Philip Morris International Inc. $PM Shares Acquired by Benjamin Edwards Inc.

Key Points

• Benjamin Edwards Inc. increased its stake in Philip Morris International by 16.2% to 101,779 shares, valued at about $16.33 million, while institutional investors now own 78.63% of the company.
• CEO Jacek Olczak and CFO Emmanuel Babeau sold 80,000 and 33,800 shares on Feb. 19 for roughly $14.57 million and $6.14 million, respectively, reducing their ownership by 11.23% and 17.05%.
• Philip Morris topped quarterly EPS and revenue estimates, set FY2026 EPS guidance of 8.360–8.510, and faces mostly bullish analyst coverage with an average price target of $192.56; the stock yields about 3.5%.

Benjamin Edwards Inc. grew its stake in Philip Morris International Inc. (NYSE:PM - Free Report) by 16.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 101,779 shares of the company's stock after purchasing an additional 14,200 shares during the period. Benjamin Edwards Inc.'s holdings in Philip Morris International were worth $16,327,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of PM. Capital Research Global Investors increased its holdings in shares of 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 purchasing an additional 2,911,835 shares during the period. Capital World Investors increased its holdings in shares of Philip Morris International by 2.2% in the third quarter. Capital World Investors now owns 128,776,327 shares of the company's stock valued at $20,887,743,000 after purchasing an additional 2,714,674 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in shares of Philip Morris International by 36.3% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 9,301,112 shares of the company's stock valued at $1,491,898,000 after purchasing an additional 2,475,204 shares during the period. SG Americas Securities LLC increased its holdings in shares of Philip Morris International by 1,547.2% in the fourth 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 increased its holdings in shares of Philip Morris International by 67.3% in the third 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. Institutional investors and hedge funds own 78.63% of the company's stock.

Insider Buying and Selling at Philip Morris International

In other news, CEO Jacek Olczak sold 80,000 shares of the company's stock in a transaction 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 represents a 11.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Emmanuel Babeau sold 33,800 shares of the company's 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 completion of the sale, the chief financial officer owned 164,463 shares in the company, valued at $29,868,125.43. This represents a 17.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.13% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on PM shares. Barclays reissued an "overweight" rating and issued a $205.00 target price on shares of Philip Morris International in a report on Monday, February 23rd. Needham & Company LLC reissued a "buy" rating and issued a $200.00 target price on shares of Philip Morris International in a report on Thursday, April 23rd. Stifel Nicolaus dropped their target price on Philip Morris International from $200.00 to $195.00 and set a "buy" rating on the stock in a report on Friday, April 10th. Weiss Ratings reissued a "buy (b)" rating on shares of Philip Morris International in a report on Thursday, January 22nd. Finally, Citigroup upped their price objective on Philip Morris International from $200.00 to $210.00 and gave the stock a "buy" rating in a report on Tuesday, February 10th. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $192.56.

Philip Morris International Stock Up 0.9%

Shares of NYSE:PM opened at $166.60 on Friday. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $191.30. The stock's fifty day simple moving average is $167.62 and its 200-day simple moving average is $164.16. The company has a market capitalization of $259.66 billion, a P/E ratio of 23.43, a P/E/G ratio of 1.91 and a beta of 0.37.

Philip Morris International (NYSE:PM - Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.13. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The business had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $9.95 billion. During the same period in the prior year, the business earned $1.69 earnings per share. The business's revenue was up 9.1% on a year-over-year basis. 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, sell-side analysts anticipate that Philip Morris International Inc. will post 8.45 earnings per share for the current year.

Philip Morris International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 13th. Stockholders of record on Thursday, March 19th were given a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Thursday, March 19th. Philip Morris International's dividend payout ratio is currently 82.70%.

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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