Philip Morris International Inc. (PM)

In the past six months, Philip Morris International's stock has performed strongly, hitting all-time highs with a year-to-date surge of over 50% as of June 2025. Strong quarterly results, particularly in the smoke-free business, have driven stock growth. PMI raised its full-year 2025 guidance, projecting adjusted diluted EPS of $7.43-$7.56, representing 13-15% growth. The company declared a regular quarterly dividend of $1.35 per share in June 2025. Insider trading has primarily involved sales of PM stock, while members of Congress have traded PM stock twice, with one purchase and one sale. Several Wall Street analysts have issued positive ratings on the stock.

Specific details on the demand seasonality for Philip Morris International's products are not readily available. General market analysis tools suggest that historical market trends and seasonal patterns can be identified for the stock. However, no explicit details about the seasonal fluctuations in consumer demand for cigarettes or smoke-free products were found.

Philip Morris International Inc. (PMI) is a multinational tobacco company focused on manufacturing and selling cigarettes and smoke-free products. While Marlboro is its most recognized brand, PMI is strategically shifting towards smoke-free alternatives like heated tobacco products, e-vapor products, and oral smokeless products. As of Q1 2025, smoke-free products accounted for 42% of PMI's total net revenues, with a goal to increase this to over two-thirds by 2030 and eventually phase out cigarettes completely. PMI also aims to expand into wellness and healthcare areas.

Philip Morris International operates in over 180 countries, focusing on international markets outside the U.S. Its operations are divided into five geographic regions: Europe Region; South and Southeast Asia, Commonwealth of Independent States, Middle East and Africa Region (SSEA, CIS & MEA); East Asia, Australia, and PMI Duty Free Region (EA, AU & PMI DF); Americas Region; and Wellness and Healthcare. Asia Pacific has historically been the largest regional market for cigarettes outside of China, with PMI selling approximately 30% of its cigarettes in this region, followed closely by Western Europe.

In the past year, Philip Morris International has focused on transforming its image towards a smoke-free future. PMI has invested heavily in developing and commercializing smoke-free products and has been recognized for its sustainability efforts, including its action on climate change. The company aims to eliminate child labor from its supply chain by 2025. Despite these efforts, PMI faces litigation, regulatory measures, and scrutiny due to the health risks associated with tobacco products. Concerns have been raised about the pace of its transformation and potential misleading communications.

Philip Morris International Inc. is predominantly owned by institutional shareholders, who hold 80.73% of the company's stock. Major institutional owners include Vanguard Group Inc., Capital World Investors, BlackRock, Inc., Capital International Investors, and State Street Corp. Vanguard Group Inc. is the largest individual institutional shareholder, owning 140.62 million shares, representing 9.03% of the company. Retail investors hold an 18.71% stake, while Philip Morris International insiders own a smaller percentage, under 1%.