Philip Morris International Inc. $PM is Capital International Sarl's 10th Largest Position

Key Points

• Capital International Sarl increased its stake in Philip Morris by 10.8% in Q3 to 611,262 shares, making PM its 10th-largest holding valued at about $99.15 million.
• Analysts remain broadly positive with 11 Buy ratings and 2 Holds, an average target price of $196.83, and several recent price-target raises (Citigroup to $210, Morgan Stanley $205, Needham $205).
• Company insiders executed large sales on Feb 19 — CFO Emmanuel Babeau sold 33,800 shares and CEO Jacek Olczak sold 80,000 shares — while Philip Morris pays a quarterly dividend of $1.47 (annualized yield ~3.4%).

Capital International Sarl increased its holdings in Philip Morris International Inc. (NYSE:PM - Free Report) by 10.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 611,262 shares of the company's stock after acquiring an additional 59,679 shares during the quarter. Philip Morris International comprises approximately 1.7% of Capital International Sarl's portfolio, making the stock its 10th biggest position. Capital International Sarl's holdings in Philip Morris International were worth $99,147,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of PM. Corient Private Wealth LLC increased its stake in shares of Philip Morris International by 1.2% in the 2nd quarter. Corient Private Wealth LLC now owns 490,590 shares of the company's stock worth $89,354,000 after acquiring an additional 5,681 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Philip Morris International by 10.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 549,481 shares of the company's stock worth $84,922,000 after buying an additional 51,399 shares during the last quarter. Trajan Wealth LLC lifted its stake in shares of Philip Morris International by 31.2% in the third quarter. Trajan Wealth LLC now owns 132,295 shares of the company's stock worth $21,458,000 after buying an additional 31,490 shares in the last quarter. Dynasty Wealth Management LLC increased its position in shares of Philip Morris International by 53.0% during the third quarter. Dynasty Wealth Management LLC now owns 27,772 shares of the company's stock valued at $4,505,000 after acquiring an additional 9,622 shares in the last quarter. Finally, Westwood Holdings Group Inc. lifted its position in Philip Morris International by 295.8% in the 2nd quarter. Westwood Holdings Group Inc. now owns 67,717 shares of the company's stock valued at $12,333,000 after acquiring an additional 50,610 shares in the last quarter. Institutional investors own 78.63% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on PM shares. Stifel Nicolaus set a $200.00 price target on Philip Morris International in a report on Monday, February 9th. Citigroup lifted their price target on shares of Philip Morris International from $200.00 to $210.00 and gave the stock a "buy" rating in a research note on Tuesday, February 10th. Morgan Stanley restated an "overweight" rating and issued a $205.00 target price on shares of Philip Morris International in a report on Monday, February 9th. Wall Street Zen lowered Philip Morris International from a "buy" rating to a "hold" rating in a report on Saturday, January 10th. Finally, Needham & Company LLC upped their price target on shares of Philip Morris International from $190.00 to $205.00 and gave the company a "buy" rating in a research report on Tuesday, February 10th. Eleven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $196.83.

Philip Morris International Price Performance

Philip Morris International stock opened at $173.07 on Tuesday. The firm's 50 day moving average price is $175.37 and its 200-day moving average price is $164.01. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $191.30. The stock has a market cap of $269.42 billion, a P/E ratio of 23.81, a PEG ratio of 1.94 and a beta of 0.38.

Philip Morris International (NYSE:PM - Get Free Report) last posted its earnings results on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, meeting the consensus estimate of $1.70. The company had revenue of $10.36 billion during the quarter, compared to analysts' expectations of $10.40 billion. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. Philip Morris International's quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the company posted $1.55 earnings per share. 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 analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

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

Insider Activity at Philip Morris International

In other Philip Morris International news, CFO Emmanuel Babeau sold 33,800 shares of the firm's stock in a transaction that occurred 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 in the company, valued at $29,868,125.43. This trade represents a 17.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Jacek Olczak sold 80,000 shares of the company'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 value 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. This trade represents a 11.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.13% of the company's stock.

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.

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