Natixis Advisors LLC reduced its stake in shares of Philip Morris International Inc. (NYSE:PM – Free Report) by 2.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,420,056 shares of the company’s stock after selling 30,202 shares during the quarter. Natixis Advisors LLC owned about 0.09% of Philip Morris International worth $230,334,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in shares of Philip Morris International by 1.6% during the second quarter. Vanguard Group Inc. now owns 142,857,055 shares of the company’s stock worth $26,018,555,000 after acquiring an additional 2,235,380 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in shares of Philip Morris International by 69.0% in the 2nd 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 acquiring an additional 1,842,754 shares during the period. Prudential Financial Inc. lifted its position in Philip Morris International by 88.9% in the 2nd quarter. Prudential Financial Inc. now owns 2,138,118 shares of the company’s stock valued at $389,415,000 after purchasing an additional 1,006,014 shares during the last quarter. Panagora Asset Management Inc. lifted its position in Philip Morris International by 142.2% in the 2nd quarter. Panagora Asset Management Inc. now owns 1,512,514 shares of the company’s stock valued at $275,474,000 after purchasing an additional 888,148 shares during the last quarter. Finally, State Street Corp boosted its stake in Philip Morris International by 1.6% during the 2nd quarter. State Street Corp now owns 55,831,655 shares of the company’s stock valued at $10,243,429,000 after purchasing an additional 871,165 shares during the period. 78.63% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research analysts have commented on PM shares. 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 research report on Tuesday, February 10th. Needham & Company LLC boosted their price objective on Philip Morris International from $190.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Morgan Stanley reissued an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 9th. Jefferies Financial Group cut Philip Morris International from a “buy” rating to a “hold” rating and lowered their target price for the company from $220.00 to $180.00 in a research report on Tuesday, January 20th. Finally, 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. Eleven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $196.83.
Insider Transactions at Philip Morris International
In other Philip Morris International news, CEO Jacek Olczak sold 80,000 shares of the business’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $182.18, for a total value of $14,574,400.00. Following the sale, the chief executive officer directly owned 632,344 shares in the company, valued at approximately $115,200,429.92. The trade was a 11.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Emmanuel Babeau sold 33,800 shares of the firm’s 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 transaction, the chief financial officer owned 164,463 shares of the company’s stock, valued at approximately $29,868,125.43. This trade represents a 17.05% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.13% of the stock is owned by insiders.
Philip Morris International News Summary
Here are the key news stories impacting Philip Morris International this week:
- Positive Sentiment: Board declared a $1.47 quarterly dividend, payable Apr 13; that supports the stock’s income thesis and steady yield profile for dividend investors. Philip Morris International Declares Regular Quarterly Dividend of $1.47 Per Share
- Positive Sentiment: Several bullish analyses highlight PM’s cash flow, margins and smoke‑free growth as reasons it can still be a growth+income holding — supporting demand from long‑term investors. Looking for a Growth Stock? 3 Reasons Why Philip Morris (PM) is a Solid Choice
- Neutral Sentiment: Commentary asks whether the recent pullback is a buying opportunity given PM’s low‑debt structure and steady cash generation — views differ, so this keeps trading volume and sentiment mixed. Is PM Stock’s Recent Slide A Start Of A Deeper Dive?
- Neutral Sentiment: Industry pieces on “sin stocks” and community PR (donation tied to smoke‑free narrative) reinforce PM’s resilient cashflow story but have limited immediate price impact. Sin Stock Investing: Are There Opportunities Beyond Ethical Debate?
- Neutral Sentiment: Analysts and retail pieces are debating whether the dividend announcement resets the buy case — useful for income buyers but not decisive for momentum traders. Is Philip Morris International Still a Buy After Recent Dividend Announcement?
- Negative Sentiment: Coverage flagged a price dip that “tests investor confidence” in PM’s dividend growth story — signaling some investors are skeptical about sustainability if operational/headline risks persist. Philip Morris Dip Tests Investor Confidence in Its Dividend Growth Story
- Negative Sentiment: Coverage pointed to a notable pullback tied to an earnings miss narrative and concerns around “delisting debt,” which has pressured shares and added short‑term selling risk. Why Philip Morris International (PM) Is Down 5.7% After Earnings Miss And Delisting Debt – And What’s Next
- Negative Sentiment: Valuation cautions (some analysts argue the stock is fully valued on its dividend) limit upside expectations and could cap investor enthusiasm absent stronger operational beats. Philip Morris: The Stock Appears Fully Valued Based On Its Dividends
Philip Morris International Price Performance
NYSE PM opened at $169.91 on Friday. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $191.30. The firm has a market capitalization of $264.50 billion, a PE ratio of 23.37, a P/E/G ratio of 1.94 and a beta of 0.38. The company’s 50 day simple moving average is $175.14 and its 200 day simple moving average is $164.08.
Philip Morris International (NYSE:PM – Get Free Report) last released its earnings results on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.70. The firm had revenue of $10.36 billion during the quarter, compared to the consensus estimate of $10.40 billion. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $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. Sell-side 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 announced a quarterly dividend, which will be paid on Monday, April 13th. Investors of record on Thursday, March 19th will be paid a dividend of $1.47 per share. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $5.88 annualized dividend and a yield of 3.5%. Philip Morris International’s dividend payout ratio (DPR) is currently 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.
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