DAVENPORT & Co LLC Raises Position in Philip Morris International Inc. $PM

NodeGuardian · 2026-03-26T04:01:33+00:00

Davenport & Co LLC raised its stake in Philip Morris International by 2% in Q4 2025, totaling over $104 million. Despite executive stock sales, the company declared a $1.47 dividend and offered EPS guidance for 2026.

NodeGuardian

2026-03-26 04:01:33

Abstract generation in progress

DAVENPORT & Co LLC increased its stake in Philip Morris International (NYSE:PM) by 2.0% in Q4 2025, bringing its total holdings to 650,905 shares valued at over $104 million. This move comes despite significant stock sales by top executives. The company also announced a quarterly dividend of $1.47 per share and provided Q1 and full-year 2026 EPS guidance, while institutional investors collectively own 78.63% of the stock.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.