Philip Morris (PM)

• Market cap: $262B
• 1 day: 0.65%
• 5 days: 1.80%
• 1 month: 7.96%
• 3 months: 31.49%
• 6 months: 29.71%
• Year to date: 41.50%
• 1 year: 80.49%
• 5 years: 129.71%
• 10 years: 105.30%
• Sector: Consumer Staples
• Industry: Tobacco

About: Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heatsticks, vapes, and oral nicotine offerings primarily outside of the US. With the 2023 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI has not only diversified away from smokeable products but also gained a toehold into the US to sell its iQOS heated tobacco product.

Employees: 83,100

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

173% more first-time investments, than exits

New positions opened: 287 | Existing positions closed: 105

23% more funds holding in top 10

Funds holding in top 10: 65 [Q3] → 80 (+15) [Q4]

20% more repeat investments, than reductions

Existing positions increased: 983 | Existing positions reduced: 821

6% more funds holding

Funds holding: 2,316 [Q3] → 2,453 (+137) [Q4]

1% more capital invested

Capital invested by funds: $150B [Q3] → $151B (+$1.4B) [Q4]

0.56% more ownership

Funds ownership: 79.57% [Q3] → 80.13% (+0.56%) [Q4]

1% less call options, than puts

Call options by funds: $993M | Put options by funds: $1.01B

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $160 7% downside
• Avg. target: $176 2% upside
• High target: $186 9% upside

6 analyst ratings

• positive: 5 83%
• neutral: 1 17%
• negative: 0 0%

UBS Faham Baig 43% 1-year accuracy 3 / 7 met price target	1% downside $170	Neutral Upgraded	25 Apr 2025
Morgan Stanley Eric Serotta 100% 1-year accuracy 3 / 3 met price target	6% upside $182	Overweight Maintained	24 Apr 2025
Stifel Matthew Smith 54% 1-year accuracy 14 / 26 met price target	9% upside $186	Buy Maintained	24 Apr 2025
Citigroup Simon Hales 50% 1-year accuracy 2 / 4 met price target	5% upside $180	Buy Maintained	16 Apr 2025
Barclays Gaurav Jain 56% 1-year accuracy 5 / 9 met price target	2% upside $175	Overweight Maintained	26 Feb 2025