Florida Trust Wealth Management Co Grows Holdings in Philip Morris International Inc. $PM

Florida Trust Wealth Management Co lifted its position in Philip Morris International Inc. (NYSE:PM) by 14.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,193 shares of the company’s stock after purchasing an additional 3,445 shares during the period. Florida Trust Wealth Management Co’s holdings in Philip Morris International were worth $4,362,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of PM. Second Line Capital LLC increased its holdings in Philip Morris International by 4.8% in the 2nd quarter. Second Line Capital LLC now owns 1,338 shares of the company’s stock valued at $245,000 after acquiring an additional 61 shares during the last quarter. Nia Impact Advisors LLC boosted its holdings in shares of Philip Morris International by 4.2% during the 2nd quarter. Nia Impact Advisors LLC now owns 1,577 shares of the company’s stock valued at $287,000 after purchasing an additional 63 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management boosted its holdings in shares of Philip Morris International by 3.7% during the 2nd quarter. Gerber Kawasaki Wealth & Investment Management now owns 1,811 shares of the company’s stock valued at $330,000 after purchasing an additional 64 shares during the last quarter. ARS Wealth Advisors Group LLC grew its position in shares of Philip Morris International by 2.5% during the fourth quarter. ARS Wealth Advisors Group LLC now owns 2,644 shares of the company’s stock valued at $424,000 after purchasing an additional 64 shares in the last quarter. Finally, Genesis Private Wealth LLC grew its position in shares of Philip Morris International by 1.7% during the third quarter. Genesis Private Wealth LLC now owns 3,987 shares of the company’s stock valued at $647,000 after purchasing an additional 66 shares in the last quarter. 78.63% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Philip Morris International news, CFO Emmanuel Babeau sold 33,800 shares of the business’s stock in a transaction on 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 transaction, the chief financial officer owned 164,463 shares in the company, valued at $29,868,125.43. The trade was a 17.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Jacek Olczak sold 80,000 shares of the stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $182.18, for a total transaction of $14,574,400.00. Following the completion of the sale, the chief executive officer directly owned 632,344 shares in the company, valued at approximately $115,200,429.92. This represents a 11.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Morgan Stanley restated an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a report on Monday, February 9th. Needham & Company LLC increased their target price on Philip Morris International from $190.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Wall Street Zen lowered shares of Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research report on Thursday, January 22nd. Finally, Jefferies Financial Group lowered shares of Philip Morris International from a “buy” rating to a “hold” rating and lowered their price objective for the company from $220.00 to $180.00 in a research report on Tuesday, January 20th. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Philip Morris International currently has a consensus rating of “Moderate Buy” and a consensus price target of $196.83.

Philip Morris International Price Performance

Shares of PM stock opened at $157.71 on Monday. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $191.30. The stock’s 50 day simple moving average is $175.61 and its two-hundred day simple moving average is $164.06. The company has a market cap of $245.79 billion, a PE ratio of 21.69, a price-to-earnings-growth ratio of 1.80 and a beta of 0.43.

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, meeting the consensus estimate of $1.70. The business had revenue of $10.36 billion during the quarter, compared to analyst estimates of $10.40 billion. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The company’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period last year, the company earned $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. Equities research analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 13th. Shareholders of record on Thursday, March 19th will be paid a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Thursday, March 19th. Philip Morris International’s payout ratio is presently 80.88%.

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.