Philip Morris International Inc. $PM Shares Purchased by Focus Partners Wealth

Key Points

• Focus Partners Wealth boosted its stake in Philip Morris by 57.9% in Q3, acquiring an additional 202,769 shares to hold 552,807 shares valued at about $89.66 million, and institutional investors now own roughly 78.63% of the stock.
• Analysts rate PM a consensus Moderate Buy (ten Buy, two Hold) with an average price target of $196.83.
• Philip Morris reported Q4 EPS of $1.70 (in line) and revenue of $10.36B (slightly below estimates), issued FY2026 EPS guidance of 8.380–8.530, and declared a quarterly dividend of $1.47 (annualized $5.88, ~3.4% yield; ex-dividend Mar 19).

Focus Partners Wealth lifted its stake in Philip Morris International Inc. (NYSE:PM - Free Report) by 57.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 552,807 shares of the company's stock after purchasing an additional 202,769 shares during the quarter. Focus Partners Wealth's holdings in Philip Morris International were worth $89,664,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in Philip Morris International by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 143,468,448 shares of the company's stock valued at $23,270,582,000 after purchasing an additional 611,393 shares in the last quarter. Capital World Investors lifted its stake in shares of Philip Morris International by 2.2% during the third quarter. Capital World Investors now owns 128,776,327 shares of the company's stock worth $20,887,743,000 after buying an additional 2,714,674 shares during the period. Capital International Investors grew its holdings in shares of Philip Morris International by 1.0% during the third quarter. Capital International Investors now owns 89,150,871 shares of the company's stock valued at $14,461,220,000 after buying an additional 882,885 shares during the last quarter. State Street Corp grew its holdings in shares of Philip Morris International by 1.6% during the second quarter. State Street Corp now owns 55,831,655 shares of the company's stock valued at $10,243,429,000 after buying an additional 871,165 shares during the last quarter. Finally, Capital Research Global Investors increased its position in shares of Philip Morris International by 7.2% in the 3rd quarter. Capital Research Global Investors now owns 43,546,533 shares of the company's stock valued at $7,063,263,000 after acquiring an additional 2,911,835 shares during the period. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently issued reports on PM. Wall Street Zen lowered Philip Morris International from a "buy" rating to a "hold" rating in a research note on Saturday, January 10th. Stifel Nicolaus set a $200.00 price target on Philip Morris International in a research note on Monday, February 9th. Barclays reissued an "overweight" rating and issued a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. Needham & Company LLC raised their price objective on Philip Morris International from $190.00 to $205.00 and gave the stock a "buy" rating in a research note on Tuesday, February 10th. Finally, JPMorgan Chase & Co. dropped their target price on Philip Morris International from $190.00 to $185.00 and set an "overweight" rating on the stock in a research report on Wednesday, November 26th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $196.83.

Philip Morris International Price Performance

NYSE PM opened at $174.74 on Tuesday. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $191.30. The company has a market capitalization of $272.01 billion, a PE ratio of 24.04, a P/E/G ratio of 1.99 and a beta of 0.38. The company has a fifty day moving average of $176.53 and a 200 day moving average of $164.19.

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

Philip Morris International Dividend Announcement

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

Insider Activity at Philip Morris International

In other Philip Morris International news, CFO Emmanuel Babeau sold 33,800 shares of the business'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 value 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 approximately $29,868,125.43. The trade was a 17.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed 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 completion of the sale, the chief executive officer owned 632,344 shares in the company, valued at approximately $115,200,429.92. This represents a 11.23% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.13% of the stock is currently owned by company insiders.

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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