Metis Global Partners LLC Sells 2,944 Shares of Philip Morris International Inc. $PM

Metis Global Partners LLC lowered its stake in Philip Morris International Inc. (NYSE:PM) by 5.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 51,767 shares of the company’s stock after selling 2,944 shares during the quarter. Metis Global Partners LLC’s holdings in Philip Morris International were worth $8,397,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in PM. Legacy Investment Solutions LLC bought a new position in Philip Morris International in the 2nd quarter valued at approximately $25,000. Traub Capital Management LLC bought a new stake in shares of Philip Morris International during the second quarter worth $25,000. Marquette Asset Management LLC increased its holdings in shares of Philip Morris International by 1,677.8% during 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 in the last quarter. Briaud Financial Planning Inc lifted its stake 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 last quarter. Finally, Estabrook Capital Management acquired a new stake in shares of Philip Morris International during the 2nd quarter valued at $30,000. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on PM shares. Jefferies Financial Group cut Philip Morris International from a “buy” rating to a “hold” rating and lowered their target price for the stock from $220.00 to $180.00 in a report on Tuesday, January 20th. Barclays lowered their price objective on Philip Morris International from $220.00 to $180.00 and set an “overweight” rating for the company in a research note on Monday, November 17th. Morgan Stanley reiterated an “overweight” rating and set a $205.00 target price on shares of Philip Morris International in a research report on Monday. UBS Group restated a “neutral” rating and issued a $181.50 price target on shares of Philip Morris International in a research report on Monday. Finally, Stifel Nicolaus set a $200.00 price target on shares of Philip Morris International in a research note on Monday. Eleven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $194.06.

Philip Morris International Stock Performance

Philip Morris International stock opened at $188.77 on Friday. The firm has a market cap of $293.86 billion, a price-to-earnings ratio of 25.97, a PEG ratio of 2.06 and a beta of 0.39. 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 moving average price of $166.55 and a two-hundred day moving average price of $162.14.

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, 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 analysts’ expectations of $10.40 billion. During the same period in the prior year, the company posted $1.55 earnings per share. Philip Morris International’s revenue for the quarter was up 6.8% compared to the same quarter last year. 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. As a group, equities research analysts predict that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Friday, December 26th were given a $1.47 dividend. The ex-dividend date of this dividend was Friday, December 26th. This represents a $5.88 annualized dividend and a dividend yield of 3.1%. Philip Morris International’s dividend payout ratio (DPR) is 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.