Philip Morris International Inc. $PM Shares Sold by London Co. of Virginia

Posted by George Bondi on Jun 17th, 2026

London Co. of Virginia cut its holdings in shares of Philip Morris International Inc. (NYSE:PM – Free Report) by 2.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 2,158,010 shares of the company’s stock after selling 53,508 shares during the period. Philip Morris International accounts for 2.0% of London Co. of Virginia’s portfolio, making the stock its 12th biggest position. London Co. of Virginia’s holdings in Philip Morris International were worth $346,149,000 as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on PM. UBS Group cut their target price on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a research report on Friday, April 17th. Barclays reissued an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a research report on Monday, February 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Morgan Stanley upped their target price on Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, June 3rd. Finally, Bank of America reissued a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. 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, the company presently has an average rating of “Moderate Buy” and a consensus price target of $192.88.

View Our Latest Research Report on Philip Morris International

Philip Morris International Stock Performance

Shares of PM opened at $184.32 on Wednesday. The business’s 50-day moving average is $173.62 and its two-hundred day moving average is $170.30. The company has a market capitalization of $287.27 billion, a P/E ratio of 25.92, a P/E/G ratio of 2.10 and a beta of 0.38. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $193.05.

Philip Morris International (NYSE:PM – Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.13. The company had revenue of $10.15 billion for the quarter, compared to the consensus estimate 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 for the quarter was up 9.1% compared to the same quarter last year. During the same period last year, the firm earned $1.69 EPS. 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. Analysts forecast that Philip Morris International Inc. will post 8.4 EPS for the current year.

Philip Morris International Announces Dividend

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

Philip Morris International 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.