Artisan Partners released its third-quarter 2025 investor letter for the Artisan Value Fund, reporting returns of 0.83%-0.91% compared to the Russell 1000 Value Index’s 5.33%. The letter highlighted Philip Morris International Inc. (NYSE: PM), a tobacco company with a 3.14% one-month return and shares up 34.20% over 52 weeks, closing at $161.05 per share on December 26, 2025. The fund noted underperformance in the consumer staples sector due to laggards like Philip Morris International Inc. (NYSE: PM) in the third quarter. Despite being held by 90 hedge funds, the stock is not among the 30 most popular stocks among hedge funds.

Read more at Yahoo Finance: Does Philip Morris (PM) Have Significant Runway for Growth?