International Business Machines (NYSE:IBM) Shares Bought 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%

IBM stock opened at $221.41 on Wednesday. International Business Machines Corporation has a fifty-two week low of $199.19 and a fifty-two week high of $332.46. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.79 and a quick ratio of 0.74. The stock has a market capitalization 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 business’s fifty day moving average price is $232.26 and its two-hundred day moving average price is $244.44.

International Business Machines (NYSE:IBM) last issued its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, hitting the consensus estimate of $2.93. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The business had revenue of $17.16 billion during the quarter, compared to analysts’ expectations of $17.46 billion. During the same quarter in the previous year, the company earned $2.80 EPS. The business’s revenue was up 1.1% on a year-over-year basis. On average, equities analysts anticipate that International Business Machines Corporation will post 12.33 earnings per share for the current year.

International Business Machines Dividend Announcement

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

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on IBM shares. Wall Street Zen downgraded shares of International Business Machines from a “hold” rating to a “sell” rating in a research report on Saturday, September 12th. Royal Bank Of Canada reissued an “outperform” rating and set a $270.00 price target (down from $300.00) on shares of International Business Machines in a research report on Tuesday, July 21st. Weiss Ratings cut International Business Machines from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, September 29th. Sanford C. Bernstein cut their target price on International Business Machines from $280.00 to $230.00 and set a “market perform” rating for the company in a research report on Thursday, July 23rd. Finally, Piper Sandler raised International Business Machines to an “overweight” rating in a 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 given a Sell rating to the stock. According to MarketBeat, International Business Machines currently has a consensus rating of “Moderate Buy” and an average price target of $253.52.

Insider Activity

In other news, SVP Robert Thomas sold 25,000 shares of the firm’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the completion of the transaction, the senior vice president 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.27% of the company’s stock.

Institutional Investors Weigh In On International Business Machines

Several hedge funds have recently modified their holdings of the company. Cornerstone Financial Management LLC bought a new stake in shares of International Business Machines during the fourth quarter worth about $28,000. Harborfront Financial Group LLC bought a new position in International Business Machines in the 2nd quarter valued at approximately $27,000. Hara Capital LLC acquired a new stake in International Business Machines during the 2nd quarter worth approximately $28,000. Bare Financial Services Inc grew its holdings in International Business Machines by 114.6% during the 2nd quarter. Bare Financial Services Inc now owns 103 shares of the technology company’s stock worth $29,000 after acquiring an additional 55 shares during the last quarter. Finally, Portus Wealth Advisors LLC bought a new stake in International Business Machines during the 1st quarter worth approximately $26,000. Institutional investors and hedge funds own 58.96% of the company’s stock.

More International Business Machines News

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

• Positive Sentiment: IBM and Red Hat said their Lightwell initiative has remediated more than 400 previously unknown open-source vulnerabilities since June. The announcement reinforces IBM’s cybersecurity and enterprise software capabilities, although it did not include a material financial forecast. IBM and Red Hat Remediate More Than 400 Previously Unknown Open Source Vulnerabilities
• Positive Sentiment: Zscaler’s collaboration with IBM and Red Hat combines Zscaler’s application protection with IBM’s Lightwell remediation technology. The partnership could improve IBM’s positioning in AI-related cybersecurity and expand enterprise ecosystem adoption. Zscaler Collaborates with IBM and Red Hat to Protect Private Applications from Frontier AI-Powered Threats
• Positive Sentiment: Zapata Quantum joined the IBM Quantum Network, while Stakk announced an IBM contract for AI-powered document processing in Australia and New Zealand. Both developments support IBM’s quantum-computing and AI commercialization efforts, though the near-term revenue impact is unclear. Zapata Joins IBM Quantum Network to Advance Applications Stakk Wins IBM Contract to Drive AI-Powered Expansion in Australia and New Zealand
• Neutral Sentiment: Wall Street analysts reportedly rate IBM a “Moderate Buy,” and the company generated $13.15 billion of free cash flow on $69.09 billion of revenue over the past year. However, commentary questions whether IBM’s economic moat is widening enough to justify its valuation. What is IBM’s Economic Moat, and is it Widening or Narrowing?
• Negative Sentiment: Jim Cramer’s “wait-a-quarter” view highlights investor caution following IBM’s recent quarterly revenue shortfall. The latest results met EPS expectations but revenue of $17.16 billion fell short of the $17.46 billion consensus, limiting enthusiasm despite year-over-year growth. Jim Cramer Sticks to His Wait-a-Quarter Rule on IBM

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.

International Business Machines Company Profile

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.