Crawford Investment Counsel Inc. Sells 13,812 Shares of Philip Morris International Inc. $PM

Crawford Investment Counsel Inc. decreased its holdings in Philip Morris International Inc. (NYSE:PM) by 1.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 771,572 shares of the company’s stock after selling 13,812 shares during the quarter. Philip Morris International comprises 2.1% of Crawford Investment Counsel Inc.’s investment portfolio, making the stock its 8th largest holding. Crawford Investment Counsel Inc.’s holdings in Philip Morris International were worth $125,149,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Traub Capital Management LLC acquired a new position in Philip Morris International in the second quarter valued at $25,000. Marquette Asset Management LLC boosted its stake in shares of Philip Morris International by 1,677.8% during the third quarter. Marquette Asset Management LLC now owns 160 shares of the company’s stock worth $26,000 after buying an additional 151 shares during the period. Dogwood Wealth Management LLC grew its holdings 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 buying an additional 82 shares during the last quarter. Estabrook Capital Management purchased a new position in shares of Philip Morris International during the second quarter worth about $30,000. Finally, Anfield Capital Management LLC increased its position in Philip Morris International by 185.5% in the 2nd quarter. Anfield Capital Management LLC now owns 197 shares of the company’s stock valued at $36,000 after acquiring an additional 128 shares during the period. 78.63% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have commented on PM. Stifel Nicolaus set a $200.00 price objective on Philip Morris International in a research note on Monday, February 9th. Jefferies Financial Group downgraded Philip Morris International from a “buy” rating to a “hold” rating and lowered their target price for the company from $220.00 to $180.00 in a research note on Tuesday, January 20th. JPMorgan Chase & Co. cut their price target on Philip Morris International from $190.00 to $185.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. Citigroup increased their price target on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Finally, UBS Group reiterated a “neutral” rating and issued a $181.50 price objective on shares of Philip Morris International in a research report on Monday, February 9th. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $196.83.

Insiders Place Their Bets

In other Philip Morris International news, CFO Emmanuel Babeau sold 33,800 shares of the business’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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jacek Olczak sold 80,000 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $182.18, for a total transaction of $14,574,400.00. Following the transaction, the chief executive officer directly owned 632,344 shares in the company, valued at approximately $115,200,429.92. This trade represents a 11.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.13% of the company’s stock.

Philip Morris International Stock Up 1.5%

Shares of NYSE:PM opened at $174.52 on Friday. The company has a market cap of $271.67 billion, a P/E ratio of 24.00, a PEG ratio of 1.99 and a beta of 0.38. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $191.30. The company has a 50-day moving average price of $176.24 and a 200 day moving average price of $164.12.

Philip Morris International (NYSE:PM) last released its earnings results on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.70. The company had revenue of $10.36 billion for the quarter, compared to analysts’ expectations of $10.40 billion. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The firm’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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. Analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 13th. Investors of record on Thursday, March 19th will be issued a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Thursday, March 19th. Philip Morris International’s dividend payout ratio is currently 80.88%.

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.