Philip Morris International Inc. $PM Shares Sold by State of Wisconsin Investment Board

Posted by Stanley Muller on Jun 17th, 2026

State of Wisconsin Investment Board reduced its holdings in Philip Morris International Inc. (NYSE:PM – Free Report) by 5.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 813,108 shares of the company’s stock after selling 50,074 shares during the period. State of Wisconsin Investment Board owned approximately 0.05% of Philip Morris International worth $130,423,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of PM. Portfolio Resources Advisor Group Inc. purchased a new position in shares of Philip Morris International in the fourth quarter worth about $26,000. Dogwood Wealth Management LLC lifted its stake in shares of Philip Morris International by 96.5% in the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after buying an additional 82 shares in the last quarter. Richards Merrill & Peterson Inc. purchased a new position in shares of Philip Morris International in the fourth quarter worth about $28,000. Entrust Financial LLC purchased a new position in shares of Philip Morris International in the fourth quarter worth about $31,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in shares of Philip Morris International in the third quarter worth about $32,000. 78.63% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on PM. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Bank of America reissued a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Morgan Stanley raised their price target on shares of Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 3rd. Stifel Nicolaus decreased their price target on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Finally, Barclays reissued an “overweight” rating and issued a $205.00 price target on shares of Philip Morris International in a research note on Monday, February 23rd. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Philip Morris International presently has a consensus rating of “Moderate Buy” and a consensus target price of $192.88.

Check Out Our Latest Stock Report on Philip Morris International

Philip Morris International Price Performance

Shares of PM stock opened at $184.32 on Wednesday. The firm’s 50-day moving average is $173.62 and its two-hundred day moving average is $170.30. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $193.05. The company has a market capitalization of $287.27 billion, a PE ratio of 25.92, a price-to-earnings-growth ratio of 2.10 and a beta of 0.38.

Philip Morris International (NYSE:PM – Get Free Report) last issued its 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. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The company had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $9.95 billion. During the same period in the previous year, the firm earned $1.69 earnings per share. Philip Morris International’s quarterly revenue 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. Sell-side analysts forecast that Philip Morris International Inc. will post 8.4 EPS for the current year.

Philip Morris International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 20th. Stockholders of record on Thursday, June 25th will be issued a dividend of $1.47 per share. The ex-dividend date is Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.2%. Philip Morris International’s dividend payout ratio is currently 82.70%.

Philip Morris International Company Profile

(Free Report)

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.