Representative Matthew Robert Van Epps (Republican-Tennessee) recently sold shares of International Business Machines Corporation (NYSE:IBM). In a filing disclosed on June 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in International Business Machines stock on June 16th. The trade occurred in the Representative’s “SCHWAB ONE ACCOUNT” account.
Representative Matthew Robert Van Epps also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 6/16/2026.
- Sold $1,001 – $15,000 in shares of Southwest Airlines (NYSE:LUV) on 6/16/2026.
- Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/16/2026.
- Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 6/16/2026.
- Sold $15,001 – $50,000 in shares of Tapestry (NYSE:TPR) on 6/16/2026.
- Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/16/2026.
- Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 6/16/2026.
- Sold $1,001 – $15,000 in shares of ExxonMobil (NYSE:XOM) on 6/16/2026.
- Sold $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 6/16/2026.
- Sold $1,001 – $15,000 in shares of GE Vernova (NYSE:GEV) on 6/16/2026.
International Business Machines Stock Performance
Shares of IBM traded down $0.82 during trading hours on Thursday, reaching $262.14. 3,532,524 shares of the company traded hands, compared to its average volume of 7,244,039. The stock has a market capitalization of $246.38 billion, a P/E ratio of 23.31, a P/E/G ratio of 2.74 and a beta of 0.67. The company has a quick ratio of 0.76, a current ratio of 0.80 and a debt-to-equity ratio of 1.75. The business has a fifty day moving average price of $252.95 and a 200-day moving average price of $267.58. International Business Machines Corporation has a 12-month low of $212.34 and a 12-month high of $332.46.
International Business Machines Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th were paid a dividend of $1.69 per share. The ex-dividend date was Friday, May 8th. This is an increase from International Business Machines’s previous quarterly dividend of $1.68. This represents a $6.76 annualized dividend and a dividend yield of 2.6%. International Business Machines’s payout ratio is presently 59.77%.
International Business Machines News Summary
Here are the key news stories impacting International Business Machines this week:
- Positive Sentiment: IBM unveiled the world’s first sub-1 nanometer chip technology, highlighting a major breakthrough in semiconductor miniaturization that could strengthen its AI and advanced computing story. Reuters article
- Positive Sentiment: JPMorgan upgraded IBM and raised its price target, pointing to greater confidence in software growth and improving growth prospects. Barron’s article
- Positive Sentiment: IBM’s partnership with OpenAI on cybersecurity could support future revenue growth by enhancing AI-based vulnerability detection and validation for enterprise customers. Quartz article
- Neutral Sentiment: IBM continues to benefit from broader investor enthusiasm around quantum computing and government support for domestic high-performance computing initiatives, which adds to the stock’s long-term narrative. MarketWatch article
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of IBM. Vanguard Group Inc. increased its position in shares of International Business Machines by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 97,216,131 shares of the technology company’s stock valued at $28,796,390,000 after purchasing an additional 1,439,824 shares during the last quarter. State Street Corp raised its stake in International Business Machines by 1.0% in the fourth quarter. State Street Corp now owns 54,996,293 shares of the technology company’s stock valued at $16,290,452,000 after buying an additional 518,321 shares in the last quarter. Geode Capital Management LLC lifted its holdings in International Business Machines by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 22,605,083 shares of the technology company’s stock worth $6,679,105,000 after buying an additional 336,069 shares during the last quarter. Capital World Investors boosted its position in shares of International Business Machines by 29.2% during the 4th quarter. Capital World Investors now owns 22,021,912 shares of the technology company’s stock worth $6,523,720,000 after acquiring an additional 4,976,756 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of International Business Machines by 7.0% in the 1st quarter. Bank of America Corp DE now owns 16,063,653 shares of the technology company’s stock valued at $3,893,669,000 after acquiring an additional 1,049,602 shares during the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on IBM shares. Stifel Nicolaus set a $290.00 target price on shares of International Business Machines in a report on Friday, May 22nd. Roth Mkm restated a “buy” rating on shares of International Business Machines in a research note on Wednesday, June 3rd. Jefferies Financial Group assumed coverage on International Business Machines in a research report on Tuesday. They issued a “buy” rating on the stock. Morgan Stanley upgraded shares of International Business Machines from an “equal weight” rating to an “overweight” rating in a research report on Tuesday. Finally, Wolfe Research cut International Business Machines to a “peer perform” rating in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, International Business Machines has a consensus rating of “Moderate Buy” and an average target price of $306.94.
Read Our Latest Analysis on International Business Machines
About Representative Van Epps
Matthew Robert Van Epps (born March 29, 1983) is an American politician and former Army officer serving as the U.S representative for Tennessee’s 7th congressional district since December 2025. A member of the Republican Party, he was elected in the 2025 special election. He previously served as the commissioner of the Tennessee Department of General Services from 2024 to 2025. He was sworn in on December 4, 2025.
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.
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