Advisory Services Network LLC Has $14.73 Million Stock Position in Philip Morris International Inc. $PM

Advisory Services Network LLC increased its position in shares of Philip Morris International Inc. (NYSE:PM) by 11.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 90,806 shares of the company’s stock after buying an additional 9,224 shares during the period. Advisory Services Network LLC’s holdings in Philip Morris International were worth $14,729,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC lifted its holdings in Philip Morris International by 31.1% during the fourth quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after acquiring an additional 2,023 shares during the period. Revolve Wealth Partners LLC grew 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 valued at $252,000 after buying an additional 91 shares in the last quarter. Sivia Capital Partners LLC raised its stake in shares of Philip Morris International by 53.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company’s stock valued at $1,027,000 after purchasing an additional 1,970 shares during the period. Kingsview Wealth Management LLC boosted its position in shares of Philip Morris International by 14.5% in the second quarter. Kingsview Wealth Management LLC now owns 23,089 shares of the company’s stock valued at $4,205,000 after acquiring an additional 2,922 shares during the period. Finally, Western Wealth Management LLC boosted its holdings in Philip Morris International by 12.1% in the 2nd quarter. Western Wealth Management LLC now owns 4,982 shares of the company’s stock valued at $907,000 after purchasing an additional 536 shares during the period. 78.63% of the stock is owned by institutional investors.

Analysts Set New Price Targets

PM has been the topic of a number of research reports. Stifel Nicolaus set a $200.00 price objective on Philip Morris International in a report on Monday, February 9th. Wall Street Zen cut shares of Philip Morris International from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Jefferies Financial Group cut shares of Philip Morris International from a “buy” rating to a “hold” rating and decreased their target price for the stock from $220.00 to $180.00 in a research report on Tuesday, January 20th. Morgan Stanley reissued an “overweight” rating and issued a $205.00 price target on shares of Philip Morris International in a research note on Monday, February 9th. Finally, UBS Group restated a “neutral” rating and set a $181.50 price target on shares of Philip Morris International in a research report on Monday, February 9th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $196.83.

Insider Buying and Selling

In other news, CEO Jacek Olczak sold 80,000 shares of the stock in a transaction dated 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 sale, the chief executive officer directly owned 632,344 shares of the company’s stock, valued at $115,200,429.92. This represents a 11.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available 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 owned 164,463 shares of the company’s stock, valued at $29,868,125.43. This trade represents a 17.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.13% of the company’s stock.

Philip Morris International Price Performance

Shares of PM opened at $172.86 on Wednesday. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $191.30. The business’s 50 day simple moving average is $176.88 and its 200-day simple moving average is $164.23. The stock has a market capitalization of $269.09 billion, a price-to-earnings ratio of 23.78, a price-to-earnings-growth ratio of 1.99 and a beta of 0.38.

Philip Morris International (NYSE:PM) last issued its quarterly earnings results on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.70. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The firm 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 EPS. 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. On average, sell-side analysts expect that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 13th. Stockholders of record on Thursday, March 19th will be paid 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 presently 80.88%.

About Philip Morris International

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.