Representative Jonathan L. Jackson (D-Illinois) recently bought shares of International Business Machines Corporation NYSE: IBM. In a filing disclosed on July 14th, the Representative disclosed that they had bought between $15,001 and $50,000 in International Business Machines stock on June 3rd. The trade occurred in the Representative's "MORGAN STANLEY TRUST ACCOUNT" account.
Representative Jonathan L. Jackson also recently made the following trade(s):
- 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.
- Purchased $50,001 - $100,000 in shares of International Business Machines NYSE: IBM 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.
International Business Machines Price Performance
Shares of IBM traded down $20.17 during trading hours on Thursday, reaching $261.84. 14,460,288 shares of the stock traded hands, compared to its average volume of 4,553,960. The company has a current ratio of 1.01, a quick ratio of 0.97 and a debt-to-equity ratio of 2.09. International Business Machines Corporation has a 52-week low of $181.81 and a 52-week high of $296.16. The company's 50-day moving average price is $277.95 and its two-hundred day moving average price is $255.30. The company has a market cap of $243.35 billion, a P/E ratio of 45.07, a price-to-earnings-growth ratio of 6.01 and a beta of 0.69.
International Business Machines (NYSE:IBM - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The technology company reported $2.80 EPS for the quarter, topping the consensus estimate of $2.65 by $0.15. The business had revenue of $16.98 billion for the quarter, compared to analysts' expectations of $16.58 billion. International Business Machines had a net margin of 8.71% and a return on equity of 37.43%. The business's quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.43 EPS. On average, analysts anticipate 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 announced a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Friday, May 9th were paid 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 dividend on an annualized basis and a dividend yield of 2.57%. International Business Machines's payout ratio is 115.66%.
Hedge Funds Weigh In On International Business Machines
Large investors have recently made changes to their positions in the stock. Lifestyle Asset Management Inc. boosted its holdings in shares of International Business Machines by 1.7% in the second quarter. Lifestyle Asset Management Inc. now owns 2,144 shares of the technology company's stock worth $632,000 after acquiring an additional 36 shares during the period. Whelan Financial boosted its holdings in shares of International Business Machines by 2.4% in the second quarter. Whelan Financial now owns 1,525 shares of the technology company's stock worth $450,000 after acquiring an additional 36 shares during the period. Ignite Planners LLC boosted its holdings in shares of International Business Machines by 0.9% in the second quarter. Ignite Planners LLC now owns 3,964 shares of the technology company's stock worth $1,133,000 after acquiring an additional 36 shares during the period. Blue Edge Capital LLC boosted its holdings in shares of International Business Machines by 0.6% in the first quarter. Blue Edge Capital LLC now owns 6,776 shares of the technology company's stock worth $1,685,000 after acquiring an additional 39 shares during the period. Finally, Johnson Bixby & Associates LLC boosted its holdings in shares of International Business Machines by 3.3% in the second quarter. Johnson Bixby & Associates LLC now owns 1,208 shares of the technology company's stock worth $356,000 after acquiring an additional 39 shares during the period. Hedge funds and other institutional investors own 58.96% of the company's stock.
Analysts Set New Price Targets
Several analysts have recently issued reports on the stock. Citigroup restated an "outperform" rating on shares of International Business Machines in a research report on Saturday, May 10th. Melius Research raised shares of International Business Machines to a "strong-buy" rating in a research report on Monday, July 7th. Bank of America decreased their price target on shares of International Business Machines from $320.00 to $310.00 and set a "buy" rating for the company in a report on Thursday. Wall Street Zen lowered shares of International Business Machines from a "buy" rating to a "hold" rating in a research report on Wednesday, May 21st. Finally, Stifel Nicolaus increased their price objective on shares of International Business Machines from $290.00 to $310.00 and gave the company a "buy" rating in a report on Wednesday, July 16th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $268.75.
Check Out Our Latest Analysis on IBM
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.
International Business Machines Company Profile
(
Get Free Report)
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.
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