Ameritas Advisory Services LLC Acquires 9,501 Shares of Philip Morris International Inc. $PM

Ameritas Advisory Services LLC grew its stake in shares of Philip Morris International Inc. (NYSE:PM) by 123.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,216 shares of the company’s stock after acquiring an additional 9,501 shares during the period. Ameritas Advisory Services LLC’s holdings in Philip Morris International were worth $2,761,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in PM. Liberty Wealth Management LLC raised its stake in shares of Philip Morris International by 6.5% during the 4th quarter. Liberty Wealth Management LLC now owns 2,371 shares of the company’s stock valued at $380,000 after purchasing an additional 144 shares during the period. Atlantic Union Bankshares Corp boosted its stake in Philip Morris International by 1.1% in the 4th quarter. Atlantic Union Bankshares Corp now owns 115,835 shares of the company’s stock worth $18,580,000 after purchasing an additional 1,264 shares during the period. Community Bank N.A. boosted its stake in Philip Morris International by 8.3% in the 4th quarter. Community Bank N.A. now owns 1,883 shares of the company’s stock worth $302,000 after purchasing an additional 144 shares during the period. World Investment Advisors grew its holdings in Philip Morris International by 42.5% during the 4th quarter. World Investment Advisors now owns 115,267 shares of the company’s stock valued at $18,489,000 after buying an additional 34,392 shares in the last quarter. Finally, Seelaus Asset Management LLC grew its holdings in Philip Morris International by 4.7% during the 4th quarter. Seelaus Asset Management LLC now owns 4,376 shares of the company’s stock valued at $702,000 after buying an additional 197 shares in the last quarter. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on PM shares. Morgan Stanley lowered their price target on shares of Philip Morris International from $205.00 to $190.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. Jefferies Financial Group cut shares of Philip Morris International from a “buy” rating to a “hold” rating and reduced their price objective for the company from $220.00 to $180.00 in a research note on Tuesday, January 20th. Stifel Nicolaus decreased their target price 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. Needham & Company LLC reissued a “buy” rating and issued a $200.00 price target on shares of Philip Morris International in a report on Thursday, April 23rd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research report on Thursday, January 22nd. Ten 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.com, Philip Morris International has an average rating of “Moderate Buy” and a consensus target price of $192.56.

Insider Buying and Selling at Philip Morris International

In other Philip Morris International news, CFO Emmanuel Babeau sold 33,800 shares of Philip Morris International stock in a transaction dated Thursday, February 19th. The stock was 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 owned 164,463 shares of the company’s stock, valued at $29,868,125.43. The trade was a 17.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jacek Olczak sold 80,000 shares of the company’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 completion of the transaction, the chief executive officer owned 632,344 shares of the company’s stock, valued at $115,200,429.92. The trade was a 11.23% 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 insiders.

Philip Morris International Trading Up 0.5%

PM stock opened at $187.78 on Thursday. The company’s 50 day moving average is $166.29 and its 200 day moving average is $165.20. The stock has a market cap of $292.66 billion, a price-to-earnings ratio of 26.41, a price-to-earnings-growth ratio of 2.15 and a beta of 0.37. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $191.30.

Philip Morris International (NYSE:PM) last announced its earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.13. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The business had revenue of $10.15 billion during the quarter, compared to analyst estimates of $9.95 billion. During the same period in the previous year, the business posted $1.69 earnings per share. Philip Morris International’s revenue for the quarter was up 9.1% on a year-over-year basis. 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, sell-side analysts forecast that Philip Morris International Inc. will post 8.45 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

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

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.