Philip Morris International Inc. $PM Shares Sold by Comerica Bank

Comerica Bank cut its position in shares of Philip Morris International Inc. (NYSE:PM) by 0.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 423,177 shares of the company’s stock after selling 3,100 shares during the quarter. Comerica Bank’s holdings in Philip Morris International were worth $68,639,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Traub Capital Management LLC acquired a new stake in Philip Morris International during the second quarter worth about $25,000. Marquette Asset Management LLC lifted its holdings in Philip Morris International by 1,677.8% in the third quarter. Marquette Asset Management LLC now owns 160 shares of the company’s stock worth $26,000 after acquiring an additional 151 shares during the last quarter. Dogwood Wealth Management LLC boosted its stake in Philip Morris International by 96.5% in the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after acquiring an additional 82 shares during the period. Estabrook Capital Management acquired a new position in Philip Morris International in the second quarter valued at approximately $30,000. Finally, Anfield Capital Management LLC grew its holdings in shares of Philip Morris International by 185.5% during the second quarter. Anfield Capital Management LLC now owns 197 shares of the company’s stock valued at $36,000 after purchasing an additional 128 shares during the last quarter. Institutional investors and hedge funds own 78.63% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on PM shares. Morgan Stanley reiterated an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a research report on Monday, February 9th. UBS Group restated a “neutral” rating and set a $181.50 price objective on shares of Philip Morris International in a research note on Monday, February 9th. Barclays reaffirmed an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a research report on Monday, February 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research note on Thursday, January 22nd. Finally, Needham & Company LLC boosted their price target on shares of Philip Morris International from $190.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Philip Morris International presently has a consensus rating of “Moderate Buy” and a consensus price target of $196.83.

Insider Buying and Selling at Philip Morris International

In related news, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Jacek Olczak sold 80,000 shares of the stock in a transaction dated Thursday, February 19th. The shares were 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 owned 632,344 shares of the company’s stock, valued at $115,200,429.92. This represents a 11.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.13% of the company’s stock.

Philip Morris International Trading Up 1.5%

PM opened at $174.52 on Friday. The business’s 50 day moving average is $176.24 and its 200-day moving average is $164.14. The stock has a market cap of $271.67 billion, a PE ratio of 24.00, a price-to-earnings-growth ratio of 1.96 and a beta of 0.38. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $191.30.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share (EPS) 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 business had revenue of $10.36 billion during the quarter, compared to analyst estimates of $10.40 billion. During the same period in the prior year, the company posted $1.55 EPS. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. 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 forecast that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Announces Dividend

The firm 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 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Thursday, March 19th. Philip Morris International’s payout ratio is 80.88%.

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.