SteelPeak Wealth LLC Decreases Stake in Philip Morris International Inc. $PM

SteelPeak Wealth LLC lowered its stake in Philip Morris International Inc. (NYSE:PM) by 76.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 8,246 shares of the company’s stock after selling 26,069 shares during the quarter. SteelPeak Wealth LLC’s holdings in Philip Morris International were worth $1,335,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Brighton Jones LLC boosted its holdings in shares of Philip Morris International by 31.1% during the fourth quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after purchasing an additional 2,023 shares during the period. Revolve Wealth Partners LLC grew its stake in shares of Philip Morris International by 4.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock worth $252,000 after purchasing an additional 91 shares during the last quarter. Sivia Capital Partners LLC increased its holdings in Philip Morris International by 53.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company’s stock valued at $1,027,000 after purchasing an additional 1,970 shares during the period. GeoWealth Management LLC raised its position in Philip Morris International by 18.5% during the 2nd quarter. GeoWealth Management LLC now owns 8,823 shares of the company’s stock valued at $1,607,000 after purchasing an additional 1,379 shares during the last quarter. Finally, SCS Capital Management LLC raised its position in Philip Morris International by 14.6% during the 2nd quarter. SCS Capital Management LLC now owns 5,928 shares of the company’s stock valued at $1,082,000 after purchasing an additional 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 related news, CFO Emmanuel Babeau sold 33,800 shares of Philip Morris International stock in a transaction dated 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. This trade represents a 17.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Jacek Olczak sold 80,000 shares of the business’s stock in a transaction dated 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 in the company, valued at $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. 0.13% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Wall Street Zen lowered Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Barclays restated an “overweight” rating and set a $205.00 target price on shares of Philip Morris International in a report on Monday, February 23rd. Stifel Nicolaus set a $200.00 price target on Philip Morris International in a research note on Monday, February 9th. Citigroup lifted their price target on shares of Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Finally, Morgan Stanley reissued an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a research report on Monday, February 9th. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Philip Morris International currently has an average rating of “Moderate Buy” and a consensus target price of $196.83.

Philip Morris International Stock Performance

Shares of NYSE:PM opened at $157.71 on Friday. The firm has a market capitalization of $245.79 billion, a P/E ratio of 21.69, a P/E/G ratio of 1.80 and a beta of 0.43. The stock has a 50 day moving average price of $175.61 and a 200-day moving average price of $164.07. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $191.30.

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

Philip Morris International Dividend Announcement

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 issued a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Thursday, March 19th. Philip Morris International’s payout ratio is 80.88%.

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.