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flag IBM boosted its dividend and earnings, but institutional investor responses varied, with some buying and others selling.

flag Institutional investors have been mixed in their approaches to IBM stock. flag Banque Pictet & Cie SA sold 4,940 shares, reducing its holdings, while First Interstate Bank increased its stake by 140 shares. flag IBM reported earnings of $1.60 per share, surpassing analyst expectations, and has increased its quarterly dividend to $1.68. flag The company operates in several technology segments and has a "Hold" rating with a consensus price target of $257.50.

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