Empirical Financial Services LLC d.b.a. Empirical Wealth Management Sells 17,878 Shares of Philip Morris International Inc. $PM

Empirical Financial Services LLC d.b.a. Empirical Wealth Management cut its holdings in Philip Morris International Inc. (NYSE:PM) by 16.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 90,156 shares of the company’s stock after selling 17,878 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Philip Morris International were worth $14,623,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of PM. Legacy Investment Solutions LLC acquired a new position in shares of Philip Morris International during the 2nd quarter valued at $25,000. Traub Capital Management LLC bought a new stake in Philip Morris International in the second quarter valued at $25,000. Marquette Asset Management LLC increased its stake 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 purchasing an additional 151 shares in the last quarter. Estabrook Capital Management acquired a new position in shares of Philip Morris International during the second quarter valued at about $30,000. Finally, Anfield Capital Management LLC raised its holdings in shares of Philip Morris International by 185.5% during the second quarter. Anfield Capital Management LLC now owns 197 shares of the company’s stock valued at $36,000 after purchasing an additional 128 shares during the period. Institutional investors and hedge funds own 78.63% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Barclays reduced their target price on Philip Morris International from $220.00 to $180.00 and set an “overweight” rating for the company in a research note on Monday, November 17th. Citigroup increased their price target on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a report on Thursday, January 22nd. Morgan Stanley reaffirmed an “overweight” rating and set a $205.00 target price on shares of Philip Morris International in a research report on Monday, February 9th. Finally, Stifel Nicolaus set a $200.00 target price on Philip Morris International in a report on Monday, February 9th. Eleven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Philip Morris International has an average rating of “Moderate Buy” and an average price target of $194.06.

Philip Morris International Trading Down 0.1%

PM stock opened at $183.35 on Friday. The stock has a market cap of $285.41 billion, a P/E ratio of 25.22, a P/E/G ratio of 2.09 and a beta of 0.39. The stock’s fifty day simple moving average is $170.72 and its two-hundred day simple moving average is $163.09. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $190.98.

Philip Morris International (NYSE:PM) last released its earnings results on Friday, February 6th. The company reported $1.70 EPS for the quarter, hitting analysts’ consensus estimates of $1.70. The company had revenue of $10.36 billion for the quarter, compared to analysts’ expectations of $10.40 billion. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.55 EPS. 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, 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. Stockholders of record on Friday, December 26th were paid a dividend of $1.47 per share. The ex-dividend date was Friday, December 26th. This represents a $5.88 annualized dividend and a dividend yield of 3.2%. Philip Morris International’s dividend payout ratio (DPR) is presently 80.88%.

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.