FNY Investment Advisers LLC increased its position in Philip Morris International Inc. (NYSE:PM – Free Report) by 13,265.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,400 shares of the company’s stock after purchasing an additional 27,195 shares during the quarter. Philip Morris International makes up 1.3% of FNY Investment Advisers LLC’s portfolio, making the stock its 12th biggest position. FNY Investment Advisers LLC’s holdings in Philip Morris International were worth $4,394,000 at the end of the most recent reporting period.
Other large investors also recently added to or reduced their stakes in the company. Marquette Asset Management LLC lifted its holdings in 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 buying an additional 151 shares during the period. Dogwood Wealth Management LLC grew its holdings in Philip Morris International by 96.5% during the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after acquiring an additional 82 shares during the period. Measured Wealth Private Client Group LLC bought a new stake in shares of Philip Morris International during the 3rd quarter valued at $32,000. McIlrath & Eck LLC acquired a new position in shares of Philip Morris International in the 2nd quarter valued at $36,000. Finally, Total Investment Management Inc. acquired a new position in shares of Philip Morris International in the 2nd quarter valued at $39,000. 78.63% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
PM has been the subject of a number of analyst reports. Morgan Stanley reaffirmed an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a research note on Monday, February 9th. UBS Group reissued a “neutral” rating and issued a $181.50 target price on shares of Philip Morris International in a research note on Monday, February 9th. Wall Street Zen lowered Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Jefferies Financial Group cut Philip Morris International from a “buy” rating to a “hold” rating and lowered their price target for the company from $220.00 to $180.00 in a research note on Tuesday, January 20th. Finally, Stifel Nicolaus set a $200.00 price target 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 assigned a Hold rating to the stock. According to data from MarketBeat.com, the company 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, 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 transaction of $14,574,400.00. Following the completion of the sale, the chief executive officer owned 632,344 shares of the company’s stock, valued at $115,200,429.92. This represents a 11.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Emmanuel Babeau sold 33,800 shares of the firm’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 sale, 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 disclosure for this sale is available in the SEC filing. 0.13% of the stock is owned by corporate insiders.
Philip Morris International Trading Up 0.2%
NYSE:PM opened at $157.71 on Friday. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $191.30. The stock has a market cap of $245.79 billion, a price-to-earnings ratio of 21.69, a PEG ratio of 1.79 and a beta of 0.43. The stock has a 50-day moving average price of $175.92 and a two-hundred day moving average price of $164.09.
Philip Morris International (NYSE:PM – Get Free Report) last released its quarterly earnings results on Friday, February 6th. The company reported $1.70 EPS for the quarter, hitting analysts’ consensus estimates of $1.70. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The company had revenue of $10.36 billion for the quarter, compared to analyst estimates of $10.40 billion. During the same quarter last year, the firm posted $1.55 earnings per share. Philip Morris International’s revenue was up 6.8% compared to the same quarter last year. 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. Sell-side analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current year.
Philip Morris International Dividend Announcement
The business 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 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Thursday, March 19th. Philip Morris International’s dividend payout ratio is 80.88%.
Philip Morris International Company 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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