SteelPeak Wealth LLC Sells 26,069 Shares of Philip Morris International Inc. $PM

SteelPeak Wealth LLC trimmed its position in Philip Morris International Inc. (NYSE:PM) by 76.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,246 shares of the company’s stock after selling 26,069 shares during the quarter. SteelPeak Wealth LLC’s holdings in Philip Morris International were worth $1,335,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of PM. Corient Private Wealth LLC increased its stake in Philip Morris International by 1.2% in the 2nd quarter. Corient Private Wealth LLC now owns 490,590 shares of the company’s stock worth $89,354,000 after acquiring an additional 5,681 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of 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 valued at $84,922,000 after acquiring an additional 51,399 shares in the last quarter. Schroder Investment Management Group boosted its position in shares of Philip Morris International by 10.2% during the 3rd quarter. Schroder Investment Management Group now owns 302,173 shares of the company’s stock valued at $49,251,000 after acquiring an additional 27,979 shares during the last quarter. Trajan Wealth LLC boosted its position in shares of Philip Morris International by 31.2% during the 3rd quarter. Trajan Wealth LLC now owns 132,295 shares of the company’s stock valued at $21,458,000 after acquiring an additional 31,490 shares during the last quarter. Finally, Dynasty Wealth Management LLC grew its holdings 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 worth $4,505,000 after purchasing an additional 9,622 shares in the last quarter. 78.63% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Needham & Company LLC upped their price objective on shares of Philip Morris International from $190.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research note on Thursday, January 22nd. Stifel Nicolaus set a $200.00 price target on shares of Philip Morris International in a report on Monday, February 9th. Jefferies Financial Group cut shares of Philip Morris International from a “buy” rating to a “hold” rating and lowered their price objective for the company from $220.00 to $180.00 in a research report on Tuesday, January 20th. Finally, Barclays reaffirmed an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $196.83.

Insider Buying and Selling at Philip Morris International

In other news, CFO Emmanuel Babeau sold 33,800 shares of the firm’s stock in a transaction dated 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 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jacek Olczak sold 80,000 shares of Philip Morris International stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $182.18, for a total value of $14,574,400.00. Following the completion of the transaction, the chief executive officer owned 632,344 shares in the company, valued at approximately $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. Insiders own 0.13% of the company’s stock.

Philip Morris International Price Performance

NYSE:PM opened at $157.71 on Friday. The company has a market capitalization of $245.79 billion, a price-to-earnings ratio of 21.69, a PEG ratio of 1.80 and a beta of 0.43. The business has a 50 day moving average of $175.61 and a 200 day moving average of $164.07. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $191.30.

Philip Morris International (NYSE:PM) last issued its quarterly earnings results on Friday, February 6th. The company reported $1.70 EPS for the quarter, meeting analysts’ consensus estimates of $1.70. The business had revenue of $10.36 billion for the quarter, compared to analysts’ expectations of $10.40 billion. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the business 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, sell-side analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 13th. Investors of record on Thursday, March 19th will be given 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 (DPR) is presently 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.