Philip Morris International Inc. $PM Shares Sold by Independent Franchise Partners LLP

Independent Franchise Partners LLP trimmed its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 1.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,775,512 shares of the company’s stock after selling 39,383 shares during the quarter. Philip Morris International accounts for about 4.0% of Independent Franchise Partners LLP’s portfolio, making the stock its 14th largest position. Independent Franchise Partners LLP’s holdings in Philip Morris International were worth $612,388,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in PM. Vanguard Group Inc. raised its stake in Philip Morris International by 0.4% in the third quarter. Vanguard Group Inc. now owns 143,468,448 shares of the company’s stock valued at $23,270,582,000 after buying an additional 611,393 shares during the last quarter. Capital World Investors grew its stake in shares of Philip Morris International by 2.2% during the third quarter. Capital World Investors now owns 128,776,327 shares of the company’s stock worth $20,887,743,000 after acquiring an additional 2,714,674 shares during the last quarter. Capital International Investors increased its holdings in shares of Philip Morris International by 1.0% during the third quarter. Capital International Investors now owns 89,150,871 shares of the company’s stock valued at $14,461,220,000 after acquiring an additional 882,885 shares in the last quarter. State Street Corp increased its holdings in shares of Philip Morris International by 1.6% during the second quarter. State Street Corp now owns 55,831,655 shares of the company’s stock valued at $10,243,429,000 after acquiring an additional 871,165 shares in the last quarter. Finally, Capital Research Global Investors raised its position in shares of Philip Morris International by 7.2% in the 3rd quarter. Capital Research Global Investors now owns 43,546,533 shares of the company’s stock valued at $7,063,263,000 after purchasing an additional 2,911,835 shares during the last quarter. 78.63% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Philip Morris International

In other Philip Morris International news, CEO Jacek Olczak sold 80,000 shares of the company’s stock in a transaction on 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 sale, the chief executive officer directly owned 632,344 shares of the company’s stock, valued at approximately $115,200,429.92. This represents a 11.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Emmanuel Babeau sold 33,800 shares of the stock in a transaction dated 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 sale, the chief financial officer directly owned 164,463 shares in the company, valued at $29,868,125.43. This represents a 17.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.13% of the company’s stock.

Philip Morris International Stock Up 1.5%

Philip Morris International stock opened at $174.52 on Friday. The stock has a 50-day moving average price of $176.24 and a 200 day moving average price of $164.14. The company has a market capitalization of $271.67 billion, a price-to-earnings ratio of 24.00, a price-to-earnings-growth ratio of 1.96 and a beta of 0.38. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $191.30.

Philip Morris International (NYSE:PM) last issued its quarterly earnings results on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, hitting the consensus estimate of $1.70. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The company had revenue of $10.36 billion for the quarter, compared to the consensus estimate of $10.40 billion. During the same quarter in the prior year, the company earned $1.55 EPS. Philip Morris International’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. Research analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 13th. Stockholders of record on Thursday, March 19th will be paid a $1.47 dividend. The ex-dividend date is Thursday, March 19th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.4%. Philip Morris International’s dividend payout ratio is presently 80.88%.

Analyst Ratings Changes

A number of analysts recently commented on the stock. JPMorgan Chase & Co. lowered their target price on shares of Philip Morris International from $190.00 to $185.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. Morgan Stanley restated an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a research note on Monday, February 9th. Citigroup raised their price target on shares of Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Needham & Company LLC lifted 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 reissued a “neutral” rating and set a $181.50 price objective on shares of Philip Morris International in a report on Monday, February 9th. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $196.83.

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.