Chesley Taft & Associates LLC Raises Position in Philip Morris International Inc. $PM

Chesley Taft & Associates LLC increased its stake in shares of Philip Morris International Inc. (NYSE:PM) by 70.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 11,270 shares of the company’s stock after purchasing an additional 4,674 shares during the quarter. Chesley Taft & Associates LLC’s holdings in Philip Morris International were worth $1,808,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of PM. Second Line Capital LLC raised its position in Philip Morris International by 4.8% during the 2nd quarter. Second Line Capital LLC now owns 1,338 shares of the company’s stock valued at $245,000 after purchasing an additional 61 shares in the last quarter. Bernardo Wealth Planning LLC grew its position in shares of Philip Morris International by 1.8% during the 2nd quarter. Bernardo Wealth Planning LLC now owns 3,584 shares of the company’s stock worth $653,000 after buying an additional 62 shares in the last quarter. Nia Impact Advisors LLC increased its stake in shares of Philip Morris International by 4.2% during the second quarter. Nia Impact Advisors LLC now owns 1,577 shares of the company’s stock valued at $287,000 after buying an additional 63 shares during the period. Gerber Kawasaki Wealth & Investment Management raised its holdings in shares of Philip Morris International by 3.7% in the second quarter. Gerber Kawasaki Wealth & Investment Management now owns 1,811 shares of the company’s stock valued at $330,000 after acquiring an additional 64 shares in the last quarter. Finally, ARS Wealth Advisors Group LLC raised its holdings in shares of Philip Morris International by 2.5% in the fourth quarter. ARS Wealth Advisors Group LLC now owns 2,644 shares of the company’s stock valued at $424,000 after acquiring an additional 64 shares in the last quarter. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Price Performance

Shares of PM stock opened at $163.62 on Monday. The stock’s 50-day moving average is $176.60 and its 200 day moving average is $164.21. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $191.30. The company has a market cap of $255.01 billion, a P/E ratio of 22.51, a PEG ratio of 1.86 and a beta of 0.38.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, hitting 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 net margin of 12.09% and a negative return on equity of 130.95%. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous 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 anticipate that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Announces Dividend

The company also recently declared 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. This represents a $5.88 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Thursday, March 19th. Philip Morris International’s payout ratio is currently 80.88%.

Wall Street Analysts Forecast Growth

PM has been the topic of several recent research reports. UBS Group reiterated a “neutral” rating and set a $181.50 target price on shares of Philip Morris International in a report on Monday, February 9th. Morgan Stanley restated an “overweight” rating and issued a $205.00 price target on shares of 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 report on Saturday, January 10th. Citigroup increased 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. Finally, Stifel Nicolaus set a $200.00 price objective on shares of Philip Morris International in a report on Monday, February 9th. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $196.83.

Insiders Place Their Bets

In other news, CFO Emmanuel Babeau sold 33,800 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $181.61, for a total transaction of $6,138,418.00. Following the transaction, the chief financial officer directly owned 164,463 shares of the company’s stock, valued at approximately $29,868,125.43. This represents a 17.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jacek Olczak sold 80,000 shares of the stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $182.18, for a total value of $14,574,400.00. Following the sale, the chief executive officer owned 632,344 shares of the company’s stock, valued at approximately $115,200,429.92. This represents a 11.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate 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.