International Business Machines (NYSE:IBM) Stock Sold Off by Rep. Pete Sessions

Representative Pete Sessions (Republican-Texas) recently sold shares of International Business Machines Corporation (NYSE:IBM). In a filing disclosed on October 27th, the Representative disclosed that they had sold between $1,001 and $15,000 in International Business Machines stock on October 20th. The trade occurred in the Representative’s “ET IRA” account.

Representative Pete Sessions also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Walt Disney (NYSE:DIS) on 10/28/2026.
• Sold $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 10/27/2026.
• Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Solstice Advanced Mat (NASDAQ:SOLS) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 10/21/2026.
• Sold $0 – $1,000 in shares of Resideo Technologies (NYSE:REZI) on 10/21/2026.
• Sold $15,001 – $50,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 10/15/2026.
• Sold $15,001 – $50,000 in shares of Chevron (NYSE:CVX) on 10/14/2026.

International Business Machines Trading Up 2.0%

NYSE IBM opened at $258.19 on Friday. The company has a quick ratio of 0.80, a current ratio of 0.85 and a debt-to-equity ratio of 1.57. International Business Machines Corporation has a twelve month low of $199.19 and a twelve month high of $332.46. The company has a market cap of $244.02 billion, a price-to-earnings ratio of 20.57, a price-to-earnings-growth ratio of 2.49 and a beta of 0.73. The business’s fifty day moving average is $234.68 and its 200 day moving average is $250.20.

International Business Machines (NYSE:IBM) last issued its earnings results on Wednesday, October 21st. The technology company reported $2.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.85 by $0.10. The business had revenue of $17.10 billion during the quarter, compared to analysts’ expectations of $16.82 billion. International Business Machines had a return on equity of 34.37% and a net margin of 15.99%. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.65 EPS. As a group, sell-side analysts expect that International Business Machines Corporation will post 12.41 EPS for the current fiscal year.

International Business Machines Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Tuesday, November 10th will be paid a $1.69 dividend. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Tuesday, November 10th. International Business Machines’s dividend payout ratio is presently 57.63%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Portus Wealth Advisors LLC purchased a new stake in International Business Machines in the 1st quarter worth $26,000. Harborfront Financial Group LLC purchased a new stake in International Business Machines during the second quarter worth $27,000. Hara Capital LLC purchased a new stake in International Business Machines during the 2nd quarter worth about $28,000. Bare Financial Services Inc raised its stake in shares of International Business Machines by 114.6% in the 2nd 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 period. Finally, Caitlin John LLC purchased a new stake in shares of International Business Machines during the second quarter valued at approximately $35,000. 58.96% of the stock is owned by institutional investors.

Insider Transactions at International Business Machines

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the stock in a transaction on 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 sale, the senior vice president directly owned 47,800 shares of the company’s stock, valued at $11,009,296. This trade represents a 34.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.27% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on IBM. Argus decreased their price objective on shares of International Business Machines from $360.00 to $280.00 and set a “buy” rating for the company in a research report on Thursday, July 16th. Sanford C. Bernstein decreased their price target 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. Morgan Stanley upped their price objective on shares of International Business Machines from $238.00 to $240.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 22nd. Truist Financial set a $260.00 price objective on International Business Machines in a report on Thursday, October 22nd. Finally, BMO Capital Markets raised their price objective on International Business Machines from $230.00 to $265.00 and gave the company a “market perform” rating in a research note on Thursday, October 22nd. Twenty research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $266.12.

More International Business Machines News

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

• Positive Sentiment: IBM’s software business is reportedly gaining momentum, strengthening the case that hybrid cloud, automation and AI offerings can become more important growth drivers. IBM’s Software Business Is Picking Up Speed
• Positive Sentiment: A reported quantum-computing breakthrough, involving processors connected with approximately 99% accuracy, reinforces IBM’s positioning in a potentially important long-term technology market. IBM Achieves 99% Accuracy in Major Quantum Computing Breakthrough
• Positive Sentiment: IBM and the U.S. Tennis Association extended their partnership through 2031, making IBM the U.S. Open’s official AI and cloud partner. The event’s IBM-powered digital platforms generated more than 270 million engagements in 2026, providing commercial validation for its AI and cloud capabilities. USTA and IBM Announce Five-Year Renewal
• Positive Sentiment: IBM’s latest reported quarter exceeded consensus estimates for both earnings per share and revenue, while revenue increased 4.7% year over year. Its approximately $12 billion in annual free cash flow also supports investment and shareholder returns.
• Neutral Sentiment: Analyst comparisons with Adobe and Qualcomm highlight IBM’s dependable enterprise infrastructure and hybrid-cloud position, but also suggest investors must weigh its slower growth and valuation against faster-growing technology peers. IBM vs. Qualcomm
• Negative Sentiment: Dividend-focused coverage flags IBM’s substantial debt load as a risk to the company’s long record of dividend increases. Higher leverage could limit financial flexibility if cash flow weakens or interest costs rise. Is IBM’s Dividend Still Safe?
• Negative Sentiment: Technical coverage noted IBM shares moving below the 200-day moving average, a signal that can pressure sentiment among momentum-oriented investors. IBM Shares Break Below Two Hundred Day Moving Average

About Representative Sessions

Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas’ 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas’ 17th Congressional District. He won in the general election on November 5, 2024.

On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023.

Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions’ career experience includes working as an executive with AT&T.

International Business Machines Company Profile

International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology and consulting company that helps organizations modernize their information technology and business operations. Its offerings include hybrid cloud solutions, artificial intelligence software and services, enterprise software, IT infrastructure, cybersecurity, data analytics, and technology consulting.

IBM provides products and services to businesses, governments, and other institutions across industries and regions worldwide.