Philip Morris International Inc. $PM Shares Bought by Pittenger & Anderson Inc.

Key Points

• Pittenger & Anderson Inc. boosted its stake in Philip Morris by 165.5%, adding 22,378 shares to hold 35,896 shares worth roughly $5.76 million at the end of the fourth quarter.
• Philip Morris beat quarterly estimates with $1.96 EPS (vs. $1.83 expected) and $10.15B revenue, set FY2026 EPS guidance of 8.360–8.510, and pays a quarterly dividend of $1.47 (≈3.5% yield).
• Corporate insiders sold sizable positions in February (CFO Emmanuel Babeau sold 33,800 shares and CEO Jacek Olczak sold 80,000 shares), while institutional investors own about 78.63% of the stock.

Pittenger & Anderson Inc. boosted its holdings in shares of Philip Morris International Inc. (NYSE:PM - Free Report) by 165.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,896 shares of the company's stock after acquiring an additional 22,378 shares during the period. Pittenger & Anderson Inc.'s holdings in Philip Morris International were worth $5,758,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of PM. Aurora Private Wealth Inc. acquired a new position in Philip Morris International during the fourth quarter worth approximately $250,000. Benjamin Edwards Inc. increased its position in Philip Morris International by 16.2% during the fourth quarter. Benjamin Edwards Inc. now owns 101,779 shares of the company's stock worth $16,327,000 after purchasing an additional 14,200 shares during the last quarter. Strs Ohio increased its position in Philip Morris International by 23.2% during the fourth quarter. Strs Ohio now owns 589,079 shares of the company's stock worth $94,488,000 after purchasing an additional 110,781 shares during the last quarter. Riverstone Advisors LLC increased its position in Philip Morris International by 12.8% during the fourth quarter. Riverstone Advisors LLC now owns 2,369 shares of the company's stock worth $380,000 after purchasing an additional 269 shares during the last quarter. Finally, Sandro Wealth Management LLC acquired a new position in Philip Morris International during the fourth quarter worth approximately $295,000. Institutional investors and hedge funds own 78.63% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on PM shares. Stifel Nicolaus dropped their price target on shares of Philip Morris International from $200.00 to $195.00 and set a "buy" rating for the company in a research report on Friday, April 10th. Citigroup upped 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 report on Tuesday, February 10th. Morgan Stanley dropped their price target on shares of Philip Morris International from $205.00 to $190.00 and set an "overweight" rating for the company in a research report on Friday, April 17th. UBS Group decreased their price objective on shares of Philip Morris International from $181.50 to $168.00 and set a "neutral" rating for the company in a research note on Friday, April 17th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Philip Morris International in a research note on Thursday, January 22nd. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $192.56.

Philip Morris International Trading Up 0.9%

Shares of NYSE PM opened at $166.60 on Friday. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $191.30. The company has a market cap 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. The stock has a fifty day moving average price of $167.62 and a 200 day moving average price of $164.16.

Philip Morris International (NYSE:PM - Get Free Report) last announced its quarterly earnings results 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 firm had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.95 billion. During the same period in the prior year, the firm earned $1.69 EPS. The firm's quarterly revenue was up 9.1% compared to the same quarter last year. 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 forecast that Philip Morris International Inc. will post 8.45 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

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

Insider Buying and Selling at Philip Morris International

In other news, 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 transaction, the chief financial officer directly owned 164,463 shares in the company, valued at approximately $29,868,125.43. This represents a 17.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jacek Olczak sold 80,000 shares of the company's stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $182.18, for a total transaction of $14,574,400.00. Following the completion of the transaction, the chief executive officer owned 632,344 shares of the company's stock, valued at $115,200,429.92. This trade represents a 11.23% 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 currently owned by corporate insiders.

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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