Philip Morris International Inc. $PM Shares Sold by Public Sector Pension Investment Board

Public Sector Pension Investment Board cut its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 8.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 204,669 shares of the company’s stock after selling 19,688 shares during the period. Public Sector Pension Investment Board’s holdings in Philip Morris International were worth $33,197,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Corient Private Wealth LLC grew its position in shares of Philip Morris International by 1.2% in the second quarter. Corient Private Wealth LLC now owns 490,590 shares of the company’s stock valued at $89,354,000 after purchasing an additional 5,681 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in Philip Morris International by 10.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 549,481 shares of the company’s stock valued at $84,922,000 after buying an additional 51,399 shares in the last quarter. Dynasty Wealth Management LLC boosted its holdings in Philip Morris International by 53.0% in the 3rd quarter. Dynasty Wealth Management LLC now owns 27,772 shares of the company’s stock worth $4,505,000 after buying an additional 9,622 shares during the last quarter. Westwood Holdings Group Inc. increased its stake in Philip Morris International by 295.8% during the 2nd quarter. Westwood Holdings Group Inc. now owns 67,717 shares of the company’s stock worth $12,333,000 after buying an additional 50,610 shares in the last quarter. Finally, Prudential Financial Inc. increased its stake in Philip Morris International by 88.9% during the 2nd quarter. Prudential Financial Inc. now owns 2,138,118 shares of the company’s stock worth $389,415,000 after buying an additional 1,006,014 shares in the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Up 1.3%

Shares of PM opened at $188.77 on Friday. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $190.98. The stock has a fifty day simple moving average of $166.55 and a two-hundred day simple moving average of $162.14. The company has a market capitalization of $293.86 billion, a PE ratio of 25.97, a price-to-earnings-growth ratio of 2.06 and a beta of 0.39.

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

Philip Morris International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Friday, December 26th were paid a $1.47 dividend. The ex-dividend date of this dividend was Friday, December 26th. This represents a $5.88 annualized dividend and a dividend yield of 3.1%. Philip Morris International’s dividend payout ratio is 80.88%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on PM shares. UBS Group restated a “neutral” rating and issued a $181.50 target price on shares of Philip Morris International in a research report on Monday. Barclays decreased their price objective on Philip Morris International from $220.00 to $180.00 and set an “overweight” rating on the stock in a report on Monday, November 17th. Citigroup upped 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. Stifel Nicolaus set a $200.00 price target on shares of Philip Morris International in a research note on Monday. Finally, Needham & Company LLC boosted their price target on shares of Philip Morris International from $190.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday. Eleven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $194.06.

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.