Farther Finance Advisors LLC Grows Holdings in Philip Morris International Inc. $PM

Key Points

• Farther Finance Advisors increased its stake in Philip Morris by 38.4% in Q4 to 56,559 shares (worth about $9.07M), while other institutions like Assetmark hold sizable positions; overall institutional ownership is 78.63%.
• Analyst sentiment is mixed but constructive: the stock's average rating is "Moderate Buy" with an average target of $195.72 amid divergent broker moves (e.g., Morgan Stanley at $205, Jefferies cut to a "hold" with $180 target).
• Philip Morris reported Q4 EPS of $1.70 (in line with estimates), set FY2026 guidance of $8.38–$8.53, pays a quarterly dividend of $1.47 (≈3.7% yield), and saw insider selling by the CEO and CFO in February.

Farther Finance Advisors LLC boosted its holdings in shares of Philip Morris International Inc. (NYSE:PM - Free Report) by 38.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 56,559 shares of the company's stock after purchasing an additional 15,681 shares during the period. Farther Finance Advisors LLC's holdings in Philip Morris International were worth $9,072,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Sage Mountain Advisors LLC grew its position in Philip Morris International by 1.6% during the 4th quarter. Sage Mountain Advisors LLC now owns 12,519 shares of the company's stock worth $2,008,000 after purchasing an additional 197 shares during the last quarter. Freestone Capital Holdings LLC grew its position in Philip Morris International by 12.6% during the 4th quarter. Freestone Capital Holdings LLC now owns 52,582 shares of the company's stock worth $8,434,000 after purchasing an additional 5,900 shares during the last quarter. Optima Capital LLC grew its position in Philip Morris International by 9.6% during the 4th quarter. Optima Capital LLC now owns 2,114 shares of the company's stock worth $342,000 after purchasing an additional 185 shares during the last quarter. Galvin Gaustad & Stein LLC grew its position in Philip Morris International by 0.7% during the 4th quarter. Galvin Gaustad & Stein LLC now owns 9,249 shares of the company's stock worth $1,484,000 after purchasing an additional 63 shares during the last quarter. Finally, Assetmark Inc. grew its position in Philip Morris International by 22.2% during the 4th quarter. Assetmark Inc. now owns 630,583 shares of the company's stock worth $101,146,000 after purchasing an additional 114,618 shares during the last quarter. 78.63% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on PM. Morgan Stanley reissued an "overweight" rating and set a $205.00 price objective on shares of Philip Morris International in a research report on Monday, February 9th. Needham & Company LLC dropped their price objective on shares of Philip Morris International from $205.00 to $200.00 and set a "buy" rating on the stock in a research note on Monday. Jefferies Financial Group cut shares of Philip Morris International from a "buy" rating to a "hold" rating and dropped their price objective for the company from $220.00 to $180.00 in a research note on Tuesday, January 20th. UBS Group reissued a "neutral" rating and issued a $181.50 price objective on shares of Philip Morris International in a research note on Monday, February 9th. Finally, Wall Street Zen cut shares of Philip Morris International from a "buy" rating to a "hold" rating in a research note on Saturday, January 10th. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $195.72.

Philip Morris International Stock Performance

Shares of NYSE PM opened at $157.23 on Thursday. The firm has a market capitalization of $245.05 billion, a P/E ratio of 21.63, a PEG ratio of 1.87 and a beta of 0.43. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $191.30. The company's fifty day moving average is $172.64 and its two-hundred day moving average is $163.87.

Philip Morris International (NYSE:PM - Get Free Report) last issued its earnings results on Friday, February 6th. The company reported $1.70 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 revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the firm 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. On average, sell-side analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were given a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Thursday, March 19th. Philip Morris International's payout ratio is presently 80.88%.

Insider Buying and Selling at Philip Morris International

In other news, CEO Jacek Olczak sold 80,000 shares of Philip Morris International stock in a transaction 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 completion of the transaction, the chief executive officer owned 632,344 shares of the company's stock, valued at $115,200,429.92. The trade was a 11.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Emmanuel Babeau sold 33,800 shares of Philip Morris International stock in a transaction on Thursday, February 19th. The stock was 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 of the company's stock, valued at $29,868,125.43. This trade represents a 17.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.13% of the stock is currently owned by insiders.

Philip Morris International News Summary

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

• Positive Sentiment: PMI committed $50M to open a business solutions center in Tampa, Florida — a sign of expansion in U.S. operations and potential operational scale benefits. Philip Morris International Inc. (PM) Commits $50M For Expansion in Florida
• Positive Sentiment: Some analysts and models are lifting fair-value estimates and price targets on hopes for ZYN and other reduced‑risk product growth, supporting a constructive long‑term narrative. How The Philip Morris International NYSE: PM Story Is Shifting With ZYN And New Analyst Targets
• Positive Sentiment: PM’s white paper advocating a shift from combustible cigarettes to reduced‑risk alternatives is being positioned as a competitive advantage that could pressure peers while supporting PMI’s strategy. Philip Morris's white paper pushes for smoking shift, weighs on peers
• Neutral Sentiment: PMI will release Q1 results and host a live audio webcast on April 22 (results issued ~7:00 a.m. ET; webcast 9:00 a.m. ET) — an event that typically drives short-term volatility and will be the next major catalyst. Philip Morris International to Host Webcast of 2026 First-Quarter Results
• Neutral Sentiment: Comparative coverage highlights PMI’s transformation versus peers (e.g., Altria), which may support investor preference for PM over some tobacco rivals but is not an immediate share-price mover. Altria vs. Philip Morris: One Dividend Is a Trap — Here’s Which One to Avoid
• Negative Sentiment: Earnings previews caution PMI lacks the setup for an earnings beat next week, increasing the risk of downside surprise at the Q1 print. Philip Morris (PM) Reports Next Week: Wall Street Expects Earnings Growth
• Negative Sentiment: Needham cut its price target to $200, reflecting more cautious near‑term expectations and adding downward pressure on sentiment. Needham & Company LLC Lowers Philip Morris International NYSE: PM Price Target to $200.00
• Negative Sentiment: An internal/third‑party study highlighted that ~32% of cigarettes consumed in 11 countries in the Americas are illicit, underscoring revenue leakage and policy/regulatory challenges in key markets. One in Three Cigarettes in the Region of The Americas in 2025 Is Illicit, New Study Finds

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.

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