Philip Morris International Inc. $PM is Kennon Green & Company LLC’s 6th Largest Position

Kennon Green & Company LLC decreased its stake in Philip Morris International Inc. (NYSE:PM) by 5.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 47,038 shares of the company’s stock after selling 2,864 shares during the quarter. Philip Morris International comprises 6.0% of Kennon Green & Company LLC’s portfolio, making the stock its 6th biggest holding. Kennon Green & Company LLC’s holdings in Philip Morris International were worth $7,545,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Dogwood Wealth Management LLC boosted its holdings in Philip Morris International by 96.5% during the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after acquiring an additional 82 shares during the period. Richards Merrill & Peterson Inc. bought a new position in Philip Morris International in the 4th quarter valued at $28,000. Entrust Financial LLC purchased a new stake in Philip Morris International in the fourth quarter worth $31,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Philip Morris International during the third quarter worth $32,000. Finally, McIlrath & Eck LLC bought a new stake in shares of Philip Morris International during the second quarter worth $36,000. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Trending Headlines about Philip Morris International

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

• Positive Sentiment: Morgan Stanley said Philip Morris’ U.S. launch of Zyn Ultra nicotine pouches could be a meaningful catalyst, as the product may help support growth in the company’s smoke-free business. Philip Morris International’s US Launch of Zyn Ultra Seen as Potential Catalyst, Morgan Stanley Says
• Positive Sentiment: Philip Morris reiterated its view that smoke-free products remain the main long-term growth driver, with investor updates pointing to continued momentum in IQOS and other reduced-risk offerings. Philip Morris International Participates in 2026 dbAccess Global Consumer Conference; Updates 2026 Full-Year Diluted EPS Forecast for Currency and Non-Cash Impairment Only
• Neutral Sentiment: The company was highlighted in a Zacks analyst roundup alongside other large-cap names, with commentary focused on growth drivers, earnings trends, and risks rather than a new company-specific development. The Zacks Analyst Blog Highlights Chevron, The Goldman Sachs and Philip Morris
• Negative Sentiment: Philip Morris lowered its full-year earnings outlook after booking a roughly $500 million impairment tied to its Canadian affiliate and citing currency and cost pressures, including weaker pricing power and higher energy costs. Philip Morris cuts annual profit forecast on cost pressure, weak pricing power
• Negative Sentiment: Additional reports on the Canada writedown and trimmed EPS guidance reinforce investor concerns that near-term profits may be pressured even if the smoke-free portfolio remains strong. Philip Morris to Post $500 Million Impairment on Canada Affiliate

Analysts Set New Price Targets

A number of research analysts have recently commented on PM shares. Morgan Stanley upped their price target on shares of Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday. UBS Group lowered 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 research report on Friday, April 17th. Barclays restated an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a research note on Monday, February 23rd. Needham & Company LLC reaffirmed a “buy” rating and set a $200.00 target price on shares of Philip Morris International in a research report on Thursday, April 23rd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Philip Morris International currently has a consensus rating of “Moderate Buy” and a consensus price target of $192.88.

Philip Morris International Trading Up 1.4%

Shares of PM stock opened at $176.12 on Thursday. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $193.05. The stock has a market capitalization of $274.50 billion, a price-to-earnings ratio of 24.77, a P/E/G ratio of 2.00 and a beta of 0.38. The stock has a fifty day simple moving average of $170.35 and a two-hundred day simple moving average of $168.70.

Philip Morris International (NYSE:PM) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share 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 during the quarter, compared to analyst estimates of $9.95 billion. During the same period in the prior year, the firm earned $1.69 earnings per share. The firm’s revenue for the quarter 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. Research analysts predict that Philip Morris International Inc. will post 8.43 EPS for the current fiscal year.

About Philip Morris International

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.