9,714 Shares in Philip Morris International Inc. $PM Acquired by Tower Bridge Advisors

Key Points

• Tower Bridge Advisors bought a new stake of 9,714 shares (~$1.576M) in Philip Morris in the third quarter, and institutional investors now own about 78.63% of the stock with large managers like Vanguard and State Street increasing positions.
• Philip Morris reported Q results with EPS of $1.70 (in line) and revenue of $10.36B, set FY2026 guidance of $8.38–8.53 EPS, and pays a quarterly dividend of $1.47 (annualized yield ~3.3%).
• Insider selling was notable: CEO Jacek Olczak sold 80,000 shares (~$14.6M) and CFO Emmanuel Babeau sold 33,800 shares, reducing their holdings by ~11% and ~17% respectively.

Tower Bridge Advisors bought a new stake in Philip Morris International Inc. (NYSE:PM - Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 9,714 shares of the company's stock, valued at approximately $1,576,000.

Several other large investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in shares of Philip Morris International by 0.4% in the 3rd quarter. Vanguard Group Inc. now owns 143,468,448 shares of the company's stock valued at $23,270,582,000 after purchasing an additional 611,393 shares during the last quarter. State Street Corp raised its holdings in Philip Morris International by 1.6% during the second quarter. State Street Corp now owns 55,831,655 shares of the company's stock valued at $10,243,429,000 after buying an additional 871,165 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Philip Morris International by 1.8% in the second quarter. Geode Capital Management LLC now owns 37,181,107 shares of the company's stock worth $6,760,346,000 after buying an additional 672,983 shares during the last quarter. Fayez Sarofim & Co boosted its stake in shares of Philip Morris International by 7.9% during the 2nd quarter. Fayez Sarofim & Co now owns 10,676,908 shares of the company's stock worth $1,944,585,000 after acquiring an additional 782,536 shares in the last quarter. Finally, Legal & General Group Plc increased its holdings in shares of Philip Morris International by 7.2% during the 2nd quarter. Legal & General Group Plc now owns 7,534,710 shares of the company's stock valued at $1,372,297,000 after acquiring an additional 508,394 shares during the last quarter. 78.63% of the stock is owned by institutional investors.

Philip Morris International Price Performance

NYSE:PM opened at $178.77 on Thursday. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $191.30. The company has a fifty day moving average price of $174.83 and a 200 day moving average price of $164.05. The stock has a market cap of $278.29 billion, a P/E ratio of 24.59, a PEG ratio of 2.03 and a beta of 0.38.

Philip Morris International (NYSE:PM - Get Free Report) last posted its quarterly earnings results on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.70. The company had revenue of $10.36 billion for 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 quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the business posted $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. As a group, equities research analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Friday, December 26th were issued a $1.47 dividend. The ex-dividend date of this dividend was Friday, December 26th. This represents a $5.88 annualized dividend and a yield of 3.3%. Philip Morris International's dividend payout ratio is 80.88%.

Key Philip Morris International News

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

• Positive Sentiment: Board declared a regular quarterly dividend of $1.47 per share (payable Apr 13; ex‑dividend Mar 19), reinforcing PMI’s income profile and boosting yield for dividend-focused investors. Philip Morris International Declares Regular Quarterly Dividend
• Positive Sentiment: Multiple bullish pieces highlight PM’s growth attributes and durable cash flow (arguments that the business can continue to grow and support returns), which can attract long-term and income-growth investors. Looking for a Growth Stock? 3 Reasons Why Philip Morris (PM) is a Solid Choice Zacks: 3 Reasons Why PM is a Solid Choice
• Positive Sentiment: Financial media continues to profile PM as a “resilient” dividend pick, keeping income investors interested. 2 No-Brainer Dividend Stocks to Buy Right Now
• Positive Sentiment: PMI U.S. announced a $150,000 community grant to the California Asian Pacific Chamber of Commerce—positive for ESG/PR narrative around the company’s “smoke‑free” transition efforts. PMI U.S. Invests in Communities; Announces $150,000 Grant
• Neutral Sentiment: Valuation write-ups weigh PM’s strong 1‑year total return (~19.7%) against future cash flows; some analyses conclude the stock may now be fairly priced, leaving upside limited absent stronger fundamental surprises. Is Philip Morris Attractive After 1 Year Return Of 19.7%?
• Negative Sentiment: Seeking Alpha argues PM appears fully valued on its dividend stream, suggesting limited rerating potential and possible near-term selling from income‑oriented investors who see yield already priced in. Philip Morris: The Stock Appears Fully Valued Based On Its Dividends
• Negative Sentiment: Public‑health groups (Tobacco‑Free Kids and allies) urged Formula 1 to bar nicotine product sponsorships, renewing reputational and regulatory risk for tobacco companies tied to sports marketing. Such advocacy can create headline volatility and incremental regulatory scrutiny. Tobacco-Free Kids Letter to Formula 1
• Negative Sentiment: Broad market moves (reports of geopolitical tensions and higher oil prices) briefly pressured consumer stocks, including PM, as risk‑off flows and macro uncertainty weighed on equities. Brown-Forman, Philip Morris, and Utz Stocks Trade Down

Insider Buying and Selling

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

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Wall Street Zen lowered Philip Morris International from a "buy" rating to a "hold" rating in a report on Saturday, January 10th. Citigroup boosted their price objective on shares of Philip Morris International from $200.00 to $210.00 and gave the stock a "buy" rating in a research note on Tuesday, February 10th. Barclays reaffirmed an "overweight" rating and set a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. Jefferies Financial Group downgraded shares of Philip Morris International from a "buy" rating to a "hold" rating and dropped their target price for the stock from $220.00 to $180.00 in a report on Tuesday, January 20th. Finally, Needham & Company LLC boosted their target price on shares of Philip Morris International from $190.00 to $205.00 and gave the stock a "buy" rating in a research report on Tuesday, February 10th. Eleven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Philip Morris International currently has a consensus rating of "Moderate Buy" and an average target price of $196.83.

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.

Want to see what other hedge funds are holding PM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Philip Morris International Inc. (NYSE:PM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.