Trek Financial LLC Reduces Holdings in Philip Morris International Inc. $PM

Trek Financial LLC trimmed its position in shares of Philip Morris International Inc. (NYSE:PM) by 84.7% in the 4th quarter, Holdings Channel reports. The firm owned 4,393 shares of the company’s stock after selling 24,305 shares during the period. Trek Financial LLC’s holdings in Philip Morris International were worth $705,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Valeo Financial Advisors LLC increased its position in shares of Philip Morris International by 3.3% during the fourth quarter. Valeo Financial Advisors LLC now owns 42,279 shares of the company’s stock worth $6,782,000 after purchasing an additional 1,357 shares in the last quarter. 49 Wealth Management LLC increased its position in shares of Philip Morris International by 11.2% during the fourth quarter. 49 Wealth Management LLC now owns 7,883 shares of the company’s stock worth $1,264,000 after purchasing an additional 795 shares in the last quarter. SVB Wealth LLC increased its position in shares of Philip Morris International by 2.2% during the fourth quarter. SVB Wealth LLC now owns 8,458 shares of the company’s stock worth $1,357,000 after purchasing an additional 181 shares in the last quarter. Drive Wealth Management LLC increased its position in shares of Philip Morris International by 21.3% during the fourth quarter. Drive Wealth Management LLC now owns 6,254 shares of the company’s stock worth $1,012,000 after purchasing an additional 1,098 shares in the last quarter. Finally, Pure Financial Advisors LLC increased its position in shares of Philip Morris International by 8.6% during the fourth quarter. Pure Financial Advisors LLC now owns 23,346 shares of the company’s stock worth $3,745,000 after purchasing an additional 1,845 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

Several analysts recently commented on the company. UBS Group dropped their price target on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. Barclays reiterated an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a research report on Monday, February 23rd. Morgan Stanley lowered their price objective on Philip Morris International from $205.00 to $190.00 and set an “overweight” rating on the stock in a research note on Friday, April 17th. Jefferies Financial Group lowered Philip Morris International from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $220.00 to $180.00 in a research note on Tuesday, January 20th. Finally, Needham & Company LLC reissued a “buy” rating and set a $200.00 price objective on shares of Philip Morris International in a research note on Thursday, April 23rd. Ten equities research 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, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $192.56.

Insider Buying and Selling at Philip Morris International

In other news, CFO Emmanuel Babeau sold 33,800 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $181.61, for a total value of $6,138,418.00. Following the transaction, the chief financial officer owned 164,463 shares of the company’s stock, valued at $29,868,125.43. This represents a 17.05% decrease in their position. 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 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 directly owned 632,344 shares in the company, valued at approximately $115,200,429.92. The trade was a 11.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.13% of the company’s stock.

Philip Morris International Stock Performance

NYSE PM opened at $187.78 on Thursday. The stock’s fifty day moving average is $166.29 and its two-hundred day moving average is $165.20. The firm has a market capitalization of $292.66 billion, a P/E 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 fifty-two week low of $142.11 and a fifty-two week high of $191.30.

Philip Morris International (NYSE:PM) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating the consensus estimate 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 business had revenue of $10.15 billion for the quarter, compared to analyst estimates of $9.95 billion. During the same quarter in the prior year, the company posted $1.69 EPS. The company’s quarterly revenue 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 year.

Philip Morris International Announces Dividend

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

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.