Philip Morris International Inc. $PM Shares Acquired by Rockefeller Capital Management L.P.

Posted by Francis Steltz on Jun 22nd, 2026

Rockefeller Capital Management L.P. grew its holdings in shares of Philip Morris International Inc. (NYSE:PM – Free Report) by 16.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 263,899 shares of the company’s stock after purchasing an additional 37,279 shares during the period. Rockefeller Capital Management L.P.’s holdings in Philip Morris International were worth $42,332,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Fund Advisors of America Inc FL purchased a new position in Philip Morris International during the 4th quarter worth $993,000. Farmers National Bank raised its stake in Philip Morris International by 1.1% in the fourth quarter. Farmers National Bank now owns 5,205 shares of the company’s stock valued at $835,000 after buying an additional 59 shares during the last quarter. Winthrop Partners WNY LLC acquired a new stake in Philip Morris International in the fourth quarter worth about $686,000. Meadowbrook Advisors Group LLC purchased a new stake in shares of Philip Morris International during the fourth quarter worth about $484,000. Finally, Corient Private Wealth LLC grew its stake in shares of Philip Morris International by 4.1% during the fourth quarter. Corient Private Wealth LLC now owns 541,896 shares of the company’s stock worth $86,989,000 after acquiring an additional 21,498 shares during the last quarter. Institutional investors and hedge funds own 78.63% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. UBS Group cut their price objective on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a report on Friday, April 17th. Bank of America reissued a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Needham & Company LLC restated a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a research note on Thursday, April 23rd. Barclays reaffirmed an “overweight” rating and issued a $205.00 price target on shares of Philip Morris International in a report on Monday, February 23rd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $192.88.

Check Out Our Latest Research Report on Philip Morris International

Philip Morris International Trading Up 0.2%

Shares of NYSE:PM opened at $178.68 on Monday. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $193.05. The company has a market cap of $278.48 billion, a PE ratio of 25.13, a price-to-earnings-growth ratio of 2.06 and a beta of 0.38. The company’s 50 day moving average is $174.79 and its 200 day moving average is $170.77.

Philip Morris International (NYSE:PM – Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating the consensus estimate of $1.83 by $0.13. The business had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The business’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same period in the previous year, the business posted $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. Equities research analysts predict that Philip Morris International Inc. will post 8.4 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 20th. Shareholders of record on Thursday, June 25th will be issued a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Thursday, June 25th. Philip Morris International’s dividend payout ratio is presently 82.70%.

About Philip Morris International

(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.