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IBM Sees Boost from Institutional Investors Amid Mixed Earnings

Guavy AI Editorial Team
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IBM
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International Business Machines Corporation (IBM) has been actively bought by institutional investors and hedge funds. QRG Capital Management Inc., for instance, increased its stake in IBM by 6.6% during the second quarter, purchasing an additional 10,627 shares.

The company's stock has a current ratio of 0.79, a quick ratio of 0.74, and a debt-to-equity ratio of 1.63.

IBM reported $2.93 earnings per share for the quarter, meeting analysts' consensus estimates of $2.93.

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