Oppenheimer Asset Management Inc. Buys 5,806 Shares of Philip Morris International Inc. $PM

Oppenheimer Asset Management Inc. grew its stake in Philip Morris International Inc. (NYSE:PM) by 3.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 192,034 shares of the company’s stock after acquiring an additional 5,806 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Philip Morris International were worth $30,802,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Stonebridge Financial Group LLC grew its position in shares of Philip Morris International by 2.2% in the 4th quarter. Stonebridge Financial Group LLC now owns 2,763 shares of the company’s stock valued at $443,000 after purchasing an additional 60 shares during the period. Capital Advisors Wealth Management LLC boosted its position in Philip Morris International by 1.8% during the 4th quarter. Capital Advisors Wealth Management LLC now owns 3,372 shares of the company’s stock worth $541,000 after acquiring an additional 61 shares during the last quarter. Townsend Asset Management Corp NC ADV raised its stake in shares of Philip Morris International by 2.4% during the 4th quarter. Townsend Asset Management Corp NC ADV now owns 2,662 shares of the company’s stock worth $427,000 after purchasing an additional 62 shares in the last quarter. Nia Impact Advisors LLC raised its stake in shares of Philip Morris International by 4.2% during the 2nd quarter. Nia Impact Advisors LLC now owns 1,577 shares of the company’s stock worth $287,000 after purchasing an additional 63 shares in the last quarter. Finally, Galvin Gaustad & Stein LLC raised its stake in shares of Philip Morris International by 0.7% during the 4th quarter. Galvin Gaustad & Stein LLC now owns 9,249 shares of the company’s stock worth $1,484,000 after purchasing an additional 63 shares in the last quarter. 78.63% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Wall Street Zen cut Philip Morris International from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Jefferies Financial Group cut 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 report on Tuesday, January 20th. Citigroup increased their price objective on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Barclays reiterated an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a research report on Monday, February 23rd. Finally, Stifel Nicolaus lowered their price objective on Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Ten equities research 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 has an average rating of “Moderate Buy” and an average target price of $192.56.

Philip Morris International Stock Performance

PM opened at $165.40 on Friday. The firm has a market cap of $257.79 billion, a P/E ratio of 23.26, a price-to-earnings-growth ratio of 1.87 and a beta of 0.43. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $191.30. The business’s fifty day moving average is $167.62 and its 200-day moving average is $164.12.

Philip Morris International (NYSE:PM) last released its earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.13. The company had revenue of $10.15 billion for the quarter, compared to analyst estimates of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.Philip Morris International’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.69 EPS. 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. On average, research analysts predict that Philip Morris International Inc. will post 8.45 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 13th. Stockholders of record on Thursday, March 19th were issued a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Thursday, March 19th. Philip Morris International’s dividend payout ratio is 82.70%.

Insider Buying and Selling at Philip Morris International

In other news, CFO Emmanuel Babeau sold 33,800 shares of the stock in a transaction 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 sale, the chief financial officer directly owned 164,463 shares of the company’s stock, valued at approximately $29,868,125.43. This represents a 17.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 in the company, valued at approximately $115,200,429.92. This trade represents a 11.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.13% of the company’s stock.

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.