Diversify Advisory Services LLC grew its position in shares of Philip Morris International Inc. (NYSE:PM – Free Report) by 10.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 41,089 shares of the company’s stock after purchasing an additional 3,850 shares during the period. Diversify Advisory Services LLC’s holdings in Philip Morris International were worth $6,665,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Legacy Investment Solutions LLC purchased a new stake in Philip Morris International during the 2nd quarter worth $25,000. Traub Capital Management LLC purchased a new position in Philip Morris International in the 2nd quarter valued at about $25,000. Marquette Asset Management LLC grew its stake in shares of Philip Morris International by 1,677.8% during 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 in the last quarter. Dogwood Wealth Management LLC increased its position in shares of Philip Morris International by 96.5% during the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after acquiring an additional 82 shares during the last quarter. Finally, Estabrook Capital Management purchased a new stake in shares of Philip Morris International during the second quarter worth about $30,000. 78.63% of the stock is owned by institutional investors and hedge funds.
Philip Morris International Stock Performance
NYSE:PM opened at $169.91 on Monday. The company has a market capitalization of $264.50 billion, a price-to-earnings ratio of 23.37, a price-to-earnings-growth ratio of 1.94 and a beta of 0.38. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $191.30. The stock has a 50-day simple moving average of $175.14 and a 200 day simple moving average of $164.02.
Philip Morris International Announces Dividend
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 paid a dividend of $1.47 per share. The ex-dividend date is Thursday, March 19th. This represents a $5.88 annualized dividend and a yield of 3.5%. Philip Morris International’s dividend payout ratio (DPR) is 80.88%.
Philip Morris International News Roundup
Here are the key news stories impacting Philip Morris International this week:
- Positive Sentiment: Board declared a $1.47 quarterly dividend, payable Apr 13; that supports the stock’s income thesis and steady yield profile for dividend investors. Philip Morris International Declares Regular Quarterly Dividend of $1.47 Per Share
- Positive Sentiment: Several bullish analyses highlight PM’s cash flow, margins and smoke‑free growth as reasons it can still be a growth+income holding — supporting demand from long‑term investors. Looking for a Growth Stock? 3 Reasons Why Philip Morris (PM) is a Solid Choice
- Neutral Sentiment: Commentary asks whether the recent pullback is a buying opportunity given PM’s low‑debt structure and steady cash generation — views differ, so this keeps trading volume and sentiment mixed. Is PM Stock’s Recent Slide A Start Of A Deeper Dive?
- Neutral Sentiment: Industry pieces on “sin stocks” and community PR (donation tied to smoke‑free narrative) reinforce PM’s resilient cashflow story but have limited immediate price impact. Sin Stock Investing: Are There Opportunities Beyond Ethical Debate?
- Neutral Sentiment: Analysts and retail pieces are debating whether the dividend announcement resets the buy case — useful for income buyers but not decisive for momentum traders. Is Philip Morris International Still a Buy After Recent Dividend Announcement?
- Negative Sentiment: Coverage flagged a price dip that “tests investor confidence” in PM’s dividend growth story — signaling some investors are skeptical about sustainability if operational/headline risks persist. Philip Morris Dip Tests Investor Confidence in Its Dividend Growth Story
- Negative Sentiment: Coverage pointed to a notable pullback tied to an earnings miss narrative and concerns around “delisting debt,” which has pressured shares and added short‑term selling risk. Why Philip Morris International (PM) Is Down 5.7% After Earnings Miss And Delisting Debt – And What’s Next
- Negative Sentiment: Valuation cautions (some analysts argue the stock is fully valued on its dividend) limit upside expectations and could cap investor enthusiasm absent stronger operational beats. Philip Morris: The Stock Appears Fully Valued Based On Its Dividends
Insiders Place Their Bets
In other news, CEO Jacek Olczak sold 80,000 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer directly owned 632,344 shares in the company, valued at approximately $115,200,429.92. This trade represents a 11.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Emmanuel Babeau sold 33,800 shares of Philip Morris International stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $181.61, for a total transaction of $6,138,418.00. Following the completion of the transaction, the chief financial officer directly owned 164,463 shares of the company’s stock, valued at $29,868,125.43. This trade represents a 17.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.13% of the company’s stock.
Analyst Ratings Changes
PM has been the subject of a number of analyst reports. Stifel Nicolaus set a $200.00 price target on Philip Morris International in a report on Monday, February 9th. Jefferies Financial Group downgraded Philip Morris International from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $220.00 to $180.00 in a report on Tuesday, January 20th. UBS Group reiterated a “neutral” rating and set a $181.50 target price on shares of Philip Morris International in a research note on Monday, February 9th. Morgan Stanley reissued an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a research report on Monday, February 9th. Finally, Needham & Company LLC lifted their price target on shares of Philip Morris International from $190.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Eleven 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 price target of $196.83.
Check Out Our Latest Stock Analysis on Philip Morris International
Philip Morris International 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.
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