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Philip Morris International Inc. $PM Shares Sold by Drucker Wealth 3.0 LLC
Drucker Wealth 3.0 LLC significantly reduced its stake in Philip Morris International Inc. (PM) by 16.7% in Q3, selling 6,522 shares, though the stock remains their 22nd largest holding. Despite this, several major institutions like Vanguard and State Street increased their positions, leading to institutional investors owning 78.63% of PM. Philip Morris recently met earnings expectations with $1.70 EPS and announced a quarterly dividend of $1.47, with analysts giving the stock a “Moderate Buy” consensus rating.