Brookstone Capital Management Increases Stock Holdings in Philip Morris International Inc. $PM

Brookstone Capital Management increased its stake in shares of Philip Morris International Inc. (NYSE:PMFree Report) by 11.8% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 30,682 shares of the company’s stock after acquiring an additional 3,243 shares during the period. Brookstone Capital Management’s holdings in Philip Morris International were worth $4,921,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Corient Private Wealth LLC increased its stake in Philip Morris International by 1.2% during the 2nd quarter. Corient Private Wealth LLC now owns 490,590 shares of the company’s stock worth $89,354,000 after buying an additional 5,681 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in Philip Morris International by 10.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 549,481 shares of the company’s stock worth $84,922,000 after buying an additional 51,399 shares in the last quarter. Schroder Investment Management Group boosted its position in Philip Morris International by 10.2% in the 3rd quarter. Schroder Investment Management Group now owns 302,173 shares of the company’s stock valued at $49,251,000 after buying an additional 27,979 shares during the last quarter. Trajan Wealth LLC boosted its position in Philip Morris International by 31.2% in the 3rd quarter. Trajan Wealth LLC now owns 132,295 shares of the company’s stock valued at $21,458,000 after buying an additional 31,490 shares during the last quarter. Finally, Dynasty Wealth Management LLC grew its stake in shares of Philip Morris International by 53.0% during the third quarter. Dynasty Wealth Management LLC now owns 27,772 shares of the company’s stock valued at $4,505,000 after acquiring an additional 9,622 shares in the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Insider Activity at Philip Morris International

In other Philip Morris International news, CFO Emmanuel Babeau sold 33,800 shares of Philip Morris International 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 owned 164,463 shares of the company’s stock, valued at $29,868,125.43. The trade was a 17.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, 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 sale, the chief executive officer owned 632,344 shares of the company’s stock, valued at approximately $115,200,429.92. The trade was 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.

Trending Headlines about Philip Morris International

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Philip Morris International Stock Performance

Shares of PM stock opened at $157.85 on Thursday. The stock has a market capitalization of $246.02 billion, a price-to-earnings ratio of 21.71, a PEG ratio of 1.88 and a beta of 0.43. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $191.30. The company’s 50-day simple moving average is $176.16 and its 200-day simple moving average is $164.14.

Philip Morris International (NYSE:PMGet Free Report) last announced its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share 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 firm had revenue of $10.36 billion during the quarter, compared to analyst estimates of $10.40 billion. During the same period in the previous year, the company earned $1.55 earnings per share. Philip Morris International’s quarterly revenue was up 6.8% on a year-over-year basis. 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. As a group, research analysts forecast that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, April 13th. Stockholders of record on Thursday, March 19th will be issued a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Thursday, March 19th. Philip Morris International’s payout ratio is 80.88%.

Analyst Ratings Changes

PM has been the topic of a number of analyst reports. UBS Group reaffirmed a “neutral” rating and set a $181.50 target price on shares of Philip Morris International in a research report on Monday, February 9th. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a report on Thursday, January 22nd. Barclays restated an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. Needham & Company LLC increased their target price on Philip Morris International from $190.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Finally, Wall Street Zen downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $196.83.

Check Out Our Latest Analysis on PM

Philip Morris International Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Philip Morris International (NYSE:PM)

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