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 Performance

IBM opened at $220.62 on Thursday. The firm has a market cap of $207.85 billion, a P/E ratio of 19.58, a price-to-earnings-growth ratio of 2.11 and a beta of 0.73. The business’s fifty day moving average is $232.14 and its 200-day moving average is $244.23. International Business Machines Corporation has a 52-week low of $199.19 and a 52-week high of $332.46. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.74 and a current ratio of 0.79.

International Business Machines (NYSE:IBM) last posted 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 prior year, the business posted $2.80 earnings per share. International Business Machines’s revenue was up 1.1% compared to the same quarter last year. Sell-side analysts expect that International Business Machines Corporation will post 12.33 EPS for the current fiscal year.

International Business Machines Dividend Announcement

The business 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 59.98%.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: IBM advanced to Stage C of DARPA’s Quantum Benchmarking Initiative, the third phase of an independent evaluation of its approach to building a fault-tolerant quantum computer. The milestone strengthens IBM’s credibility in quantum computing, although commercial revenue remains longer term. IBM Advances to Stage C of DARPA Quantum Benchmarking Initiative
• Positive Sentiment: IBM and SAP launched IBM Ready for SAP Solutions, combining IBM consulting with SAP cloud ERP technology to help midsize businesses modernize operations, unify data and prepare for AI adoption. IBM cited customers cutting operational cycle times and expanding their enterprise platforms. IBM Teams Up with SAP to Help Businesses Modernize Operations and Advance AI-Readiness
• Positive Sentiment: IBM is expanding self-hosted AI deployment through Bob, giving customers more control over sensitive workloads and supporting hybrid-cloud modernization. This could help differentiate IBM in regulated and security-conscious markets. IBM Brings AI to Customer-Managed Infrastructure
• Neutral Sentiment: Industry reports project strong expansion in digital transformation and IT operations analytics through 2030, potentially benefiting IBM’s consulting, automation, AI and hybrid-cloud businesses. However, the reports describe industrywide opportunities rather than new IBM revenue or guidance. IT Operations Analytics Global Strategic Business Report
• Negative Sentiment: IBM scheduled its third-quarter 2026 earnings release for October 21, leaving investors focused on whether growth in AI and software can offset competitive pressure and pricing concerns in hybrid cloud. A preview article advised against buying before the report, reinforcing near-term uncertainty. IBM to Announce Third-Quarter 2026 Financial Results

Institutional Investors Weigh In On International Business Machines

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in International Business Machines in the second quarter valued at $21,586,659,000. State Street Corp boosted its stake in International Business Machines by 1.0% in the fourth quarter. State Street Corp now owns 54,996,293 shares of the technology company’s stock worth $16,290,452,000 after buying an additional 518,321 shares in the last quarter. Capital World Investors grew its position in International Business Machines by 29.2% during the fourth quarter. Capital World Investors now owns 22,021,912 shares of the technology company’s stock valued at $6,523,720,000 after acquiring an additional 4,976,756 shares during the last quarter. Bank of America Corp DE purchased a new position in shares of International Business Machines during the second quarter worth approximately $4,214,868,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of International Business Machines during the second quarter worth approximately $2,606,782,000. 58.96% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Sanford C. Bernstein reduced their price objective on International Business Machines from $280.00 to $230.00 and set a “market perform” rating on the stock in a research report on Thursday, July 23rd. KeyCorp cut shares of International Business Machines to a “sector weight” rating in a research note on Tuesday, June 23rd. Barclays lowered their target price on International Business Machines from $288.00 to $262.00 and set an “overweight” rating for the company in a research report on Thursday, July 23rd. JPMorgan Chase & Co. decreased their price target on International Business Machines from $291.00 to $250.00 and set an “overweight” rating for the company in a research note on Friday, July 17th. Finally, Jefferies Financial Group cut their price target on International Business Machines from $320.00 to $260.00 and set a “buy” rating on the stock in a report on Tuesday, July 21st. Eighteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, International Business Machines currently has a consensus rating of “Moderate Buy” and a consensus price target of $253.52.

Insider Buying and Selling at International Business Machines

In related news, SVP Robert Thomas sold 25,000 shares of the 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 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.27% of the company’s stock.

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.