Kinsale Capital Group Inc. Acquires 3,849 Shares of Philip Morris International Inc. $PM

Kinsale Capital Group Inc. raised its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 4.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 91,723 shares of the company’s stock after purchasing an additional 3,849 shares during the period. Philip Morris International accounts for approximately 2.4% of Kinsale Capital Group Inc.’s investment portfolio, making the stock its 7th biggest holding. Kinsale Capital Group Inc.’s holdings in Philip Morris International were worth $14,712,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Dogwood Wealth Management LLC increased its position in shares of Philip Morris International by 96.5% during the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after purchasing an additional 82 shares in the last quarter. Richards Merrill & Peterson Inc. acquired a new position in shares of Philip Morris International during the fourth quarter worth $28,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Philip Morris International during the third quarter worth $32,000. FNY Investment Advisers LLC acquired a new position in shares of Philip Morris International during the third quarter worth $33,000. Finally, Legacy Bridge LLC acquired a new position in shares of Philip Morris International during the fourth quarter worth $35,000. 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 company’s stock in a transaction 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 completion of 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 ownership of the stock. The SEC filing for this sale provides additional information. 0.13% of the stock is currently owned by corporate insiders.

Philip Morris International Price Performance

Shares of PM opened at $189.66 on Friday. The firm has a market capitalization of $295.59 billion, a PE ratio of 26.67, a price-to-earnings-growth ratio of 2.18 and a beta of 0.37. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $192.95. The company’s fifty day moving average price is $166.78 and its 200-day moving average price is $165.61.

Philip Morris International (NYSE:PM) last announced 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 firm had revenue of $10.15 billion for 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%. The business’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same period in the previous year, the company earned $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. As a group, research analysts anticipate that Philip Morris International Inc. will post 8.45 EPS for the current fiscal year.

Philip Morris International Announces Dividend

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

Analyst Ratings Changes

A number of equities analysts have recently issued reports on PM shares. Barclays reaffirmed an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a research report on Monday, February 23rd. UBS Group dropped their price objective on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a report on Friday, April 17th. Jefferies Financial Group lowered shares of Philip Morris International from a “buy” rating to a “hold” rating and dropped their price objective for the company from $220.00 to $180.00 in a report on Tuesday, January 20th. Stifel Nicolaus dropped their price objective on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Finally, Needham & Company LLC reissued a “buy” rating and set a $200.00 price objective on shares of Philip Morris International in a report on Thursday, April 23rd. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $192.56.

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.