Gabelli Funds LLC Sells 4,800 Shares of Philip Morris International Inc. $PM

Gabelli Funds LLC lowered its position in shares of Philip Morris International Inc. (NYSE:PM) by 1.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 290,550 shares of the company’s stock after selling 4,800 shares during the period. Gabelli Funds LLC’s holdings in Philip Morris International were worth $47,127,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in Philip Morris International by 1.6% during the second quarter. Vanguard Group Inc. now owns 142,857,055 shares of the company’s stock valued at $26,018,555,000 after acquiring an additional 2,235,380 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in Philip Morris International by 69.0% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 4,512,311 shares of the company’s stock worth $821,826,000 after purchasing an additional 1,842,754 shares during the last quarter. Prudential Financial Inc. grew its holdings in Philip Morris International by 88.9% in the second quarter. Prudential Financial Inc. now owns 2,138,118 shares of the company’s stock worth $389,415,000 after purchasing an additional 1,006,014 shares during the last quarter. Panagora Asset Management Inc. increased its position in shares of Philip Morris International by 142.2% during the second quarter. Panagora Asset Management Inc. now owns 1,512,514 shares of the company’s stock worth $275,474,000 after purchasing an additional 888,148 shares in the last quarter. Finally, State Street Corp increased its position in shares of Philip Morris International by 1.6% during the second quarter. State Street Corp now owns 55,831,655 shares of the company’s stock worth $10,243,429,000 after purchasing an additional 871,165 shares in the last quarter. 78.63% of the stock is currently owned by institutional investors.

Philip Morris International News Summary

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

• Positive Sentiment: Board declared a $1.47 quarterly dividend, payable Apr 13; that supports the stock’s income thesis and steady yield profile for dividend investors. Philip Morris International Declares Regular Quarterly Dividend of $1.47 Per Share
• Positive Sentiment: Several bullish analyses highlight PM’s cash flow, margins and smoke‑free growth as reasons it can still be a growth+income holding — supporting demand from long‑term investors. Looking for a Growth Stock? 3 Reasons Why Philip Morris (PM) is a Solid Choice
• Neutral Sentiment: Commentary asks whether the recent pullback is a buying opportunity given PM’s low‑debt structure and steady cash generation — views differ, so this keeps trading volume and sentiment mixed. Is PM Stock’s Recent Slide A Start Of A Deeper Dive?
• Neutral Sentiment: Industry pieces on “sin stocks” and community PR (donation tied to smoke‑free narrative) reinforce PM’s resilient cashflow story but have limited immediate price impact. Sin Stock Investing: Are There Opportunities Beyond Ethical Debate?
• Neutral Sentiment: Analysts and retail pieces are debating whether the dividend announcement resets the buy case — useful for income buyers but not decisive for momentum traders. Is Philip Morris International Still a Buy After Recent Dividend Announcement?
• Negative Sentiment: Coverage flagged a price dip that “tests investor confidence” in PM’s dividend growth story — signaling some investors are skeptical about sustainability if operational/headline risks persist. Philip Morris Dip Tests Investor Confidence in Its Dividend Growth Story
• Negative Sentiment: Coverage pointed to a notable pullback tied to an earnings miss narrative and concerns around “delisting debt,” which has pressured shares and added short‑term selling risk. Why Philip Morris International (PM) Is Down 5.7% After Earnings Miss And Delisting Debt – And What’s Next
• Negative Sentiment: Valuation cautions (some analysts argue the stock is fully valued on its dividend) limit upside expectations and could cap investor enthusiasm absent stronger operational beats. Philip Morris: The Stock Appears Fully Valued Based On Its Dividends

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on PM. Citigroup raised their price objective on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Jefferies Financial Group lowered Philip Morris International from a “buy” rating to a “hold” rating and reduced their target price for the company from $220.00 to $180.00 in a research report on Tuesday, January 20th. Wall Street Zen downgraded Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Barclays restated 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, Stifel Nicolaus set a $200.00 price objective on shares of Philip Morris International in a report on Monday, February 9th. Eleven analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $196.83.

Philip Morris International Stock Performance

Shares of PM opened at $169.91 on Friday. The stock has a 50-day moving average of $175.14 and a two-hundred day moving average of $164.11. The stock has a market cap of $264.50 billion, a P/E ratio of 23.37, a P/E/G ratio of 1.93 and a beta of 0.38. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $191.30.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.70. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The business had revenue of $10.36 billion for the quarter, compared to analyst estimates of $10.40 billion. During the same period in the prior year, the company earned $1.55 earnings per share. The company’s revenue 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. Analysts predict that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 13th. Investors of record on Thursday, March 19th will be issued a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 3.5%. The ex-dividend date is Thursday, March 19th. Philip Morris International’s dividend payout ratio is 80.88%.

Insider Buying and Selling

In other Philip Morris International news, CEO Jacek Olczak sold 80,000 shares of Philip Morris International stock in a transaction that occurred 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 directly owned 632,344 shares in the company, valued at approximately $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 accessible through the SEC website. Also, CFO Emmanuel Babeau sold 33,800 shares of the company’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 completion of the sale, the chief financial officer directly owned 164,463 shares in the company, valued at $29,868,125.43. This trade represents a 17.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.13% of the company’s stock.

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.