Philip Morris International Inc. $PM Shares Purchased by Schroder Investment Management Group

Key Points

• Schroder Investment Management increased its stake in Philip Morris by 10.2% in Q3, buying 27,979 shares to hold 302,173 shares worth about $49.25 million at quarter-end.
• Insider sales were material: CFO Emmanuel Babeau sold 33,800 shares for ~$6.14 million (a 17.05% drop in his stake) and CEO Jacek Olczak sold 80,000 shares for ~$14.57 million (an 11.23% reduction).
• Philip Morris declared a quarterly dividend of $1.47 ($5.88 annualized) with an ex-dividend/record date of March 19 and a pay date of April 13, implying a yield of about 3.4%.

Schroder Investment Management Group grew its holdings in shares of Philip Morris International Inc. (NYSE:PM - Free Report) by 10.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 302,173 shares of the company's stock after purchasing an additional 27,979 shares during the quarter. Schroder Investment Management Group's holdings in Philip Morris International were worth $49,251,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Traub Capital Management LLC acquired a new position in Philip Morris International during the second quarter worth about $25,000. Marquette Asset Management LLC raised its holdings in Philip Morris International by 1,677.8% in the 3rd quarter. Marquette Asset Management LLC now owns 160 shares of the company's stock valued at $26,000 after acquiring an additional 151 shares during the last quarter. Estabrook Capital Management acquired a new stake in Philip Morris International in the 2nd quarter valued at about $30,000. Dogwood Wealth Management LLC lifted its stake in 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 purchasing an additional 82 shares in the last quarter. Finally, Anfield Capital Management LLC lifted its stake in Philip Morris International by 185.5% in the 2nd quarter. Anfield Capital Management LLC now owns 197 shares of the company's stock worth $36,000 after purchasing an additional 128 shares in the last quarter. Hedge funds and other institutional investors own 78.63% of the company's stock.

Insider Activity

In other Philip Morris International news, CFO Emmanuel Babeau sold 33,800 shares of the company's stock in a transaction dated 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. This represents a 17.05% decrease in their ownership of the stock. 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 stock in a transaction dated 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 transaction, the chief executive officer directly owned 632,344 shares of the company's stock, valued at approximately $115,200,429.92. This trade represents a 11.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.13% of the stock is currently owned by insiders.

Philip Morris International Stock Performance

PM stock opened at $172.78 on Wednesday. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $191.30. The firm has a market cap of $268.96 billion, a PE ratio of 23.77, a PEG ratio of 1.97 and a beta of 0.38. The firm's 50 day moving average price is $175.58 and its 200-day moving average price is $164.02.

Philip Morris International (NYSE:PM - Get Free Report) last issued its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, hitting 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 during the quarter, compared to analyst estimates of $10.40 billion. During the same period in the prior year, the business posted $1.55 earnings per share. The firm's revenue for the quarter was up 6.8% compared to the same quarter last year. 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. Equities research analysts predict that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Thursday, March 19th. Philip Morris International's dividend payout ratio (DPR) is presently 80.88%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. dropped their price target on Philip Morris International from $190.00 to $185.00 and set an "overweight" rating for the company in a research report on Wednesday, November 26th. Morgan Stanley reiterated an "overweight" rating and set a $205.00 price objective on shares of Philip Morris International in a research report on Monday, February 9th. Jefferies Financial Group lowered Philip Morris International from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $220.00 to $180.00 in a research note on Tuesday, January 20th. Wall Street Zen cut Philip Morris International from a "buy" rating to a "hold" rating in a report on Saturday, January 10th. Finally, Needham & Company LLC lifted their price target on Philip Morris International from $190.00 to $205.00 and gave the stock a "buy" rating in a report on Tuesday, February 10th. Eleven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $196.83.

Philip Morris International Company 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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