Tounjian Advisory Partners LLC Sells 5,020 Shares of Philip Morris International Inc. $PM

Tounjian Advisory Partners LLC lowered its holdings in shares of Philip Morris International Inc. (NYSE:PMFree Report) by 38.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,966 shares of the company’s stock after selling 5,020 shares during the quarter. Tounjian Advisory Partners LLC’s holdings in Philip Morris International were worth $1,292,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Legacy Investment Solutions LLC bought a new stake in Philip Morris International during the 2nd quarter valued at $25,000. Traub Capital Management LLC purchased a new position in shares of Philip Morris International during the second quarter valued at $25,000. Marquette Asset Management LLC raised its holdings in shares of 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 in the last quarter. Dogwood Wealth Management LLC lifted its stake in Philip Morris International by 96.5% in 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 period. Finally, Estabrook Capital Management purchased a new stake in Philip Morris International in the second quarter worth about $30,000. 78.63% of the stock is currently owned by institutional investors.

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Philip Morris International Trading Down 0.5%

NYSE:PM opened at $186.55 on Friday. The company has a market capitalization of $290.40 billion, a P/E ratio of 25.66, a PEG ratio of 2.14 and a beta of 0.39. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $191.30. The firm has a fifty day simple moving average of $173.71 and a 200-day simple moving average of $163.78.

Philip Morris International (NYSE:PMGet Free Report) last issued its earnings results on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.70. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The company had revenue of $10.36 billion during the quarter, compared to analyst estimates of $10.40 billion. During the same quarter last year, the business posted $1.55 EPS. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. 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 forecast that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Friday, December 26th were issued a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, December 26th. Philip Morris International’s dividend payout ratio is 80.88%.

Insiders Place Their Bets

In other news, CEO Jacek Olczak sold 80,000 shares of the company’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 $115,200,429.92. This represents a 11.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Emmanuel Babeau sold 33,800 shares of Philip Morris International stock in a transaction that occurred on Thursday, February 19th. The shares were 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 represents a 17.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.13% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have commented on the stock. 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 report on Tuesday, January 20th. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research report on Thursday, January 22nd. Stifel Nicolaus set a $200.00 price objective on Philip Morris International in a research report on Monday, February 9th. Needham & Company LLC boosted 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. Finally, UBS Group restated a “neutral” rating and issued a $181.50 target price on shares of 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 issued a Hold rating to the company’s stock. Based on data from MarketBeat, Philip Morris International has an average rating of “Moderate Buy” and a consensus price target of $196.83.

View Our Latest Report on PM

Philip Morris International 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.

See Also

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

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