3,574 Shares in Philip Morris International Inc. $PM Purchased by Rayburn West Financial Services LLC

Rayburn West Financial Services LLC purchased a new position in Philip Morris International Inc. (NYSE:PM) in the fourth quarter, HoldingsChannel reports. The fund purchased 3,574 shares of the company’s stock, valued at approximately $573,000.

Several other institutional investors also recently modified their holdings of PM. Dogwood Wealth Management LLC increased its stake in shares of 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 in the last quarter. Richards Merrill & Peterson Inc. bought a new position in shares of Philip Morris International in the 4th quarter worth about $28,000. Measured Wealth Private Client Group LLC bought a new position in shares of Philip Morris International in the 3rd quarter worth about $32,000. FNY Investment Advisers LLC bought a new position in shares of Philip Morris International in the 3rd quarter worth about $33,000. Finally, Legacy Bridge LLC bought a new position in shares of Philip Morris International in the 4th quarter worth about $35,000. 78.63% of the stock is currently owned by institutional investors.

Insider Transactions at Philip Morris International

In other news, CEO Jacek Olczak sold 80,000 shares of the firm’s stock in a transaction dated 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 sale, the chief executive officer owned 632,344 shares of the company’s stock, valued at $115,200,429.92. This trade represents a 11.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Emmanuel Babeau sold 33,800 shares of the firm’s stock in a transaction dated 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 sale, the chief financial officer directly owned 164,463 shares in the company, valued at approximately $29,868,125.43. The trade was a 17.05% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.13% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on PM. Citigroup increased their price target on shares of Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Barclays reiterated an “overweight” rating and issued a $205.00 price target on shares of Philip Morris International in a research note on Monday, February 23rd. Jefferies Financial Group lowered shares of Philip Morris International from a “buy” rating to a “hold” rating and decreased their price target for the stock from $220.00 to $180.00 in a research note on Tuesday, January 20th. Stifel Nicolaus decreased their price target on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research note on Friday, April 10th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $200.00 price target on shares of Philip Morris International in a research note on Thursday, April 23rd. Ten equities research 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 company currently has an average rating of “Moderate Buy” and an average price target of $192.56.

Philip Morris International Stock Performance

NYSE:PM opened at $187.78 on Thursday. The firm has a market cap of $292.66 billion, a P/E ratio of 26.41, a P/E/G ratio of 2.15 and a beta of 0.37. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $191.30. The firm has a 50-day simple moving average of $166.29 and a two-hundred day simple moving average of $165.20.

Philip Morris International (NYSE:PM) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. The business had revenue of $10.15 billion during the quarter, compared to analyst estimates of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. Philip Morris International’s revenue was up 9.1% compared to the same quarter last year. During the same period last year, the business earned $1.69 EPS. 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, equities research analysts predict that Philip Morris International Inc. will post 8.45 EPS for the current year.

Philip Morris International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 13th. Stockholders of record on Thursday, March 19th were issued a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Thursday, March 19th. Philip Morris International’s dividend payout ratio (DPR) is presently 82.70%.

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.