Mariner LLC Grows Holdings in Philip Morris International Inc. $PM

Posted by Brenda Bartman on Jun 16th, 2026

Mariner LLC increased its position in shares of Philip Morris International Inc. (NYSE:PM – Free Report) by 9.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 473,814 shares of the company’s stock after buying an additional 41,910 shares during the period. Mariner LLC’s holdings in Philip Morris International were worth $76,018,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PM. Capital International Investors increased its stake in Philip Morris International by 13.7% during the 4th quarter. Capital International Investors now owns 101,377,875 shares of the company’s stock worth $16,262,967,000 after buying an additional 12,227,004 shares during the period. Capital Research Global Investors grew its holdings in Philip Morris International by 25.3% during the 4th quarter. Capital Research Global Investors now owns 54,559,706 shares of the company’s stock worth $8,751,407,000 after acquiring an additional 11,013,173 shares in the last quarter. Capital World Investors grew its holdings in Philip Morris International by 2.8% during the 4th quarter. Capital World Investors now owns 132,355,726 shares of the company’s stock worth $21,230,315,000 after acquiring an additional 3,579,399 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in Philip Morris International by 36.3% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 9,301,112 shares of the company’s stock worth $1,491,898,000 after acquiring an additional 2,475,204 shares in the last quarter. Finally, SG Americas Securities LLC grew its holdings in Philip Morris International by 1,547.2% during the 4th quarter. SG Americas Securities LLC now owns 2,260,217 shares of the company’s stock worth $362,539,000 after acquiring an additional 2,123,002 shares in the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Performance

NYSE PM opened at $181.94 on Tuesday. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $193.05. The company has a 50-day simple moving average of $173.09 and a 200-day simple moving average of $170.10. The firm has a market capitalization of $283.57 billion, a PE ratio of 25.59, a price-to-earnings-growth ratio of 2.13 and a beta of 0.38.

Philip Morris International (NYSE:PM – Get Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating the consensus estimate 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 business had revenue of $10.15 billion during the quarter, compared to analyst estimates of $9.95 billion. During the same period in the previous year, the business posted $1.69 EPS. The company’s quarterly revenue was up 9.1% on a year-over-year basis. 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 analysts forecast that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

Philip Morris International Announces Dividend

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 $1.47 dividend. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $5.88 annualized dividend and a dividend yield of 3.2%. Philip Morris International’s payout ratio is 82.70%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on PM. Needham & Company LLC reissued a “buy” rating and set a $200.00 price objective on shares of Philip Morris International in a report on Thursday, April 23rd. Barclays reissued an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. Morgan Stanley raised their price objective on shares of Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, June 3rd. Bank of America reissued a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Finally, UBS Group decreased their price objective on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a report on Friday, April 17th. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $192.88.

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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.