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

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 Stock Up 1.4%

Shares of NYSE IBM opened at $286.04 on Friday. International Business Machines Corporation has a 12 month low of $181.81 and a 12 month high of $296.16. The company has a current ratio of 1.01, a quick ratio of 0.97 and a debt-to-equity ratio of 2.09. The firm has a market capitalization of $265.85 billion, a price-to-earnings ratio of 49.23, a PEG ratio of 6.00 and a beta of 0.69. The business has a 50-day moving average of $276.39 and a 200-day moving average of $254.26.

International Business Machines (NYSE:IBM) last announced its quarterly earnings data on Wednesday, April 23rd. The technology company reported $1.60 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.18. International Business Machines had a return on equity of 37.43% and a net margin of 8.71%. The firm had revenue of $14.54 billion during the quarter, compared to the consensus estimate of $14.41 billion. During the same quarter in the previous year, the company posted $1.68 earnings per share. The business’s revenue was up .5% on a year-over-year basis. Sell-side analysts expect that International Business Machines Corporation will post 10.78 earnings per share for the current fiscal year.

International Business Machines Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Friday, May 9th were issued a dividend of $1.68 per share. This is a positive change from International Business Machines’s previous quarterly dividend of $1.67. This represents a $6.72 annualized dividend and a dividend yield of 2.35%. International Business Machines’s payout ratio is presently 115.66%.

Hedge Funds Weigh In On International Business Machines

Large investors have recently bought and sold shares of the business. Christopher J. Hasenberg Inc bought a new stake in International Business Machines during the 1st quarter valued at $27,000. SSA Swiss Advisors AG bought a new position in shares of International Business Machines in the 1st quarter worth $28,000. Dagco Inc. bought a new position in shares of International Business Machines in the 1st quarter worth $31,000. Silicon Valley Capital Partners raised its position in shares of International Business Machines by 322.6% in the 1st quarter. Silicon Valley Capital Partners now owns 131 shares of the technology company’s stock worth $32,000 after acquiring an additional 100 shares in the last quarter. Finally, Highline Wealth Partners LLC grew its stake in International Business Machines by 85.0% during the 2nd quarter. Highline Wealth Partners LLC now owns 111 shares of the technology company’s stock worth $33,000 after buying an additional 51 shares during the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on IBM. Jefferies Financial Group reissued a “hold” rating on shares of International Business Machines in a research note on Wednesday, April 23rd. Wall Street Zen downgraded International Business Machines from a “buy” rating to a “hold” rating in a report on Wednesday, May 21st. UBS Group reissued a “sell” rating and issued a $195.00 target price (up previously from $170.00) on shares of International Business Machines in a report on Wednesday, July 9th. Morgan Stanley lowered their target price on International Business Machines from $237.00 to $233.00 and set an “equal weight” rating on the stock in a report on Thursday, April 24th. Finally, KGI Securities set a $242.00 target price on International Business Machines and gave the company a “hold” rating in a report on Thursday, April 24th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $266.19.

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.