International Business Machines (NYSE:IBM) Stock Purchased Rep. Jonathan L. Jackson

Representative Jonathan L. Jackson (D-Illinois) recently bought shares of International Business Machines Corporation NYSE: IBM. In a filing disclosed on June 13th, the Representative disclosed that they had bought between $50,001 and $100,000 in International Business Machines stock on May 14th. The trade occurred in the Representative's "MORGAN STANLEY TRUST ACCOUNT" account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of International Business Machines NYSE: IBM on 6/3/2025.
• Sold $15,001 - $50,000 in shares of Eli Lilly and Company NYSE: LLY on 6/3/2025.
• Sold $15,001 - $50,000 in shares of Church & Dwight NYSE: CHD on 5/14/2025.
• Sold $50,001 - $100,000 in shares of Linde NASDAQ: LIN on 5/7/2025.
• Sold $15,001 - $50,000 in shares of Alphabet NASDAQ: GOOGL on 4/21/2025.
• Purchased $15,001 - $50,000 in shares of Eli Lilly and Company NYSE: LLY on 4/21/2025.
• Purchased $50,001 - $100,000 in shares of Netflix NASDAQ: NFLX on 4/16/2025.
• Sold $15,001 - $50,000 in shares of Amazon.com NASDAQ: AMZN on 4/16/2025.
• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/16/2025.
• Sold $15,001 - $50,000 in shares of Aramark NYSE: ARMK on 4/10/2025.

International Business Machines Trading Down 0.3%

Shares of IBM stock traded down $0.81 on Friday, reaching $259.70. The company had a trading volume of 7,751,998 shares, compared to its average volume of 4,403,863. The company has a current ratio of 0.91, a quick ratio of 0.97 and a debt-to-equity ratio of 2.00. The stock has a market cap of $241.36 billion, a PE ratio of 42.16, a PEG ratio of 5.52 and a beta of 0.69. The company has a 50-day moving average of $277.69 and a 200-day moving average of $255.81. International Business Machines Corporation has a 12 month low of $181.81 and a 12 month high of $296.16.

International Business Machines (NYSE:IBM - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The technology company reported $2.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.65 by $0.15. International Business Machines had a return on equity of 37.62% and a net margin of 9.11%. The business had revenue of $16.98 billion during the quarter, compared to analysts' expectations of $16.58 billion. During the same period in the prior year, the business earned $2.43 EPS. International Business Machines's revenue for the quarter was up 7.7% compared to the same quarter last year. On average, equities analysts forecast that International Business Machines Corporation will post 10.78 earnings per share for the current year.

International Business Machines Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Friday, May 9th were issued a dividend of $1.68 per share. This is a boost from International Business Machines's previous quarterly dividend of $1.67. This represents a $6.72 annualized dividend and a yield of 2.59%. International Business Machines's payout ratio is currently 109.09%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on IBM shares. Jefferies Financial Group reaffirmed a "hold" rating on shares of International Business Machines in a research report on Wednesday, April 23rd. BMO Capital Markets increased their price objective on International Business Machines from $260.00 to $300.00 and gave the company a "market perform" rating in a report on Friday, July 18th. Wall Street Zen raised International Business Machines from a "hold" rating to a "buy" rating in a report on Saturday. Wedbush increased their price objective on International Business Machines from $300.00 to $325.00 and gave the company an "outperform" rating in a report on Friday, June 20th. Finally, Citigroup reissued an "outperform" rating on shares of International Business Machines in a report on Saturday, May 10th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $268.75.

Hedge Funds Weigh In On International Business Machines

A number of institutional investors have recently modified their holdings of the company. Lifestyle Asset Management Inc. grew its holdings in International Business Machines by 1.7% during the second quarter. Lifestyle Asset Management Inc. now owns 2,144 shares of the technology company's stock worth $632,000 after buying an additional 36 shares in the last quarter. Whelan Financial grew its holdings in International Business Machines by 2.4% during the second quarter. Whelan Financial now owns 1,525 shares of the technology company's stock worth $450,000 after buying an additional 36 shares in the last quarter. Ignite Planners LLC grew its holdings in International Business Machines by 0.9% during the second quarter. Ignite Planners LLC now owns 3,964 shares of the technology company's stock worth $1,133,000 after buying an additional 36 shares in the last quarter. Blue Edge Capital LLC grew its holdings in International Business Machines by 0.6% during the first quarter. Blue Edge Capital LLC now owns 6,776 shares of the technology company's stock worth $1,685,000 after buying an additional 39 shares in the last quarter. Finally, Johnson Bixby & Associates LLC grew its holdings in International Business Machines by 3.3% during the second quarter. Johnson Bixby & Associates LLC now owns 1,208 shares of the technology company's stock worth $356,000 after buying an additional 39 shares in the last quarter. 58.96% of the stock is owned by institutional investors and hedge funds.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois' 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois' 1st Congressional District. He declared candidacy for the 2026 election. Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson's career experience includes working as an investment analyst and an entrepreneur.

About International Business Machines

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.