Foster Group Inc. recently increased its stake in International Business Machines Co. by 6.4% in the first quarter, now owning 1,863 shares worth $356,000. Other large investors also made changes to their positions in IBM, including Desjardins Global Asset Management Inc., Arden Trust Co, Calamos Wealth Management LLC, Avion Wealth, and Chicago Partners Investment Group LLC. Analyst ratings for IBM have varied, with an average price target of $181.29. The stock of International Business Machines increased by 2.0%, with a market capitalization of $159.81 billion. IBM’s recent earnings report exceeded expectations and the company increased its quarterly dividend to $1.67 per share, with a dividend yield of 3.84%. IBM provides integrated solutions and services worldwide, operating through software, consulting, infrastructure, and financing segments. Investors can stay up to date on IBM’s latest filings and insider trading news through HoldingsChannel.com.
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https://www.defenseworld.net/2024/06/21/foster-group-inc-boosts-stock-position-in-international-business-machines-co-nyseibm.html
