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flag IBM's earnings beat estimates, and Fidelis Capital increased its stake, with a "Hold" rating on the stock.

flag Fidelis Capital Partners increased its IBM stake by 27.6%, acquiring 1,727 shares in the fourth quarter, bringing total holdings to 7,983 shares worth $1.76 million. flag IBM reported earnings of $3.92 per share, surpassing analyst estimates by $0.15, and announced a quarterly dividend of $1.67 per share, to be paid on March 10th. flag The stock has a "Hold" consensus rating with a target price of $231.44. flag IBM operates through Software, Consulting, Infrastructure, and Financing segments.

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