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Baird Financial Group Inc. grew its holdings in Philip Morris International Inc. (NYSE: PM) by 7.1% in the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 284,702 shares of the company's stock after acquiring an additional 18,790 shares
The expansion is part of Philip Morris' push to scale up the brand following substantial manufacturing investments and a key regulatory win this summer.
Philip Morris International NYSE: PM Chief Executive Officer Jacek Olczak said the company has revised its full-year guidance solely to reflect foreign-exchange movements, citing a favorable currency impact of about $0.24 at current spot rates. For the third quarter, the company expects a favorable currency effect of about $0.01, he said during a Barclays discussion hosted by Pallav Mittal, the bank's head of global tobacco.
STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc.'s (PMI) (NYSE: PM) Group CEO PMI, Jacek Olczak, will address investors today at the 2026 Barclays Global Consumer Conference in Boston at 9:45 a.m. ET. The live webcast will be available here. The webcast replay will be available at the same link for six months after the event. The webcast may also be accessed on mobile devices by downloading PMI's Investor Relations App at www.pmi.com/irapp. 2026 Full-Year Forecas.
Philip Morris International is downgraded to Hold as valuation reaches the high end of its historical range. PM's growth is driven by smoke-free products, now 42% of net revenue, with strong execution in international markets. U.S. expansion, especially with IQOS and ZYN, remains a key growth catalyst, but regulatory risks and competitive pressures persist.
The campaign centers on the "click" as a signature brand cue, rolling out across digital, out-of-home, and live cultural moments in 2026 STAMFORD, Conn., Sept. 3, 2026 /PRNewswire/ -- Philip Morris International's U.S. businesses (PMI U.S.) today announced the national rollout of "When It Clicks," ZYN's new brand campaign inspired by the universal moment when effort, timing, and confidence align.
Most retirees assume hitting a $68,400 annual income floor demands either a massive nest egg or risky high-yield instruments, but five ordinary dividend stocks across five sectors challenge both assumptions in ways the math makes hard to ignore.
It successfully pivoted from declining cigarettes toward higher-growth, higher-margin smoke-free products. Strong second quarter results show that this transformation is turning into solid financial performance.