Frank Rimerman Advisors LLC lowered its stake in Philip Morris International Inc. (NYSE:PM – Free Report) by 19.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 30,555 shares of the company’s stock after selling 7,486 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in Philip Morris International were worth $4,901,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Second Line Capital LLC grew its position in shares of Philip Morris International by 4.8% during the second quarter. Second Line Capital LLC now owns 1,338 shares of the company’s stock worth $245,000 after buying an additional 61 shares in the last quarter. Nia Impact Advisors LLC raised its holdings in Philip Morris International by 4.2% in the second quarter. Nia Impact Advisors LLC now owns 1,577 shares of the company’s stock valued at $287,000 after acquiring an additional 63 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management lifted its stake in Philip Morris International by 3.7% in the second quarter. Gerber Kawasaki Wealth & Investment Management now owns 1,811 shares of the company’s stock worth $330,000 after acquiring an additional 64 shares during the last quarter. ARS Wealth Advisors Group LLC grew its holdings in Philip Morris International by 2.5% during the 4th quarter. ARS Wealth Advisors Group LLC now owns 2,644 shares of the company’s stock worth $424,000 after acquiring an additional 64 shares in the last quarter. Finally, Raab & Moskowitz Asset Management LLC grew its holdings in Philip Morris International by 0.4% during the 2nd quarter. Raab & Moskowitz Asset Management LLC now owns 16,419 shares of the company’s stock worth $2,990,000 after acquiring an additional 66 shares in the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.
Insider Buying and Selling
In other news, CFO Emmanuel Babeau sold 33,800 shares of the company’s stock in a transaction that occurred on 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 in the company, valued at $29,868,125.43. This represents a 17.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Jacek Olczak sold 80,000 shares of the stock in a transaction on 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 sale, the chief executive officer directly owned 632,344 shares of the company’s stock, valued at approximately $115,200,429.92. This represents a 11.23% 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.
Philip Morris International Stock Performance
Philip Morris International (NYSE:PM – Get Free Report) last released its quarterly earnings results on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.70. The firm had revenue of $10.36 billion for the quarter, compared to analyst estimates of $10.40 billion. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The business’s revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the company 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. As a group, research analysts forecast that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.
Philip Morris International Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, April 13th. Stockholders of record on Thursday, March 19th will be issued a $1.47 dividend. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.6%. Philip Morris International’s payout ratio is presently 80.88%.
Key Headlines Impacting Philip Morris International
Here are the key news stories impacting Philip Morris International this week:
- Positive Sentiment: Analysts and outlets argue PM is attractive to growth investors because of durable cash flow, accelerating non-combustible product adoption and multi-year EPS guidance that supports total-return potential. Here is Why Growth Investors Should Buy Philip Morris (PM) Now
- Positive Sentiment: Similar buy-case coverage from Zacks highlights PM’s growth profile and style-score appeal for investors seeking growth-plus-income. Here is Why Growth Investors Should Buy Philip Morris (PM) Now
- Positive Sentiment: Coverage naming PM among “best dividend stocks to buy and hold” supports income-oriented demand; steady dividends plus buybacks make the stock appealing to yield-seeking investors. The Best Dividend Stocks to Buy and Hold Forever
- Positive Sentiment: Seeking Alpha reports updates on PMI’s “industry‑leading” pivot away from cigarettes — news that reinforces the long-term growth narrative as smoke‑free product mix increases. Philip Morris updates on its ‘industry-leading shift’ away from cigarettes
- Positive Sentiment: PMI’s Technovation U.S. event (April 14) emphasizes science, policy and innovation to advance a smoke‑free future—an investor-facing effort to strengthen regulatory ties and demonstrate technology roadmap progress. PMI U.S. BRINGS TECHNOVATION TO WASHINGTON D.C.
- Neutral Sentiment: PM released its Value Report 2025 and introduced the Value Plan 2030+, summarizing its 2025 Roadmap completion and laying out sustainability and value-creation targets; this formalizes strategy but is largely a corporate disclosure rather than new financial guidance. Philip Morris International Presents its Value Report 2025: change in motion
- Neutral Sentiment: Additional press distribution of the Value Report (Financial Post / PR outlets) reiterates the same plan and achievements—useful for long-term thesis but not immediate earnings news. Philip Morris International Presents its Value Report 2025: change in motion
Analysts Set New Price Targets
A number of brokerages have commented on PM. Morgan Stanley reissued an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a research report on Monday, February 9th. Needham & Company LLC boosted 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 note on Tuesday, February 10th. Stifel Nicolaus set a $200.00 target price on Philip Morris International in a report on Monday, February 9th. Wall Street Zen cut Philip Morris International from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a report on Thursday, January 22nd. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $196.83.
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.
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