Philip Morris International Inc. $PM Shares Acquired by Cambria Investment Management L.P.

Cambria Investment Management L.P. increased its position in Philip Morris International Inc. (NYSE:PM) by 154.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 8,779 shares of the company’s stock after purchasing an additional 5,335 shares during the period. Cambria Investment Management L.P.’s holdings in Philip Morris International were worth $1,424,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in Philip Morris International by 0.4% during the third quarter. Vanguard Group Inc. now owns 143,468,448 shares of the company’s stock worth $23,270,582,000 after buying an additional 611,393 shares during the period. Capital World Investors lifted its stake in Philip Morris International by 2.2% in the third quarter. Capital World Investors now owns 128,776,327 shares of the company’s stock valued at $20,887,743,000 after buying an additional 2,714,674 shares during the last quarter. Capital International Investors boosted its holdings in shares of Philip Morris International by 1.0% in the third quarter. Capital International Investors now owns 89,150,871 shares of the company’s stock valued at $14,461,220,000 after acquiring an additional 882,885 shares during the period. State Street Corp boosted its holdings in shares of Philip Morris International by 1.6% in the second quarter. State Street Corp now owns 55,831,655 shares of the company’s stock valued at $10,243,429,000 after acquiring an additional 871,165 shares during the period. Finally, Capital Research Global Investors grew its position in shares of Philip Morris International by 7.2% during the third quarter. Capital Research Global Investors now owns 43,546,533 shares of the company’s stock worth $7,063,263,000 after acquiring an additional 2,911,835 shares during the last quarter. 78.63% of the stock is owned by institutional investors and hedge funds.

Philip Morris International Trading Down 1.7%

NYSE PM opened at $163.36 on Friday. The business’s 50 day moving average is $177.19 and its two-hundred day moving average is $164.23. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $191.30. The stock has a market capitalization of $254.30 billion, a price-to-earnings ratio of 22.47, a PEG ratio of 1.89 and a beta of 0.38.

Philip Morris International (NYSE:PM) last posted its quarterly earnings results on Friday, February 6th. The company reported $1.70 EPS for the quarter, meeting 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 analysts’ expectations of $10.40 billion. During the same period last year, the firm earned $1.55 EPS. The company’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 analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 13th. Shareholders of record on Thursday, March 19th will be issued a $1.47 dividend. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $5.88 dividend on an annualized basis and a yield of 3.6%. Philip Morris International’s dividend payout ratio (DPR) is 80.88%.

Insiders Place Their Bets

In other Philip Morris International news, CFO Emmanuel Babeau sold 33,800 shares of the business’s stock in a transaction on 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 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jacek Olczak sold 80,000 shares of the company’s 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 transaction, the chief executive officer directly owned 632,344 shares in the company, valued at approximately $115,200,429.92. This trade represents a 11.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.13% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

PM has been the topic of a number of recent research reports. Citigroup lifted their target price on shares of Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. UBS Group reiterated a “neutral” rating and set a $181.50 price target on shares of Philip Morris International in a research note on Monday, February 9th. Barclays reissued an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a research report on Monday, February 23rd. JPMorgan Chase & Co. reduced their target price on shares of Philip Morris International from $190.00 to $185.00 and set an “overweight” rating for the company in a report on Wednesday, November 26th. Finally, Stifel Nicolaus set a $200.00 target price on shares of Philip Morris International in a research note on Monday, February 9th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $196.83.

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.