Lighthouse Investment Partners LLC Acquires New Shares in Philip Morris International Inc. $PM

Lighthouse Investment Partners LLC acquired a new position in shares of Philip Morris International Inc. (NYSE:PM) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 51,618 shares of the company’s stock, valued at approximately $8,372,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Traub Capital Management LLC bought a new stake in shares of Philip Morris International during the second quarter worth about $25,000. Marquette Asset Management LLC raised its holdings in Philip Morris International by 1,677.8% in the 3rd quarter. Marquette Asset Management LLC now owns 160 shares of the company’s stock valued at $26,000 after buying an additional 151 shares during the last quarter. Dogwood Wealth Management LLC boosted its position in Philip Morris International by 96.5% during the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after buying an additional 82 shares during the period. Estabrook Capital Management acquired a new stake in Philip Morris International during the 2nd quarter worth approximately $30,000. Finally, Anfield Capital Management LLC grew its holdings in Philip Morris International by 185.5% during the 2nd quarter. Anfield Capital Management LLC now owns 197 shares of the company’s stock worth $36,000 after acquiring an additional 128 shares during the last quarter. Institutional investors and hedge funds own 78.63% of the company’s stock.

Wall Street Analyst Weigh In

PM has been the subject of several recent research reports. Barclays restated an “overweight” rating and issued a $205.00 price target on shares of Philip Morris International in a research report on Monday, February 23rd. Citigroup boosted their price objective on shares of Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. JPMorgan Chase & Co. decreased their price objective on Philip Morris International from $190.00 to $185.00 and set an “overweight” rating for the company in a report on Wednesday, November 26th. Needham & Company LLC raised their target price 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. Finally, Jefferies Financial Group downgraded Philip Morris International from a “buy” rating to a “hold” rating and cut their target price for the stock from $220.00 to $180.00 in a report on Tuesday, January 20th. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $196.83.

Philip Morris International Stock Performance

Philip Morris International stock opened at $174.52 on Monday. The stock has a market capitalization of $271.67 billion, a price-to-earnings ratio of 24.00, a PEG ratio of 1.99 and a beta of 0.38. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $191.30. The stock’s 50 day moving average price is $176.24 and its two-hundred day moving average price is $164.12.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Friday, February 6th. The company reported $1.70 EPS for the quarter, hitting the consensus estimate of $1.70. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The company had revenue of $10.36 billion during the quarter, compared to the consensus estimate of $10.40 billion. During the same quarter last year, the firm posted $1.55 EPS. The company’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. On average, equities research analysts forecast that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, April 13th. Shareholders of record on Thursday, March 19th will be paid a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Thursday, March 19th. Philip Morris International’s payout ratio is 80.88%.

Insider Buying and Selling at Philip Morris International

In other news, CFO Emmanuel Babeau sold 33,800 shares of the company’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 in the company, 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 is accessible through this link. 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 transaction, the chief executive officer directly owned 632,344 shares in the company, valued at $115,200,429.92. This trade represents a 11.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.13% of the company’s stock.

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.