Philip Morris International Inc. $PM Shares Sold by Factory Mutual Insurance Co.

Factory Mutual Insurance Co. decreased its position in shares of Philip Morris International Inc. (NYSE:PM) by 9.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 380,806 shares of the company’s stock after selling 40,000 shares during the period. Factory Mutual Insurance Co.’s holdings in Philip Morris International were worth $61,767,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC purchased a new position in Philip Morris International in the second quarter valued at about $25,000. Traub Capital Management LLC acquired a new position in shares of Philip Morris International in the 2nd quarter valued at approximately $25,000. Marquette Asset Management LLC boosted its stake in shares of Philip Morris International by 1,677.8% during the 3rd 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 last quarter. Briaud Financial Planning Inc boosted its stake in shares of Philip Morris International by 266.7% during the 2nd quarter. Briaud Financial Planning Inc now owns 165 shares of the company’s stock valued at $30,000 after buying an additional 120 shares during the last quarter. Finally, Estabrook Capital Management acquired a new stake in shares of Philip Morris International during the second quarter worth approximately $30,000. 78.63% of the stock is owned by hedge funds and other institutional investors.

Philip Morris International Trading Up 0.6%

Shares of NYSE PM opened at $183.71 on Friday. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $190.98. The company has a market cap of $285.98 billion, a PE ratio of 25.27, a P/E/G ratio of 2.08 and a beta of 0.39. The stock has a 50 day simple moving average of $170.13 and a 200-day simple moving average of $162.95.

Philip Morris International (NYSE:PM) last announced its 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 the consensus estimate of $10.40 billion. During the same quarter in the previous year, the business earned $1.55 EPS. The firm’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. Sell-side analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Friday, December 26th were given a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Friday, December 26th. Philip Morris International’s payout ratio is 80.88%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on PM shares. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a report on Thursday, January 22nd. Needham & Company LLC increased their price target on Philip Morris International from $190.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Wall Street Zen lowered Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. JPMorgan Chase & Co. lowered their price objective on Philip Morris International from $190.00 to $185.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a research note on Monday, February 9th. Eleven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Philip Morris International presently has an average rating of “Moderate Buy” and a consensus price target of $194.06.

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.