Newport Trust Company LLC Sells 95,200 Shares of Philip Morris International Inc. $PM

Newport Trust Company LLC lessened its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 19.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 389,878 shares of the company’s stock after selling 95,200 shares during the quarter. Newport Trust Company LLC’s holdings in Philip Morris International were worth $62,536,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Tranquility Partners LLC boosted its position in shares of Philip Morris International by 2.4% during the 4th quarter. Tranquility Partners LLC now owns 2,489 shares of the company’s stock valued at $399,000 after acquiring an additional 59 shares during the last quarter. Stonebridge Financial Group LLC boosted its position in shares of Philip Morris International by 2.2% during the 4th quarter. Stonebridge Financial Group LLC now owns 2,763 shares of the company’s stock valued at $443,000 after acquiring an additional 60 shares during the last quarter. Capital Advisors Wealth Management LLC boosted its position in shares of 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 acquiring an additional 61 shares during the last quarter. Townsend Asset Management Corp NC ADV boosted its position in shares of 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 acquiring an additional 62 shares during the last quarter. Finally, Galvin Gaustad & Stein LLC boosted its position in shares of 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 acquiring an additional 63 shares during the last quarter. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Performance

Shares of PM stock opened at $188.29 on Friday. The firm has a market cap of $293.46 billion, a P/E ratio of 26.48, a P/E/G ratio of 2.17 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 $193.05. The business’s 50 day moving average price is $168.26 and its 200-day moving average price is $166.91.

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

Philip Morris International Announces Dividend

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

Analysts Set New Price Targets

PM has been the subject of a number of research analyst reports. Morgan Stanley dropped their price target 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. Citigroup raised their price objective on Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Barclays reissued an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday. 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 investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $192.56.

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.