HighTower Advisors LLC Sells 119,961 Shares of Philip Morris International Inc. $PM

HighTower Advisors LLC lessened its position in Philip Morris International Inc. (NYSE:PM) by 11.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 939,147 shares of the company’s stock after selling 119,961 shares during the quarter. HighTower Advisors LLC owned 0.06% of Philip Morris International worth $152,333,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC purchased a new position in shares of Philip Morris International during the second quarter valued at approximately $25,000. Traub Capital Management LLC bought a new stake in shares of Philip Morris International during the 2nd quarter worth approximately $25,000. Marquette Asset Management LLC boosted its holdings in Philip Morris International by 1,677.8% during the 3rd quarter. Marquette Asset Management LLC now owns 160 shares of the company’s stock valued at $26,000 after acquiring an additional 151 shares during the period. Briaud Financial Planning Inc grew its position in 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 purchased a new stake in Philip Morris International in the second quarter worth $30,000. 78.63% of the stock is currently owned by institutional investors.

Philip Morris International Stock Performance

NYSE PM opened at $187.35 on Monday. The company has a market cap of $291.64 billion, a PE ratio of 25.77, a P/E/G ratio of 2.14 and a beta of 0.39. The firm’s 50 day moving average price is $167.34 and its 200-day moving average price is $162.35. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $190.98.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Friday, February 6th. The company reported $1.70 EPS for the quarter, hitting analysts’ consensus estimates 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 in the previous year, the firm 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. On average, analysts forecast 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 was paid on Wednesday, January 14th. Stockholders of record on Friday, December 26th were issued a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Friday, December 26th. Philip Morris International’s dividend payout ratio (DPR) is currently 80.88%.

Analyst Upgrades and Downgrades

PM has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. lowered their target price on shares of Philip Morris International from $190.00 to $185.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. Morgan Stanley reissued an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a research report on Monday, February 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research report on Thursday, January 22nd. Needham & Company LLC boosted their price target on Philip Morris International from $190.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Finally, UBS Group restated a “neutral” rating and set a $181.50 price objective on shares of Philip Morris International in a report on Monday, February 9th. Eleven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $194.06.

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.