American Century Companies Inc. Purchases 52,414 Shares of Philip Morris International Inc. $PM

American Century Companies Inc. grew its position in shares of Philip Morris International Inc. (NYSE:PM) by 11.4% in the third quarter, according to its most recent filing with the SEC. The fund owned 511,638 shares of the company’s stock after acquiring an additional 52,414 shares during the quarter. American Century Companies Inc.’s holdings in Philip Morris International were worth $82,988,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Corient Private Wealth LLC raised its holdings in Philip Morris International by 1.2% during the 2nd quarter. Corient Private Wealth LLC now owns 490,590 shares of the company’s stock valued at $89,354,000 after buying an additional 5,681 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in Philip Morris International by 10.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 549,481 shares of the company’s stock valued at $84,922,000 after acquiring an additional 51,399 shares during the last quarter. Trajan Wealth LLC increased its position in Philip Morris International by 31.2% during the third quarter. Trajan Wealth LLC now owns 132,295 shares of the company’s stock valued at $21,458,000 after acquiring an additional 31,490 shares during the last quarter. Dynasty Wealth Management LLC raised its stake in shares of Philip Morris International by 53.0% in the third quarter. Dynasty Wealth Management LLC now owns 27,772 shares of the company’s stock valued at $4,505,000 after acquiring an additional 9,622 shares during the period. Finally, Westwood Holdings Group Inc. lifted its holdings in shares of Philip Morris International by 295.8% in the 2nd quarter. Westwood Holdings Group Inc. now owns 67,717 shares of the company’s stock worth $12,333,000 after acquiring an additional 50,610 shares during the last quarter. 78.63% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Jacek Olczak sold 80,000 shares of the business’s stock in a transaction dated 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 approximately $115,200,429.92. The trade was a 11.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Emmanuel Babeau sold 33,800 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $181.61, for a total value of $6,138,418.00. Following the completion of the transaction, the chief financial officer owned 164,463 shares of the company’s stock, valued at $29,868,125.43. This trade represents a 17.05% 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 Down 3.2%

PM opened at $177.90 on Wednesday. The stock’s fifty day moving average is $174.51 and its two-hundred day moving average is $163.94. The company has a market capitalization of $276.93 billion, a P/E ratio of 24.47, a PEG ratio of 2.09 and a beta of 0.38. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week 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, hitting analysts’ consensus estimates of $1.70. The company had revenue of $10.36 billion during the quarter, compared to analyst estimates of $10.40 billion. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.55 earnings per share. 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 analysts anticipate that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Friday, December 26th were paid a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.3%. The ex-dividend date was Friday, December 26th. Philip Morris International’s payout ratio is 80.88%.

Analysts Set New Price Targets

PM has been the topic of several analyst reports. Morgan Stanley reiterated an “overweight” rating and set a $205.00 price target 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. Jefferies Financial Group cut Philip Morris International from a “buy” rating to a “hold” rating and cut their target price for the company from $220.00 to $180.00 in a research note on Tuesday, January 20th. Barclays reiterated an “overweight” rating and issued a $205.00 price target on shares of Philip Morris International in a report on Monday, February 23rd. Finally, JPMorgan Chase & Co. dropped their price objective on Philip Morris International from $190.00 to $185.00 and set an “overweight” rating for the company in a report on Wednesday, November 26th. Eleven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to 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.