Rep. Julia Letlow Sells Off Shares of Philip Morris International Inc. (NYSE:PM)

Representative Julia Letlow (Republican-Louisiana) recently sold shares of Philip Morris International Inc. (NYSE:PM). In a filing disclosed on March 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Philip Morris International stock on February 5th. The trade occurred in the Representative’s “MERRILL LYNCH INVESTMENT ACCOUNT #025” account.

Representative Julia Letlow also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Travelers Companies (NYSE:TRV) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of BXP (NYSE:BXP) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of HF Sinclair (NYSE:DINO) on 2/20/2026.
• Purchased $1,001 – $15,000 in shares of Vistra (NYSE:VST) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of Public Service Enterprise Group (NYSE:PEG) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of Expand Energy (NASDAQ:EXE) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of Take-Two Interactive Software (NASDAQ:TTWO) on 2/12/2026.
• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 2/12/2026.
• Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 2/12/2026.
• Purchased $1,001 – $15,000 in shares of Regeneron Pharmaceuticals (NASDAQ:REGN) on 2/12/2026.

Philip Morris International Stock Up 0.4%

NYSE:PM opened at $163.95 on Wednesday. The stock has a fifty day simple moving average of $177.12 and a 200 day simple moving average of $164.22. The firm has a market capitalization of $255.22 billion, a price-to-earnings ratio of 22.55, a price-to-earnings-growth ratio of 1.86 and a beta of 0.38. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $191.30.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, hitting 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 company earned $1.55 EPS. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. 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. Equities analysts predict that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, April 13th. Stockholders of record on Thursday, March 19th will be issued a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Thursday, March 19th. Philip Morris International’s dividend payout ratio is currently 80.88%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on PM. JPMorgan Chase & Co. cut their price target on shares of Philip Morris International from $190.00 to $185.00 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. Needham & Company LLC raised their price objective 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. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research report on Thursday, January 22nd. Jefferies Financial Group downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating and cut their target price for the company from $220.00 to $180.00 in a research note on Tuesday, January 20th. Finally, UBS Group restated a “neutral” rating and issued a $181.50 target price on shares of Philip Morris International in a report on Monday, February 9th. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Philip Morris International currently has an average rating of “Moderate Buy” and a consensus price target of $196.83.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. J. Derek Lewis & Associates Inc. bought a new stake in shares of Philip Morris International during the 4th quarter worth $222,000. Rockefeller Capital Management L.P. raised its holdings in Philip Morris International by 16.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 263,899 shares of the company’s stock worth $42,332,000 after acquiring an additional 37,279 shares during the period. Fund Advisors of America Inc FL acquired a new position in Philip Morris International during the 4th quarter worth $993,000. Farmers National Bank lifted its position in Philip Morris International by 1.1% during the 4th quarter. Farmers National Bank now owns 5,205 shares of the company’s stock worth $835,000 after acquiring an additional 59 shares during the last quarter. Finally, Winthrop Partners WNY LLC bought a new stake in Philip Morris International during the fourth quarter valued at about $686,000. Institutional investors own 78.63% of the company’s stock.

Insider Transactions at Philip Morris International

In other Philip Morris International news, CEO Jacek Olczak sold 80,000 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at $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 is available through this link. Also, CFO Emmanuel Babeau sold 33,800 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $181.61, for a total value of $6,138,418.00. Following the transaction, the chief financial officer 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 disclosure for this sale is available in the SEC filing. Insiders own 0.13% of the company’s stock.

About Representative Letlow

Julia Letlow (Republican Party) is a member of the U.S. House, representing Louisiana’s 5th Congressional District. She assumed office on April 14, 2021. Her current term ends on January 3, 2027.

Letlow (Republican Party) is running for re-election to the U.S. House to represent Louisiana’s 5th Congressional District. She declared candidacy for the primary scheduled on November 3, 2026.

Julia Letlow earned a doctorate. Letlow’s career experience includes working as a senior administrator with the University of Louisiana at Monroe.

Philip Morris International Company 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.