Capital Analysts LLC Buys 7,892 Shares of International Business Machines Corporation $IBM

Capital Analysts LLC increased its stake in International Business Machines (IBM) by 55.4% in Q2, acquiring 7,892 additional shares, bringing its total holding to $6.23 million. Despite meeting EPS estimates, IBM's revenue of $17.16 billion fell short of expectations, though it still represents a 1.1% year-over-year increase. Analysts maintain a "Moderate Buy" rating with an average price target of $265.16, while the company declared a quarterly dividend of $1.69 per share.