Broyhill Asset Management LLC raised its position in shares of Philip Morris International Inc. (NYSE: PM) by 14.7% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 40,854 shares of the company's stock after purchasing an additional 5,241 shares during the quarter.
Arrowstreet Capital Limited Partnership lessened its position in shares of Philip Morris International Inc. (NYSE: PM) by 8.1% during the undefined quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,290,983 shares of the company's stock after selling 289,773 shares during the quarter. Arrowstreet Capital
Philip Morris International remains a key holding, but I rate it a Hold due to valuation concerns and recent setbacks. PM leads the smoke-free movement, with smoke-free products comprising 41.5% of results and driving margin expansion. Despite strong 2025 results and optimistic 2024–2026 targets, India's ban on heated tobacco products limits near-term upside.
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Philip Morris International (PM) stock is currently at a notable juncture. It's trading at a low price, and if you decide to invest, you would be supporting a company that is reasonably expanding, maintaining good cash flow and margins, possesses a low-debt capital structure, and is relatively undervalued.
Philip Morris (PM) possesses solid growth attributes, which could help it handily outperform the market.
Philip Morris International Inc. (PM) Presents at Consumer Analyst Group of New York Conference 2026 Transcript
British American Tobacco PLC is making steady progress in its shift away from cigarettes, with analysts at Jefferies saying the group's next-generation product strategy is "on track". In a note following last week's 2025 results, analysts described the FTSE 100 group as a "robust" operator in terms of combustible tobacco, which is transitioning successfully towards a smoke-free portfolio thanks in part to "category-leading momentum" in its US nicotine pouch brand Velo and trends in US vaping that are beginning to improve.
Philip Morris (PM) possesses solid growth attributes, which could help it handily outperform the market.
India has ruled out relaxation of a ban on e-cigarettes that would have allowed heat-not-burn tobacco products, dealing a blow to a lengthy private lobbying campaign by Philip Morris International for New Delhi to permit such devices.
Here is how Philip Morris (PM) and Scholastic (SCHL) have performed compared to their sector so far this year.
Philip Morris remains a sell due to a stretched valuation despite outstanding operational execution and strong smoke-free product (SFP) revenue growth. PM has impressively increased SFP revenues from 24% in 2020 to 41.5% in 2025, with segment gross margins reaching ~43%. Forward guidance calls for 5–7% revenue growth and high single-digit EPS growth through 2026, but risks around sustaining this trajectory persist.