Philip Morris International Inc. $PM Stake Raised by Jefferies Financial Group Inc.

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Jefferies Financial Group Inc. significantly increased its stake in Philip Morris International Inc. (NYSE:PM) by 3,271.4% in the third quarter, bringing its total holdings to 70,799 shares valued at approximately $11.48 million. Despite this institutional accumulation, top insiders, including the CFO and CEO, sold substantial amounts of shares, reducing their positions. Philip Morris International also declared a quarterly dividend of $1.47 and issued its FY2026 EPS guidance, while several analysts have updated their price targets and ratings on the stock.

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