Victory Financial Group LLC raised its position in shares of Philip Morris International Inc. (NYSE:PM – Free Report) by 36.0% in the fourth quarter, HoldingsChannel reports. The fund owned 13,622 shares of the company’s stock after acquiring an additional 3,607 shares during the period. Victory Financial Group LLC’s holdings in Philip Morris International were worth $2,185,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Second Line Capital LLC lifted its holdings in Philip Morris International by 4.8% during the 2nd quarter. Second Line Capital LLC now owns 1,338 shares of the company’s stock worth $245,000 after purchasing an additional 61 shares during the last quarter. Nia Impact Advisors LLC grew its holdings in Philip Morris International by 4.2% in the 2nd quarter. Nia Impact Advisors LLC now owns 1,577 shares of the company’s stock valued at $287,000 after buying an additional 63 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management increased its position in Philip Morris International by 3.7% during the 2nd quarter. Gerber Kawasaki Wealth & Investment Management now owns 1,811 shares of the company’s stock worth $330,000 after buying an additional 64 shares during the period. ARS Wealth Advisors Group LLC increased its position in Philip Morris International by 2.5% during the 4th quarter. ARS Wealth Advisors Group LLC now owns 2,644 shares of the company’s stock worth $424,000 after buying an additional 64 shares during the period. Finally, Raab & Moskowitz Asset Management LLC lifted its holdings in shares of Philip Morris International by 0.4% during the second quarter. Raab & Moskowitz Asset Management LLC now owns 16,419 shares of the company’s stock worth $2,990,000 after buying an additional 66 shares in the last quarter. Institutional investors and hedge funds own 78.63% of the company’s stock.
Insider Buying and Selling
In other news, CFO Emmanuel Babeau sold 33,800 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $181.61, for a total transaction of $6,138,418.00. Following the completion of the sale, the chief financial officer owned 164,463 shares of the company’s stock, valued at approximately $29,868,125.43. This represents a 17.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Jacek Olczak sold 80,000 shares of the stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $182.18, for a total transaction of $14,574,400.00. Following the sale, 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 position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.13% of the company’s stock.
Philip Morris International Stock Performance
Philip Morris International (NYSE:PM – Get Free Report) last posted its quarterly earnings results on Friday, February 6th. The company reported $1.70 EPS for the quarter, meeting analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $10.40 billion. During the same quarter in the previous year, the firm earned $1.55 earnings per share. Philip Morris International’s revenue for the quarter was up 6.8% compared to the same quarter last year. 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, research analysts predict that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.
Philip Morris International Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, April 13th. Stockholders of record on Thursday, March 19th will be given a $1.47 dividend. The ex-dividend date is Thursday, March 19th. This represents a $5.88 annualized dividend and a dividend yield of 3.6%. Philip Morris International’s payout ratio is presently 80.88%.
Analyst Upgrades and Downgrades
PM has been the subject of a number of recent research reports. Stifel Nicolaus set a $200.00 target price on shares of Philip Morris International in a research report on Monday, February 9th. Jefferies Financial Group lowered shares of Philip Morris International from a “buy” rating to a “hold” rating and lowered their price target for the stock from $220.00 to $180.00 in a research report on Tuesday, January 20th. UBS Group reissued a “neutral” rating and issued a $181.50 price objective on shares of Philip Morris International in a report on Monday, February 9th. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research report on Thursday, January 22nd. Finally, Barclays reaffirmed an “overweight” rating and set a $205.00 target price on shares of Philip Morris International in a report on Monday, February 23rd. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Philip Morris International has a consensus rating of “Moderate Buy” and a consensus target price of $196.83.
Read Our Latest Analysis on PM
Philip Morris International Company Profile
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.
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