Cornerstone Wealth Group LLC significantly increased its holdings of International Business Machines Co. shares in the first quarter, according to their recent SEC filing. The company now owns over 3,400 shares of the technology giant. Other major investors, such as Vontobel Holding Ltd. and Tsfg LLC, have also made changes to their positions in the company. Analysts have set new price targets for International Business Machines, with varying ratings from sell to buy. The stock’s performance has been closely watched, with a recent increase in quarterly earnings. The company also raised its quarterly dividend, showing positive growth. International Business Machines Corporation operates globally, offering integrated solutions and services in software, consulting, infrastructure, and financing. Overall, the stock has received mixed ratings but continues to show potential for growth.
Article Source
https://www.defenseworld.net/2024/07/01/international-business-machines-co-nyseibm-shares-bought-by-cornerstone-wealth-group-llc.html
