Philip Morris International Inc. $PM Shares Sold by Cumberland Partners Ltd

Cumberland Partners Ltd cut its holdings in Philip Morris International Inc. (NYSE:PM) by 34.4% during the 4th quarter, Holdings Channel reports. The firm owned 40,630 shares of the company’s stock after selling 21,320 shares during the period. Cumberland Partners Ltd’s holdings in Philip Morris International were worth $6,517,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of PM. Dogwood Wealth Management LLC grew its position in shares of Philip Morris International by 96.5% in the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after purchasing an additional 82 shares during the last quarter. Richards Merrill & Peterson Inc. acquired a new stake in shares of Philip Morris International in the fourth quarter valued at approximately $28,000. Entrust Financial LLC acquired a new stake in Philip Morris International during the fourth quarter worth approximately $31,000. Measured Wealth Private Client Group LLC acquired a new stake in Philip Morris International during the third quarter worth approximately $32,000. Finally, FNY Investment Advisers LLC acquired a new stake in Philip Morris International during the third quarter worth approximately $33,000. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Stock Up 0.4%

NYSE:PM opened at $189.26 on Friday. The company has a market cap of $294.97 billion, a P/E ratio of 26.62, a P/E/G ratio of 2.17 and a beta of 0.37. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $193.05. The firm’s 50 day moving average is $168.71 and its two-hundred day moving average is $167.07.

Philip Morris International (NYSE:PM) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.13. The company had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. Philip Morris International’s revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.69 earnings per share. Philip Morris International has set its FY 2026 guidance at 8.360-8.510 EPS and its Q2 2026 guidance at 2.020-2.070 EPS. Research analysts forecast that Philip Morris International Inc. will post 8.45 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were paid a dividend of $1.47 per share. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $5.88 dividend on an annualized basis and a yield of 3.1%. Philip Morris International’s dividend payout ratio (DPR) is currently 82.70%.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Citigroup raised their target price on shares of Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Morgan Stanley decreased their target price on shares of Philip Morris International from $205.00 to $190.00 and set an “overweight” rating on the stock in a research report on Friday, April 17th. UBS Group decreased their target price on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a research report on Friday, April 17th. Needham & Company LLC restated a “buy” rating and set a $200.00 target price on shares of Philip Morris International in a research report on Thursday, April 23rd. Finally, Stifel Nicolaus decreased their target price on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. 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.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $192.56.

Philip Morris International 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.