Philip Morris International Inc. $PM Shares Acquired by Advisory Services Network LLC

Advisory Services Network LLC increased its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 11.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 90,806 shares of the company’s stock after acquiring an additional 9,224 shares during the period. Advisory Services Network LLC’s holdings in Philip Morris International were worth $14,729,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Capital Research Global Investors raised its stake in Philip Morris International by 7.2% in 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 purchasing an additional 2,911,835 shares during the last quarter. Capital World Investors boosted its stake in shares of Philip Morris International by 2.2% during the 3rd quarter. Capital World Investors now owns 128,776,327 shares of the company’s stock worth $20,887,743,000 after purchasing an additional 2,714,674 shares during the last quarter. Vanguard Group Inc. grew 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 worth $26,018,555,000 after buying an additional 2,235,380 shares in the last quarter. Lone Pine Capital LLC raised its position in shares of Philip Morris International by 67.3% in the third quarter. Lone Pine Capital LLC now owns 4,614,443 shares of the company’s stock valued at $748,463,000 after buying an additional 1,856,749 shares during the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its position in shares of Philip Morris International by 69.0% in 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 buying an additional 1,842,754 shares during the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Insider Transactions at Philip Morris International

In other Philip Morris International news, CEO Jacek Olczak sold 80,000 shares of Philip Morris International stock in a transaction that occurred 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 sale, the chief executive officer directly owned 632,344 shares of the company’s stock, valued at approximately $115,200,429.92. The trade was a 11.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Emmanuel Babeau sold 33,800 shares of the company’s stock in a transaction that occurred on 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 completion of the sale, the chief financial officer owned 164,463 shares in the company, valued at approximately $29,868,125.43. This represents a 17.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.13% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on PM. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research note on Thursday, January 22nd. Jefferies Financial Group downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating and dropped their price objective for the company from $220.00 to $180.00 in a research note on Tuesday, January 20th. Needham & Company LLC raised their target price on shares of Philip Morris International from $190.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Morgan Stanley restated an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a report on Monday, February 9th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Philip Morris International from $190.00 to $185.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Philip Morris International has an average rating of “Moderate Buy” and an average target price of $196.83.

Philip Morris International Trading Down 1.1%

Shares of Philip Morris International stock opened at $172.86 on Wednesday. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $191.30. The company’s fifty day simple moving average is $176.88 and its 200-day simple moving average is $164.23. The company has a market cap of $269.09 billion, a price-to-earnings ratio of 23.78, a PEG ratio of 1.99 and a beta of 0.38.

Philip Morris International (NYSE:PM) last posted its quarterly earnings results on Friday, February 6th. The company reported $1.70 EPS for the quarter, meeting the consensus estimate of $1.70. The firm had revenue of $10.36 billion during 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 company’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the prior 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. As a group, research analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

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

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.