Aberdeen Group plc Sells 89,923 Shares of Philip Morris International Inc. $PM

Aberdeen Group plc trimmed its position in shares of Philip Morris International Inc. (NYSE:PMFree Report) by 11.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 701,413 shares of the company’s stock after selling 89,923 shares during the period. Aberdeen Group plc’s holdings in Philip Morris International were worth $112,507,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Second Line Capital LLC increased its holdings in shares of Philip Morris International by 4.8% in the 2nd quarter. Second Line Capital LLC now owns 1,338 shares of the company’s stock worth $245,000 after buying an additional 61 shares during the last quarter. Nia Impact Advisors LLC raised its position in 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 purchasing an additional 63 shares during the period. Gerber Kawasaki Wealth & Investment Management raised its position in Philip Morris International by 3.7% during the second quarter. Gerber Kawasaki Wealth & Investment Management now owns 1,811 shares of the company’s stock valued at $330,000 after purchasing an additional 64 shares during the period. ARS Wealth Advisors Group LLC lifted its stake in shares of Philip Morris International by 2.5% in the 4th quarter. ARS Wealth Advisors Group LLC now owns 2,644 shares of the company’s stock valued at $424,000 after purchasing an additional 64 shares during the last quarter. Finally, Raab & Moskowitz Asset Management LLC lifted its stake in shares of Philip Morris International by 0.4% in the 2nd quarter. Raab & Moskowitz Asset Management LLC now owns 16,419 shares of the company’s stock valued at $2,990,000 after purchasing an additional 66 shares during the last quarter. 78.63% of the stock is currently owned by institutional investors.

Insider Transactions at Philip Morris International

In other news, CFO Emmanuel Babeau sold 33,800 shares of the firm’s stock in a transaction that occurred on 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 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Jacek Olczak sold 80,000 shares of Philip Morris International stock in a transaction that occurred 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 directly owned 632,344 shares of the company’s stock, valued at $115,200,429.92. This represents a 11.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.13% of the stock is owned by corporate insiders.

Analyst Ratings Changes

PM has been the topic of several analyst reports. Needham & Company LLC boosted their target price on Philip Morris International from $190.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. UBS Group reaffirmed a “neutral” rating and set a $181.50 price objective on shares of Philip Morris International in a research note on Monday, February 9th. Morgan Stanley reiterated an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a research report on Monday, February 9th. Wall Street Zen lowered shares of Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Finally, Stifel Nicolaus set a $200.00 price target on shares of Philip Morris International in a research note 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’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $196.83.

Check Out Our Latest Stock Analysis on Philip Morris International

Philip Morris International Stock Up 0.2%

Shares of Philip Morris International stock opened at $157.71 on Friday. The stock’s fifty day moving average is $175.92 and its two-hundred day moving average is $164.09. The company has a market capitalization of $245.79 billion, a PE ratio of 21.69, a price-to-earnings-growth ratio of 1.79 and a beta of 0.43. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $191.30.

Philip Morris International (NYSE:PMGet Free Report) last released its earnings results on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, hitting the consensus estimate of $1.70. The business had revenue of $10.36 billion during the quarter, compared to the consensus estimate of $10.40 billion. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period last year, the company 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. As a group, research analysts anticipate that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Announces Dividend

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

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

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

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