Philip Morris (PM) reported $10.36 billion in revenue for the quarter ended December 2025, representing a year-over-year increase of 6.8%. EPS of $1.70 for the same period compares to $1.55 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $10.43 billion, representing a surprise of -0.63%. The company delivered an EPS surprise of +2.04%, with the consensus EPS estimate being $1.67.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- an ...

This story was originally published on C-Store Dive. To receive daily news and insights, subscribe to our free daily C-Store Dive newsletter. 3 Big Numbers is a weekly column that looks at a few key details from around the c-store industry. The number of smokers in the U.S. has been declining for decades. These numbers have cut into c-stores’ bottom lines — but the outlook for them isn’t entirely doom and gloom, according to a recent report on nicotine sales from Goldman Sachs. The investment bank’s re ...

Group 1: Institutional Investment Activity - National Pension Service increased its stake in Philip Morris International by 2.7% in Q3, owning 3,810,514 shares valued at $618,065,000 after acquiring an additional 98,450 shares [2] - WCM Investment Management LLC significantly raised its position by 24,968.0% in Q2, now holding 11,275,606 shares worth $2,041,223,000 after purchasing 11,230,626 shares [3] - Vanguard Group Inc. increased its holdings by 1.6% in Q2, owning 142,857,055 shares valued at $26,018,555,000 after acquiring 2,235,380 shares [3] - DZ BANK AG increased its stake by 69.0% in Q2, now owning 4,512,311 shares worth $821,826,000 after buying 1,842,754 shares [3] - Prudential Financial Inc. grew its position by 88.9% in Q2, now holding 2,138,118 shares valued at $389,415,000 after purchasing 1,006,014 shares [3] - Panagora Asset Management Inc. raised its stake by 142.2% in Q2, now owning 1,512,514 shares valued at $275,474,000 after buying 888,148 shares [3] - Institutional investors collectively own 78.63% of Philip Morris International's stock [3] Group 2: Analyst Ratings and Price Targets - Stifel Nicolaus set a price target of $180.00 for Philip Morris International [4] - Barclays lowered its target price from $220.00 to $180.00 while maintaining an "overweight" rating [4] - Wall Street Zen downgraded the stock from a "buy" to a "hold" rating [4] - Goldman Sachs reiterated a "buy" rating for the stock [4] - Weiss Ratings restated a "buy (b)" rating for Philip Morris International [4] - Eleven analysts rated the stock as a "Buy" and two as "Hold," with a consensus rating of "Moderate Buy" and an average target price of $184.56 [4] Group 3: Stock Performance and Financial Metrics - Philip Morris International's stock opened at $179.42, with a market cap of $279.29 billion [5] - The stock has a price-to-earnings ratio of 32.50, a PEG ratio of 1.92, and a beta of 0.40 [5] - The 12-month low for the stock is $128.25, and the 12-month high is $186.69 [5] - The company's 50-day moving average is $161.53, and the 200-day moving average is $161.56 [5] Group 4: Dividend Information - Philip Morris International announced a quarterly dividend of $1.47 per share, paid on January 14th [6] - The annualized dividend amounts to $5.88, resulting in a yield of 3.3% [6] - The dividend payout ratio is 106.52% [6] Group 5: Company Overview - Philip Morris International Inc. is a global tobacco company that manufactures and sells cigarettes and smoke-free alternatives [7] - The company was established as an independent entity following a separation from Altria in 2008 [7] - Philip Morris International focuses on international markets outside the United States [7] - The product mix includes traditional combustible cigarettes and smoke-free offerings such as heated tobacco systems [8]

Investment Activity - Berman McAleer LLC purchased 2,965 shares of Philip Morris International Inc. valued at approximately $481,000 in Q3 [2] - Legacy Investment Solutions LLC and Traub Capital Management LLC each acquired new stakes worth $25,000 in Q2 [3] - Marquette Asset Management LLC increased its holdings by 1,677.8% in Q3, now owning 160 shares valued at $26,000 after buying an additional 151 shares [3] - Briaud Financial Planning Inc raised its position by 266.7% in Q2, now owning 165 shares worth $30,000 after an additional purchase of 120 shares [3] - Institutional investors own 78.63% of the company's stock [3] Analyst Ratings - Wall Street Zen downgraded Philip Morris International from "buy" to "hold" [4] - Goldman Sachs Group maintained a "buy" rating with a target price of $175.00 [4] - Eleven analysts rated the stock as "Buy" and two as "Hold," with a consensus rating of "Moderate Buy" and an average price target of $184.56 [4] Stock Performance - Shares opened at $179.42, with a 52-week low of $128.25 and a high of $186.69 [5] - The market cap is $279.29 billion, with a PE ratio of 32.50 and a PEG ratio of 1.92 [5] Dividend Information - A quarterly dividend of $1.47 was declared, representing an annualized dividend of $5.88 and a yield of 3.3% [6] - The payout ratio is 106.52% [6] Company Overview - Philip Morris International Inc. is a global tobacco company focused on manufacturing and selling cigarettes and smoke-free alternatives [7] - The company has a product mix that includes traditional combustible cigarettes and reduced-risk products [8]

WASHINGTON (AP) — Shares of Altria dipped Thursday after the tobacco giant reported flat earnings due to declining cigarettes sales and challenging competition for newer products, including flavored nicotine pouches. The Richmond, Virginia-based company said fourth-quarter revenue slid 2% to $5.8 billion, mainly driven by lower cigarette sales. Tobacco companies have long had to manage shrinking sales of their main product category, but Altria executives said cigarettes have been increasingly squeezed by ...

Core Insights - Altria reported quarterly earnings of $1.3 per share, missing the Zacks Consensus Estimate of $1.32 per share, but showing an increase from $1.29 per share a year ago [1][2] - The company posted revenues of $5.08 billion for the quarter, surpassing the Zacks Consensus Estimate by 1.54%, although this represents a slight decline from $5.11 billion in the previous year [3] Earnings Performance - The earnings surprise for the quarter was -1.13%, contrasting with a positive surprise of +0.69% in the previous quarter [2] - Over the last four quarters, Altria has exceeded consensus EPS estimates three times [2] Stock Performance - Altria shares have increased approximately 9.5% since the beginning of the year, outperforming the S&P 500's gain of 1.9% [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [7] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.24 on revenues of $4.51 billion, and for the current fiscal year, it is $5.58 on revenues of $20 billion [8] - The outlook for the tobacco industry is currently weak, with the industry ranking in the bottom 32% of over 250 Zacks industries, which may impact Altria's stock performance [9]

Tobacco company Altria forecast full-year profit above analysts' estimates on Thursday, on the back of price hikes for its cigarette and oral tobacco products. ...

Core Insights - Altria reported a decline in fourth-quarter profit due to a decrease in cigarette shipment volume, negatively impacting its smokeable product business [1] Financial Performance - The company's fourth-quarter profit was lower compared to previous periods, primarily driven by reduced cigarette shipments [1] Market Trends - The decline in cigarette shipment volume indicates a broader trend affecting the smokeable product market, suggesting potential challenges for the industry [1]

Altria - Altria has a significant 6.9% dividend yield, which may indicate underlying risks in the company's fundamentals [1] - The company primarily produces nicotine-based products, with cigarettes accounting for approximately 89% of sales and the Marlboro brand representing 85% of overall volume [2] - Cigarette volumes have been in a long-term decline, with a 10.6% drop in the first nine months of 2025, following declines of 10.2% in 2024 and 9.9% in 2023 [3] - Altria has managed to counteract volume declines through price increases and stock buybacks, but the lack of successful new product development raises concerns about the sustainability of its business [4] Clorox - Clorox has a historically high dividend yield of 4.5% and has faced challenges such as reduced demand for cleaning products post-pandemic, inflation, and operational disruptions due to a hacking event [5] - The company has seen a recovery in gross margins, which improved from a low of 33% in Q2 2023 to 41.7% in the first fiscal quarter of 2026, despite some early fiscal 2026 margin weakness [6] - Clorox holds leading positions in various consumer staples segments, often being the only major branded competitor in certain categories, which provides a competitive advantage [7] - The company has a strong history of innovation, exemplified by the rollout of scented trash bags that integrate cleaning product scents, contributing to its growth [9] - Clorox has increased its dividend annually for 48 consecutive years, nearing Dividend King status, making it a more attractive option for dividend growth investors compared to Altria [10]

Group 1 - Imperial Brands has appointed John Rishton as the new Chair of the company, succeeding Therese Esperdy [1] - Therese Esperdy will retire from the board in December [1]