IBM Stake Shifts in Filings as Quarterly EPS Meets Consensus
Fulcrum Wealth Advisors trimmed its stake in IBM by 22.3% in the second quarter, while other wealth managers added small new positions in subsequent quarters. Institutional investors hold 58.96% of IBM shares. IBM posted $2.93 EPS for the quarter, matching consensus and up from $2.80 a year earlier, with the stock trading below recent moving averages.