IBM Quantum Network, providing additional ecosystem validation for IBM’s quantum-computing platform. Zscaler Collaborates with IBM and Red Hat
• Neutral Sentiment: Wall Street analysts reportedly rate IBM a “Moderate Buy,” while commentary on the company’s economic moat highlights substantial free-cash-flow generation but questions whether IBM’s competitive advantages are widening. These views may support valuation, but they do not represent new operating results. What is IBM’s Economic Moat?
• Negative Sentiment: Jim Cramer advised investors to wait at least another quarter after IBM’s previous earnings disappointment, emphasizing the need for patience before judging the company’s outlook. That caution may weigh on sentiment until IBM demonstrates stronger revenue growth. Jim Cramer Sticks to His Wait-a-Quarter Rule on IBM

Institutional Trading of International Business Machines

A number of large investors have recently made changes to their positions in IBM. Portus Wealth Advisors LLC purchased a new stake in International Business Machines during the 1st quarter valued at $26,000. Harborfront Financial Group LLC purchased a new position in shares of International Business Machines in the 2nd quarter worth $27,000. Cornerstone Financial Management LLC bought a new stake in shares of International Business Machines in the fourth quarter worth $28,000. Hara Capital LLC purchased a new stake in International Business Machines during the second quarter valued at $28,000. Finally, Bare Financial Services Inc increased its position in International Business Machines by 114.6% during the second quarter. Bare Financial Services Inc now owns 103 shares of the technology company’s stock valued at $29,000 after acquiring an additional 55 shares during the last quarter. 58.96% of the stock is currently owned by institutional investors.

About Representative Doggett

Lloyd Doggett (Democratic Party) is a member of the U.S. House, representing Texas’ 37th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Doggett (Democratic Party) is running for re-election to the U.S. House to represent Texas’ 37th Congressional District. He declared candidacy for the 2026 election.

Lloyd Doggett was born in Austin, Texas. Doggett graduated from Austin High School in 1964. He earned a B.A. from the University of Texas at Austin in 1967 and a J.D. from the University of Texas in 1970. Doggett’s career experience includes working as an adjunct professor with the University of Texas School of Law. In the 116th Congress, Doggett served on the House Ways & Means Committee, and he co-founded the House Prescription Drug Taskforce.

About International Business Machines

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.

IBM’s portfolio includes the Red Hat hybrid cloud platform, the watsonx suite of artificial intelligence and data tools, consulting services, and enterprise software for areas such as automation, application management, security and asset management.