Rep. Maria Elvira Salazar Buys International Business Machines Corporation (NYSE:IBM) Stock

Representative Maria Elvira Salazar (Republican-Florida) recently bought shares of International Business Machines Corporation (NYSE:IBM). In a filing disclosed on June 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in International Business Machines stock on May 21st. The trade occurred in the Representative’s “UBS BROKERAGE ACCOUNT” account.

Representative Maria Elvira Salazar also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Brookfield Renewable Partners (NYSE:BEP) on 5/29/2026.
• Purchased $15,001 – $50,000 in shares of Datadog (NASDAQ:DDOG) on 5/19/2026.
• Purchased $1,001 – $15,000 in shares of Datadog (NASDAQ:DDOG) on 5/19/2026.
• Purchased $15,001 – $50,000 in shares of Qualcomm (NASDAQ:QCOM) on 5/13/2026.
• Purchased $1,001 – $15,000 in shares of Qualcomm (NASDAQ:QCOM) on 5/13/2026.
• Sold $1,001 – $15,000 in shares of Sherwin-Williams (NYSE:SHW) on 5/12/2026.
• Purchased $1,001 – $15,000 in shares of Biogen (NASDAQ:BIIB) on 5/12/2026.
• Purchased $50,001 – $100,000 in shares of Biogen (NASDAQ:BIIB) on 5/11/2026.
• Sold $1,001 – $15,000 in shares of Whirlpool (NYSE:WHR) on 5/11/2026.
• Purchased $1,001 – $15,000 in shares of Biogen (NASDAQ:BIIB) on 5/11/2026.

International Business Machines Stock Down 1.7%

Shares of NYSE:IBM traded down $4.71 during mid-day trading on Wednesday, hitting $272.78. 5,272,584 shares of the company traded hands, compared to its average volume of 7,133,325. The firm has a market cap of $256.38 billion, a P/E ratio of 24.12, a PEG ratio of 2.91 and a beta of 0.67. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.76 and a current ratio of 0.80. International Business Machines Corporation has a 52-week low of $212.34 and a 52-week high of $332.46. The firm’s 50 day simple moving average is $248.08 and its 200 day simple moving average is $270.61.

International Business Machines (NYSE:IBM) last announced its earnings results on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.81 by $0.10. The business had revenue of $15.92 billion for the quarter, compared to the consensus estimate of $15.60 billion. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The company’s revenue was up 9.5% on a year-over-year basis. During the same period last year, the business posted $1.60 EPS. On average, equities analysts anticipate that International Business Machines Corporation will post 12.4 EPS for the current year.

International Business Machines Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 8th will be issued a dividend of $1.69 per share. This represents a $6.76 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Friday, May 8th. This is an increase from International Business Machines’s previous quarterly dividend of $1.68. International Business Machines’s dividend payout ratio (DPR) is 59.77%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Family CFO Inc acquired a new position in International Business Machines during the 4th quarter valued at approximately $25,000. Basepoint Wealth LLC acquired a new position in International Business Machines during the 4th quarter valued at approximately $25,000. Portus Wealth Advisors LLC acquired a new position in International Business Machines during the 1st quarter valued at approximately $26,000. Joseph Group Capital Management acquired a new position in International Business Machines during the 4th quarter valued at approximately $28,000. Finally, Cornerstone Financial Management LLC acquired a new position in International Business Machines during the 4th quarter valued at approximately $28,000. Institutional investors and hedge funds own 58.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on IBM shares. Barclays started coverage on International Business Machines in a research note on Monday, June 1st. They set an “overweight” rating and a $350.00 price objective for the company. UBS Group upgraded International Business Machines from a “sell” rating to a “neutral” rating and set a $236.00 price objective for the company in a research note on Wednesday, February 25th. Erste Group Bank lowered International Business Machines from a “buy” rating to a “hold” rating in a research note on Wednesday, February 18th. HSBC upgraded International Business Machines from a “reduce” rating to a “hold” rating and raised their price objective for the company from $218.00 to $231.00 in a research note on Tuesday, April 28th. Finally, Wedbush set a $350.00 price objective on International Business Machines in a research note on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $304.17.

Key International Business Machines News

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

• Positive Sentiment: Jim Cramer publicly said he prefers IBM over speculative quantum names, which may have helped support sentiment by positioning IBM as the more established way to play quantum and AI. Jim Cramer Recommends IBM Over Xanadu Quantum
• Positive Sentiment: IBM announced an expanded global collaboration with JA Worldwide to deliver AI and digital-skills training to up to one million high-school students, reinforcing IBM’s brand in education and workforce development. JA Worldwide and IBM Expand Global Collaboration with Goal of Delivering AI and Digital Skills to Up to One Million High-School Students
• Positive Sentiment: Commentary across multiple outlets highlighted IBM CEO Arvind Krishna’s emphasis on quantum computing, AI, and a long-term profit strategy, which supports the narrative that IBM is building optionality in next-generation tech. IBM CEO: AI Won’t Necessarily Lead To Smaller Headcount
• Neutral Sentiment: Analysts and media continued debating IBM’s valuation versus other AI infrastructure names, with one comparison piece arguing peers may offer faster growth and cheaper valuations than IBM. Celestica vs. IBM: Which AI Infrastructure Stock is the Better Buy?
• Neutral Sentiment: Coverage also continued to frame IBM as a long-term AI and quantum winner, but some reports noted the stock may need a pullback before offering a more attractive entry point. IBM Just Placed a $10 Billion Bet to Become the Nvidia of Quantum Computing

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida’s 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida’s 27th Congressional District. She won in the general election on November 5, 2024.

Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

About International Business Machines

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.