Philip Morris International Inc. $PM Stake Cut by TIAA Trust National Association

TIAA Trust National Association lessened its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 25.8% during the 3rd quarter, HoldingsChannel reports. The fund owned 103,503 shares of the company’s stock after selling 35,941 shares during the period. TIAA Trust National Association’s holdings in Philip Morris International were worth $16,788,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. R Squared Ltd purchased a new position in Philip Morris International during the third quarter valued at approximately $375,000. Artisan Partners Limited Partnership grew its holdings in shares of Philip Morris International by 2.6% during the 3rd quarter. Artisan Partners Limited Partnership now owns 969,601 shares of the company’s stock valued at $157,269,000 after acquiring an additional 24,656 shares in the last quarter. Diversify Wealth Management LLC increased its stake in shares of Philip Morris International by 0.9% in the third quarter. Diversify Wealth Management LLC now owns 33,051 shares of the company’s stock worth $5,361,000 after acquiring an additional 305 shares during the last quarter. Xponance Inc. raised its holdings in shares of Philip Morris International by 1.0% during the third quarter. Xponance Inc. now owns 220,971 shares of the company’s stock worth $35,841,000 after acquiring an additional 2,112 shares in the last quarter. Finally, Choreo LLC boosted its position in Philip Morris International by 2.6% during the third quarter. Choreo LLC now owns 142,900 shares of the company’s stock valued at $23,178,000 after purchasing an additional 3,675 shares during the last quarter. 78.63% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Philip Morris International

In other news, CFO Emmanuel Babeau sold 33,800 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $181.61, for a total transaction of $6,138,418.00. Following the completion of the transaction, the chief financial officer directly owned 164,463 shares in the company, valued at $29,868,125.43. The trade was a 17.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jacek Olczak sold 80,000 shares of the stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $182.18, for a total value of $14,574,400.00. Following the completion of the sale, the chief executive officer directly owned 632,344 shares of the company’s stock, valued at $115,200,429.92. This represents a 11.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.13% of the company’s stock.

Philip Morris International Trading Down 0.5%

NYSE PM opened at $186.55 on Friday. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $191.30. The company has a fifty day simple moving average of $173.71 and a 200 day simple moving average of $163.78. The company has a market cap of $290.40 billion, a P/E ratio of 25.66, a P/E/G ratio of 2.14 and a beta of 0.39.

Philip Morris International (NYSE:PM) last released its earnings results on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.70. The firm had revenue of $10.36 billion during the quarter, compared to analyst estimates of $10.40 billion. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The business’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.55 EPS. Philip Morris International has set its Q1 2026 guidance at 1.800-1.850 EPS and its FY 2026 guidance at 8.380-8.530 EPS. Equities research analysts forecast that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Friday, December 26th were given a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Friday, December 26th. Philip Morris International’s payout ratio is currently 80.88%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Stifel Nicolaus set a $200.00 price target on Philip Morris International in a research note on Monday, February 9th. Wall Street Zen lowered shares of Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Barclays reissued an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a research report on Monday. JPMorgan Chase & Co. dropped their price target on shares of Philip Morris International from $190.00 to $185.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 26th. Finally, Jefferies Financial Group lowered shares of Philip Morris International from a “buy” rating to a “hold” rating and reduced their price objective for the company from $220.00 to $180.00 in a research note on Tuesday, January 20th. Eleven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $196.83.

More Philip Morris International News

Here are the key news stories impacting Philip Morris International this week:

• Positive Sentiment: Argus raised its price target on PM to $210 (from $190) and reiterated a Buy, citing rising contribution from the ZYN nicotine-pouch business — a clear catalyst for upside expectations. Argus Raises Philip Morris (PM) Outlook on Rising Contribution from Nicotine Pouches
• Positive Sentiment: Coverage highlights ZYN’s “explosive” growth as a driver of revenue diversification away from combustible cigarettes — supporting higher margin, pricing power, and longer-term organic growth. Philip Morris International (PM) Gained from Zyn’s Explosive Growth
• Positive Sentiment: Consensus analyst positioning remains constructive: articles note an average “Moderate Buy” / favorable analyst stance, which supports investor conviction on dividends and buybacks. Philip Morris International Inc. (NYSE:PM) Given Average Recommendation of “Moderate Buy” by Analysts
• Neutral Sentiment: Industry comparison pieces (Altria vs. Philip Morris) discuss both companies’ smoke-free strategies and cost discipline — useful context but not an immediate price mover for PM alone. Altria vs. Philip Morris: Which Is the Smarter Play for Now? Altria vs. Philip Morris (Zacks)
• Neutral Sentiment: Market commentary asks whether PM is outperforming the Nasdaq — a broader-market comparison that may influence flow into/away from tobacco stocks but doesn’t change company fundamentals. Is Philip Morris Stock Outperforming the Nasdaq?
• Negative Sentiment: Insider selling: CEO Jacek Olczak sold 80,000 shares and CFO Emmanuel Babeau sold 33,800 shares (mid-February), reducing their holdings — an immediate negative signal to some investors and a likely contributor to near-term selling pressure. CEO Form 4 (SEC) CFO Form 4 (SEC) Emmanuel Babeau Sells 33,800 Shares

Philip Morris International Profile

Philip Morris International Inc (NYSE: PM) is a global tobacco company that manufactures and sells cigarettes, other nicotine-containing products and a growing portfolio of smoke-free alternatives for adult smokers. The firm traces its corporate roots to the 19th century Philip Morris enterprise and was established as an independent, publicly traded company following a 2008 separation from what is now Altria. Since the spin-off, the company has focused on serving international markets outside the United States.

PMI’s product mix includes traditional combustible cigarettes as well as smoke-free offerings such as heated tobacco systems and other reduced-risk products.