Allspring Global Investments Holdings LLC boosted its shareholding in International Business Machines Co. by 36.3% in the first quarter, adding 135,344 shares to its portfolio. This brought their total shares to 508,368, valued at $97,078,000. Other major institutional investors like Norges Bank and Morgan Stanley have also made significant investments in IBM. Analysts predict varying growth prospects for IBM stock, with ratings ranging from buy to sell. The company’s recent financial results showed an improvement in earnings and revenue, with a positive dividend increase. IBM operates in various segments, offering solutions in software, consulting, infrastructure, and finance on a global scale.
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https://www.defenseworld.net/2024/07/03/international-business-machines-co-nyseibm-shares-acquired-by-allspring-global-investments-holdings-llc.html
Allspring Global Investments Holdings LLC acquires shares of International Business Machines Co. (NYSE:IBM)
