Blair William & Co. IL Has $45.02 Million Holdings in Philip Morris International Inc. $PM

Blair William & Co. IL increased its position in shares of Philip Morris International Inc. (NYSE:PMFree Report) by 50.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 277,560 shares of the company’s stock after purchasing an additional 92,856 shares during the quarter. Blair William & Co. IL’s holdings in Philip Morris International were worth $45,020,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Legacy Investment Solutions LLC acquired a new position in shares of Philip Morris International in the 2nd quarter valued at approximately $25,000. Traub Capital Management LLC acquired a new stake in shares of Philip Morris International during the 2nd quarter worth approximately $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 acquiring an additional 151 shares during the last quarter. Estabrook Capital Management bought a new position in Philip Morris International in the second quarter valued at approximately $30,000. Finally, Dogwood Wealth Management LLC raised its position in Philip Morris International by 96.5% during the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after purchasing an additional 82 shares in the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.

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Philip Morris International Price Performance

Shares of NYSE:PM opened at $169.91 on Friday. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $191.30. The company has a market cap of $264.50 billion, a price-to-earnings ratio of 23.37, a PEG ratio of 1.94 and a beta of 0.38. The firm has a 50 day simple moving average of $175.14 and a 200 day simple moving average of $164.08.

Philip Morris International (NYSE:PMGet Free Report) last posted its earnings results on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.70. The firm 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 company’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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, analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 13th. Investors of record on Thursday, March 19th will be given a dividend of $1.47 per share. The ex-dividend date is Thursday, March 19th. This represents a $5.88 dividend on an annualized basis and a yield of 3.5%. Philip Morris International’s payout ratio is currently 80.88%.

Insider Transactions at Philip Morris International

In other news, CFO Emmanuel Babeau sold 33,800 shares of Philip Morris International 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 sale, 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 document filed with the SEC, which can be accessed through the SEC website. Also, CEO Jacek Olczak sold 80,000 shares of the business’s 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 sale, the chief executive officer owned 632,344 shares in the company, valued at approximately $115,200,429.92. This trade represents a 11.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.13% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Jefferies Financial Group cut Philip Morris International from a “buy” rating to a “hold” rating and cut their target price for the stock from $220.00 to $180.00 in a research note on Tuesday, January 20th. Wall Street Zen lowered Philip Morris International from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Morgan Stanley reissued an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a report on Monday, February 9th. JPMorgan Chase & Co. dropped their price objective on Philip Morris International from $190.00 to $185.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. Finally, Stifel Nicolaus set a $200.00 price objective on Philip Morris International in a research note on Monday, February 9th. Eleven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $196.83.

Check Out Our Latest Report on Philip Morris International

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.

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

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