PM

SHORTCONGRESS BUY

PHILIP MORRIS INTL INC

Research: Finviz ↗·Perplexity ↗

🗄 Viewing archived Q1 2026 data — frozen, no longer refreshed.

Funds

Score

3.59

vs SPY

-3.6%

Stock return (since Q-end)

+16.1%

SPY return (since Q-end)

+19.7%

Current price

$190.39

Days to cover (short int.)

2.8d↓-7.8%

as of 2026-07-31

News Summary

Negative

PM delivered mixed Q1-Q2 2026 results with EPS beats on strong smoke-free product momentum (43% of revenues, +24.7% YoY growth) and pricing power, but full-year EPS guidance was cut twice to $8.26–$8.41 (below consensus of $8.64) due to a $500M RBH impairment and currency headwinds. Regulatory wins (ZYN MRTP authorization, IQOS reauthorization) provide competitive differentiation, but combustible volume declines (-5.1% in Q1) and guidance misses signal near-term headwinds offsetting smoke-free gains.

Red flags

•Full-year EPS guidance cut twice in 2 months (June 2 and July 22), now ~4% below consensus
•$500M non-cash impairment on RBH (Canadian affiliate) signals portfolio stress
•International combustible volumes declined 5.1% in Q1; reported net earnings fell 8.3% in Q2 YoY
•Q2 revenue beat was offset by lower net earnings; premarket reaction muted to negative despite EPS beat, indicating investor skepticism on guidance
•Guidance range of $8.26–$8.41 implies only 9.5%–11.5% EPS growth vs. 2025, decelerating from 16% in Q1

Funds Reducing / Exiting (3)

Fund	Manager	Shares Held	∆ Shares	Position Value	% of Fund	QoQ	Status
Maverick Capital	Lee Ainslie	567K	-1,609,458	$94M	3.8%	-74%	Existing
Lone Pine Capital	Steve Mandel	0	−2.6M	—	3.1%	-100%	EXITED
Duquesne Family Office	Stanley Druckenmiller	0	−67K	—	0.3%	-100%	EXITED

Shares Held reflects quarter-end positions for partial reductions. Funds that fully exited show 0 shares held. ∆ Shares is the change from the prior quarter. % of Fund is the prior-quarter position size — how much of the book was sold down.

Congressional Trading

Member	Chamber	State	Type	Amount Range	Transaction Date	Filed	Src
Alan Armstrong	senate	—	BUY	$1,001 - $15,000	2026-03-27	2026-07-21	↗

Periodic Transaction Reports filed under the STOCK Act. Amounts are disclosed as ranges, not exact dollar figures.