Hamlin Capital Management LLC Cuts Stake in Philip Morris International Inc. $PM

Hamlin Capital Management LLC lessened its stake in Philip Morris International Inc. (NYSE:PM) by 6.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 734,414 shares of the company’s stock after selling 53,549 shares during the quarter. Philip Morris International accounts for approximately 2.8% of Hamlin Capital Management LLC’s holdings, making the stock its 22nd largest position. Hamlin Capital Management LLC’s holdings in Philip Morris International were worth $117,800,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PM. Lake Street Private Wealth LLC purchased a new stake in Philip Morris International in the 4th quarter worth $142,000. Procyon Advisors LLC grew its position in shares of Philip Morris International by 131.7% during the fourth quarter. Procyon Advisors LLC now owns 35,506 shares of the company’s stock valued at $5,695,000 after purchasing an additional 20,184 shares in the last quarter. Impact Capital Partners LLC grew its position in shares of Philip Morris International by 0.7% during the fourth quarter. Impact Capital Partners LLC now owns 17,632 shares of the company’s stock valued at $2,828,000 after purchasing an additional 118 shares in the last quarter. Everpar Advisors LLC increased its holdings in shares of Philip Morris International by 4.3% in the fourth quarter. Everpar Advisors LLC now owns 4,527 shares of the company’s stock worth $726,000 after purchasing an additional 185 shares during the last quarter. Finally, Keystone Financial Planning Inc. increased its holdings in shares of Philip Morris International by 205.9% in the fourth quarter. Keystone Financial Planning Inc. now owns 77,924 shares of the company’s stock worth $12,499,000 after purchasing an additional 52,450 shares during the last quarter. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Trading Down 0.3%

PM opened at $162.90 on Friday. The stock has a 50-day moving average of $177.19 and a 200 day moving average of $164.18. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $191.30. The firm has a market cap of $253.58 billion, a P/E ratio of 22.41, a P/E/G ratio of 1.86 and a beta of 0.38.

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 business had revenue of $10.36 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.55 earnings per share. 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. On average, research 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. Investors of record on Thursday, March 19th will be issued a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.6%. The ex-dividend date is Thursday, March 19th. Philip Morris International’s dividend payout ratio is presently 80.88%.

Insiders Place Their Bets

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

Analyst Upgrades and Downgrades

PM has been the subject of a number of research reports. Stifel Nicolaus set a $200.00 price target on Philip Morris International in a research note on Monday, February 9th. JPMorgan Chase & Co. reduced their price objective on Philip Morris International from $190.00 to $185.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 26th. Jefferies Financial Group cut Philip Morris International from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $220.00 to $180.00 in a report 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 company a “buy” rating in a report on Tuesday, February 10th. Finally, UBS Group restated a “neutral” rating and issued a $181.50 price target on shares of Philip Morris International in a research report on Monday, February 9th. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $196.83.

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.