Barrow Hanley Mewhinney & Strauss LLC Reduces Stock Holdings in Philip Morris International Inc. $PM

Barrow Hanley Mewhinney & Strauss LLC lowered its stake in shares of Philip Morris International Inc. (NYSE:PM) by 11.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,141,877 shares of the company’s stock after selling 288,851 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned approximately 0.14% of Philip Morris International worth $347,412,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of PM. Traub Capital Management LLC acquired a new stake in shares of Philip Morris International during the second quarter worth about $25,000. Marquette Asset Management LLC grew its stake in Philip Morris International by 1,677.8% during the 3rd quarter. Marquette Asset Management LLC now owns 160 shares of the company’s stock worth $26,000 after buying an additional 151 shares during the last quarter. Dogwood Wealth Management LLC grew its stake in Philip Morris International by 96.5% during the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after buying an additional 82 shares during the last quarter. Estabrook Capital Management acquired a new position in Philip Morris International during the second quarter worth approximately $30,000. Finally, Anfield Capital Management LLC lifted its stake in Philip Morris International by 185.5% in the second quarter. Anfield Capital Management LLC now owns 197 shares of the company’s stock valued at $36,000 after buying an additional 128 shares during the last quarter. 78.63% of the stock is owned by hedge funds and other institutional investors.

Philip Morris International Trading Down 0.3%

NYSE PM opened at $172.78 on Wednesday. The stock has a market capitalization of $268.96 billion, a price-to-earnings ratio of 23.77, a PEG ratio of 1.97 and a beta of 0.38. The business’s 50 day moving average is $175.58 and its two-hundred day moving average is $164.02. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $191.30.

Philip Morris International (NYSE:PM) last posted its quarterly earnings results on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.70. The firm had revenue of $10.36 billion for the quarter, compared to the consensus estimate of $10.40 billion. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business 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 forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, April 13th. Investors of record on Thursday, March 19th will be issued a $1.47 dividend. The ex-dividend date is Thursday, March 19th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.4%. Philip Morris International’s dividend payout ratio is currently 80.88%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Morgan Stanley reaffirmed an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a report on Monday, February 9th. Citigroup lifted their price objective on shares of Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a report on Thursday, January 22nd. JPMorgan Chase & Co. lowered their price target on Philip Morris International from $190.00 to $185.00 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. Finally, UBS Group restated a “neutral” rating and issued a $181.50 price target on shares of Philip Morris International in a research report on Monday, February 9th. Eleven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Philip Morris International currently has an average rating of “Moderate Buy” and an average price target of $196.83.

Insider Activity at Philip Morris International

In related news, CEO Jacek Olczak sold 80,000 shares of Philip Morris International stock in a transaction 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 completion of the transaction, the chief executive officer directly owned 632,344 shares of the company’s stock, 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 document filed with the SEC, which can be accessed through this link. Also, CFO Emmanuel Babeau sold 33,800 shares of the stock in a transaction dated 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 directly owned 164,463 shares in the company, valued at approximately $29,868,125.43. The trade was a 17.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.13% of the company’s stock.

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.