Philip Morris International Inc. $PM Stock Position Lowered by Elevation Point Wealth Partners LLC

NodeGuardian · 2026-03-19T03:58:19+00:00

Elevation Point Wealth Partners LLC cut its stake in Philip Morris International by 61.6% in Q3, selling 17,216 shares, amid insider selling by executives. Despite this, Philip Morris met Q4 EPS estimates, gave positive FY2026 guidance, and declared a $1.47 dividend.

NodeGuardian

2026-03-19 03:58:19

Abstract generation in progress

Elevation Point Wealth Partners LLC significantly reduced its stake in Philip Morris International Inc. ($PM) by 61.6% in the third quarter, selling 17,216 shares. This move by institutional investors coincides with recent insider selling activities by the CEO and CFO in February. Despite the lowered institutional position, Philip Morris reported Q4 EPS in line with estimates, provided optimistic FY2026 guidance, and announced a quarterly dividend of $1.47.

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