Greenleaf Trust Increases Stock Holdings in Philip Morris International Inc. $PM

Greenleaf Trust lifted its position in Philip Morris International Inc. (NYSE:PM) by 10.0% in the fourth quarter, HoldingsChannel reports. The firm owned 36,417 shares of the company’s stock after buying an additional 3,319 shares during the period. Greenleaf Trust’s holdings in Philip Morris International were worth $5,841,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of PM. Capital Research Global Investors grew its holdings in shares of Philip Morris International by 7.2% in the third quarter. Capital Research Global Investors now owns 43,546,533 shares of the company’s stock valued at $7,063,263,000 after purchasing an additional 2,911,835 shares during the period. Capital World Investors boosted its stake in Philip Morris International by 2.2% during the third quarter. Capital World Investors now owns 128,776,327 shares of the company’s stock worth $20,887,743,000 after buying an additional 2,714,674 shares during the period. SG Americas Securities LLC boosted its stake in Philip Morris International by 1,547.2% during the fourth quarter. SG Americas Securities LLC now owns 2,260,217 shares of the company’s stock worth $362,539,000 after buying an additional 2,123,002 shares during the period. Lone Pine Capital LLC boosted its stake in Philip Morris International by 67.3% during the third quarter. Lone Pine Capital LLC now owns 4,614,443 shares of the company’s stock worth $748,463,000 after buying an additional 1,856,749 shares during the period. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its stake in Philip Morris International by 69.0% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 4,512,311 shares of the company’s stock worth $821,826,000 after buying an additional 1,842,754 shares during the period. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Jefferies Financial Group lowered shares of Philip Morris International from a “buy” rating to a “hold” rating and lowered their target price for the stock from $220.00 to $180.00 in a research note 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 note on Monday, February 9th. Barclays reaffirmed an “overweight” rating and set a $205.00 target price on shares of Philip Morris International in a research note on Monday, February 23rd. UBS Group reaffirmed a “neutral” rating and set a $181.50 target price on shares of Philip Morris International in a research note on Monday, February 9th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research note on Thursday, January 22nd. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Philip Morris International has an average rating of “Moderate Buy” and a consensus target price of $196.83.

Insider Activity

In other news, 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 transaction of $6,138,418.00. Following the sale, the chief financial officer owned 164,463 shares of the company’s stock, valued at approximately $29,868,125.43. This represents a 17.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 transaction of $14,574,400.00. Following the sale, 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. 0.13% of the stock is currently owned by corporate insiders.

Philip Morris International Stock Performance

Shares of PM opened at $157.38 on Wednesday. The stock has a market capitalization of $245.29 billion, a PE ratio of 21.65, a P/E/G ratio of 1.80 and a beta of 0.43. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $191.30. The company’s 50-day simple moving average is $174.86 and its 200-day simple moving average is $164.01.

Philip Morris International (NYSE:PM) last issued its quarterly earnings results on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.70. The business had revenue of $10.36 billion for the quarter, compared to analysts’ expectations of $10.40 billion. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter 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, sell-side analysts predict that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 13th. Stockholders 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 3.7%. The ex-dividend date of this dividend is Thursday, March 19th. Philip Morris International’s dividend payout ratio is currently 80.88%.

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.