Blue Whale Capital LLP Has $80.83 Million Stock Position in Philip Morris International Inc. $PM

Key Points

• Blue Whale Capital LLP trimmed its position in Philip Morris by 5.1% in Q3 to 498,342 shares worth $80.83 million, representing 4.5% of the firm's holdings and its ninth-largest holding.
• Insider selling: CEO Jacek Olczak sold 80,000 shares (~$14.57M) and CFO Emmanuel Babeau sold 33,800 shares (~$6.14M) on Feb. 19, reducing their stakes and leaving insiders with roughly 0.13% ownership.
• Philip Morris reported Q EPS of $1.70 (in line with estimates) and $10.36B revenue (slightly below consensus), issued Q1 2026 EPS guidance of 1.800–1.850 and FY 2026 guidance of 8.380–8.530, and declared a quarterly dividend of $1.47 (annualized $5.88, ~3.4% yield).

Blue Whale Capital LLP decreased its position in Philip Morris International Inc. (NYSE:PM - Free Report) by 5.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 498,342 shares of the company's stock after selling 26,517 shares during the period. Philip Morris International makes up 4.5% of Blue Whale Capital LLP's holdings, making the stock its 9th biggest holding. Blue Whale Capital LLP's holdings in Philip Morris International were worth $80,831,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Corient Private Wealth LLC grew its stake in Philip Morris International by 1.2% during the second quarter. Corient Private Wealth LLC now owns 490,590 shares of the company's stock worth $89,354,000 after purchasing an additional 5,681 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in Philip Morris International by 10.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 549,481 shares of the company's stock valued at $84,922,000 after buying an additional 51,399 shares during the period. Trajan Wealth LLC lifted its stake in Philip Morris International by 31.2% in the third quarter. Trajan Wealth LLC now owns 132,295 shares of the company's stock valued at $21,458,000 after buying an additional 31,490 shares during the period. Dynasty Wealth Management LLC boosted its holdings in shares of Philip Morris International by 53.0% during the 3rd quarter. Dynasty Wealth Management LLC now owns 27,772 shares of the company's stock worth $4,505,000 after buying an additional 9,622 shares in the last quarter. Finally, Westwood Holdings Group Inc. boosted its holdings in shares of Philip Morris International by 295.8% during the 2nd quarter. Westwood Holdings Group Inc. now owns 67,717 shares of the company's stock worth $12,333,000 after buying an additional 50,610 shares in the last quarter. Institutional investors own 78.63% of the company's stock.

Insider Buying and Selling

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

Philip Morris International Trading Down 0.3%

Philip Morris International stock opened at $172.78 on Wednesday. The firm has a market capitalization of $268.96 billion, a price-to-earnings ratio of 23.77, a price-to-earnings-growth ratio of 1.97 and a beta of 0.38. The firm's fifty day moving average price is $175.58 and its two-hundred day moving average price is $164.02. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $191.30.

Philip Morris International (NYSE:PM - Get Free Report) last posted its earnings results on Friday, February 6th. The company reported $1.70 EPS for the quarter, hitting the consensus estimate of $1.70. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The company had revenue of $10.36 billion during the quarter, compared to the consensus estimate of $10.40 billion. During the same period in the previous year, the firm posted $1.55 earnings per share. The firm's revenue for the quarter was up 6.8% on a year-over-year basis. 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. On average, research analysts forecast that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 13th. Stockholders of record on Thursday, March 19th will be paid a $1.47 dividend. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $5.88 annualized dividend and a dividend yield of 3.4%. Philip Morris International's dividend payout ratio is 80.88%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Needham & Company LLC lifted their price objective on shares of Philip Morris International from $190.00 to $205.00 and gave the company a "buy" rating in a research note on Tuesday, February 10th. Morgan Stanley restated an "overweight" rating and issued a $205.00 price target on shares of Philip Morris International in a report on Monday, February 9th. UBS Group reaffirmed a "neutral" rating and issued a $181.50 price target on shares of 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 report on Saturday, January 10th. Finally, Citigroup increased 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 report on Tuesday, February 10th. Eleven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $196.83.

Philip Morris International Company 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.

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