PMNYSECigarettesFiscal year ends December 31
Philip Morris International Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 24, 2026
$201.05−4.15 (-2.02%)
Close on Oct 19, 2026
- Market cap
- $313.64B
- P/E (TTM)
- 28.9
- Dividend yield
- 2.81%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
84.0%
1.31B of 1.56B shares
Institutional holders
2,921
223 new, 119 sold out
Net institutional buying
17M
In Q2 2026
Insider trades, 12 months
0 buys · 7 sales
Net sold $28.82M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 98,743,351 | 6.40% | 13G (passive) amendment | Dec 31, 2023 |
| Capital Research Global Investors | 79,856,361 | 5.10% | 13G (passive) | Mar 31, 2026 |
| Capital World Investors | 129,799,196 | 8.30% | 13G (passive) amendment | Mar 31, 2025 |
| Vanguard Capital Management | 116,641,154 | 7.48% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of PM | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Capital World Investors | 133,152,391 | 8.54% | $24.09B | −298,113 | 2.85% |
| BlackRock, Inc. | 108,039,522 | 6.93% | $19.55B | +507,449 | 0.29% |
| Vanguard Capital Management LLC | 101,785,557 | 6.53% | $18.41B | +629,283 | 0.39% |
| Capital Research Global Investors | 84,253,663 | 5.41% | $15.24B | +4,430,638 | 2.13% |
| Capital International Investors | 72,252,261 | 4.64% | $13.07B | −509,051 | 2.70% |
| State Street Corp | 55,569,994 | 3.57% | $10.13B | +536,968 | 0.30% |
| JPMorgan Chase & Co | 48,189,101 | 3.09% | $8.81B | −3,402,096 | 0.49% |
| FMR LLC | 46,521,326 | 2.98% | $8.42B | +1,750,723 | 0.37% |
| GQG Partners LLC | 45,436,985 | 2.92% | $8.22B | −4,668,915 | 15.29% |
| Geode Capital Management, LLC | 39,038,598 | 2.50% | $7.06B | +577,415 | 0.38% |
| Vanguard Portfolio Management LLC | 30,281,680 | 1.94% | $5.48B | +704,227 | 0.25% |
| Morgan Stanley | 25,493,502 | 1.64% | $4.61B | +1,087,798 | 0.24% |
| Franklin Resources Inc | 19,334,764 | 1.24% | $3.50B | +2,720,390 | 0.76% |
| Price T Rowe Associates Inc /Md/ | 19,224,752 | 1.23% | $3.48M | −132,458 | 0.35% |
| Wellington Management Group Llp | 17,506,171 | 1.12% | $3.17B | +650,587 | 0.55% |
| Bank Of America Corp /De/ | 16,998,878 | 1.09% | $3.08B | −231,791 | 0.20% |
| Invesco Ltd. | 16,080,112 | 1.03% | $2.91B | +21,503 | 0.23% |
| Northern Trust Corp | 13,974,918 | 0.90% | $2.53B | −462,305 | 0.29% |
| Charles Schwab Investment Management Inc | 13,649,748 | 0.88% | $2.47B | +100,167 | 0.33% |
| First Eagle Investment Management, LLC | 11,850,936 | 0.76% | $2.14B | +5,958,478 | 1.78% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 2,921 | 1.31B | 84.0% | 223 / 1242 | 1006 / 119 | 57M | 40M |
| Q1 2026 | 2,868 | 1.30B | 83.2% | 212 / 1194 | 1048 / 117 | 224M | 68M |
| Q4 2025 | 2,811 | 1.29B | 82.6% | 308 / 1104 | 1001 / 169 | 73M | 115M |
| Q3 2025 | 2,736 | 1.33B | 85.4% | 149 / 1110 | 1048 / 211 | 112M | 48M |
| Q2 2025 | 2,847 | 1.27B | 81.3% | 283 / 1127 | 1025 / 118 | 69M | 60M |
| Q1 2025 | 2,711 | 1.26B | 80.8% | 347 / 1015 | 971 / 115 | 83M | 63M |
| Q4 2024 | 2,519 | 1.25B | 80.3% | 317 / 1000 | 829 / 106 | 64M | 74M |
| Q3 2024 | 2,349 | 1.27B | 81.2% | 251 / 857 | 882 / 98 | 157M | 56M |
| Q2 2024 | 2,219 | 1.26B | 81.1% | 200 / 839 | 858 / 100 | 72M | 110M |
| Q1 2024 | 2,152 | 1.30B | 83.7% | 145 / 819 | 884 / 120 | 60M | 51M |
| Q4 2023 | 2,152 | 1.30B | 83.1% | 241 / 712 | 866 / 88 | 124M | 45M |
| Q3 2023 | 2,030 | 1.22B | 78.1% | 129 / 775 | 784 / 110 | 48M | 65M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of PM | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 49,479,464 | 3.17% | $8.95B | 0.39% | Jun 30, 2026 |
| Washington Mutual Investors Fund | 42,257,864 | 2.71% | $8.06B | 3.70% | Jul 31, 2026 |
| Vanguard 500 Index Fund | 40,389,720 | 2.59% | $7.31B | 0.44% | Jun 30, 2026 |
| American Funds Fundamental Investors | 36,344,499 | 2.33% | $6.58B | 3.63% | Jun 30, 2026 |
| American Balanced Fund | 36,158,865 | 2.32% | $6.54B | 2.27% | Jun 30, 2026 |
| Investment Co of America | 23,508,328 | 1.51% | $4.25B | 2.31% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 21,438,576 | 1.38% | $3.88B | 0.44% | Jun 30, 2026 |
| Capital Income Builder | 20,132,320 | 1.29% | $3.84B | 2.94% | Jul 31, 2026 |
| American Mutual Fund | 19,997,923 | 1.28% | $3.82B | 3.24% | Jul 31, 2026 |
| Fidelity 500 Index Fund | 19,920,868 | 1.28% | $3.53B | 0.42% | May 31, 2026 |
| Goldman Sachs GQG Partners International Opportunities Fund | 18,617,471 | 1.19% | $3.55B | 6.57% | Jul 31, 2026 |
| Income Fund of America | 18,553,469 | 1.19% | $3.54B | 2.39% | Jul 31, 2026 |
| Capital World Growth & Income Fund | 17,333,189 | 1.11% | $3.07B | 1.93% | May 31, 2026 |
| Growth Fund of America | 16,199,211 | 1.04% | $2.87B | 0.80% | May 31, 2026 |
| Vanguard Value Index Fund | 14,835,203 | 0.95% | $2.68B | 1.05% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Jacek Olczak | Group CEO PMI, Director | 632,344 | 0.04% | Feb 20, 2026 |
| Massimo Andolina | Group Chief Financial Officer | 71,588 | 0.00% | Aug 3, 2026 |
| Reginaldo Dobrowolski | Group Controller | 28,414 | 0.00% | Mar 9, 2026 |
| Wilde Frederic De | CEO PMI International | 133,513 | 0.01% | Feb 20, 2026 |
| Emmanuel Babeau | Group Chief Financial Officer | 164,463 | 0.01% | Feb 20, 2026 |
| Yann Guerin | Group Chief Legal Officer | 34,412 | 0.00% | Feb 20, 2026 |
| Stacey Kennedy | CEO PMI U.S. | 45,301 | 0.00% | Feb 20, 2026 |
| Mindaugas Trumpaitis | President Combustibles Cat. | 73,002 | 0.00% | Jun 9, 2025 |
| Lars Dahlgren | Pres. Smoke-Free Oral Products | 26,828 | 0.00% | Mar 7, 2025 |
| Vasileios Gkatzelis | Pres. E.A., Aus., and PMI DF | 22,481 | 0.00% | Feb 21, 2025 |
| Werner Barth | Pr.Combusibles&GlobalComb.Mktg | 106,244 | 0.01% | Feb 21, 2025 |
| Stefano Volpetti | Pr.SmokeFree&ChiefCons.Officer | 117,380 | 0.01% | Feb 21, 2025 |
| Werner Geissler | Director | 98,356 | 0.01% | May 8, 2026 |
| Bonin Bough | Director | 11,297 | 0.00% | May 8, 2026 |
| Andre Calantzopoulos | Director | 987,194 | 0.06% | May 8, 2026 |
| Victoria D. Harker | Director | 4,537 | 0.00% | May 8, 2026 |
| Michel Combes | Director | 11,643 | 0.00% | May 8, 2026 |
| Shlomo Yanai | Director | 10,120 | 0.00% | May 8, 2026 |
| Robert Polet | Director | 29,765 | 0.00% | May 8, 2026 |
| Lisa Hook | Director | 20,060 | 0.00% | May 8, 2026 |
| Kalpana Morparia | Director | 28,236 | 0.00% | May 8, 2026 |
| Dessislava Temperley | Director | 7,756 | 0.00% | May 9, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Kalpana Morparia Director | May 6, 2026 | Award | +1,119 | $169.93 | $190.15K | 28,236 |
| Michel Combes Director | May 6, 2026 | Award | +1,119 | $169.93 | $190.15K | 11,643 |
| Robert Polet Director | May 6, 2026 | Award | +1,119 | $169.93 | $190.15K | 29,765 |
| Shlomo Yanai Director | May 6, 2026 | Award | +1,119 | $169.93 | $190.15K | 10,120 |
| Bonin Bough Director | May 6, 2026 | Award | +1,119 | $169.93 | $190.15K | 11,297 |
| Victoria D. Harker Director | May 6, 2026 | Award | +1,119 | $169.93 | $190.15K | 4,537 |
| Werner Geissler Director | May 6, 2026 | Award | +1,119 | $169.93 | $190.15K | 98,356 |
| Andre Calantzopoulos Director | May 6, 2026 | Award | +1,119 | $169.93 | $190.15K | 588,782 |
| Lisa Hook Director | May 6, 2026 | Award | +1,119 | $169.93 | $190.15K | 20,060 |
| Reginaldo Dobrowolski Group Controller | Mar 6, 2026 | Tax withholding | −22 | $169.98 | $3.74K | 7,232 |
| Reginaldo Dobrowolski Group Controller | Feb 20, 2026 | Sale | −1,000 | $183.58 | $183.58K | 7,254 |
| Reginaldo Dobrowolski Group Controller | Feb 20, 2026 | Sale | −5,000 | $183.46 | $917.30K | 21,182 |
| Stacey Kennedy CEO PMI U.S. | Feb 20, 2026 | Sale | −14,350 | $183.13 | $2.63M | 45,301 |
| Wilde Frederic De CEO PMI International | Feb 19, 2026 | Sale | −20,000 | $182.58 | $3.65M | 133,513 |
| Emmanuel Babeau Group Chief Financial Officer | Feb 19, 2026 | Sale | −33,800 | $181.61 | $6.14M | 164,463 |
| Yann Guerin Group Chief Legal Officer | Feb 19, 2026 | Sale | −4,000 | $181.69 | $726.76K | 34,412 |
| Jacek Olczak Group CEO PMI, Director | Feb 19, 2026 | Sale | −80,000 | $182.18 | $14.57M | 632,344 |
| Reginaldo Dobrowolski Group Controller | Feb 18, 2026 | Tax withholding | −40 | $182.67 | $7.31K | 8,254 |
| Reginaldo Dobrowolski Group Controller | Feb 18, 2026 | Tax withholding | −210 | $182.67 | $38.36K | 26,182 |
| Andre Calantzopoulos Director | Feb 18, 2026 | Tax withholding | −14,740 | $182.67 | $2.69M | 587,663 |
| Wilde Frederic De CEO PMI International | Feb 18, 2026 | Tax withholding | −1,000 | $182.67 | $182.67K | 153,513 |
| Emmanuel Babeau Group Chief Financial Officer | Feb 18, 2026 | Tax withholding | −2,228 | $182.67 | $406.99K | 198,263 |
| Stacey Kennedy CEO PMI U.S. | Feb 18, 2026 | Tax withholding | −4,324 | $182.67 | $789.87K | 59,651 |
| Yann Guerin Group Chief Legal Officer | Feb 18, 2026 | Tax withholding | −176 | $182.67 | $32.15K | 38,412 |
| Jacek Olczak Group CEO PMI, Director | Feb 18, 2026 | Tax withholding | −6,121 | $182.67 | $1.12M | 712,344 |
| Wilde Frederic De CEO PMI International | Feb 6, 2026 | Award | +10,640 | $172.93 | $1.84M | 154,513 |
| Jacek Olczak Group CEO PMI, Director | Feb 6, 2026 | Award | +33,460 | $172.93 | $5.79M | 718,465 |
| Stacey Kennedy CEO PMI U.S. | Feb 6, 2026 | Award | +4,430 | $172.93 | $766.08K | 63,975 |
| Emmanuel Babeau Group Chief Financial Officer | Feb 6, 2026 | Award | +11,340 | $172.93 | $1.96M | 200,491 |
| Reginaldo Dobrowolski Group Controller | Feb 6, 2026 | Award | +740 | $172.93 | $127.97K | 8,294 |
| Reginaldo Dobrowolski Group Controller | Feb 6, 2026 | Award | +1,960 | $172.93 | $338.94K | 26,392 |
| Yann Guerin Group Chief Legal Officer | Feb 6, 2026 | Award | +5,050 | $172.93 | $873.30K | 38,588 |
| Wilde Frederic De CEO PMI International | Feb 5, 2026 | Award | +22,439 | – | – | 143,873 |
| Jacek Olczak Group CEO PMI, Director | Feb 5, 2026 | Award | +137,579 | – | – | 685,005 |
| Stacey Kennedy CEO PMI U.S. | Feb 5, 2026 | Award | +11,780 | – | – | 59,545 |
| Emmanuel Babeau Group Chief Financial Officer | Feb 5, 2026 | Award | +50,046 | – | – | 189,151 |
| Reginaldo Dobrowolski Group Controller | Feb 5, 2026 | Award | +3,838 | – | – | 24,432 |
| Yann Guerin Group Chief Legal Officer | Feb 5, 2026 | Award | +3,230 | – | – | 33,538 |
| Andre Calantzopoulos Director | Feb 5, 2026 | Award | +40,052 | – | – | 602,403 |
| Bonin Bough Director | May 7, 2025 | Award | +1,002 | $174.82 | $175.17K | 9,834 |
| Dessislava Temperley Director | May 7, 2025 | Award | +1,002 | $174.82 | $175.17K | 7,756 |
| Michel Combes Director | May 7, 2025 | Award | +1,002 | $174.82 | $175.17K | 10,204 |
| Lisa Hook Director | May 7, 2025 | Award | +1,002 | $174.82 | $175.17K | 18,303 |
| Victoria D. Harker Director | May 7, 2025 | Award | +1,002 | $174.82 | $175.17K | 3,418 |
| Robert Polet Director | May 7, 2025 | Award | +1,002 | $174.82 | $175.17K | 28,646 |
| Kalpana Morparia Director | May 7, 2025 | Award | +1,002 | $174.82 | $175.17K | 27,117 |
| Andre Calantzopoulos Director | May 7, 2025 | Award | +1,002 | $174.82 | $175.17K | 562,351 |
| Shlomo Yanai Director | May 7, 2025 | Award | +1,002 | $174.82 | $175.17K | 8,759 |
| Werner Geissler Director | May 7, 2025 | Award | +1,002 | $174.82 | $175.17K | 94,416 |
| Lars Dahlgren Pres. Smoke-Free Oral Products | Mar 6, 2025 | Sale | −3,679 | $152.96 | $562.74K | 26,828 |
| Massimo Andolina President, Europe Region | Feb 24, 2025 | Sale | −17,500 | $156.05 | $2.73M | 86,737 |
| Yann Guerin SVP & General Counsel | Feb 20, 2025 | Sale | −2,500 | $151.28 | $378.20K | 30,308 |
| Werner Barth Pr.Combusibles&GlobalComb.Mktg | Feb 20, 2025 | Sale | −10,000 | $148.67 | $1.49M | 106,244 |
| Andre Calantzopoulos Director | Feb 20, 2025 | Sale | −40,643 | $149.06 | $6.06M | 561,349 |
| Emmanuel Babeau Chief Financial Officer | Feb 20, 2025 | Sale | −30,000 | $148.85 | $4.47M | 139,105 |
| Jacek Olczak Chief Executive Officer, Director | Feb 20, 2025 | Sale | −40,000 | $148.87 | $5.95M | 547,426 |
| Yann Guerin SVP & General Counsel | Feb 19, 2025 | Tax withholding | −193 | $148.74 | $28.71K | 32,808 |
| Reginaldo Dobrowolski Vice President and Controller | Feb 19, 2025 | Tax withholding | −205 | $148.74 | $30.49K | 20,594 |
| Reginaldo Dobrowolski Vice President and Controller | Feb 19, 2025 | Tax withholding | −42 | $148.74 | $6.25K | 7,554 |
| Werner Barth Pr.Combusibles&GlobalComb.Mktg | Feb 19, 2025 | Tax withholding | −791 | $148.74 | $117.65K | 116,244 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Harumi Oka Dobrowolski Cristina Member of immediate family of any of the foregoing | Feb 20, 2026 | 1,000 | $183.58K | Feb 20, 2026 | Vested Restricted Award |
| Dobrowolski Reginaldo Officer | Feb 20, 2026 | 5,000 | $917.30K | Feb 20, 2026 | Vested Restricted Award |
| R. Kennedy Stacey Officer | Feb 20, 2026 | 14,350 | $2.63M | Feb 20, 2026 | Vested Restricted Award |
| Babeau Emmanuel Officer | Feb 19, 2026 | 33,800 | $6.14M | Feb 19, 2026 | Vested Restricted Award |
| Olczak Jacek Officer | Feb 19, 2026 | 80,000 | $14.57M | Feb 19, 2026 | Vested Performance Award |
| J. De Wilde Frederic Officer | Feb 19, 2026 | 20,000 | $3.65M | Feb 19, 2026 | Vested Performance Award |
| Guerin Yann Officer | Feb 19, 2026 | 4,000 | $726.72K | Feb 19, 2026 | Vested Restricted Award |
| Dahlgren Lars Officer | Mar 6, 2025 | 3,679 | $562.74K | Mar 6, 2025 | Vested RSU |
| Andolina Massimo Officer | Feb 24, 2025 | 17,500 | $2.73M | Feb 24, 2025 | Vested PSU Award |
| Olczak Jacek Officer | Feb 20, 2025 | 40,000 | $5.95M | Feb 20, 2025 | Vested PSU Award |
| Calantzopoulos Andre Director | Feb 20, 2025 | 40,643 | $6.06M | Feb 20, 2025 | Vested PSU Award |
| Babeau Emmanuel Officer | Feb 20, 2025 | 30,000 | $4.47M | Feb 20, 2025 | Vested PSU Award |
| Barth Werner Officer | Feb 20, 2025 | 10,000 | $1.49M | Feb 20, 2025 | Vested PSU Award |
| Guerin Yann Officer | Feb 20, 2025 | 2,500 | $378.18K | Feb 20, 2025 | Vested PSU Award |
| Dobrowolski Reginaldo Officer | Feb 12, 2025 | 5,000 | $749.40K | Feb 12, 2025 | Vested RSU |