Hosking Partners LLP Has $8.85 Million Stock Holdings in Philip Morris International Inc. $PM

Hosking Partners LLP reduced its holdings in Philip Morris International Inc. (NYSE:PM) by 42.0% during the 4th quarter, Holdings Channel reports. The fund owned 55,156 shares of the company’s stock after selling 39,894 shares during the quarter. Hosking Partners LLP’s holdings in Philip Morris International were worth $8,847,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of PM. Capital Research Global Investors boosted its holdings in shares of Philip Morris International by 7.2% in the 3rd quarter. Capital Research Global Investors now owns 43,546,533 shares of the company’s stock worth $7,063,263,000 after acquiring an additional 2,911,835 shares in the last quarter. Capital World Investors boosted its holdings in shares of Philip Morris International by 2.2% in the 3rd 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. Massachusetts Financial Services Co. MA boosted its holdings in shares of Philip Morris International by 36.3% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 9,301,112 shares of the company’s stock worth $1,491,898,000 after acquiring an additional 2,475,204 shares in the last quarter. SG Americas Securities LLC boosted its holdings in shares of Philip Morris International by 1,547.2% in the 4th quarter. SG Americas Securities LLC now owns 2,260,217 shares of the company’s stock worth $362,539,000 after acquiring an additional 2,123,002 shares in the last quarter. Finally, Lone Pine Capital LLC boosted its holdings in shares of Philip Morris International by 67.3% in the 3rd quarter. Lone Pine Capital LLC now owns 4,614,443 shares of the company’s stock worth $748,463,000 after acquiring an additional 1,856,749 shares in the last quarter. 78.63% of the stock is owned by institutional investors and hedge funds.

Philip Morris International Stock Performance

NYSE:PM opened at $170.88 on Monday. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $191.30. The company has a market cap of $266.32 billion, a price-to-earnings ratio of 24.03, a P/E/G ratio of 1.97 and a beta of 0.37. The stock’s fifty day moving average price is $166.69 and its two-hundred day moving average price is $164.47.

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, beating analysts’ consensus estimates of $1.83 by $0.13. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The company had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $9.95 billion. During the same period in the prior year, the company posted $1.69 EPS. The company’s revenue was up 9.1% compared to the same quarter last year. 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, equities analysts predict that Philip Morris International Inc. will post 8.45 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were given a dividend of $1.47 per share. The ex-dividend date was Thursday, March 19th. This represents a $5.88 dividend on an annualized basis and a yield of 3.4%. Philip Morris International’s dividend payout ratio is presently 82.70%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on PM. Needham & Company LLC reiterated a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a research report on Thursday, April 23rd. Barclays reiterated an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a research report on Monday, February 23rd. UBS Group reduced their price target on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a research report on Friday, April 17th. Jefferies Financial Group downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating and reduced their price target for the stock from $220.00 to $180.00 in a research report on Tuesday, January 20th. Finally, Stifel Nicolaus reduced their price target on shares of 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 investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $192.56.

Insider Transactions 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 value of $6,138,418.00. Following the transaction, 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jacek Olczak sold 80,000 shares of the stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $182.18, for a total value of $14,574,400.00. Following the completion of the transaction, 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 position. The SEC filing for this sale provides additional information. Corporate insiders own 0.13% of the company’s stock.

About Philip Morris International

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.