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Denali Advisors LLC Sells 8,937 Shares of Philip Morris International Inc. $PM
Denali Advisors LLC has reduced its stake in Philip Morris International Inc. (NYSE:PM) by 38.4%, selling 8,937 shares and ending the quarter with 14,310 shares valued at $2.321 million. Philip Morris reported an EPS of $1.70, matching estimates, and revenue of $10.36 billion, slightly below expectations, while also providing FY2026 EPS guidance of $8.380-$8.530 and an annualized dividend of $5.88. Institutional investors hold 78.63% of the company’s stock, and analysts maintain a “Moderate Buy” consensus with an average price target of $194.06.