Turtle Creek Wealth Advisors LLC Increases Stock Position in Philip Morris International Inc. $PM

Key Points

• Turtle Creek Wealth Advisors LLC increased its stake in Philip Morris by 36% in Q4 to 43,816 shares, worth about $7.03 million at period end.
• Insider selling: CEO Jacek Olczak sold 80,000 shares and CFO Emmanuel Babeau sold 33,800 shares in February, reducing their positions by 11.23% and 17.05% respectively (combined proceeds ≈ $20.7 million).
• Operational update: Philip Morris beat Q1 estimates (adjusted EPS $1.96 vs $1.83; revenue $10.15B) and set FY‑2026 guidance of $8.36–8.51 EPS, but trimmed its profit outlook and flagged competition/regulatory risks around nicotine pouches with Q2 guidance slightly below expectations.

Turtle Creek Wealth Advisors LLC increased its position in Philip Morris International Inc. (NYSE:PM - Free Report) by 36.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 43,816 shares of the company's stock after acquiring an additional 11,602 shares during the period. Turtle Creek Wealth Advisors LLC's holdings in Philip Morris International were worth $7,028,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in PM. B. Metzler seel. Sohn & Co. AG raised its stake in Philip Morris International by 99.2% during the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 46,688 shares of the company's stock valued at $7,489,000 after buying an additional 23,256 shares during the last quarter. Juno Financial Group LLC purchased a new stake in Philip Morris International during the 4th quarter valued at $811,000. Retirement Planning Co of New England Inc. raised its stake in Philip Morris International by 0.8% during the 4th quarter. Retirement Planning Co of New England Inc. now owns 12,548 shares of the company's stock valued at $2,013,000 after buying an additional 94 shares during the last quarter. Wealth Management Nebraska purchased a new stake in Philip Morris International during the 4th quarter valued at $3,390,000. Finally, Rather & Kittrell Inc. raised its stake in Philip Morris International by 1.9% during the 4th quarter. Rather & Kittrell Inc. now owns 4,197 shares of the company's stock valued at $673,000 after buying an additional 78 shares during the last quarter. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Jacek Olczak sold 80,000 shares of the business's stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $182.18, for a total transaction of $14,574,400.00. Following the completion of the sale, 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Emmanuel Babeau sold 33,800 shares of the business's stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $181.61, for a total transaction of $6,138,418.00. Following the sale, the chief financial officer directly owned 164,463 shares of the company's stock, valued at approximately $29,868,125.43. The trade was a 17.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.13% of the company's stock.

Key Stories Impacting Philip Morris International

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

• Positive Sentiment: Q1 beat and smoke‑free momentum: PM reported adjusted EPS of $1.96 and revenue of $10.15B (both above consensus); management highlighted strong international smoke‑free product growth that helped offset U.S. headwinds. PM Q1 Deep Dive: International Smoke-Free Growth and Strong Pricing Offset U.S. Headwinds
• Positive Sentiment: Analyst support: Needham reaffirmed a "buy" rating and set a $200 price target, offering upside versus the current level and reinforcing investor confidence. Needham reaffirms buy, $200 PT
• Positive Sentiment: Brand/licensing expansion: PMI expanded its long‑running Ducati Corse partnership so ZYN nicotine pouch branding will appear on select MotoGP liveries — marketing reach for its leading pouch brand. Philip Morris International Expands its Partnership with Ducati Corse as Decades-Long Partnership Races Forward with Purpose
• Neutral Sentiment: Guidance updated: PMI provided Q2 (2.020–2.070 EPS) and FY‑2026 (8.360–8.510 EPS) ranges; FY is roughly in line with consensus but Q2 guidance is slightly below street expectations — a short‑term headwind to estimates. Philip Morris International Reports 2026 First-Quarter Results and Updates 2026 Full-Year Adjusted Diluted EPS Forecast
• Negative Sentiment: Trimmed profit outlook and pouch uncertainty: Management cut its annual profit forecast signaling pressure from competition in nicotine pouches and regulatory uncertainty around ZYN, a factor that investors see as a material forward risk. Philip Morris cuts annual profit forecast
• Negative Sentiment: Illicit market / public policy risk in Canada: RBH (a PMI affiliate) is urging federal coordination after a KPMG report estimated large tax revenue losses from contraband tobacco in Canada — enforcement, taxes or policy responses could affect volumes or spark reputational/regulatory scrutiny. CANADA LOSING $2.1 BILLION IN TAX REVENUE SAYS KPMG REPORT

Philip Morris International Price Performance

Shares of PM stock opened at $169.39 on Friday. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $191.30. The firm has a fifty day moving average price of $169.73 and a 200-day moving average price of $163.85. The company has a market cap of $264.00 billion, a price-to-earnings ratio of 23.82, a PEG ratio of 1.98 and a beta of 0.43.

Philip Morris International (NYSE:PM - Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.83 by $0.13. Philip Morris International had a net margin of 13.42% and a negative return on equity of 142.02%. The firm had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.95 billion. During the same quarter in the previous year, the firm posted $1.69 EPS. The company's revenue for the quarter was up 9.1% compared to the same quarter last year. 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 expect that Philip Morris International Inc. will post 8.44 EPS for the current year.

Philip Morris International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 13th. Stockholders of record on Thursday, March 19th were given a dividend of $1.47 per share. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.5%. Philip Morris International's payout ratio is presently 80.88%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on PM. Citigroup boosted their target price on shares of Philip Morris International from $200.00 to $210.00 and gave the company a "buy" rating in a research note on Tuesday, February 10th. Jefferies Financial Group lowered shares of Philip Morris International from a "buy" rating to a "hold" rating and decreased their target price for the company from $220.00 to $180.00 in a research note on Tuesday, January 20th. Barclays reiterated an "overweight" rating and set a $205.00 target price on shares of Philip Morris International in a research note on Monday, February 23rd. Stifel Nicolaus decreased their target price on shares of 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. Finally, Wall Street Zen lowered shares of Philip Morris International from a "buy" rating to a "hold" rating in a research note on Saturday, January 10th. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $192.56.

About Philip Morris International

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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