CoreCap Advisors LLC Purchases 6,119 Shares of Philip Morris International Inc. $PM

CoreCap Advisors LLC grew its position in shares of Philip Morris International Inc. (NYSE:PM) by 15.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 44,617 shares of the company’s stock after buying an additional 6,119 shares during the quarter. CoreCap Advisors LLC’s holdings in Philip Morris International were worth $7,157,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mather Group LLC. boosted its stake in Philip Morris International by 3.4% during the 4th quarter. Mather Group LLC. now owns 17,654 shares of the company’s stock valued at $2,832,000 after purchasing an additional 579 shares during the last quarter. Norden Group LLC raised its stake in shares of Philip Morris International by 4.4% in the fourth quarter. Norden Group LLC now owns 45,062 shares of the company’s stock worth $7,228,000 after purchasing an additional 1,907 shares during the last quarter. Mayflower Financial Advisors LLC raised its stake in shares of Philip Morris International by 13.3% in the fourth quarter. Mayflower Financial Advisors LLC now owns 14,421 shares of the company’s stock worth $2,313,000 after purchasing an additional 1,688 shares during the last quarter. Ferguson Wellman Capital Management Inc. lifted its holdings in shares of Philip Morris International by 0.9% during the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 486,570 shares of the company’s stock valued at $78,046,000 after purchasing an additional 4,443 shares in the last quarter. Finally, Olistico Wealth LLC bought a new position in shares of Philip Morris International during the fourth quarter valued at $90,000. Institutional investors own 78.63% of the company’s stock.

Insider Buying and Selling

In related news, CFO Emmanuel Babeau sold 33,800 shares of Philip Morris International stock in a transaction on 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. The trade was a 17.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jacek Olczak sold 80,000 shares of the company’s stock in a transaction on 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 completion of the transaction, the chief executive officer directly owned 632,344 shares of the company’s stock, valued at $115,200,429.92. This represents a 11.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on PM. Citigroup raised their price target on shares of Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a report on Thursday, January 22nd. Wall Street Zen downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Barclays restated an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a report on Monday, February 23rd. Finally, Needham & Company LLC lifted their target price 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, February 10th. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $196.83.

Philip Morris International Price Performance

NYSE:PM opened at $162.48 on Friday. The firm has a market capitalization of $252.93 billion, a price-to-earnings ratio of 22.35, a price-to-earnings-growth ratio of 1.88 and a beta of 0.38. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $191.30. The business has a fifty day moving average price of $176.80 and a 200-day moving average price of $164.22.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.70. The firm had revenue of $10.36 billion for the quarter, compared to analysts’ expectations of $10.40 billion. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.55 EPS. 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 expect that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, April 13th. Shareholders of record on Thursday, March 19th will be given a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Thursday, March 19th. Philip Morris International’s dividend payout ratio is presently 80.88%.

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.