Philip Morris International Inc. $PM Shares Sold by Todd Asset Management LLC

Todd Asset Management LLC cut its holdings in Philip Morris International Inc. (NYSE:PM) by 17.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,997 shares of the company’s stock after selling 2,986 shares during the quarter. Todd Asset Management LLC’s holdings in Philip Morris International were worth $2,270,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Legacy Investment Solutions LLC acquired a new stake in Philip Morris International in the 2nd quarter worth approximately $25,000. Traub Capital Management LLC acquired a new position in Philip Morris International during the 2nd quarter valued at approximately $25,000. Marquette Asset Management LLC raised its holdings in shares of 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 buying an additional 151 shares during the last quarter. Estabrook Capital Management acquired a new position in shares of Philip Morris International in the 2nd quarter valued at $30,000. Finally, Briaud Financial Planning Inc increased its position in shares of Philip Morris International by 266.7% in the 2nd quarter. Briaud Financial Planning Inc now owns 165 shares of the company’s stock valued at $30,000 after acquiring an additional 120 shares during the period. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Down 0.8%

PM stock opened at $187.35 on Tuesday. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $190.98. The firm has a 50-day simple moving average of $168.12 and a 200-day simple moving average of $162.51. The stock has a market capitalization of $291.64 billion, a P/E ratio of 25.77, a P/E/G ratio of 2.14 and a beta of 0.39.

Philip Morris International (NYSE:PM) last released its earnings results on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.70. The business had revenue of $10.36 billion during the quarter, compared to analyst estimates of $10.40 billion. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm 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 earnings per share for the current year.

Philip Morris International Announces Dividend

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

Analyst Ratings Changes

PM has been the subject of a number of research analyst reports. Stifel Nicolaus set a $200.00 target price on Philip Morris International in a research note on Monday, February 9th. UBS Group reaffirmed a “neutral” rating and set a $181.50 target price on shares of Philip Morris International in a report on Monday, February 9th. Morgan Stanley reiterated an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a research report on Monday, February 9th. Jefferies Financial Group lowered shares of Philip Morris International from a “buy” rating to a “hold” rating and reduced their price target for the stock from $220.00 to $180.00 in a research report on Tuesday, January 20th. Finally, Citigroup upped their target price on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Eleven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Philip Morris International presently has an average rating of “Moderate Buy” and an average price target of $194.06.

Philip Morris International 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.