CSM Advisors LLC Decreases Stock Position in Philip Morris International Inc. $PM

CSM Advisors LLC trimmed its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 46.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 13,224 shares of the company’s stock after selling 11,490 shares during the quarter. CSM Advisors LLC’s holdings in Philip Morris International were worth $2,144,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of PM. Capital Research Global Investors lifted its stake in Philip Morris International by 7.2% during the 3rd quarter. Capital Research Global Investors now owns 43,546,533 shares of the company’s stock valued at $7,063,263,000 after acquiring an additional 2,911,835 shares during the period. Capital World Investors grew its stake in shares of Philip Morris International by 2.2% in the third quarter. Capital World Investors now owns 128,776,327 shares of the company’s stock worth $20,887,743,000 after acquiring an additional 2,714,674 shares during the period. Vanguard Group Inc. raised its holdings in shares of Philip Morris International by 1.6% during the second quarter. Vanguard Group Inc. now owns 142,857,055 shares of the company’s stock valued at $26,018,555,000 after purchasing an additional 2,235,380 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its holdings in shares of Philip Morris International by 69.0% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 4,512,311 shares of the company’s stock valued at $821,826,000 after purchasing an additional 1,842,754 shares during the last quarter. Finally, Prudential Financial Inc. lifted its position in Philip Morris International by 88.9% during the second quarter. Prudential Financial Inc. now owns 2,138,118 shares of the company’s stock valued at $389,415,000 after purchasing an additional 1,006,014 shares during the period. Institutional investors own 78.63% of the company’s stock.

Analysts Set New Price Targets

PM has been the subject of a number of research analyst reports. Wall Street Zen downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Jefferies Financial Group cut Philip Morris International from a “buy” rating to a “hold” rating and lowered their price target for the company from $220.00 to $180.00 in a report on Tuesday, January 20th. Citigroup lifted their price objective on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research report on Thursday, January 22nd. Finally, Morgan Stanley reissued an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a report on Monday, February 9th. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $196.83.

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 stock was sold at an average price of $182.18, for a total value of $14,574,400.00. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Emmanuel Babeau sold 33,800 shares of Philip Morris International stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $181.61, for a total value of $6,138,418.00. Following the transaction, 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 disclosure for this sale is available in the SEC filing. Corporate insiders own 0.13% of the company’s stock.

Philip Morris International Trading Up 0.0%

PM opened at $174.74 on Tuesday. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $191.30. The company has a market capitalization of $272.01 billion, a PE ratio of 24.04, a PEG ratio of 1.99 and a beta of 0.38. The firm’s 50 day simple moving average is $176.53 and its two-hundred day simple moving average is $164.19.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.70. The firm had revenue of $10.36 billion during the quarter, compared to the consensus estimate of $10.40 billion. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. 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. Equities analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, April 13th. Shareholders of record on Thursday, March 19th will be given a $1.47 dividend. The ex-dividend date is Thursday, March 19th. This represents a $5.88 dividend on an annualized basis and a yield of 3.4%. Philip Morris International’s dividend payout ratio is presently 80.88%.

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.