Rep. Lloyd Doggett Buys International Business Machines Corporation (NYSE:IBM) Shares

Representative Lloyd Doggett (D-Texas) recently bought shares of International Business Machines Corporation NYSE: IBM. In a filing disclosed on July 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in International Business Machines stock on June 10th.

Representative Lloyd Doggett also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Home Depot NYSE: HD on 6/18/2025.
• Purchased $1,001 - $15,000 in shares of PPG Industries NYSE: PPG on 6/12/2025.
• Purchased $1,001 - $15,000 in shares of Johnson & Johnson NYSE: JNJ on 6/10/2025.
• Purchased $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 5/15/2025.

International Business Machines Trading Up 0.0%

International Business Machines stock traded up $0.06 during mid-day trading on Wednesday, hitting $282.02. 7,973,938 shares of the company's stock were exchanged, compared to its average volume of 4,260,418. The firm has a market capitalization of $262.10 billion, a P/E ratio of 48.54, a PEG ratio of 6.01 and a beta of 0.69. International Business Machines Corporation has a fifty-two week low of $181.81 and a fifty-two week high of $296.16. The company has a quick ratio of 0.97, a current ratio of 1.01 and a debt-to-equity ratio of 2.09. The company's 50 day simple moving average is $277.95 and its 200-day simple moving average is $255.30.

International Business Machines (NYSE:IBM - Get Free Report) last released 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 $2.64 by $0.16. International Business Machines had a return on equity of 37.43% and a net margin of 8.71%. 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 firm posted $2.43 earnings per share. On average, equities analysts anticipate that International Business Machines Corporation will post 10.78 earnings per share for the current year.

International Business Machines Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Friday, May 9th were paid a $1.68 dividend. This represents a $6.72 dividend on an annualized basis and a dividend yield of 2.38%. This is an increase from International Business Machines's previous quarterly dividend of $1.67. International Business Machines's dividend payout ratio is 115.66%.

Analyst Ratings Changes

IBM has been the subject of several recent analyst reports. BMO Capital Markets raised their target price on shares of International Business Machines from $260.00 to $300.00 and gave the company a "market perform" rating in a research note on Friday, July 18th. UBS Group restated a "sell" rating and set a $195.00 price objective (up previously from $170.00) on shares of International Business Machines in a report on Wednesday, July 9th. Morgan Stanley reduced their price objective on International Business Machines from $237.00 to $233.00 and set an "equal weight" rating for the company in a report on Thursday, April 24th. Melius Research upgraded shares of International Business Machines to a "strong-buy" rating in a research report on Monday, July 7th. Finally, Stifel Nicolaus lifted their price target on shares of International Business Machines from $290.00 to $310.00 and gave the company a "buy" rating in a research report on Wednesday, July 16th. One research 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 a consensus rating of "Moderate Buy" and a consensus price target of $266.19.

Institutional Trading of International Business Machines

A number of institutional investors have recently bought and sold shares of the company. Family CFO Inc acquired a new stake in shares of International Business Machines in the 2nd quarter worth about $25,000. Christopher J. Hasenberg Inc acquired a new stake in shares of International Business Machines in the 1st quarter worth about $27,000. SSA Swiss Advisors AG acquired a new stake in shares of International Business Machines in the 1st quarter worth about $28,000. Highline Wealth Partners LLC raised its holdings in shares of International Business Machines by 85.0% in the 2nd quarter. Highline Wealth Partners LLC now owns 111 shares of the technology company's stock worth $33,000 after acquiring an additional 51 shares during the last quarter. Finally, Dagco Inc. acquired a new stake in shares of International Business Machines in the 1st quarter worth about $31,000. Institutional investors own 58.96% of the company's stock.

About Representative Doggett

Lloyd Doggett (Democratic Party) is a member of the U.S. House, representing Texas' 37th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Doggett (Democratic Party) is running for re-election to the U.S. House to represent Texas' 37th Congressional District. He declared candidacy for the 2026 election. Lloyd Doggett was born in Austin, Texas. Doggett graduated from Austin High School in 1964. He earned a B.A. from the University of Texas at Austin in 1967 and a J.D. from the University of Texas in 1970. Doggett's career experience includes working as an adjunct professor with the University of Texas School of Law. In the 116th Congress, Doggett served on the House Ways & Means Committee, and he co-founded the House Prescription Drug Taskforce.

International Business Machines Company Profile

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.