Representative Lloyd Doggett (Democratic-Texas) recently bought shares of International Business Machines Corporation (NYSE:IBM). In a filing disclosed on July 06th, 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 6/18/2026.
- Purchased $1,001 – $15,000 in shares of PPG Industries (NYSE:PPG) on 6/12/2026.
- Purchased $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 6/9/2026.
- Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 5/15/2026.
International Business Machines Stock Performance
IBM stock opened at $305.98 on Wednesday. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.80 and a quick ratio of 0.76. International Business Machines Corporation has a 1 year low of $212.34 and a 1 year high of $332.46. The company has a market cap of $287.59 billion, a P/E ratio of 27.05, a price-to-earnings-growth ratio of 3.09 and a beta of 0.68. The stock’s fifty day moving average price is $259.83 and its 200-day moving average price is $266.05.
International Business Machines Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th were issued a dividend of $1.69 per share. This represents a $6.76 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, May 8th. This is a positive change from International Business Machines’s previous quarterly dividend of $1.68. International Business Machines’s payout ratio is currently 59.77%.
Analysts Set New Price Targets
A number of analysts have commented on the stock. HSBC raised shares of International Business Machines from a “reduce” rating to a “hold” rating and upped their target price for the company from $218.00 to $231.00 in a report on Tuesday, April 28th. BMO Capital Markets reduced their price target on International Business Machines from $290.00 to $270.00 and set a “market perform” rating for the company in a research report on Thursday, April 23rd. Morgan Stanley upgraded International Business Machines from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, June 23rd. Piper Sandler upgraded shares of International Business Machines to an “overweight” rating in a research note on Tuesday, June 23rd. Finally, Citigroup lifted their price target on shares of International Business Machines from $285.00 to $375.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. Sixteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $306.47.
Read Our Latest Report on International Business Machines
Key Headlines Impacting International Business Machines
Here are the key news stories impacting International Business Machines this week:
- Positive Sentiment: Bank of America raised IBM’s price target to $330 and kept a buy rating, citing stronger software performance, Red Hat momentum, and the possibility of a modest 2026 guidance increase. IBM Stock Jumps as BofA Securities Flags Strong Q2, Potential 2026 Guidance Hike
- Positive Sentiment: IBM unveiled new compact z17 and LinuxONE 5 systems, plus AI and automation upgrades, which could support enterprise demand by making deployments more flexible and cheaper for customers with data-center constraints. IBM Launches Compact z17 and LinuxONE Systems to Address Data Center Space and Cost Constraints
- Positive Sentiment: Traders also pointed to a bullish “Power Inflow” order-flow signal, suggesting institutional and retail buying interest remains strong. IBM Shares Close Higher After Key Trading Signal
- Positive Sentiment: Coverage focused on IBM’s quantum computing efforts also helped sentiment, with reports highlighting the company’s leadership in the category and its growing strategic importance. IBM stock jumps on quantum computing breakthrough with U.S. scientists
- Neutral Sentiment: Broader market strength in the Dow also provided a tailwind, with IBM mentioned as a winner in a strong blue-chip session. Stock Market Today: Nasdaq Is Day’s Biggest Loser; Sandisk, Micron Tumble, Eli Lilly Shines
- Neutral Sentiment: Investors are also waiting for IBM’s July 22 earnings report, which could confirm whether the company’s AI and infrastructure initiatives are translating into stronger results. Dear IBM Stock Fans, Mark Your Calendars for July 22
Institutional Investors Weigh In On International Business Machines
Several large investors have recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in shares of International Business Machines by 12.4% in the 4th quarter. Brighton Jones LLC now owns 21,011 shares of the technology company’s stock valued at $4,619,000 after acquiring an additional 2,323 shares during the last quarter. Sivia Capital Partners LLC increased its stake in International Business Machines by 10.6% during the second quarter. Sivia Capital Partners LLC now owns 1,938 shares of the technology company’s stock worth $571,000 after acquiring an additional 186 shares during the last quarter. Jump Financial LLC bought a new stake in International Business Machines during the second quarter worth approximately $211,000. Ieq Capital LLC raised its position in International Business Machines by 2.2% during the second quarter. Ieq Capital LLC now owns 38,617 shares of the technology company’s stock valued at $11,383,000 after purchasing an additional 843 shares during the period. Finally, Vivaldi Capital Management LP lifted its stake in shares of International Business Machines by 11.6% in the 2nd quarter. Vivaldi Capital Management LP now owns 1,017 shares of the technology company’s stock valued at $300,000 after purchasing an additional 106 shares during the last quarter. 58.96% of the stock is owned by institutional investors.
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 (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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