Rep. David Taylor Acquires Shares of International Business Machines Corporation (NYSE:IBM)

Representative David Taylor (R-Ohio) recently bought shares of International Business Machines Corporation (NYSE:IBM). In a filing disclosed on January 21st, the Representative disclosed that they had bought between $15,001 and $50,000 in International Business Machines stock on January 8th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 1/9/2026.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/8/2026.
• Purchased $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 1/8/2026.
• Sold $15,001 – $50,000 in shares of Lam Research (NASDAQ:LRCX) on 1/8/2026.
• Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 1/8/2026.
• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 12/10/2025.
• Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 12/10/2025.
• Purchased $1,001 – $15,000 in shares of Eaton (NYSE:ETN) on 12/10/2025.
• Sold $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 12/3/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 12/3/2025.

International Business Machines Trading Down 1.0%

NYSE:IBM opened at $294.61 on Friday. The business’s 50-day simple moving average is $302.39 and its 200-day simple moving average is $282.69. International Business Machines Corporation has a fifty-two week low of $214.50 and a fifty-two week high of $324.90. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.93 and a quick ratio of 0.89. The stock has a market capitalization of $275.38 billion, a PE ratio of 35.24, a price-to-earnings-growth ratio of 2.88 and a beta of 0.70.

International Business Machines (NYSE:IBM) last released its quarterly earnings results on Wednesday, October 22nd. The technology company reported $2.65 earnings per share for the quarter, beating the consensus estimate of $2.45 by $0.20. International Business Machines had a net margin of 12.09% and a return on equity of 37.76%. The company had revenue of $16.33 billion during the quarter, compared to analysts’ expectations of $16.10 billion. During the same quarter in the prior year, the company earned $2.30 earnings per share. The business’s quarterly revenue was up 9.1% compared to the same quarter last year. Sell-side analysts expect that International Business Machines Corporation will post 10.78 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Wall Street Zen cut International Business Machines from a “buy” rating to a “hold” rating in a report on Sunday, January 11th. Stifel Nicolaus boosted their target price on International Business Machines from $295.00 to $325.00 and gave the company a “buy” rating in a research note on Tuesday, December 9th. Sanford C. Bernstein reiterated a “market perform” rating on shares of International Business Machines in a report on Wednesday, December 10th. Morgan Stanley decreased their target price on shares of International Business Machines from $256.00 to $252.00 and set an “equal weight” rating for the company in a research report on Thursday, October 23rd. Finally, Jefferies Financial Group raised shares of International Business Machines from a “hold” rating to a “buy” rating and boosted their price target for the stock from $300.00 to $360.00 in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, International Business Machines currently has a consensus rating of “Moderate Buy” and an average price target of $306.86.

Institutional Trading of International Business Machines

Hedge funds and other institutional investors have recently modified their holdings of the stock. CVA Family Office LLC increased its stake in shares of International Business Machines by 1.4% during the fourth quarter. CVA Family Office LLC now owns 2,389 shares of the technology company’s stock worth $708,000 after purchasing an additional 33 shares during the period. Foster Group Inc. lifted its holdings in shares of International Business Machines by 1.3% during the fourth quarter. Foster Group Inc. now owns 2,507 shares of the technology company’s stock worth $742,000 after buying an additional 33 shares in the last quarter. New Covenant Trust Company N.A. grew its stake in shares of International Business Machines by 3.8% in the fourth quarter. New Covenant Trust Company N.A. now owns 905 shares of the technology company’s stock valued at $264,000 after acquiring an additional 33 shares in the last quarter. CFS Investment Advisory Services LLC increased its position in International Business Machines by 0.4% during the third quarter. CFS Investment Advisory Services LLC now owns 9,359 shares of the technology company’s stock worth $2,878,000 after acquiring an additional 34 shares during the period. Finally, KPP Advisory Services LLC grew its position in shares of International Business Machines by 1.7% during the 3rd quarter. KPP Advisory Services LLC now owns 2,069 shares of the technology company’s stock worth $584,000 after purchasing an additional 34 shares in the last quarter. Institutional investors own 58.96% of the company’s stock.

International Business Machines News Summary

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

• Positive Sentiment: JPMorgan raised its price target and signaled upside potential for IBM, a move cited by several outlets as a reason the stock is expected to rise. International Business Machines (NYSE:IBM) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says
• Positive Sentiment: Evercore ISI raised its price target to $330 and added IBM to a tactical outperform list — another institutional vote of confidence that supports upside ahead of earnings. Evercore ISI raises IBM price target to $330, adds stock to tactical outperform list
• Positive Sentiment: Jefferies reiterated a Buy and sees software growth re-accelerating in 2026 — analysts expect upward estimate revisions on the back of watsonx.ai momentum and the Confluent deal. IBM software growth seen reaccelerating ahead of earnings: Jefferies
• Positive Sentiment: New IBM research (with Ansys and DARPA) built a machine‑learning model for next‑generation chip design — a technical win that underscores IBM’s R&D leverage in AI and semiconductors. Why IBM’s New Machine-Learning Model Is a Big Deal for Next-Generation Chips
• Positive Sentiment: Market commentary highlights January 28 as a key catalyst — analysts are expecting solid Q4 results driven by consulting/AI services and a Z17 mainframe refresh, which could clarify 2026 guidance. Dear IBM Stock Fans, Mark Your Calendars for January 28
• Neutral Sentiment: Short-term market reaction: outlets reported IBM trading higher after upgrades (intra‑day moves reflect sentiment but not earnings outcomes). International Business Machines (NYSE:IBM) Trading 2.1% Higher After Analyst Upgrade
• Neutral Sentiment: Pre-earnings coverage is mixed: many pieces position IBM as a solid AI play but remind investors to weigh a premium multiple and competitive risks. IBM Q4 Earnings Loom: Buy, Sell or Hold the Stock Ahead of Results?
• Negative Sentiment: Some headlines note the stock has pulled back despite upgrades — a reminder that buy-side conviction varies and that elevated expectations can leave the stock vulnerable to any earnings miss. IBM Stock: Slides Even as Analysts Raise Targets Ahead of Earnings
• Negative Sentiment: Valuation and leverage are watch‑items: IBM trades at a premium P/E and carries meaningful debt (debt/equity ~1.97), which could amplify downside if growth stalls. IBM Stock: Slides Even as Analysts Raise Targets Ahead of Earnings

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

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.