Dynamic Advisor Solutions LLC cut its holdings in shares of Philip Morris International Inc. (NYSE:PM – Free Report) by 16.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,549 shares of the company’s stock after selling 3,729 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Philip Morris International were worth $3,136,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake 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 raised its stake in shares of Philip Morris International by 2.2% in the 3rd quarter. Capital World Investors now owns 128,776,327 shares of the company’s stock valued at $20,887,743,000 after acquiring an additional 2,714,674 shares during the period. Capital International Investors raised its stake in shares of Philip Morris International by 1.0% in the 3rd 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 lifted its holdings in shares of Philip Morris International by 1.6% in the 2nd quarter. State Street Corp now owns 55,831,655 shares of the company’s stock worth $10,243,429,000 after acquiring an additional 871,165 shares during the last quarter. Finally, Capital Research Global Investors lifted its holdings in shares of Philip Morris International by 7.2% in the 3rd 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.
Insiders Place Their Bets
In related news, CEO Jacek Olczak sold 80,000 shares of the business’s stock in a transaction 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. 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 is accessible through the SEC website. Also, CFO Emmanuel Babeau sold 33,800 shares of the stock in a transaction on Thursday, February 19th. The shares were 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 directly owned 164,463 shares in the company, valued at $29,868,125.43. This trade represents a 17.05% decrease in their position. 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
Check Out Our Latest Report on PM
Philip Morris International Stock Performance
Shares of Philip Morris International stock opened at $163.31 on Tuesday. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $191.30. The company has a market cap of $254.21 billion, a PE ratio of 22.46, a P/E/G ratio of 1.86 and a beta of 0.38. The business has a 50-day simple moving average of $177.15 and a 200-day simple moving average of $164.20.
Philip Morris International (NYSE:PM – Get Free Report) last released its earnings results on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.70. The firm had revenue of $10.36 billion for 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 business’s quarterly revenue 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. On average, sell-side analysts predict 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 disclosed a quarterly dividend, which will be paid on Monday, April 13th. Shareholders of record on Thursday, March 19th will be given 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 dividend yield of 3.6%. Philip Morris International’s dividend payout ratio is currently 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.
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