Foster Victor Wealth Advisors LLC Acquires 7,682 Shares of Philip Morris International Inc. $PM

Key Points

• Foster Victor Wealth Advisors LLC raised its stake in Philip Morris by 7.2%, buying 7,682 shares to hold 114,734 shares valued at about $19.92M, making PM its 19th largest position (1.2% of the fund).
• Significant insider selling occurred: CEO Jacek Olczak sold 80,000 shares (~$14.57M) and CFO Emmanuel Babeau sold 33,800 shares (~$6.14M), reducing their ownership by 11.23% and 17.05%, respectively.
• Analysts maintain a consensus "Moderate Buy" with an average price target of $195.72 despite recent modest cuts, and Philip Morris pays a quarterly dividend of $1.47 (annualized $5.88) for a ~3.7% yield with an ~80.9% payout ratio.

Foster Victor Wealth Advisors LLC raised its holdings in Philip Morris International Inc. (NYSE:PM - Free Report) by 7.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 114,734 shares of the company's stock after buying an additional 7,682 shares during the quarter. Philip Morris International comprises 1.2% of Foster Victor Wealth Advisors LLC's investment portfolio, making the stock its 19th largest position. Foster Victor Wealth Advisors LLC's holdings in Philip Morris International were worth $19,920,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Marquette Asset Management LLC grew its position in shares of Philip Morris International by 1,677.8% in the 3rd quarter. Marquette Asset Management LLC now owns 160 shares of the company's stock worth $26,000 after buying an additional 151 shares during the last quarter. Dogwood Wealth Management LLC grew its position in shares of Philip Morris International by 96.5% in 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 last quarter. Measured Wealth Private Client Group LLC bought a new stake in shares of Philip Morris International in the 3rd quarter worth approximately $32,000. FNY Investment Advisers LLC bought a new stake in shares of Philip Morris International in the 3rd quarter worth approximately $33,000. Finally, Legacy Bridge LLC bought a new stake in shares of Philip Morris International in the 4th quarter worth approximately $35,000. 78.63% of the stock is currently owned by institutional investors.

Philip Morris International News Summary

Here are the key news stories impacting Philip Morris International this week:

• Positive Sentiment: PM announced a $50 million investment to open a business solutions center in Tampa, Florida, expanding U.S. operations and signaling continued reinvestment and cost/consolidation benefits. Read More.
• Positive Sentiment: Philip Morris will serve as Principal Partner of Ferrari Hypersail, reinforcing its brand partnerships and innovation narrative (helpful for investor perception around transformation away from combustible tobacco). Read More.
• Positive Sentiment: A comparative piece argues Philip Morris is executing a credible transformation vs. Altria, framing PM’s dividend and strategic story as more sustainable — a narrative that can support investor confidence. Read More.
• Neutral Sentiment: PM appears in broader coverage of “cash‑producing” stocks; these pieces can drive retail interest but don’t add new company‑specific catalysts. Read More.
• Negative Sentiment: Needham cut its price target from $205 to $200 but kept a “buy” rating — a modest downgrade that still implies meaningful upside but contributes to near‑term selling pressure. Read More.
• Negative Sentiment: Stifel lowered its price target to $195, another analyst trim that adds to downward pressure on the stock amid profit‑taking and re‑rating risk. Read More.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on PM shares. Barclays reiterated an "overweight" rating and issued a $205.00 price objective on shares of Philip Morris International in a research report on Monday, February 23rd. Needham & Company LLC cut their price objective on Philip Morris International from $205.00 to $200.00 and set a "buy" rating on the stock in a research report on Monday. Stifel Nicolaus cut their price objective on Philip Morris International from $200.00 to $195.00 and set a "buy" rating on the stock in a research report on Friday, April 10th. Morgan Stanley reiterated an "overweight" rating and issued a $205.00 price objective on shares of Philip Morris International in a research report on Monday, February 9th. Finally, Citigroup lifted their price target on Philip Morris International from $200.00 to $210.00 and gave the company a "buy" rating in a research report on Tuesday, February 10th. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Philip Morris International currently has a consensus rating of "Moderate Buy" and an average price target of $195.72.

Insider Activity at Philip Morris International

In related news, CEO Jacek Olczak sold 80,000 shares of Philip Morris International 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 $115,200,429.92. The trade was a 11.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Emmanuel Babeau sold 33,800 shares of Philip Morris International 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 transaction, the chief financial officer owned 164,463 shares of the company's stock, valued at $29,868,125.43. The trade was a 17.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.13% of the company's stock.

Philip Morris International Stock Down 2.0%

NYSE PM opened at $159.48 on Wednesday. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $191.30. The firm has a market capitalization of $248.55 billion, a PE ratio of 21.94, a P/E/G ratio of 1.91 and a beta of 0.43. The stock's 50 day moving average is $173.10 and its 200 day moving average is $163.91.

Philip Morris International (NYSE:PM - Get Free Report) last released its quarterly earnings results on Friday, February 6th. The company reported $1.70 earnings per share 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 company had revenue of $10.36 billion for the quarter, compared to analyst estimates of $10.40 billion. During the same period in the previous year, the company posted $1.55 earnings per share. The firm's revenue 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. On average, research analysts anticipate that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, April 13th. Investors of record on Thursday, March 19th were given a dividend of $1.47 per share. The ex-dividend date was Thursday, March 19th. This represents a $5.88 annualized dividend and a dividend yield of 3.7%. Philip Morris International's payout ratio is currently 80.88%.

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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