KFA Private Wealth Group LLC acquired a new stake in Philip Morris International Inc. (NYSE:PM – Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 5,617 shares of the company’s stock, valued at approximately $901,000.
A number of other hedge funds have also modified their holdings of PM. Vanguard Group Inc. boosted its stake in Philip Morris International by 0.4% in the 3rd quarter. Vanguard Group Inc. now owns 143,468,448 shares of the company’s stock valued at $23,270,582,000 after buying an additional 611,393 shares in the last quarter. Capital World Investors raised its stake in Philip Morris International by 2.2% during the third quarter. Capital World Investors now owns 128,776,327 shares of the company’s stock worth $20,887,743,000 after acquiring an additional 2,714,674 shares in the last quarter. Capital International Investors raised its stake in Philip Morris International by 1.0% during the third quarter. Capital International Investors now owns 89,150,871 shares of the company’s stock worth $14,461,220,000 after acquiring an additional 882,885 shares in the last quarter. State Street Corp lifted its holdings in shares of Philip Morris International by 1.6% during the second quarter. State Street Corp now owns 55,831,655 shares of the company’s stock valued at $10,243,429,000 after acquiring an additional 871,165 shares during the period. Finally, Capital Research Global Investors lifted its holdings in shares of Philip Morris International by 7.2% during the third quarter. Capital Research Global Investors now owns 43,546,533 shares of the company’s stock valued at $7,063,263,000 after acquiring an additional 2,911,835 shares during the period. 78.63% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In related news, CEO Jacek Olczak sold 80,000 shares of Philip Morris International stock in a transaction 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 completion of the sale, the chief executive officer directly owned 632,344 shares of the company’s stock, valued at $115,200,429.92. The trade was a 11.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Emmanuel Babeau sold 33,800 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at $29,868,125.43. This represents a 17.05% decrease in their position. The SEC filing for this sale provides additional information. 0.13% of the stock is owned by insiders.
Analysts Set New Price Targets
Philip Morris International Price Performance
PM opened at $162.90 on Friday. The firm has a 50 day simple moving average of $177.19 and a 200 day simple moving average of $164.20. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $191.30. The company has a market cap of $253.58 billion, a price-to-earnings ratio of 22.41, a price-to-earnings-growth ratio of 1.86 and a beta of 0.38.
Philip Morris International (NYSE:PM – Get Free Report) last announced 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. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The firm had revenue of $10.36 billion for the quarter, compared to analysts’ expectations of $10.40 billion. During the same period last year, the firm earned $1.55 earnings per share. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. 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, analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current year.
Philip Morris International Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, April 13th. Stockholders of record on Thursday, March 19th will be given a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Thursday, March 19th. Philip Morris International’s dividend payout ratio (DPR) is currently 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.
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