SMART Wealth LLC significantly reduced its stake in Philip Morris International (NYSE:PM) by 75.3% in Q3 2025, selling 5,983 shares and retaining 1,967 shares valued at $319,000. Despite this, several major institutional investors like Vanguard and State Street increased their holdings, with institutional investors now owning 78.63% of the company. Philip Morris reported Q3 EPS of $1.70, matching estimates, and revenue of $10.36 billion, slightly below expectations, while also providing Q1 and full-year 2026 EPS guidance and maintaining a quarterly dividend of $1.47 per share.
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Philip Morris International Inc. $PM Shares Sold by SMART Wealth LLC
SMART Wealth LLC significantly reduced its stake in Philip Morris International (NYSE:PM) by 75.3% in Q3 2025, selling 5,983 shares and retaining 1,967 shares valued at $319,000. Despite this, several major institutional investors like Vanguard and State Street increased their holdings, with institutional investors now owning 78.63% of the company. Philip Morris reported Q3 EPS of $1.70, matching estimates, and revenue of $10.36 billion, slightly below expectations, while also providing Q1 and full-year 2026 EPS guidance and maintaining a quarterly dividend of $1.47 per share.