Jacek Olczak Sells 80,000 Shares of Philip Morris International (NYSE:PM) Stock

Philip Morris International Inc. (NYSE:PM) 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 transaction of $14,574,400.00. Following the completion of the transaction, the chief executive officer owned 632,344 shares in the company, valued at approximately $115,200,429.92. This represents a 11.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Philip Morris International Stock Down 1.2%

Shares of NYSE:PM opened at $187.44 on Friday. The firm has a fifty day moving average of $173.12 and a two-hundred day moving average of $163.67. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $191.30. The firm has a market capitalization of $291.78 billion, a P/E ratio of 25.78, a price-to-earnings-growth ratio of 2.16 and a beta of 0.39.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, hitting 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 during the quarter, compared to analyst estimates of $10.40 billion. During the same period last year, the company earned $1.55 earnings per share. Philip Morris International’s quarterly revenue 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. Equities research analysts expect 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 declared a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Friday, December 26th were paid a $1.47 dividend. The ex-dividend date of this dividend was Friday, December 26th. This represents a $5.88 annualized dividend and a dividend yield of 3.1%. Philip Morris International’s payout ratio is presently 80.88%.

Institutional Investors Weigh In On Philip Morris International

Hedge funds and other institutional investors have recently made changes to their positions in the business. Capital International Investors grew its holdings in Philip Morris International by 13.7% in the 4th quarter. Capital International Investors now owns 101,377,875 shares of the company’s stock valued at $16,262,967,000 after buying an additional 12,227,004 shares during the last quarter. Capital Research Global Investors grew its stake in shares of Philip Morris International by 25.3% in the fourth quarter. Capital Research Global Investors now owns 54,559,706 shares of the company’s stock worth $8,751,407,000 after acquiring an additional 11,013,173 shares during the last quarter. Capital World Investors increased its position in Philip Morris International by 2.8% during the fourth quarter. Capital World Investors now owns 132,355,726 shares of the company’s stock worth $21,230,315,000 after acquiring an additional 3,579,399 shares during the period. Massachusetts Financial Services Co. MA increased its position in Philip Morris International by 36.3% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 9,301,112 shares of the company’s stock worth $1,491,898,000 after acquiring an additional 2,475,204 shares during the period. Finally, Vanguard Group Inc. raised its stake in Philip Morris International by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 142,857,055 shares of the company’s stock valued at $26,018,555,000 after purchasing an additional 2,235,380 shares during the last quarter. 78.63% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have issued reports on PM shares. Barclays reiterated an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a research note on Monday. Needham & Company LLC raised their price target on shares of Philip Morris International from $190.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Wall Street Zen cut shares of Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Jefferies Financial Group downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating and lowered their target price for the stock from $220.00 to $180.00 in a research report on Tuesday, January 20th. Finally, UBS Group restated a “neutral” rating and set a $181.50 target price on shares of Philip Morris International in a report on Monday, February 9th. Eleven equities research 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 an average rating of “Moderate Buy” and a consensus price target of $196.83.

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.