Baader Bank Aktiengesellschaft Purchases New Stake in Philip Morris International Inc. $PM

Key Points

• Baader Bank opened a new position in Philip Morris International during the fourth quarter, buying 7,297 shares worth about $1.17 million.
• Institutional ownership remains heavy, with multiple large investors recently increasing their stakes and 78.63% of PM shares now held by institutions and hedge funds.
• Philip Morris reported strong quarterly results, beating estimates with $1.96 EPS and $10.15 billion in revenue, while also reaffirming a dividend that pays $5.88 annually for a 3.1% yield.

Baader Bank Aktiengesellschaft acquired a new position in shares of Philip Morris International Inc. (NYSE:PM - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 7,297 shares of the company's stock, valued at approximately $1,170,000.

A number of other large investors also recently added to or reduced their stakes in the business. Capital Research Global Investors lifted its holdings in Philip Morris International by 7.2% in the third quarter. Capital Research Global Investors now owns 43,546,533 shares of the company's stock valued at $7,063,263,000 after buying an additional 2,911,835 shares during the period. Capital World Investors raised its position in shares of Philip Morris International by 2.2% during the 3rd quarter. Capital World Investors now owns 128,776,327 shares of the company's stock valued at $20,887,743,000 after acquiring an additional 2,714,674 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of Philip Morris International by 36.3% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 9,301,112 shares of the company's stock valued at $1,491,898,000 after acquiring an additional 2,475,204 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of Philip Morris International by 1,547.2% in the 4th quarter. SG Americas Securities LLC now owns 2,260,217 shares of the company's stock valued at $362,539,000 after purchasing an additional 2,123,002 shares during the period. Finally, Lone Pine Capital LLC lifted its stake in shares of Philip Morris International by 67.3% in the 3rd quarter. Lone Pine Capital LLC now owns 4,614,443 shares of the company's stock valued at $748,463,000 after purchasing an additional 1,856,749 shares during the period. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Stock Performance

Shares of PM opened at $191.73 on Friday. The stock has a 50 day simple moving average of $166.56 and a 200 day simple moving average of $165.44. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $192.92. The firm has a market capitalization of $298.83 billion, a PE ratio of 26.97, a P/E/G ratio of 2.16 and a beta of 0.37.

Philip Morris International (NYSE:PM - Get Free Report) last announced its earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.83 by $0.13. The firm had revenue of $10.15 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 9.1% on a year-over-year basis. During the same period last year, the company posted $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. Equities research analysts predict 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. Shareholders of record on Thursday, March 19th were paid a $1.47 dividend. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $5.88 annualized dividend and a dividend yield of 3.1%. Philip Morris International's dividend payout ratio (DPR) is currently 82.70%.

Insider Transactions at Philip Morris International

In other news, CFO Emmanuel Babeau sold 33,800 shares of the company's stock in a transaction dated 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 directly owned 164,463 shares of the company's stock, valued at $29,868,125.43. This represents a 17.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Jacek Olczak sold 80,000 shares of Philip Morris International 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 in the company, valued at approximately $115,200,429.92. This represents a 11.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.13% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on PM shares. Stifel Nicolaus decreased their price objective on Philip Morris International from $200.00 to $195.00 and set a "buy" rating for the company in a research note on Friday, April 10th. UBS Group cut their target price on Philip Morris International from $181.50 to $168.00 and set a "neutral" rating on the stock in a research note on Friday, April 17th. Barclays restated an "overweight" rating and set a $205.00 target price on shares of Philip Morris International in a report on Monday, February 23rd. Citigroup upped their price target on Philip Morris International from $200.00 to $210.00 and gave the company a "buy" rating in a research note on Tuesday, February 10th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $200.00 price target on shares of Philip Morris International in a research report on Thursday, April 23rd. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $192.56.

Philip Morris International Company 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.

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