Clough Capital Partners L P Has $19.34 Million Position in Philip Morris International Inc. $PM

Clough Capital Partners L P lessened its holdings in Philip Morris International Inc. (NYSE:PM) by 39.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 119,213 shares of the company’s stock after selling 76,498 shares during the period. Philip Morris International accounts for 1.7% of Clough Capital Partners L P’s holdings, making the stock its 25th biggest position. Clough Capital Partners L P’s holdings in Philip Morris International were worth $19,336,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Traub Capital Management LLC acquired a new position in shares of Philip Morris International in the second quarter valued at $25,000. Marquette Asset Management LLC raised its position in shares of Philip Morris International by 1,677.8% in the third quarter. Marquette Asset Management LLC now owns 160 shares of the company’s stock valued at $26,000 after purchasing an additional 151 shares during the period. Estabrook Capital Management acquired a new stake in shares of Philip Morris International during the 2nd quarter worth about $30,000. Dogwood Wealth Management LLC boosted its holdings in shares of Philip Morris International by 96.5% during the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after buying an additional 82 shares during the period. Finally, Anfield Capital Management LLC boosted its holdings in shares of Philip Morris International by 185.5% during the 2nd quarter. Anfield Capital Management LLC now owns 197 shares of the company’s stock worth $36,000 after buying an additional 128 shares during the period. Institutional investors and hedge funds own 78.63% of the company’s stock.

Insider Buying and Selling at Philip Morris International

In other news, CFO Emmanuel Babeau sold 33,800 shares of the business’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 owned 164,463 shares of the company’s stock, 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 is accessible through this hyperlink. Also, CEO Jacek Olczak sold 80,000 shares of Philip Morris International stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $182.18, for a total value of $14,574,400.00. Following the completion of the transaction, the chief executive officer owned 632,344 shares in the company, valued at approximately $115,200,429.92. This represents a 11.23% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.13% of the stock is owned by corporate insiders.

Philip Morris International Stock Up 1.5%

PM stock opened at $174.52 on Friday. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $191.30. The firm has a market cap of $271.67 billion, a P/E ratio of 24.00, a P/E/G ratio of 1.99 and a beta of 0.38. The company’s 50-day moving average price is $176.24 and its two-hundred day moving average price is $164.12.

Philip Morris International (NYSE:PM) last issued its quarterly earnings results on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.70. The company had revenue of $10.36 billion during the quarter, compared to the consensus estimate of $10.40 billion. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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. Equities analysts predict that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 13th. Shareholders of record on Thursday, March 19th will be paid a dividend of $1.47 per share. The ex-dividend date is Thursday, March 19th. This represents a $5.88 annualized dividend and a yield of 3.4%. Philip Morris International’s dividend payout ratio is presently 80.88%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on PM shares. JPMorgan Chase & Co. lowered their price target on shares of Philip Morris International from $190.00 to $185.00 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. Needham & Company LLC boosted their price objective on Philip Morris International from $190.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Stifel Nicolaus set a $200.00 target price on Philip Morris International in a research report on Monday, February 9th. UBS Group reiterated a “neutral” rating and set a $181.50 target price on shares of Philip Morris International in a research note on Monday, February 9th. Finally, Barclays reissued an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a report on Monday, February 23rd. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Philip Morris International currently has a consensus rating of “Moderate Buy” and a consensus target price 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.