Balefire LLC Sells 4,542 Shares of Philip Morris International Inc. $PM

Balefire LLC lessened its holdings in Philip Morris International Inc. (NYSE:PM) by 14.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,826 shares of the company’s stock after selling 4,542 shares during the period. Philip Morris International accounts for about 0.9% of Balefire LLC’s investment portfolio, making the stock its 24th biggest holding. Balefire LLC’s holdings in Philip Morris International were worth $4,463,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Corient Private Wealth LLC boosted its holdings in Philip Morris International by 1.2% during the second quarter. Corient Private Wealth LLC now owns 490,590 shares of the company’s stock valued at $89,354,000 after acquiring an additional 5,681 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of Philip Morris International by 10.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 549,481 shares of the company’s stock valued at $84,922,000 after purchasing an additional 51,399 shares during the last quarter. Schroder Investment Management Group increased its stake in shares of Philip Morris International by 10.2% in the third quarter. Schroder Investment Management Group now owns 302,173 shares of the company’s stock worth $49,251,000 after purchasing an additional 27,979 shares during the period. Trajan Wealth LLC increased its stake in shares of Philip Morris International by 31.2% in the third quarter. Trajan Wealth LLC now owns 132,295 shares of the company’s stock worth $21,458,000 after purchasing an additional 31,490 shares during the period. Finally, Dynasty Wealth Management LLC lifted its position in shares of Philip Morris International by 53.0% during the 3rd quarter. Dynasty Wealth Management LLC now owns 27,772 shares of the company’s stock worth $4,505,000 after purchasing an additional 9,622 shares during the last quarter. 78.63% of the stock is currently owned by institutional investors.

Philip Morris International Stock Up 0.4%

Philip Morris International stock opened at $163.95 on Wednesday. The business has a 50 day moving average price of $177.12 and a two-hundred day moving average price of $164.22. 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 cap of $255.22 billion, a price-to-earnings ratio of 22.55, a price-to-earnings-growth ratio of 1.86 and a beta of 0.38.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, hitting the consensus estimate of $1.70. The company had revenue of $10.36 billion for the quarter, compared to analyst estimates of $10.40 billion. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.Philip Morris International’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.55 EPS. 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, analysts expect that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

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

Wall Street Analyst Weigh In

Several analysts recently weighed in on PM shares. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research note on Thursday, January 22nd. Barclays reaffirmed an “overweight” rating and issued a $205.00 price target on shares of Philip Morris International in a research report on Monday, February 23rd. UBS Group reissued a “neutral” rating and issued a $181.50 price objective on shares of Philip Morris International in a research report on Monday, February 9th. Needham & Company LLC raised their price objective on shares of Philip Morris International from $190.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $205.00 target price on shares of Philip Morris International in a research report on Monday, February 9th. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $196.83.

Insider Buying and Selling at Philip Morris International

In other news, CFO Emmanuel Babeau sold 33,800 shares of the firm’s 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 transaction, the chief financial officer directly owned 164,463 shares of the company’s stock, valued at approximately $29,868,125.43. This trade represents a 17.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jacek Olczak sold 80,000 shares of Philip Morris International 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 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 disclosure for this sale is available in the SEC filing. 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.