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

Representative Lloyd Doggett (Democratic-Texas) recently bought shares of International Business Machines Corporation (NYSE:IBM). In a filing disclosed on April 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in International Business Machines stock on March 10th.

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

• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 3/26/2026.
• Purchased $1,001 – $15,000 in shares of PPG Industries (NYSE:PPG) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 3/10/2026.
• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 2/17/2026.

International Business Machines Price Performance

International Business Machines stock traded down $3.10 during midday trading on Friday, reaching $234.09. 1,376,996 shares of the stock traded hands, compared to its average volume of 5,645,662. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 1.67. International Business Machines Corporation has a 12 month low of $220.72 and a 12 month high of $324.90. The stock’s fifty day moving average is $255.75 and its 200-day moving average is $283.31. The stock has a market cap of $219.58 billion, a P/E ratio of 20.99, a PEG ratio of 2.41 and a beta of 0.69.

International Business Machines (NYSE:IBM) last posted its earnings results on Wednesday, January 28th. The technology company reported $4.52 EPS for the quarter, beating analysts’ consensus estimates of $4.33 by $0.19. International Business Machines had a return on equity of 38.15% and a net margin of 15.69%.The firm had revenue of $19.69 billion during the quarter, compared to the consensus estimate of $19.23 billion. During the same period in the prior year, the company earned $3.92 EPS. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. As a group, equities research analysts anticipate that International Business Machines Corporation will post 10.78 EPS for the current year.

International Business Machines Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th were given a $1.68 dividend. This represents a $6.72 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Tuesday, February 10th. International Business Machines’s payout ratio is currently 60.27%.

Key Headlines Impacting International Business Machines

Here are the key news stories impacting International Business Machines this week:

• Positive Sentiment: Citigroup initiated coverage with a “Buy” rating and a $285 price target (about a 20% upside from the referenced price), giving investors a fresh analyst vote of confidence that may support near?term buying interest.
• Positive Sentiment: IBM helped form the Shared AI License Foundation (SAIL), a collaborative patent network for AI foundation models — a strategic move that strengthens IBM’s positioning and long?term moat in enterprise AI. IBM’s SAIL Move Reframes AI Patent Sharing And Long Term Moat
• Positive Sentiment: Insider purchases and pockets of institutional accumulation are visible in recent data (several insiders bought shares; some asset managers added positions), which can be interpreted as management and select investors having conviction. $IBM stock is down 3% today. Here’s what we see in our data.
• Neutral Sentiment: IBM will report first?quarter 2026 results on April 22; upcoming earnings and the conference call add event risk/volatility and will likely reprice sentiment based on revenue, AI adoption metrics and guidance. IBM to Announce First-Quarter 2026 Financial Results
• Neutral Sentiment: Broader tech narrative pieces (open?source/platform evolution and dividend?stock roundups) mention legacy tech names like IBM; these shape longer?term perception but aren’t immediate price drivers. Open Source, After Mythos 5 Forgotten Old-School Tech Dividend Stocks That Could Crush The Market in 2026
• Negative Sentiment: Several analysts trimmed price targets ahead of earnings (Stifel cut its target from $340 to $290, others pared targets), which pressures sentiment and can trigger short?term selling. Stifel Resets IBM Stock Price Target Ahead of Earnings IBM Stock Falls as Analysts Cut Price Targets to $290
• Negative Sentiment: IBM has underperformed some peers recently and was reported trading down after an analyst downgrade; coupled with heavy trading and a large institutional reduction by a major manager (UBS removed a sizable position), these flows are likely a core reason the stock is lower. International Business Machines (NYSE:IBM) Trading Down 1.4% Following Analyst Downgrade International Business Machines Corp. stock underperforms Thursday

Hedge Funds Weigh In On International Business Machines

A number of large investors have recently bought and sold shares of the business. Basepoint Wealth LLC bought a new stake in shares of International Business Machines during the fourth quarter worth $25,000. Family CFO Inc bought a new position in shares of International Business Machines in the fourth quarter worth about $25,000. Joseph Group Capital Management purchased a new position in International Business Machines in the 4th quarter worth about $28,000. Cornerstone Financial Management LLC purchased a new position in International Business Machines in the 4th quarter worth about $28,000. Finally, Mountain Hill Investment Partners Corp. bought a new stake in International Business Machines during the 3rd quarter valued at about $28,000. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Erste Group Bank downgraded shares of International Business Machines from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. DZ Bank raised International Business Machines to a “hold” rating in a research report on Wednesday, February 11th. Wall Street Zen lowered International Business Machines from a “buy” rating to a “hold” rating in a report on Sunday, January 11th. Royal Bank Of Canada set a $361.00 price objective on shares of International Business Machines in a research note on Thursday, January 29th. Finally, BMO Capital Markets reduced their target price on shares of International Business Machines from $350.00 to $290.00 and set a “market perform” rating on the stock in a research note on Thursday, March 19th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $309.63.

Insider Transactions at International Business Machines

In other news, Director David N. Farr acquired 1,000 shares of International Business Machines stock in a transaction on Friday, January 30th. The shares were bought at an average cost of $304.00 per share, for a total transaction of $304,000.00. Following the acquisition, the director directly owned 9,258 shares of the company’s stock, valued at $2,814,432. This trade represents a 12.11% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Michael Miebach bought 434 shares of the stock in a transaction on Wednesday, February 25th. The stock was purchased at an average price of $233.33 per share, with a total value of $101,265.22. Following the completion of the acquisition, the director directly owned 434 shares in the company, valued at approximately $101,265.22. This trade represents a ? increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 1,484 shares of company stock worth $417,157 over the last 90 days. Insiders own 0.27% 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 (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.