Altfest L J & Co. Inc. Purchases 14,583 Shares of Philip Morris International Inc. $PM

Key Points

• Altfest L J & Co. Inc. boosted its stake in Philip Morris (NYSE:PM) by 420.9% in Q4, acquiring an additional 14,583 shares for a total holding of 18,048 shares valued at about $2.895 million.
• Philip Morris reported Q4 EPS of $1.70 (in line with estimates) and revenue of $10.36 billion, set Q1 2026 guidance of $1.80–1.85 and FY 2026 guidance of $8.380–8.530, and declared a quarterly dividend of $1.47 per share (3.7% yield).
• Insider sales: CFO Emmanuel Babeau sold 33,800 shares (~$6.14M) and CEO Jacek Olczak sold 80,000 shares (~$14.57M) on Feb. 19, representing notable reductions in their positions.

Altfest L J & Co. Inc. lifted its position in Philip Morris International Inc. (NYSE:PM - Free Report) by 420.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,048 shares of the company's stock after acquiring an additional 14,583 shares during the quarter. Altfest L J & Co. Inc.'s holdings in Philip Morris International were worth $2,895,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in PM. Brighton Jones LLC lifted its holdings in Philip Morris International by 31.1% during the 4th quarter. Brighton Jones LLC now owns 8,531 shares of the company's stock valued at $1,027,000 after buying an additional 2,023 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in Philip Morris International by 4.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company's stock valued at $252,000 after buying an additional 91 shares in the last quarter. Sivia Capital Partners LLC lifted its holdings in Philip Morris International by 53.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company's stock valued at $1,027,000 after buying an additional 1,970 shares in the last quarter. Jump Financial LLC bought a new stake in Philip Morris International during the 2nd quarter valued at about $2,454,000. Finally, Osterweis Capital Management Inc. lifted its holdings in Philip Morris International by 2,280.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 357 shares of the company's stock valued at $65,000 after buying an additional 342 shares in the last quarter. Institutional investors own 78.63% of the company's stock.

Philip Morris International Stock Down 0.5%

Shares of Philip Morris International stock opened at $160.40 on Friday. The firm's 50 day moving average price is $173.79 and its 200-day moving average price is $163.95. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $191.30. The company has a market cap of $249.98 billion, a P/E ratio of 22.06, a PEG ratio of 1.83 and a beta of 0.43.

Philip Morris International (NYSE:PM - Get Free Report) last issued its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $1.70. The firm had revenue of $10.36 billion for 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 company's quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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. As a group, equities 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 announced a quarterly dividend, which will be paid on Monday, April 13th. Shareholders of record on Thursday, March 19th will be given a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Thursday, March 19th. Philip Morris International's payout ratio is currently 80.88%.

Insider Activity at Philip Morris International

In other Philip Morris International news, CFO Emmanuel Babeau sold 33,800 shares of the business's stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $181.61, for a total transaction of $6,138,418.00. Following the sale, 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 document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Jacek Olczak sold 80,000 shares of the business's stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 632,344 shares in the company, valued at approximately $115,200,429.92. This represents a 11.23% decrease in their position. The SEC filing for this sale provides additional information. 0.13% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of brokerages recently weighed in on PM. UBS Group reiterated a "neutral" rating and set a $181.50 price objective on shares of Philip Morris International in a report on Monday, February 9th. Jefferies Financial Group lowered shares of Philip Morris International from a "buy" rating to a "hold" rating and decreased their price objective for the company from $220.00 to $180.00 in a report on Tuesday, January 20th. Barclays reiterated an "overweight" rating and set a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. Needham & Company LLC lifted their price objective on shares of Philip Morris International from $190.00 to $205.00 and gave the company a "buy" rating in a report on Tuesday, February 10th. Finally, Wall Street Zen lowered shares of Philip Morris International from a "buy" rating to a "hold" rating in a report on Saturday, January 10th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $196.28.

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.

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