The Trust Department of Mechanics Bank recently purchased 2,454 shares of International Business Machines Co. during the first quarter, valued at approximately $469,000. Other institutional investors and hedge funds have also made changes to their stakes in the company. International Business Machines stock has a 52-week low of $129.31 and a high of $199.18, with a market capitalization of $158.56 billion. The company announced earnings per share of $1.68 for the quarter, beating the consensus estimate of $1.59. International Business Machines Co. also increased its quarterly dividend, with a yield of 3.87%. Analysts have mixed ratings on the stock, with an average price target of $182.53. International Business Machines Corporation offers integrated solutions and services worldwide, operating through software, consulting, infrastructure, and financing segments.
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https://www.defenseworld.net/2024/06/26/2454-shares-in-international-business-machines-co-nyseibm-bought-by-mechanics-bank-trust-department.html
