Stock Yards Bank & Trust Co. Increases Holdings in Philip Morris International Inc. $PM

Stock Yards Bank & Trust Co. grew its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 38.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 147,787 shares of the company’s stock after purchasing an additional 41,005 shares during the quarter. Stock Yards Bank & Trust Co.’s holdings in Philip Morris International were worth $23,705,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in PM. Marquette Asset Management LLC increased its holdings in Philip Morris International by 1,677.8% in the 3rd quarter. Marquette Asset Management LLC now owns 160 shares of the company’s stock worth $26,000 after acquiring an additional 151 shares during the last quarter. Dogwood Wealth Management LLC increased its holdings in Philip Morris International by 96.5% in the 3rd 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. Measured Wealth Private Client Group LLC purchased a new stake in Philip Morris International in the 3rd quarter worth about $32,000. McIlrath & Eck LLC purchased a new stake in Philip Morris International in the 2nd quarter worth about $36,000. Finally, FNY Investment Advisers LLC purchased a new stake in Philip Morris International in the 3rd quarter worth about $33,000. 78.63% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on PM. Stifel Nicolaus set a $200.00 price objective on Philip Morris International in a report on Monday, February 9th. Citigroup lifted their price objective on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Barclays reissued an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. Jefferies Financial Group lowered Philip Morris International from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $220.00 to $180.00 in a report on Tuesday, January 20th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $205.00 target price on shares of Philip Morris International in a report on Monday, February 9th. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $196.83.

Philip Morris International Stock Up 1.3%

PM stock opened at $160.14 on Tuesday. The firm has a market capitalization of $249.58 billion, a PE ratio of 22.03, a PEG ratio of 1.80 and a beta of 0.43. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $191.30. The stock has a 50-day simple moving average of $175.30 and a two-hundred day simple moving average of $164.05.

Philip Morris International (NYSE:PM) last posted its earnings results on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, meeting analysts’ consensus estimates 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 quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. On average, equities 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 declared a quarterly dividend, which will be paid on Monday, April 13th. Stockholders of record on Thursday, March 19th will be given a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Thursday, March 19th. Philip Morris International’s dividend payout ratio (DPR) is 80.88%.

Insider Transactions at Philip Morris International

In other news, CFO Emmanuel Babeau sold 33,800 shares of Philip Morris International stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $181.61, for a total transaction of $6,138,418.00. Following the completion of the sale, the chief financial officer owned 164,463 shares in the company, valued at approximately $29,868,125.43. This trade represents a 17.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Jacek Olczak sold 80,000 shares of Philip Morris International 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 sale, the chief executive officer owned 632,344 shares of the company’s stock, valued at approximately $115,200,429.92. This trade represents a 11.23% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.13% of the company’s stock.

About Philip Morris International

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.