Independent Franchise Partners LLP Trims Stock Position in Philip Morris International Inc. $PM

Independent Franchise Partners LLP lessened its stake in shares of Philip Morris International Inc. (NYSE:PM) by 1.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,775,512 shares of the company’s stock after selling 39,383 shares during the period. Philip Morris International comprises approximately 4.0% of Independent Franchise Partners LLP’s investment portfolio, making the stock its 14th biggest holding. Independent Franchise Partners LLP owned approximately 0.24% of Philip Morris International worth $612,388,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the company. Traub Capital Management LLC purchased a new position in Philip Morris International during the 2nd quarter worth $25,000. Marquette Asset Management LLC raised its position in Philip Morris International by 1,677.8% during the 3rd quarter. Marquette Asset Management LLC now owns 160 shares of the company’s stock valued at $26,000 after purchasing an additional 151 shares in the last quarter. Dogwood Wealth Management LLC lifted its holdings in shares of Philip Morris International by 96.5% in the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after buying an additional 82 shares during the period. Estabrook Capital Management bought a new position in shares of Philip Morris International during the 2nd quarter worth $30,000. Finally, Anfield Capital Management LLC grew its position in shares of Philip Morris International by 185.5% during the 2nd quarter. Anfield Capital Management LLC now owns 197 shares of the company’s stock worth $36,000 after buying an additional 128 shares in the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Analysts Set New Price Targets

PM has been the subject of several recent research reports. Jefferies Financial Group downgraded Philip Morris International from a “buy” rating to a “hold” rating and decreased their price objective for the company from $220.00 to $180.00 in a report on Tuesday, January 20th. Citigroup increased their target price on shares of Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Barclays reissued an “overweight” rating and set a $205.00 target price on shares of Philip Morris International in a research report on Monday, February 23rd. Stifel Nicolaus set a $200.00 price target on shares of Philip Morris International in a report on Monday, February 9th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $181.50 price target on shares of Philip Morris International in a research report on Monday, February 9th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $196.83.

Philip Morris International Trading Up 1.5%

PM opened at $174.52 on Friday. The firm has a market cap of $271.67 billion, a price-to-earnings ratio of 24.00, a PEG ratio of 1.96 and a beta of 0.38. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $191.30. The stock has a fifty day moving average price of $176.24 and a 200-day moving average price of $164.14.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.70. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The firm had revenue of $10.36 billion during the quarter, compared to analysts’ expectations of $10.40 billion. During the same period in the prior year, the business posted $1.55 EPS. The firm’s quarterly revenue 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. On average, equities research analysts forecast that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, April 13th. Shareholders of record on Thursday, March 19th will be given a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Thursday, March 19th. Philip Morris International’s dividend payout ratio is presently 80.88%.

Insider Transactions at Philip Morris International

In other 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 sale, the chief financial officer directly owned 164,463 shares in the company, valued at approximately $29,868,125.43. This trade represents a 17.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jacek Olczak sold 80,000 shares of Philip Morris International stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 632,344 shares in the company, valued at approximately $115,200,429.92. The trade was a 11.23% decrease in their position. The SEC filing for this sale provides additional information. 0.13% of the stock is currently owned by company insiders.

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.