NorthRock Partners LLC Has $30.85 Million Holdings in Philip Morris International Inc. $PM

NorthRock Partners LLC trimmed its stake in shares of Philip Morris International Inc. (NYSE:PM) by 1.5% during the third quarter, Holdings Channel.com reports. The firm owned 190,207 shares of the company’s stock after selling 2,938 shares during the period. NorthRock Partners LLC’s holdings in Philip Morris International were worth $30,852,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Traub Capital Management LLC acquired a new stake in shares of Philip Morris International in the second quarter valued at approximately $25,000. Marquette Asset Management LLC lifted its holdings in Philip Morris International by 1,677.8% during the 3rd quarter. Marquette Asset Management LLC now owns 160 shares of the company’s stock worth $26,000 after buying an additional 151 shares in the last quarter. Estabrook Capital Management bought a new position in Philip Morris International in the 2nd quarter valued at $30,000. Dogwood Wealth Management LLC boosted its position in Philip Morris International by 96.5% in the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after buying an additional 82 shares during the last quarter. Finally, Anfield Capital Management LLC increased its stake in shares of Philip Morris International by 185.5% in the 2nd quarter. Anfield Capital Management LLC now owns 197 shares of the company’s stock valued at $36,000 after buying an additional 128 shares during the period. 78.63% of the stock is owned by institutional investors.

Insider Activity at Philip Morris International

In other news, CEO Jacek Olczak sold 80,000 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $182.18, for a total value of $14,574,400.00. Following the completion of the transaction, the chief executive officer owned 632,344 shares in the company, valued at $115,200,429.92. This represents a 11.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Emmanuel Babeau sold 33,800 shares of the stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $181.61, for a total transaction of $6,138,418.00. Following the sale, the chief financial officer directly owned 164,463 shares of the company’s stock, valued at $29,868,125.43. This represents a 17.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.13% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Jefferies Financial Group downgraded Philip Morris International from a “buy” rating to a “hold” rating and dropped their target price for the stock from $220.00 to $180.00 in a research report on Tuesday, January 20th. Wall Street Zen cut Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Stifel Nicolaus set a $200.00 price objective on Philip Morris International in a research report on Monday, February 9th. Barclays reissued an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research note on Thursday, January 22nd. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Philip Morris International presently has an average rating of “Moderate Buy” and an average target price of $196.83.

Philip Morris International Price Performance

Shares of Philip Morris International stock opened at $174.52 on Friday. The company has a market capitalization of $271.67 billion, a P/E ratio of 24.00, a price-to-earnings-growth ratio of 1.96 and a beta of 0.38. The business has a 50-day moving average of $176.24 and a two-hundred day moving average of $164.14. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $191.30.

Philip Morris International (NYSE:PM) last released its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, meeting the consensus estimate of $1.70. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The business had revenue of $10.36 billion for the quarter, compared to analysts’ expectations of $10.40 billion. During the same quarter in the previous year, the business posted $1.55 EPS. Philip Morris International’s revenue for the quarter was up 6.8% on a year-over-year basis. Philip Morris International has set its Q1 2026 guidance at 1.800-1.850 EPS and its FY 2026 guidance at 8.380-8.530 EPS. On average, equities analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 13th. Shareholders of record on Thursday, March 19th will be paid a $1.47 dividend. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $5.88 dividend on an annualized basis and a yield of 3.4%. Philip Morris International’s payout ratio is presently 80.88%.

About Philip Morris International

Philip Morris International Inc (NYSE: PM) is a global tobacco company that manufactures and sells cigarettes, other nicotine-containing products and a growing portfolio of smoke-free alternatives for adult smokers. The firm traces its corporate roots to the 19th century Philip Morris enterprise and was established as an independent, publicly traded company following a 2008 separation from what is now Altria. Since the spin-off, the company has focused on serving international markets outside the United States.

PMI’s product mix includes traditional combustible cigarettes as well as smoke-free offerings such as heated tobacco systems and other reduced-risk products.