Cambria Investment Management L.P. Grows Stock Holdings in Philip Morris International Inc. $PM

Cambria Investment Management L.P. boosted its holdings in Philip Morris International Inc. (NYSE:PM) by 146.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,474 shares of the company’s stock after buying an additional 5,030 shares during the quarter. Cambria Investment Management L.P.’s holdings in Philip Morris International were worth $1,443,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of PM. Second Line Capital LLC boosted its position in shares of Philip Morris International by 4.8% during the 2nd quarter. Second Line Capital LLC now owns 1,338 shares of the company’s stock worth $245,000 after acquiring an additional 61 shares in the last quarter. Meridian Wealth Partners LLC lifted its stake in Philip Morris International by 3.1% during the second quarter. Meridian Wealth Partners LLC now owns 2,060 shares of the company’s stock worth $375,000 after purchasing an additional 62 shares during the last quarter. Bernardo Wealth Planning LLC boosted its holdings in Philip Morris International by 1.8% in the second quarter. Bernardo Wealth Planning LLC now owns 3,584 shares of the company’s stock valued at $653,000 after purchasing an additional 62 shares in the last quarter. Raiffeisen Bank International AG increased its stake in Philip Morris International by 1.4% in the second quarter. Raiffeisen Bank International AG now owns 4,471 shares of the company’s stock valued at $803,000 after purchasing an additional 63 shares during the last quarter. Finally, Nia Impact Advisors LLC raised its holdings in Philip Morris International by 4.2% during the second quarter. Nia Impact Advisors LLC now owns 1,577 shares of the company’s stock worth $287,000 after purchasing an additional 63 shares in the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Stock Performance

Shares of NYSE:PM opened at $178.77 on Thursday. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $191.30. The stock has a market capitalization of $278.29 billion, a price-to-earnings ratio of 24.59, a PEG ratio of 2.03 and a beta of 0.38. The company has a 50-day simple moving average of $174.83 and a 200-day simple moving average of $164.05.

Philip Morris International (NYSE:PM) last issued its quarterly earnings results on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.70. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The firm had revenue of $10.36 billion for the quarter, compared to analysts’ expectations of $10.40 billion. During the same quarter in the previous year, the firm posted $1.55 EPS. The firm’s revenue for the quarter 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. As a group, research analysts forecast that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Friday, December 26th were issued a dividend of $1.47 per share. The ex-dividend date of this dividend was Friday, December 26th. This represents a $5.88 annualized dividend and a dividend yield of 3.3%. Philip Morris International’s dividend payout ratio (DPR) is currently 80.88%.

Insiders Place Their Bets

In other news, CFO Emmanuel Babeau sold 33,800 shares of the firm’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $181.61, for a total value of $6,138,418.00. Following the completion of the sale, the chief financial officer owned 164,463 shares in the company, valued at approximately $29,868,125.43. This trade represents a 17.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jacek Olczak sold 80,000 shares of the business’s 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 owned 632,344 shares in the company, valued at approximately $115,200,429.92. This trade represents a 11.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

PM has been the subject of several research analyst reports. Jefferies Financial Group cut shares of Philip Morris International from a “buy” rating to a “hold” rating and lowered their target price for the company from $220.00 to $180.00 in a report on Tuesday, January 20th. Needham & Company LLC upped their price objective on shares of Philip Morris International from $190.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. 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, February 9th. UBS Group reissued a “neutral” rating and issued a $181.50 target price on shares of Philip Morris International in a report on Monday, February 9th. Finally, Citigroup raised their price target on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Eleven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Philip Morris International presently has an average rating of “Moderate Buy” and an average price target of $196.83.

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.