Income Insurance Ltd Makes New Investment in Philip Morris International Inc. $PM

Income Insurance Ltd acquired a new position in Philip Morris International Inc. (NYSE:PM) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 4,673 shares of the company’s stock, valued at approximately $750,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Tranquility Partners LLC increased its stake in shares of Philip Morris International by 2.4% during the fourth quarter. Tranquility Partners LLC now owns 2,489 shares of the company’s stock valued at $399,000 after purchasing an additional 59 shares in the last quarter. Stonebridge Financial Group LLC grew its stake in shares of Philip Morris International by 2.2% in the 4th quarter. Stonebridge Financial Group LLC now owns 2,763 shares of the company’s stock worth $443,000 after buying an additional 60 shares during the last quarter. Capital Advisors Wealth Management LLC increased its position in Philip Morris International by 1.8% during the 4th quarter. Capital Advisors Wealth Management LLC now owns 3,372 shares of the company’s stock valued at $541,000 after buying an additional 61 shares in the last quarter. Townsend Asset Management Corp NC ADV increased its position in Philip Morris International by 2.4% during the 4th quarter. Townsend Asset Management Corp NC ADV now owns 2,662 shares of the company’s stock valued at $427,000 after buying an additional 62 shares in the last quarter. Finally, Galvin Gaustad & Stein LLC increased its position in Philip Morris International by 0.7% during the 4th quarter. Galvin Gaustad & Stein LLC now owns 9,249 shares of the company’s stock valued at $1,484,000 after buying an additional 63 shares in the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Wall Street Analyst Weigh In

PM has been the subject of a number of analyst reports. Stifel Nicolaus reduced their price objective on Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Jefferies Financial Group lowered Philip Morris International from a “buy” rating to a “hold” rating and reduced their price objective for the company from $220.00 to $180.00 in a research report on Tuesday, January 20th. Needham & Company LLC reaffirmed a “buy” rating and set a $200.00 price objective on shares of Philip Morris International in a research report on Thursday, April 23rd. Morgan Stanley reduced their price objective on Philip Morris International from $205.00 to $190.00 and set an “overweight” rating for the company in a research report on Friday, April 17th. Finally, UBS Group reduced their price objective on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Philip Morris International currently has an average rating of “Moderate Buy” and an average price target of $192.56.

Insider Activity at Philip Morris International

In related news, CFO Emmanuel Babeau sold 33,800 shares of the stock in a transaction that occurred 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. This represents a 17.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jacek Olczak sold 80,000 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer owned 632,344 shares in the company, valued at approximately $115,200,429.92. This trade represents a 11.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.13% of the company’s stock.

Philip Morris International Stock Performance

Shares of NYSE PM opened at $170.88 on Friday. The firm’s 50 day moving average price is $166.69 and its 200-day moving average price is $164.47. The company has a market cap of $266.32 billion, a PE ratio of 24.03, a P/E/G ratio of 1.97 and a beta of 0.37. 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 earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.13. The firm had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The business’s revenue was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.69 earnings per share. Philip Morris International has set its FY 2026 guidance at 8.360-8.510 EPS and its Q2 2026 guidance at 2.020-2.070 EPS. On average, analysts forecast that Philip Morris International Inc. will post 8.45 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 13th. Stockholders of record on Thursday, March 19th were paid a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Thursday, March 19th. Philip Morris International’s dividend payout ratio is currently 82.70%.

Philip Morris International 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.