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

Key Points

• Rep. Pete Sessions sold IBM shares on October 20 from his “ET IRA” account, with the transaction valued between $1,001 and $15,000. He also reported selling positions in several other major companies.
• IBM reported stronger-than-expected quarterly results, with adjusted EPS of $2.95 and revenue of $17.10 billion, up 4.7% year over year. Analysts currently give the stock a “Moderate Buy” consensus rating with an average price target of $266.12.
• IBM declared a quarterly dividend of $1.69 per share, equivalent to an annualized $6.76 and a 2.7% yield. The company is also highlighting developments in quantum computing, enterprise AI controls and anticipated free-cash-flow growth.

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 Price Performance

IBM opened at $253.18 on Thursday. International Business Machines Corporation has a twelve month low of $199.19 and a twelve month high of $332.46. The firm has a market cap of $239.29 billion, a price-to-earnings ratio of 21.58, a PEG ratio of 2.50 and a beta of 0.73. The company has a current ratio of 0.85, a quick ratio of 0.80 and a debt-to-equity ratio of 1.57. The company has a fifty day simple moving average of $234.26 and a 200 day simple moving average of $250.43.

International Business Machines (NYSE:IBM - Get Free Report) last posted its quarterly earnings data on Wednesday, October 21st. The technology company reported $2.95 earnings per share for the quarter, beating analysts' consensus estimates of $2.85 by $0.10. International Business Machines had a net margin of 15.99% and a return on equity of 34.37%. The company had revenue of $17.10 billion during the quarter, compared to analysts' expectations of $16.82 billion. During the same period in the prior year, the company posted $2.65 EPS. The firm's revenue for the quarter was up 4.7% on a year-over-year basis. Equities research 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. Investors of record on Tuesday, November 10th will be issued a dividend of $1.69 per share. This represents a $6.76 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, November 10th. International Business Machines's dividend payout ratio (DPR) is presently 57.63%.

Institutional Investors Weigh In On International Business Machines

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Friday Financial raised its stake in shares of International Business Machines by 1.9% in the 2nd quarter. Friday Financial now owns 1,903 shares of the technology company's stock valued at $583,000 after purchasing an additional 35 shares during the period. Trinity Wealth Management LLC grew its stake in shares of International Business Machines by 2.3% during the 2nd quarter. Trinity Wealth Management LLC now owns 1,695 shares of the technology company's stock worth $477,000 after acquiring an additional 38 shares in the last quarter. Pettinga Financial Advisors LLC grew its position in International Business Machines by 3.6% in the second quarter. Pettinga Financial Advisors LLC now owns 1,090 shares of the technology company's stock valued at $307,000 after purchasing an additional 38 shares in the last quarter. HHM Wealth Advisors LLC lifted its position in International Business Machines by 4.6% during the 2nd quarter. HHM Wealth Advisors LLC now owns 928 shares of the technology company's stock worth $261,000 after buying an additional 41 shares in the last quarter. Finally, Basecamp Wealth Advisors LLC increased its position in shares of International Business Machines by 2.8% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 1,598 shares of the technology company's stock worth $387,000 after purchasing an additional 44 shares during the last quarter. Institutional investors own 58.96% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on IBM shares. Susquehanna lifted their price objective on International Business Machines from $235.00 to $256.00 and gave the stock a "neutral" rating in a report on Wednesday, October 21st. Jefferies Financial Group increased their price target on International Business Machines from $270.00 to $280.00 and gave the stock a "buy" rating in a research report on Thursday, October 22nd. Yorkville Ives began coverage on International Business Machines in a research note on Monday, October 5th. They issued an "outperform" rating and a $275.00 target price on the stock. Craig Hallum assumed coverage on shares of International Business Machines in a research report on Wednesday, August 19th. They issued a "buy" rating for the company. Finally, Sanford C. Bernstein reduced their price objective 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. Twenty research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, International Business Machines currently has an average rating of "Moderate Buy" and an average target price of $266.12.

Key Stories Impacting International Business Machines

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

• Positive Sentiment: Quantum-computing milestone: IBM reported a breakthrough in which researchers connected quantum processors while achieving 99% accuracy. The development strengthens IBM’s long-term technology narrative, although the commercial impact is likely to take time. IBM Achieves 99% Accuracy in Major Quantum Computing Breakthrough
• Positive Sentiment: AI-agent controls support enterprise strategy: IBM introduced tools for agent discovery, verified identities, access controls and performance monitoring. These capabilities could help enterprises deploy AI agents more securely and expand demand for IBM’s software, cloud and consulting offerings. IBM Introduces Identity and Control for AI Agents
• Positive Sentiment: Five-year U.S. Open renewal: IBM will remain the official AI and cloud partner of the U.S. Open through 2031. Record engagement of more than 270 million interactions across tournament digital platforms provides evidence of customer adoption and brand visibility, though the direct financial contribution is not disclosed. USTA and IBM Announce Five-Year Renewal
• Positive Sentiment: Cash-flow outlook: Commentary highlighting IBM’s expectation for free cash flow to increase by more than $1 billion in 2026 supports the investment case for dividends, debt reduction and shareholder returns. A $1 Billion Reason to Consider Buying the IBM Stock Dip
• Neutral Sentiment: Mixed comparative outlook: Analysts comparing IBM with Qualcomm see both companies expanding in AI, but differing growth rates, competitive pressures and valuations make the relative upside uncertain. IBM’s appeal is centered on enterprise relationships and recurring software and cloud revenue rather than rapid growth. IBM vs. Qualcomm: Which AI Tech Giant Has More Upside Now?
• Neutral Sentiment: Analyst stance remains cautious: Susquehanna maintained a Hold rating, suggesting the recent AI and quantum announcements have not yet changed the broader risk-reward assessment.
• Negative Sentiment: Technical weakness: A report that IBM shares fell below their 200-day moving average signals deteriorating momentum and may encourage short-term selling, even as longer-term investors focus on cash flow and AI growth. IBM Shares Break Below Two Hundred Day Moving Average

Insiders Place Their Bets

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

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.

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