Frank Rimerman Advisors LLC cut its stake in Philip Morris International Inc. (NYSE:PM – Free Report) by 19.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 30,555 shares of the company’s stock after selling 7,486 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in Philip Morris International were worth $4,901,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of PM. Marquette Asset Management LLC grew its holdings in shares of Philip Morris International by 1,677.8% in the third quarter. Marquette Asset Management LLC now owns 160 shares of the company’s stock valued at $26,000 after purchasing an additional 151 shares during the period. Dogwood Wealth Management LLC increased its position in Philip Morris International by 96.5% during the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after purchasing an additional 82 shares during the last quarter. Measured Wealth Private Client Group LLC purchased a new position in Philip Morris International during the third quarter worth about $32,000. McIlrath & Eck LLC acquired a new position in Philip Morris International in the 2nd quarter valued at about $36,000. Finally, FNY Investment Advisers LLC acquired a new position in Philip Morris International in the 3rd quarter valued at about $33,000. Hedge funds and other institutional investors own 78.63% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on PM shares. Jefferies Financial Group cut shares of Philip Morris International from a “buy” rating to a “hold” rating and dropped their price target for the company from $220.00 to $180.00 in a research note on Tuesday, January 20th. Stifel Nicolaus set a $200.00 price objective on Philip Morris International in a report on Monday, February 9th. Barclays reiterated an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a research report on Monday, February 23rd. Needham & Company LLC raised their target price on 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, UBS Group restated a “neutral” rating and issued a $181.50 target price on shares of Philip Morris International in a research report on Monday, February 9th. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $196.83.
Trending Headlines about Philip Morris International
Here are the key news stories impacting Philip Morris International this week:
- Positive Sentiment: Analysts and outlets argue PM is attractive to growth investors because of durable cash flow, accelerating non-combustible product adoption and multi-year EPS guidance that supports total-return potential. Here is Why Growth Investors Should Buy Philip Morris (PM) Now
- Positive Sentiment: Similar buy-case coverage from Zacks highlights PM’s growth profile and style-score appeal for investors seeking growth-plus-income. Here is Why Growth Investors Should Buy Philip Morris (PM) Now
- Positive Sentiment: Coverage naming PM among “best dividend stocks to buy and hold” supports income-oriented demand; steady dividends plus buybacks make the stock appealing to yield-seeking investors. The Best Dividend Stocks to Buy and Hold Forever
- Positive Sentiment: Seeking Alpha reports updates on PMI’s “industry‑leading” pivot away from cigarettes — news that reinforces the long-term growth narrative as smoke‑free product mix increases. Philip Morris updates on its ‘industry-leading shift’ away from cigarettes
- Positive Sentiment: PMI’s Technovation U.S. event (April 14) emphasizes science, policy and innovation to advance a smoke‑free future—an investor-facing effort to strengthen regulatory ties and demonstrate technology roadmap progress. PMI U.S. BRINGS TECHNOVATION TO WASHINGTON D.C.
- Neutral Sentiment: PM released its Value Report 2025 and introduced the Value Plan 2030+, summarizing its 2025 Roadmap completion and laying out sustainability and value-creation targets; this formalizes strategy but is largely a corporate disclosure rather than new financial guidance. Philip Morris International Presents its Value Report 2025: change in motion
- Neutral Sentiment: Additional press distribution of the Value Report (Financial Post / PR outlets) reiterates the same plan and achievements—useful for long-term thesis but not immediate earnings news. Philip Morris International Presents its Value Report 2025: change in motion
Insider Activity at Philip Morris International
In related news, CFO Emmanuel Babeau sold 33,800 shares of Philip Morris International stock in a transaction that occurred 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 owned 164,463 shares in the company, valued at approximately $29,868,125.43. The trade was 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 company’s stock in a transaction that occurred 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 sale, the chief executive officer directly 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 SEC filing for this sale provides additional information. Company insiders own 0.13% of the company’s stock.
Philip Morris International Trading Up 0.4%
PM stock opened at $165.44 on Wednesday. The company has a market capitalization of $257.84 billion, a PE ratio of 22.76, a P/E/G ratio of 1.88 and a beta of 0.38. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $191.30. The business’s fifty day moving average price is $176.38 and its 200 day moving average price is $164.18.
Philip Morris International (NYSE:PM – Get Free Report) last announced its earnings results on Friday, February 6th. The company reported $1.70 EPS for the quarter, meeting analysts’ consensus estimates of $1.70. The company had revenue of $10.36 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period last year, the business posted $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. Research analysts predict that Philip Morris International Inc. will post 7.14 EPS for the current fiscal 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 of this dividend is Thursday, March 19th. This represents a $5.88 annualized dividend and a dividend yield of 3.6%. Philip Morris International’s dividend payout ratio (DPR) is presently 80.88%.
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.
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