Philip Morris International (NYSE:PM) CFO Emmanuel Babeau Sells 33,800 Shares

February 28, 2026 by InsiderTrades.com

Key Points

Philip Morris CFO Emmanuel Babeau sold 33,800 shares on Feb. 19 at an average price of $181.61 for a total of $6.14M, reducing his stake by 17.05% to 164,463 shares (≈$29.9M).
Insider selling also included CEO Jacek Olczak's sale of 80,000 shares, which the article notes as a potential near‑term negative and contributor to selling pressure.
Philip Morris reported Q4 EPS of $1.70 (in line with estimates), gave FY2026 EPS guidance of 8.380–8.530, and pays a quarterly dividend of $1.47 (annualized $5.88) for a yield of about 3.2%.

Philip Morris International Inc. (NYSE:PM - Get Free Report) CFO Emmanuel Babeau sold 33,800 shares of the firm's stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $181.61, for a total transaction of $6,138,418.00. Following the transaction, the chief financial officer owned 164,463 shares of the company's stock, valued at approximately $29,868,125.43. The trade was a 17.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Philip Morris International Stock Performance

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NYSE:PM opened at $186.55 on Friday. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $191.30. The firm's fifty day moving average is $173.71 and its 200-day moving average is $163.78. The firm has a market cap of $290.40 billion, a P/E ratio of 25.66, a P/E/G ratio of 2.14 and a beta of 0.39.

Philip Morris International (NYSE:PM - Get Free Report) last announced its earnings results on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, hitting analysts' consensus estimates of $1.70. The business had revenue of $10.36 billion during the quarter, compared to the consensus estimate of $10.40 billion. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. Philip Morris International's quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.55 earnings per share. Philip Morris International has set its Q1 2026 guidance at 1.800-1.850 EPS and its FY 2026 guidance at 8.380-8.530 EPS. As a group, sell-side analysts anticipate that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Dividend Announcement

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The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Friday, December 26th were paid a dividend of $1.47 per share. The ex-dividend date of this dividend was Friday, December 26th. This represents a $5.88 annualized dividend and a yield of 3.2%. Philip Morris International's dividend payout ratio (DPR) is currently 80.88%.

Institutional Investors Weigh In On Philip Morris International

A number of institutional investors and hedge funds have recently made changes to their positions in PM. Brighton Jones LLC boosted its position in shares of Philip Morris International by 31.1% during the fourth quarter. Brighton Jones LLC now owns 8,531 shares of the company's stock valued at $1,027,000 after buying an additional 2,023 shares during the last quarter. Revolve Wealth Partners LLC raised its position in Philip Morris International by 4.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company's stock valued at $252,000 after buying an additional 91 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in Philip Morris International by 53.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company's stock valued at $1,027,000 after acquiring an additional 1,970 shares in the last quarter. WNY Asset Management LLC boosted its holdings in Philip Morris International by 31.5% during the 2nd quarter. WNY Asset Management LLC now owns 1,657 shares of the company's stock worth $302,000 after acquiring an additional 397 shares during the last quarter. Finally, Buck Wealth Strategies LLC raised its holdings in shares of Philip Morris International by 9.6% in the second quarter. Buck Wealth Strategies LLC now owns 1,512 shares of the company's stock valued at $275,000 after purchasing an additional 133 shares during the last quarter. Institutional investors and hedge funds own 78.63% of the company's stock.

Analyst Upgrades and Downgrades

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Several analysts have recently commented on PM shares. Wall Street Zen downgraded shares of Philip Morris International from a "buy" rating to a "hold" rating in a research report on Saturday, January 10th. Jefferies Financial Group lowered shares of Philip Morris International from a "buy" rating to a "hold" rating and cut their target price for the stock from $220.00 to $180.00 in a research note on Tuesday, January 20th. Morgan Stanley restated an "overweight" rating and issued a $205.00 price target on shares of Philip Morris International in a report on Monday, February 9th. Stifel Nicolaus set a $200.00 price objective on shares of Philip Morris International in a report on Monday, February 9th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Philip Morris International from $190.00 to $185.00 and set an "overweight" rating on the stock in a research report on Wednesday, November 26th. Eleven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $196.83.

View Our Latest Research Report on PM

Philip Morris International News Roundup

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

Positive Sentiment: Argus raised its price target on PM to $210 (from $190) and reiterated a Buy, citing rising contribution from the ZYN nicotine-pouch business — a clear catalyst for upside expectations. Argus Raises Philip Morris (PM) Outlook on Rising Contribution from Nicotine Pouches
Positive Sentiment: Coverage highlights ZYN’s “explosive” growth as a driver of revenue diversification away from combustible cigarettes — supporting higher margin, pricing power, and longer-term organic growth. Philip Morris International (PM) Gained from Zyn’s Explosive Growth
Positive Sentiment: Consensus analyst positioning remains constructive: articles note an average “Moderate Buy” / favorable analyst stance, which supports investor conviction on dividends and buybacks. Philip Morris International Inc. (NYSE:PM) Given Average Recommendation of "Moderate Buy" by Analysts
Neutral Sentiment: Industry comparison pieces (Altria vs. Philip Morris) discuss both companies’ smoke-free strategies and cost discipline — useful context but not an immediate price mover for PM alone. Altria vs. Philip Morris: Which Is the Smarter Play for Now? Altria vs. Philip Morris (Zacks)
Neutral Sentiment: Market commentary asks whether PM is outperforming the Nasdaq — a broader-market comparison that may influence flow into/away from tobacco stocks but doesn’t change company fundamentals. Is Philip Morris Stock Outperforming the Nasdaq?
Negative Sentiment: Insider selling: CEO Jacek Olczak sold 80,000 shares and CFO Emmanuel Babeau sold 33,800 shares (mid-February), reducing their holdings — an immediate negative signal to some investors and a likely contributor to near-term selling pressure. CEO Form 4 (SEC) CFO Form 4 (SEC) Emmanuel Babeau Sells 33,800 Shares

Philip Morris International Company Profile

(Get 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.