Raleigh Capital Management Inc. Raises Stock Holdings in Philip Morris International Inc. $PM

Raleigh Capital Management Inc. increased its stake in shares of Philip Morris International Inc. (NYSE:PM) by 33.4% in the fourth quarter, HoldingsChannel reports. The firm owned 16,340 shares of the company’s stock after buying an additional 4,091 shares during the period. Philip Morris International makes up approximately 1.0% of Raleigh Capital Management Inc.’s investment portfolio, making the stock its 24th largest position. Raleigh Capital Management Inc.’s holdings in Philip Morris International were worth $2,621,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Stonebridge Financial Group LLC lifted its stake in shares of Philip Morris International by 2.2% during the 4th quarter. Stonebridge Financial Group LLC now owns 2,763 shares of the company’s stock worth $443,000 after purchasing an additional 60 shares during the last quarter. Second Line Capital LLC lifted its stake in shares of Philip Morris International by 4.8% during the 2nd quarter. Second Line Capital LLC now owns 1,338 shares of the company’s stock worth $245,000 after purchasing an additional 61 shares during the last quarter. Capital Advisors Wealth Management LLC lifted its stake in shares of Philip Morris International by 1.8% during the 4th quarter. Capital Advisors Wealth Management LLC now owns 3,372 shares of the company’s stock worth $541,000 after purchasing an additional 61 shares during the last quarter. Nia Impact Advisors LLC lifted its stake in shares of Philip Morris International by 4.2% during the 2nd quarter. Nia Impact Advisors LLC now owns 1,577 shares of the company’s stock worth $287,000 after purchasing an additional 63 shares during the last quarter. Finally, Gerber Kawasaki Wealth & Investment Management lifted its stake in shares of Philip Morris International by 3.7% during the 2nd quarter. Gerber Kawasaki Wealth & Investment Management now owns 1,811 shares of the company’s stock worth $330,000 after purchasing an additional 64 shares during the last quarter. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Philip Morris International Price Performance

Shares of NYSE:PM opened at $160.14 on Tuesday. The business’s 50-day moving average is $175.30 and its 200 day moving average is $164.05. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $191.30. The firm has a market capitalization of $249.58 billion, a P/E ratio of 22.03, a P/E/G ratio of 1.80 and a beta of 0.43.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.70. The business had revenue of $10.36 billion for the quarter, compared to analyst estimates of $10.40 billion. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The company’s revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the company earned $1.55 earnings per share. 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, analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 13th. Stockholders of record on Thursday, March 19th will be issued a $1.47 dividend. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.7%. Philip Morris International’s dividend payout ratio is currently 80.88%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. UBS Group reaffirmed a “neutral” rating and set a $181.50 target price on shares of Philip Morris International in a research report on Monday, February 9th. Jefferies Financial Group lowered Philip Morris International from a “buy” rating to a “hold” rating and reduced their target price for the company from $220.00 to $180.00 in a research report on Tuesday, January 20th. Morgan Stanley reaffirmed an “overweight” rating and set a $205.00 target price on shares of Philip Morris International in a research report on Monday, February 9th. Needham & Company LLC upped their target price on Philip Morris International from $190.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research report on Thursday, January 22nd. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $196.83.

Insider Transactions at Philip Morris International

In other news, CEO Jacek Olczak sold 80,000 shares of the stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $182.18, for a total value of $14,574,400.00. Following the transaction, the chief executive officer directly owned 632,344 shares of the company’s stock, valued at approximately $115,200,429.92. This represents 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 accessible through the SEC website. Also, CFO Emmanuel Babeau sold 33,800 shares of the 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 transaction, the chief financial officer directly owned 164,463 shares in the company, valued at $29,868,125.43. This represents a 17.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.13% of the stock is currently owned by corporate insiders.

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.