Ervin Investment Management LLC Has $454,000 Holdings in Philip Morris International Inc. $PM

Ervin Investment Management LLC trimmed its holdings in Philip Morris International Inc. (NYSE:PM) by 60.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,831 shares of the company’s stock after selling 4,413 shares during the period. Philip Morris International accounts for 0.2% of Ervin Investment Management LLC’s holdings, making the stock its 27th largest position. Ervin Investment Management LLC’s holdings in Philip Morris International were worth $454,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC raised its position in Philip Morris International by 31.1% during the fourth quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock valued at $1,027,000 after purchasing an additional 2,023 shares in the last quarter. Revolve Wealth Partners LLC raised its position in Philip Morris International by 4.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock valued at $252,000 after purchasing an additional 91 shares in the last quarter. Sivia Capital Partners LLC raised its position in Philip Morris International by 53.7% during the second quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company’s stock valued at $1,027,000 after purchasing an additional 1,970 shares in the last quarter. Jump Financial LLC acquired a new position in Philip Morris International during the second quarter valued at approximately $2,454,000. Finally, Baker Avenue Asset Management LP raised its position in Philip Morris International by 11.0% during the second quarter. Baker Avenue Asset Management LP now owns 2,196 shares of the company’s stock valued at $400,000 after purchasing an additional 217 shares in the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Stock Down 1.8%

NYSE PM opened at $157.38 on Wednesday. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $191.30. The company has a market cap of $245.29 billion, a price-to-earnings ratio of 21.65, a price-to-earnings-growth ratio of 1.80 and a beta of 0.43. The business’s fifty day moving average is $174.86 and its 200 day moving average is $164.01.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, hitting the consensus estimate of $1.70. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The company had revenue of $10.36 billion for the quarter, compared to analysts’ expectations of $10.40 billion. During the same quarter in the previous year, the firm posted $1.55 earnings per share. Philip Morris International’s revenue for the quarter 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. On average, research analysts anticipate that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

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

Insider Buying and Selling at Philip Morris International

In related news, 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 value of $14,574,400.00. Following the sale, the chief executive officer owned 632,344 shares of the company’s stock, valued at $115,200,429.92. The trade was a 11.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Emmanuel Babeau sold 33,800 shares of the business’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 completion of the sale, the chief financial officer directly owned 164,463 shares in the company, valued at approximately $29,868,125.43. This represents a 17.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on PM shares. Needham & Company LLC boosted their price objective on shares of Philip Morris International from $190.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Morgan Stanley reaffirmed an “overweight” rating and set a $205.00 target price on shares of Philip Morris International in a research note on Monday, February 9th. UBS Group reiterated a “neutral” rating and set a $181.50 price target on shares of Philip Morris International in a report on Monday, February 9th. Citigroup raised their price objective on Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Finally, Wall Street Zen downgraded Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $196.83.

About Philip Morris International

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.