Philip Morris International Inc. $PM Shares Sold by Infrastructure Capital Advisors LLC

Infrastructure Capital Advisors LLC trimmed its holdings in Philip Morris International Inc. (NYSE:PM) by 34.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,352 shares of the company’s stock after selling 8,080 shares during the quarter. Infrastructure Capital Advisors LLC’s holdings in Philip Morris International were worth $2,462,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of PM. Brighton Jones LLC lifted its stake in Philip Morris International by 31.1% in the 4th quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after purchasing an additional 2,023 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in Philip Morris International by 4.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock worth $252,000 after purchasing an additional 91 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in Philip Morris International by 53.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company’s stock worth $1,027,000 after purchasing an additional 1,970 shares in the last quarter. Jump Financial LLC purchased a new position in Philip Morris International in the 2nd quarter worth approximately $2,454,000. Finally, Osterweis Capital Management Inc. lifted its stake in Philip Morris International by 2,280.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 357 shares of the company’s stock worth $65,000 after purchasing an additional 342 shares in the last quarter. 78.63% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on PM. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. 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 note on Friday, April 10th. Morgan Stanley raised their target price on shares of Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 3rd. 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 note on Friday, April 17th. Finally, Barclays reiterated an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $192.88.

Philip Morris International Stock Performance

PM opened at $179.43 on Thursday. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $193.05. The stock has a market capitalization of $279.64 billion, a PE ratio of 25.24, a P/E/G ratio of 2.13 and a beta of 0.38. The business’s 50 day moving average price is $174.01 and its 200 day moving average price is $170.46.

Philip Morris International (NYSE:PM) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The firm had revenue of $10.15 billion for the quarter, compared to analysts’ expectations of $9.95 billion. During the same period in the prior year, the firm posted $1.69 earnings per share. The firm’s quarterly revenue was up 9.1% on a year-over-year basis. 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. As a group, equities research analysts forecast that Philip Morris International Inc. will post 8.4 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 20th. Investors of record on Thursday, June 25th will be issued a $1.47 dividend. The ex-dividend date is Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a yield of 3.3%. Philip Morris International’s dividend payout ratio is currently 82.70%.

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.