Rep. Josh Gottheimer Sells Off Shares of International Business Machines Corporation (NYSE:IBM)

Key Points

• Representative Josh Gottheimer sold shares of International Business Machines Corporation (IBM) for an amount between $1,001 and $15,000 on August 12, 2025.
• IBM recently announced a quarterly dividend of $1.68 per share, which is scheduled to be paid on September 10, 2025, with an annualized yield of 2.6%.
• Equities research analysts have raised their price targets for IBM, with Goldman Sachs projecting a new target of $310 and Royal Bank of Canada setting a target of $315.

Representative Josh Gottheimer (D-New Jersey) recently sold shares of International Business Machines Corporation NYSE: IBM. In a filing disclosed on September 05th, the Representative disclosed that they had sold between $1,001 and $15,000 in International Business Machines stock on August 12th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Natera NASDAQ: NTRA on 8/22/2025.
• Sold $1,001 - $15,000 in shares of Sysmex OTCMKTS: SSMXY on 8/21/2025.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 8/12/2025.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 8/1/2025.
• Sold $1,001 - $15,000 in shares of Walmart NYSE: WMT on 7/28/2025.
• Sold $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 7/25/2025.
• Sold $1,001 - $15,000 in shares of Natera NASDAQ: NTRA on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 7/18/2025.
• Sold $1,001 - $15,000 in shares of Independence Realty Trust NYSE: IRT on 7/16/2025.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 7/14/2025.

International Business Machines Stock Performance

Shares of NYSE:IBM opened at $256.20 on Tuesday. The company has a market cap of $238.11 billion, a P/E ratio of 41.59, a PEG ratio of 3.83 and a beta of 0.71. The company has a debt-to-equity ratio of 2.00, a quick ratio of 0.87 and a current ratio of 0.91. International Business Machines Corporation has a one year low of $201.43 and a one year high of $296.16. The business's 50-day simple moving average is $260.31 and its 200 day simple moving average is $256.97.

International Business Machines (NYSE:IBM - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The technology company reported $2.80 EPS for the quarter, beating the consensus estimate of $2.65 by $0.15. The business had revenue of $16.98 billion for the quarter, compared to the consensus estimate of $16.58 billion. International Business Machines had a return on equity of 37.62% and a net margin of 9.11%.The company's revenue was up 7.7% on a year-over-year basis. During the same period last year, the business posted $2.43 EPS. International Business Machines has set its FY 2025 guidance at EPS. On average, sell-side analysts forecast that International Business Machines Corporation will post 10.78 earnings per share for the current fiscal year.

International Business Machines Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 10th. Investors of record on Friday, August 8th will be issued a dividend of $1.68 per share. This represents a $6.72 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Friday, August 8th. International Business Machines's dividend payout ratio (DPR) is presently 109.09%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on IBM shares. The Goldman Sachs Group raised their price objective on International Business Machines from $270.00 to $310.00 and gave the company a "buy" rating in a research note on Wednesday, July 2nd. Royal Bank Of Canada raised their price objective on International Business Machines from $285.00 to $315.00 and gave the company an "outperform" rating in a research note on Thursday, July 17th. Stifel Nicolaus raised their price objective on International Business Machines from $290.00 to $310.00 and gave the company a "buy" rating in a research note on Wednesday, July 16th. Wedbush raised their price objective on International Business Machines from $300.00 to $325.00 and gave the company an "outperform" rating in a research note on Friday, June 20th. Finally, JPMorgan Chase & Co. raised their price objective on International Business Machines from $244.00 to $290.00 and gave the company a "neutral" rating in a research note on Thursday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, International Business Machines presently has a consensus rating of "Hold" and an average price target of $268.75.

Institutional Trading of International Business Machines

Several hedge funds have recently made changes to their positions in the stock. Lifestyle Asset Management Inc. lifted its holdings in shares of International Business Machines by 1.7% in the 2nd quarter. Lifestyle Asset Management Inc. now owns 2,144 shares of the technology company's stock worth $632,000 after purchasing an additional 36 shares during the last quarter. Whelan Financial lifted its holdings in shares of International Business Machines by 2.4% in the 2nd quarter. Whelan Financial now owns 1,525 shares of the technology company's stock worth $450,000 after purchasing an additional 36 shares during the last quarter. Ignite Planners LLC lifted its holdings in shares of International Business Machines by 0.9% in the 2nd quarter. Ignite Planners LLC now owns 3,964 shares of the technology company's stock worth $1,133,000 after purchasing an additional 36 shares during the last quarter. Blue Edge Capital LLC lifted its holdings in shares of International Business Machines by 0.6% in the 1st quarter. Blue Edge Capital LLC now owns 6,776 shares of the technology company's stock worth $1,685,000 after purchasing an additional 39 shares during the last quarter. Finally, Johnson Bixby & Associates LLC lifted its holdings in shares of International Business Machines by 3.3% in the 2nd quarter. Johnson Bixby & Associates LLC now owns 1,208 shares of the technology company's stock worth $356,000 after purchasing an additional 39 shares during the last quarter. Institutional investors own 58.96% of the company's stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

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.

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