IBM Shareholdings Rise as Investors Increase Stakes; Earnings Meet Forecast
Capital World Investors and Bank of America Corp DE increased their IBM share positions, and Confluence Wealth Services Inc. raised its stake as reported in SEC filings. IBM reported quarterly EPS of $2.93, matching consensus, and revenue of $17.16 billion, up 1.1% year over year, with analysts expecting $12.33 EPS for the current year.