Savvy Advisors Inc. Buys 8,802 Shares of Philip Morris International Inc. $PM

Savvy Advisors Inc. increased its stake in Philip Morris International Inc. (NYSE:PMFree Report) by 49.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 26,512 shares of the company’s stock after purchasing an additional 8,802 shares during the quarter. Savvy Advisors Inc.’s holdings in Philip Morris International were worth $4,253,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of PM. Town & Country Bank & Trust CO dba First Bankers Trust CO grew its holdings in Philip Morris International by 2.3% during the fourth quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 41,366 shares of the company’s stock valued at $6,635,000 after purchasing an additional 946 shares during the period. Stratos Investment Management LLC grew its stake in shares of Philip Morris International by 9.9% during the 4th quarter. Stratos Investment Management LLC now owns 8,537 shares of the company’s stock worth $1,369,000 after acquiring an additional 770 shares during the period. Perpetual Ltd increased its holdings in Philip Morris International by 2.2% in the 4th quarter. Perpetual Ltd now owns 1,445,252 shares of the company’s stock worth $231,818,000 after acquiring an additional 31,184 shares during the last quarter. First American Bank purchased a new stake in Philip Morris International in the 4th quarter worth about $1,902,000. Finally, Investment Research & Advisory Group Inc. raised its stake in Philip Morris International by 0.8% in the 4th quarter. Investment Research & Advisory Group Inc. now owns 20,859 shares of the company’s stock valued at $3,349,000 after acquiring an additional 160 shares during the period. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on PM. Wall Street Zen downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. UBS Group reissued a “neutral” rating and issued a $181.50 price target on shares of Philip Morris International in a research report on Monday, February 9th. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research note on Thursday, January 22nd. Barclays reaffirmed an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. Finally, Jefferies Financial Group cut shares of Philip Morris International from a “buy” rating to a “hold” rating and lowered their target price for the company from $220.00 to $180.00 in a report on Tuesday, January 20th. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Philip Morris International has a consensus rating of “Moderate Buy” and a consensus price target of $196.83.

Get Our Latest Analysis on Philip Morris International

Philip Morris International Stock Down 0.2%

Shares of NYSE PM opened at $157.71 on Friday. The company has a market cap of $245.79 billion, a P/E ratio of 21.69, a P/E/G ratio of 1.80 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. The business has a 50-day simple moving average of $175.61 and a two-hundred day simple moving average of $164.07.

Philip Morris International (NYSE:PMGet Free Report) last announced its quarterly earnings results 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 for the quarter, compared to analysts’ expectations of $10.40 billion. During the same period in the prior year, the business posted $1.55 earnings per share. The company’s 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. Equities research analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

The company 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. The ex-dividend date is Thursday, March 19th. This represents a $5.88 annualized dividend and a yield of 3.7%. Philip Morris International’s dividend payout ratio is currently 80.88%.

Insider Activity at Philip Morris International

In other news, CEO Jacek Olczak sold 80,000 shares of the company’s 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 transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Emmanuel Babeau sold 33,800 shares of the stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $181.61, for a total value of $6,138,418.00. Following the completion of the sale, the chief financial officer owned 164,463 shares in the company, valued at $29,868,125.43. This trade represents a 17.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.13% of the company’s stock.

Philip Morris International Company 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.

Further Reading

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

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