May Hill Capital LLC lifted its stake in shares of Philip Morris International Inc. (NYSE:PM – Free Report) by 91.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 6,870 shares of the company’s stock after acquiring an additional 3,283 shares during the period. May Hill Capital LLC’s holdings in Philip Morris International were worth $1,102,000 as of its most recent SEC filing.
A number of other hedge funds also recently made changes to their positions in the stock. Tranquility Partners LLC lifted its position in Philip Morris International by 2.4% during the fourth quarter. Tranquility Partners LLC now owns 2,489 shares of the company’s stock valued at $399,000 after purchasing an additional 59 shares during the last quarter. Stonebridge Financial Group LLC raised its stake in shares of Philip Morris International by 2.2% in the fourth quarter. Stonebridge Financial Group LLC now owns 2,763 shares of the company’s stock valued at $443,000 after acquiring an additional 60 shares during the period. Capital Advisors Wealth Management LLC raised its stake in shares of Philip Morris International by 1.8% in the fourth quarter. Capital Advisors Wealth Management LLC now owns 3,372 shares of the company’s stock valued at $541,000 after acquiring an additional 61 shares during the period. Townsend Asset Management Corp NC ADV raised its stake in shares of Philip Morris International by 2.4% in the fourth quarter. Townsend Asset Management Corp NC ADV now owns 2,662 shares of the company’s stock valued at $427,000 after acquiring an additional 62 shares during the period. Finally, Nia Impact Advisors LLC raised its stake in shares of 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 during the period. 78.63% of the stock is owned by institutional investors.
Analyst Ratings Changes
PM has been the topic of several recent analyst reports. Barclays reissued an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a research note on Monday, February 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research note on Thursday, January 22nd. Morgan Stanley reduced their target price on shares of Philip Morris International from $205.00 to $190.00 and set an “overweight” rating on the stock in a research note on Friday, April 17th. Citigroup increased their target price on shares of Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $200.00 target price on shares of Philip Morris International in a research note on Thursday, April 23rd. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $192.56.
Insider Activity
In related news, CFO Emmanuel Babeau sold 33,800 shares of the firm’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 transaction, the chief financial officer 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 transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Jacek Olczak sold 80,000 shares of the firm’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 completion of the transaction, the chief executive officer directly owned 632,344 shares in the company, valued at $115,200,429.92. This represents a 11.23% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.13% of the company’s stock.
Philip Morris International Price Performance
PM stock opened at $189.66 on Friday. The company has a market capitalization of $295.59 billion, a PE ratio of 26.67, a P/E/G ratio of 2.18 and a beta of 0.37. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $192.95. The firm’s 50-day moving average is $166.78 and its 200 day moving average is $165.61.
Philip Morris International (NYSE:PM – Get Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 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 the consensus estimate of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The firm’s revenue was up 9.1% compared to the same quarter last year. During the same quarter last 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. Sell-side analysts forecast that Philip Morris International Inc. will post 8.45 EPS for the current fiscal year.
Philip Morris International Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, April 13th. Investors of record on Thursday, March 19th were paid a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Thursday, March 19th. Philip Morris International’s dividend payout ratio (DPR) is currently 82.70%.
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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