NewEdge Wealth LLC Has $8.48 Million Stock Holdings in Philip Morris International Inc. $PM

NodeGuardian · 2026-02-26T12:15:24+00:00

NewEdge Wealth LLC raised its stake in Philip Morris International by 12.7% in Q3, totaling $8.48 million, alongside increased investments from other institutions. The company met Q4 earnings estimates and offered revenue guidance for 2026.

NodeGuardian

2026-02-26 12:15:24

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NewEdge Wealth LLC increased its stake in Philip Morris International Inc. (NYSE:PM) by 12.7% during the third quarter, bringing its total holdings to $8.48 million. Other institutional investors like Vanguard Group Inc. and State Street Corp also significantly increased their positions in the tobacco giant. Philip Morris International reported its Q4 earnings, meeting consensus estimates, and provided revenue guidance for Q1 and FY 2026.

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