Philip Morris International Inc. $PM Shares Sold by National Pension Service

Key Points

• National Pension Service reduced its stake in Philip Morris International by 5.9% in the fourth quarter, selling 223,217 shares. The fund still held 3.59 million shares worth about $575.4 million at the end of the period.
• Analysts remain broadly positive on PM, with 10 Buy ratings and 2 Hold ratings. The stock has a consensus rating of “Moderate Buy” and an average price target of $192.56, even as some firms trimmed their targets.
• Philip Morris reported stronger-than-expected results in its latest quarter, posting EPS of $1.96 versus the $1.83 estimate and revenue of $10.15 billion. Revenue rose 9.1% year over year, and the company reaffirmed its FY 2026 EPS guidance range.

National Pension Service cut its holdings in shares of Philip Morris International Inc. (NYSE:PM - Free Report) by 5.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,587,297 shares of the company's stock after selling 223,217 shares during the quarter. National Pension Service owned about 0.23% of Philip Morris International worth $575,402,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Tranquility Partners LLC raised its stake in Philip Morris International by 2.4% during the fourth quarter. Tranquility Partners LLC now owns 2,489 shares of the company's stock worth $399,000 after purchasing an additional 59 shares during the period. Stonebridge Financial Group LLC raised its stake in Philip Morris International by 2.2% during the fourth quarter. Stonebridge Financial Group LLC now owns 2,763 shares of the company's stock worth $443,000 after purchasing an additional 60 shares during the period. Capital Advisors Wealth Management LLC raised its stake in Philip Morris International by 1.8% during the fourth quarter. Capital Advisors Wealth Management LLC now owns 3,372 shares of the company's stock worth $541,000 after purchasing an additional 61 shares during the period. CFO4Life Group LLC raised its stake in Philip Morris International by 1.5% during the fourth quarter. CFO4Life Group LLC now owns 4,212 shares of the company's stock worth $676,000 after purchasing an additional 61 shares during the period. Finally, Townsend Asset Management Corp NC ADV raised its stake in Philip Morris International by 2.4% during the fourth quarter. Townsend Asset Management Corp NC ADV now owns 2,662 shares of the company's stock worth $427,000 after purchasing an additional 62 shares during the period. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on PM shares. Morgan Stanley lowered their price target on Philip Morris International from $205.00 to $190.00 and set an "overweight" rating for the company in a report on Friday, April 17th. Weiss Ratings reiterated a "buy (b)" rating on shares of Philip Morris International in a report on Wednesday, May 20th. Needham & Company LLC reissued a "buy" rating and issued a $200.00 price target on shares of Philip Morris International in a research note on Thursday, April 23rd. UBS Group reduced their price target on shares of Philip Morris International from $181.50 to $168.00 and set a "neutral" rating on the stock in a research note on Friday, April 17th. Finally, Stifel Nicolaus reduced their price target on shares of Philip Morris International from $200.00 to $195.00 and set a "buy" rating on the stock in a research note on Friday, April 10th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Philip Morris International has a consensus rating of "Moderate Buy" and an average target price of $192.56.

Philip Morris International Stock Performance

Philip Morris International stock opened at $178.64 on Friday. The company's 50 day simple moving average is $169.46 and its 200-day simple moving average is $168.16. The company has a market capitalization of $278.42 billion, a price-to-earnings ratio of 25.12, a price-to-earnings-growth ratio of 2.09 and a beta of 0.37. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $193.05.

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

Philip Morris International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 13th. Investors of record on Thursday, March 19th were paid a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Thursday, March 19th. Philip Morris International's dividend payout ratio is presently 82.70%.

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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