INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

WELCH & FORBES LLC's Holding History (CIK: 0000105495)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 53,911 Value ($000) $15,969 Avg Close $298.78 Range $262.11 - $324.90

Q3 2025

Shares 54,413 Value ($000) $15,353 Avg Close $259.55 Range $232.08 - $292.01

Q2 2025

Shares 59,159 Value ($000) $17,439 Avg Close $253.82 Range $210.49 - $292.56

Q1 2025

Shares 60,008 Value ($000) $14,922 Avg Close $239.40 Range $209.20 - $261.47

Q4 2024

Shares 61,486 Value ($000) $13,517 Avg Close $216.31 Range $196.83 - $233.32

Q3 2024

Shares 62,288 Value ($000) $13,771 Avg Close $188.97 Range $166.24 - $216.80

Q2 2024

Shares 63,595 Value ($000) $11,211 Avg Close $165.85 Range $154.39 - $183.50

Q1 2024

Shares 64,663 Value ($000) $12,348 Avg Close $172.56 Range $148.54 - $189.10

Q4 2023

Shares 68,361 Value ($000) $11,180 Avg Close $141.50 Range $126.39 - $156.49

Q3 2023

Shares 69,535 Value ($000) $9,756 Avg Close $131.75 Range $120.98 - $141.33

Q2 2023

Shares 71,632 Value ($000) $9,585 Avg Close $118.05 Range $110.47 - $128.27

Q1 2023

Shares 72,074 Value ($000) $9,448 Avg Close $120.73 Range $110.43 - $131.92

Q4 2022

Shares 75,390 Value ($000) $10,622 Avg Close $123.05 Range $102.35 - $137.32

Q3 2022

Shares 78,164 Value ($000) $9,287 Avg Close $115.64 Range $105.06 - $124.09

Q2 2022

Shares 77,241 Value ($000) $10,905 Avg Close $117.50 Range $107.95 - $126.60

Q1 2022

Shares 76,970 Value ($000) $10,008 Avg Close $112.10 Range $102.68 - $121.43

Q4 2021

Shares 75,382 Value ($000) $10,076 Avg Close $106.49 Range $97.83 - $117.62

Q3 2021

Shares 75,574 Value ($000) $10,500 Avg Close $112.12 Range $106.97 - $117.48

Q2 2021

Shares 75,472 Value ($000) $11,064 Avg Close $113.44 Range $102.70 - $121.73

Q1 2021

Shares 76,342 Value ($000) $10,173 Avg Close $98.07 Range $91.22 - $107.97

Q4 2020

Shares 77,565 Value ($000) $9,763 Avg Close $93.41 Range $81.15 - $103.82

Q3 2020

Shares 80,227 Value ($000) $9,761 Avg Close $93.86 Range $87.12 - $99.96

Q2 2020

Shares 79,032 Value ($000) $9,544 Avg Close $91.40 Range $78.00 - $102.76

Q1 2020

Shares 81,846 Value ($000) $9,079 Avg Close $98.28 Range $67.58 - $117.24

Q4 2019

Shares 85,621 Value ($000) $11,476 Avg Close $99.90 Range $95.55 - $107.55

Q3 2019

Shares 87,228 Value ($000) $12,685 Avg Close $102.47 Range $94.04 - $110.34

Q2 2019

Shares 86,992 Value ($000) $11,996 Avg Close $98.62 Range $91.51 - $103.66

Q1 2019

Shares 96,012 Value ($000) $13,547 Avg Close $94.64 Range $78.71 - $101.33

Q4 2018

Shares 96,786 Value ($000) $11,001 Avg Close $87.95 Range $74.66 - $107.42

Q3 2018

Shares 99,058 Value ($000) $14,978 Avg Close $101.25 Range $95.14 - $106.71

Q2 2018

Shares 100,465 Value ($000) $14,035 Avg Close $99.95 Range $94.63 - $110.30

Q1 2018

Shares 104,377 Value ($000) $16,015 Avg Close $107.30 Range $98.32 - $115.38

Q4 2017

Shares 107,357 Value ($000) $16,471 Avg Close $102.11 Range $96.94 - $108.49

Q3 2017

Shares 114,085 Value ($000) $16,551 Avg Close $96.87 Range $92.88 - $103.07

Q2 2017

Shares 157,693 Value ($000) $24,258 Avg Close $103.77 Range $98.95 - $115.36

Q1 2017

Shares 171,712 Value ($000) $29,902 Avg Close $114.39 Range $107.32 - $119.58

Q4 2016

Shares 175,493 Value ($000) $29,130 Avg Close $103.05 Range $95.06 - $110.31

Q3 2016

Shares 174,251 Value ($000) $27,679 Avg Close $101.76 Range $95.61 - $106.13

Q2 2016

Shares 180,112 Value ($000) $27,337 Avg Close $95.13 Range $90.08 - $99.15

Q1 2016

Shares 191,431 Value ($000) $28,992 Avg Close $84.07 Range $73.78 - $96.70

Q4 2015

Shares 205,051 Value ($000) $28,220 Avg Close $87.52 Range $82.31 - $94.87

Q3 2015

Shares 212,736 Value ($000) $30,840 Avg Close $95.35 Range $87.10 - $106.76

Q2 2015

Shares 215,698 Value ($000) $35,085 Avg Close $102.99 Range $96.57 - $107.49

Q1 2015

Shares 224,166 Value ($000) $35,979 Avg Close $96.47 Range $90.53 - $100.82

Q4 2014

Shares 233,196 Value ($000) $37,414 Avg Close $100.47 Range $91.12 - $114.79

Q3 2014

Shares 243,984 Value ($000) $46,315 Avg Close $114.33 Range $108.62 - $117.41

Q2 2014

Shares 247,100 Value ($000) $44,792 Avg Close $112.28 Range $107.17 - $118.40

Q1 2014

Shares 247,500 Value ($000) $47,641 Avg Close $109.22 Range $101.79 - $116.27

Q4 2013

Shares 254,513 Value ($000) $47,739 Avg Close $106.40 Range $101.46 - $111.01

Q3 2013

Shares 257,149 Value ($000) $47,619 Avg Close $111.55 Range $106.48 - $117.56

Q2 2013

Shares 257,951 Value ($000) $49,297 Avg Close $118.94 Range $109.29 - $125.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	53,911	$15,969	$298.78	$262.11 - $324.90
Q3 2025	54,413	$15,353	$259.55	$232.08 - $292.01
Q2 2025	59,159	$17,439	$253.82	$210.49 - $292.56
Q1 2025	60,008	$14,922	$239.40	$209.20 - $261.47
Q4 2024	61,486	$13,517	$216.31	$196.83 - $233.32
Q3 2024	62,288	$13,771	$188.97	$166.24 - $216.80
Q2 2024	63,595	$11,211	$165.85	$154.39 - $183.50
Q1 2024	64,663	$12,348	$172.56	$148.54 - $189.10
Q4 2023	68,361	$11,180	$141.50	$126.39 - $156.49
Q3 2023	69,535	$9,756	$131.75	$120.98 - $141.33
Q2 2023	71,632	$9,585	$118.05	$110.47 - $128.27
Q1 2023	72,074	$9,448	$120.73	$110.43 - $131.92
Q4 2022	75,390	$10,622	$123.05	$102.35 - $137.32
Q3 2022	78,164	$9,287	$115.64	$105.06 - $124.09
Q2 2022	77,241	$10,905	$117.50	$107.95 - $126.60
Q1 2022	76,970	$10,008	$112.10	$102.68 - $121.43
Q4 2021	75,382	$10,076	$106.49	$97.83 - $117.62
Q3 2021	75,574	$10,500	$112.12	$106.97 - $117.48
Q2 2021	75,472	$11,064	$113.44	$102.70 - $121.73
Q1 2021	76,342	$10,173	$98.07	$91.22 - $107.97
Q4 2020	77,565	$9,763	$93.41	$81.15 - $103.82
Q3 2020	80,227	$9,761	$93.86	$87.12 - $99.96
Q2 2020	79,032	$9,544	$91.40	$78.00 - $102.76
Q1 2020	81,846	$9,079	$98.28	$67.58 - $117.24
Q4 2019	85,621	$11,476	$99.90	$95.55 - $107.55
Q3 2019	87,228	$12,685	$102.47	$94.04 - $110.34
Q2 2019	86,992	$11,996	$98.62	$91.51 - $103.66
Q1 2019	96,012	$13,547	$94.64	$78.71 - $101.33
Q4 2018	96,786	$11,001	$87.95	$74.66 - $107.42
Q3 2018	99,058	$14,978	$101.25	$95.14 - $106.71
Q2 2018	100,465	$14,035	$99.95	$94.63 - $110.30
Q1 2018	104,377	$16,015	$107.30	$98.32 - $115.38
Q4 2017	107,357	$16,471	$102.11	$96.94 - $108.49
Q3 2017	114,085	$16,551	$96.87	$92.88 - $103.07
Q2 2017	157,693	$24,258	$103.77	$98.95 - $115.36
Q1 2017	171,712	$29,902	$114.39	$107.32 - $119.58
Q4 2016	175,493	$29,130	$103.05	$95.06 - $110.31
Q3 2016	174,251	$27,679	$101.76	$95.61 - $106.13
Q2 2016	180,112	$27,337	$95.13	$90.08 - $99.15
Q1 2016	191,431	$28,992	$84.07	$73.78 - $96.70
Q4 2015	205,051	$28,220	$87.52	$82.31 - $94.87
Q3 2015	212,736	$30,840	$95.35	$87.10 - $106.76
Q2 2015	215,698	$35,085	$102.99	$96.57 - $107.49
Q1 2015	224,166	$35,979	$96.47	$90.53 - $100.82
Q4 2014	233,196	$37,414	$100.47	$91.12 - $114.79
Q3 2014	243,984	$46,315	$114.33	$108.62 - $117.41
Q2 2014	247,100	$44,792	$112.28	$107.17 - $118.40
Q1 2014	247,500	$47,641	$109.22	$101.79 - $116.27
Q4 2013	254,513	$47,739	$106.40	$101.46 - $111.01
Q3 2013	257,149	$47,619	$111.55	$106.48 - $117.56
Q2 2013	257,951	$49,297	$118.94	$109.29 - $125.13