Generali Asset Management SPA SGR Raises Stake in Philip Morris International Inc. $PM

Key Points

• Generali Asset Management boosted its stake in Philip Morris by 33.3% in Q4 to 49,333 shares, valued at about $7.91 million.
• Senior insiders sold sizable positions on Feb 19 — CFO Emmanuel Babeau sold 33,800 shares and CEO Jacek Olczak sold 80,000 shares — leaving insiders with just 0.13% ownership.
• Philip Morris beat quarterly estimates with $1.96 EPS versus $1.83 expected and $10.15 billion revenue, set FY 2026 EPS guidance of 8.360–8.510, and pays a $1.47 quarterly dividend (≈3.4% yield).

Generali Asset Management SPA SGR boosted its holdings in shares of Philip Morris International Inc. (NYSE:PM - Free Report) by 33.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 49,333 shares of the company's stock after buying an additional 12,323 shares during the period. Generali Asset Management SPA SGR's holdings in Philip Morris International were worth $7,913,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Marquette Asset Management LLC boosted its stake in Philip Morris International by 1,677.8% during the third quarter. Marquette Asset Management LLC now owns 160 shares of the company's stock valued at $26,000 after buying an additional 151 shares during the period. Dogwood Wealth Management LLC boosted its stake in Philip Morris International by 96.5% during the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company's stock valued at $27,000 after buying an additional 82 shares during the period. Richards Merrill & Peterson Inc. bought a new stake in Philip Morris International during the fourth quarter valued at $28,000. Measured Wealth Private Client Group LLC bought a new stake in Philip Morris International during the third quarter valued at $32,000. Finally, McIlrath & Eck LLC bought a new stake in Philip Morris International during the second quarter valued at $36,000. Institutional investors own 78.63% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on PM. Weiss Ratings reissued a "buy (b)" rating on shares of Philip Morris International in a research note on Thursday, January 22nd. Stifel Nicolaus dropped their price target on Philip Morris International from $200.00 to $195.00 and set a "buy" rating for the company in a research note on Friday, April 10th. Needham & Company LLC reaffirmed a "buy" rating and set a $200.00 price target on shares of Philip Morris International in a research note on Thursday, April 23rd. Barclays reaffirmed an "overweight" rating and set a $205.00 price target on shares of Philip Morris International in a research note on Monday, February 23rd. Finally, Wall Street Zen lowered Philip Morris International from a "buy" rating to a "hold" rating in a research note on Saturday, January 10th. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $192.56.

Insider Buying and Selling

In related 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 value of $6,138,418.00. Following the sale, the chief financial officer owned 164,463 shares in the company, valued at $29,868,125.43. This represents a 17.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Jacek Olczak sold 80,000 shares of the company'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 completion of the sale, the chief executive officer owned 632,344 shares in the company, valued at $115,200,429.92. The trade was a 11.23% 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 corporate insiders.

Philip Morris International Trading Up 0.4%

PM opened at $171.14 on Friday. The company has a market cap of $266.73 billion, a P/E ratio of 24.07, a P/E/G ratio of 1.96 and a beta of 0.37. The business's 50-day moving average price is $166.69 and its 200-day moving average price is $164.47. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $191.30.

Philip Morris International (NYSE:PM - Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, topping analysts' consensus estimates of $1.83 by $0.13. The company had revenue of $10.15 billion during the quarter, compared to analyst estimates of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The firm's revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.69 earnings per share. Philip Morris International has set its FY 2026 guidance at 8.360-8.510 EPS and its Q2 2026 guidance at 2.020-2.070 EPS. Equities research analysts forecast that Philip Morris International Inc. will post 8.45 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were issued a dividend of $1.47 per share. The ex-dividend date was Thursday, March 19th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.4%. Philip Morris International's dividend payout ratio is 82.70%.

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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