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OMERS Administration Buys New IBM Share Position as EPS Meets Estimates

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Sig1.35Sen+0.35Env0.00Soc0.00Gov0.00

OMERS Administration Corp disclosed a new IBM share position acquired in the second quarter, while Capital World Investors increased its stake and Deutsche Bank AG added a new holding. IBM reported quarterly EPS of $2.93, matching analysts’ consensus. Analyst targets were adjusted downward in separate notes, with Barclays and Stifel cutting price targets.

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