Rep. Gilbert Ray Cisneros, Jr. Buys International Business Machines Corporation (NYSE:IBM) Shares

Key Points

• Rep. Gilbert Ray Cisneros, Jr. disclosed buying International Business Machines shares on April 14, in a trade valued between $15,001 and $50,000.
• IBM recently posted better-than-expected quarterly results, with earnings of $1.91 per share versus estimates of $1.81 and revenue of $15.92 billion, up 9.5% year over year.
• The company also raised its quarterly dividend to $1.69 per share, bringing the annualized payout to $6.76 and a yield of about 3.0%.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of International Business Machines Corporation NYSE: IBM. In a filing disclosed on May 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in International Business Machines stock on April 14th.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Revvity NYSE: RVTY on 5/1/2026.
• Sold $1,001 - $15,000 in shares of Flex NASDAQ: FLEX on 5/1/2026.
• Purchased $1,001 - $15,000 in shares of LPL Financial NASDAQ: LPLA on 5/1/2026.
• Purchased $1,001 - $15,000 in shares of FirstService NASDAQ: FSV on 5/1/2026.
• Sold $1,001 - $15,000 in shares of SS&C Technologies NASDAQ: SSNC on 5/1/2026.
• Purchased $1,001 - $15,000 in shares of Wayfair NYSE: W on 5/1/2026.
• Purchased $1,001 - $15,000 in shares of STERIS NYSE: STE on 5/1/2026.
• Purchased $1,001 - $15,000 in shares of DoorDash NASDAQ: DASH on 5/1/2026.
• Purchased $1,001 - $15,000 in shares of Sensata Technologies NYSE: ST on 5/1/2026.
• Purchased $1,001 - $15,000 in shares of Veralto NYSE: VLTO on 5/1/2026.

International Business Machines Price Performance

IBM opened at $223.69 on Tuesday. The company has a fifty day moving average price of $242.51 and a two-hundred day moving average price of $277.03. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.76 and a current ratio of 0.80. International Business Machines Corporation has a 52 week low of $220.72 and a 52 week high of $324.90. The firm has a market capitalization of $210.25 billion, a PE ratio of 19.78, a P/E/G ratio of 2.38 and a beta of 0.58.

International Business Machines (NYSE:IBM - Get Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, beating analysts' consensus estimates of $1.81 by $0.10. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The company had revenue of $15.92 billion for the quarter, compared to the consensus estimate of $15.60 billion. During the same quarter in the prior year, the business posted $1.60 EPS. The firm's quarterly revenue was up 9.5% on a year-over-year basis. As a group, analysts anticipate that International Business Machines Corporation will post 12.4 earnings per share for the current year.

International Business Machines Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 8th will be issued a $1.69 dividend. This is an increase from International Business Machines's previous quarterly dividend of $1.68. This represents a $6.76 annualized dividend and a yield of 3.0%. The ex-dividend date is Friday, May 8th. International Business Machines's dividend payout ratio (DPR) is currently 59.77%.

More International Business Machines News

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

• Positive Sentiment: IBM continues to lean into artificial intelligence and data governance, highlighted by the general availability of IBM Sovereign Core announced at Think 2026. That could support long-term demand from enterprises and governments looking for compliant AI infrastructure. Why International Business Machines (IBM) Is Leaning Into Sovereign AI and Governance
• Positive Sentiment: Broader industry research points to rapid growth in the generative AI server market, which could benefit IBM’s AI, cloud, and infrastructure offerings if it captures share in enterprise deployments. Generative AI Server Market Research and Forecast Report 2025-2030: Lucrative Opportunities in AI Chip Innovation and Open Hardware Initiatives and Emerging Markets
• Neutral Sentiment: Some commentary is framing IBM as a beaten-down stock that may interest value-oriented investors, but that is more of a watchlist catalyst than a clear near-term driver. Catching Falling Knives: Is Time to Buy These Beaten-Down Stocks?
• Neutral Sentiment: Recent articles note that IBM beat earnings expectations, but the stock’s momentum has weakened anyway, indicating investors are worried about the durability of growth and the market’s skepticism toward the turnaround story. IBM Beats Earnings Expectations—So Why Is The Stock Still Sliding And Momentum Collapsing?
• Negative Sentiment: A lawsuit alleging racially discriminatory layoffs involving Black executives adds potential legal, reputational, and ESG risk for IBM, which can weigh on investor sentiment. IBM Lawsuit Over Black Executive Layoffs Tests Governance And ESG Story
• Negative Sentiment: One note flagged weak forecast expectations for IBM’s FY2027 earnings, reinforcing concerns that future growth may not be strong enough to justify a higher valuation. Erste Group Bank Has Weak Forecast for IBM FY2027 Earnings

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of International Business Machines in the 4th quarter valued at approximately $2,446,429,000. Capital World Investors raised its holdings in International Business Machines by 29.2% during the 4th quarter. Capital World Investors now owns 22,021,912 shares of the technology company's stock worth $6,523,720,000 after buying an additional 4,976,756 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in International Business Machines by 83.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,617,117 shares of the technology company's stock valued at $1,663,847,000 after buying an additional 2,553,552 shares in the last quarter. Corient Private Wealth LLC boosted its holdings in shares of International Business Machines by 359.6% in the fourth quarter. Corient Private Wealth LLC now owns 1,896,675 shares of the technology company's stock valued at $561,814,000 after buying an additional 1,484,026 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in shares of International Business Machines by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 97,216,131 shares of the technology company's stock valued at $28,796,390,000 after buying an additional 1,439,824 shares during the period. 58.96% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently commented on IBM. Evercore upped their price objective on International Business Machines from $330.00 to $345.00 and gave the company an "outperform" rating in a report on Thursday, January 29th. Stifel Nicolaus decreased their target price on International Business Machines from $340.00 to $290.00 and set a "buy" rating for the company in a research report on Wednesday, April 8th. Wedbush reaffirmed an "outperform" rating and issued a $320.00 price target on shares of International Business Machines in a research note on Wednesday, May 6th. JPMorgan Chase & Co. cut their price target on shares of International Business Machines from $317.00 to $283.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 18th. Finally, Weiss Ratings lowered shares of International Business Machines from a "buy (b)" rating to a "buy (b-)" rating in a research note on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, International Business Machines presently has an average rating of "Moderate Buy" and a consensus price target of $294.41.

Insider Activity at International Business Machines

In related news, Director Michael Miebach acquired 434 shares of the company's stock in a transaction that occurred on Wednesday, February 25th. The shares were acquired at an average cost of $233.33 per share, for a total transaction of $101,265.22. Following the completion of the acquisition, the director directly owned 434 shares in the company, valued at approximately $101,265.22. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.27% of the stock is currently owned by insiders.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About International Business Machines

International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.

IBM's principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.

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