Savoir Faire Capital Management L.P. Sells 7,028 Shares of Philip Morris International Inc. $PM

Savoir Faire Capital Management L.P. reduced its position in Philip Morris International Inc. (NYSE:PM) by 7.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 88,448 shares of the company’s stock after selling 7,028 shares during the quarter. Philip Morris International makes up about 6.7% of Savoir Faire Capital Management L.P.’s portfolio, making the stock its largest position. Savoir Faire Capital Management L.P.’s holdings in Philip Morris International were worth $14,187,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. GenTrust LLC raised its stake in Philip Morris International by 16.4% during the fourth quarter. GenTrust LLC now owns 2,140 shares of the company’s stock worth $346,000 after buying an additional 302 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its position in Philip Morris International by 3.1% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 192,034 shares of the company’s stock valued at $30,802,000 after acquiring an additional 5,806 shares during the last quarter. Sigma Planning Corp boosted its position in Philip Morris International by 24.3% during the fourth quarter. Sigma Planning Corp now owns 17,843 shares of the company’s stock valued at $2,866,000 after acquiring an additional 3,492 shares during the last quarter. Belleair Asset Management LLC acquired a new stake in Philip Morris International during the 4th quarter worth about $313,000. Finally, North Star Investment Management Corp. grew its holdings in Philip Morris International by 2.5% during the 4th quarter. North Star Investment Management Corp. now owns 9,571 shares of the company’s stock worth $1,535,000 after acquiring an additional 236 shares during the period. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently issued reports on PM shares. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research note on Thursday, January 22nd. Wall Street Zen cut Philip Morris International from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Stifel Nicolaus lowered 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 lowered Philip Morris International from a “buy” rating to a “hold” rating and dropped their price target for the company from $220.00 to $180.00 in a research note on Tuesday, January 20th. Finally, Morgan Stanley cut their price target on Philip Morris International from $205.00 to $190.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Philip Morris International currently has an average rating of “Moderate Buy” and an average price target of $192.56.

Philip Morris International Trading Up 1.7%

PM opened at $165.40 on Friday. The company has a fifty day moving average price of $167.62 and a two-hundred day moving average price of $164.12. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $191.30. The company has a market cap of $257.79 billion, a P/E ratio of 23.26, a price-to-earnings-growth ratio of 1.87 and a beta of 0.43.

Philip Morris International (NYSE:PM) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.13. The company had revenue of $10.15 billion for the quarter, compared to analysts’ expectations of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The business’s revenue was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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 Announces Dividend

The company also recently declared 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 3.6%. The ex-dividend date of this dividend was Thursday, March 19th. Philip Morris International’s dividend payout ratio is 82.70%.

Insider Activity at Philip Morris International

In other Philip Morris International news, CFO Emmanuel Babeau sold 33,800 shares of the stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $181.61, for a total value of $6,138,418.00. Following the transaction, the chief financial officer owned 164,463 shares in the company, valued at approximately $29,868,125.43. This represents a 17.05% decrease in their ownership of the stock. The sale 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 firm’s stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 632,344 shares of the company’s stock, valued at $115,200,429.92. This trade 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 currently owned by corporate insiders.

About Philip Morris International

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.