Retirement Planning Group LLC Lowers Holdings in Philip Morris International Inc. $PM

Retirement Planning Group LLC decreased its holdings in Philip Morris International Inc. (NYSE:PM) by 11.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 29,928 shares of the company’s stock after selling 3,755 shares during the period. Retirement Planning Group LLC’s holdings in Philip Morris International were worth $4,800,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of PM. Capital Research Global Investors grew its holdings in shares of Philip Morris International by 7.2% during the 3rd quarter. Capital Research Global Investors now owns 43,546,533 shares of the company’s stock worth $7,063,263,000 after purchasing an additional 2,911,835 shares during the period. Capital World Investors grew its holdings in shares of Philip Morris International by 2.2% during the 3rd quarter. Capital World Investors now owns 128,776,327 shares of the company’s stock worth $20,887,743,000 after purchasing an additional 2,714,674 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in shares of Philip Morris International by 36.3% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 9,301,112 shares of the company’s stock worth $1,491,898,000 after purchasing an additional 2,475,204 shares during the period. SG Americas Securities LLC grew its holdings in shares of Philip Morris International by 1,547.2% during the 4th quarter. SG Americas Securities LLC now owns 2,260,217 shares of the company’s stock worth $362,539,000 after purchasing an additional 2,123,002 shares during the period. Finally, Lone Pine Capital LLC grew its holdings in shares of Philip Morris International by 67.3% during the 3rd quarter. Lone Pine Capital LLC now owns 4,614,443 shares of the company’s stock worth $748,463,000 after purchasing an additional 1,856,749 shares during the period. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Emmanuel Babeau sold 33,800 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $181.61, for a total transaction of $6,138,418.00. Following the completion of the transaction, the chief financial officer directly owned 164,463 shares in the company, valued at $29,868,125.43. This represents a 17.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 value of $14,574,400.00. Following the transaction, the chief executive officer owned 632,344 shares of the company’s stock, valued at approximately $115,200,429.92. The trade was a 11.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.13% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Needham & Company LLC reiterated a “buy” rating and set a $200.00 target price on shares of Philip Morris International in a report on Thursday, April 23rd. Stifel Nicolaus decreased their target price on Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a report on Friday, April 10th. Jefferies Financial Group cut Philip Morris International from a “buy” rating to a “hold” rating and decreased their target price for the stock from $220.00 to $180.00 in a report on Tuesday, January 20th. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a report on Thursday, January 22nd. Finally, Wall Street Zen cut Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Philip Morris International currently has a consensus rating of “Moderate Buy” and a consensus price target of $192.56.

Philip Morris International Trading Up 0.8%

PM stock opened at $170.77 on Thursday. The firm has a market cap of $266.15 billion, a P/E ratio of 24.02, a P/E/G ratio of 1.95 and a beta of 0.37. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $191.30. The stock’s 50 day simple moving average is $167.01 and its 200 day simple moving average is $164.38.

Philip Morris International (NYSE:PM) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.13. The business had revenue of $10.15 billion for the quarter, compared to analyst estimates of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The business’s revenue was up 9.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.69 EPS. Philip Morris International has set its FY 2026 guidance at 8.360-8.510 EPS and its Q2 2026 guidance at 2.020-2.070 EPS. On average, research analysts forecast that Philip Morris International Inc. will post 8.45 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 13th. Investors of record on Thursday, March 19th were paid a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date was Thursday, March 19th. Philip Morris International’s dividend payout ratio is presently 82.70%.

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.