Philip Morris International Inc. $PM Stake Lifted by Mitsubishi UFJ Trust & Banking Corp

Key Points

• Mitsubishi UFJ Trust & Banking Corp increased its stake in Philip Morris by 11.4% in Q4 and now owns 952,135 shares worth about $152.7 million (≈0.06% of the company).
• Insider selling: CFO Emmanuel Babeau sold 33,800 shares (~$6.14M) and CEO Jacek Olczak sold 80,000 shares (~$14.57M) on Feb. 19, reducing their holdings by 17.05% and 11.23%, respectively.
• Philip Morris beat quarterly estimates with $1.96 EPS vs. $1.83 expected and $10.15B revenue (up 9.1% YoY), and it pays a $1.47 quarterly dividend ($5.88 annual, ~3.6% yield).

Mitsubishi UFJ Trust & Banking Corp increased its stake in Philip Morris International Inc. (NYSE:PM - Free Report) by 11.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 952,135 shares of the company's stock after acquiring an additional 97,551 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.06% of Philip Morris International worth $152,722,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Marquette Asset Management LLC boosted its holdings in Philip Morris International by 1,677.8% during the third quarter. Marquette Asset Management LLC now owns 160 shares of the company's stock worth $26,000 after buying an additional 151 shares in the last quarter. Dogwood Wealth Management LLC boosted its holdings in Philip Morris International by 96.5% during the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company's stock worth $27,000 after buying an additional 82 shares in the last quarter. Richards Merrill & Peterson Inc. bought a new stake in Philip Morris International during the fourth quarter worth approximately $28,000. Measured Wealth Private Client Group LLC bought a new stake in Philip Morris International during the third quarter worth approximately $32,000. Finally, McIlrath & Eck LLC bought a new stake in Philip Morris International during the second quarter worth approximately $36,000. 78.63% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Philip Morris International news, CFO Emmanuel Babeau sold 33,800 shares of the stock in a transaction that occurred 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jacek Olczak sold 80,000 shares of the stock in a transaction that occurred on 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 completion of the sale, the chief executive officer owned 632,344 shares of the company's stock, valued at approximately $115,200,429.92. The trade was a 11.23% decrease in their position. The SEC filing for this sale provides additional information. 0.13% of the stock is owned by corporate insiders.

Philip Morris International Stock Performance

Shares of NYSE:PM opened at $161.47 on Tuesday. The company has a market cap of $251.65 billion, a PE ratio of 22.71, a price-to-earnings-growth ratio of 1.89 and a beta of 0.43. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $191.30. The firm has a 50 day simple moving average of $168.75 and a 200 day simple moving average of $164.09.

Philip Morris International (NYSE:PM - Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating the consensus estimate of $1.83 by $0.13. The business had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.95 billion. Philip Morris International had a net margin of 13.42% and a negative return on equity of 142.02%. The firm's quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter in the prior 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. On average, equities analysts predict that Philip Morris International Inc. will post 8.45 earnings per share for the current year.

Philip Morris International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were given a $1.47 dividend. The ex-dividend date was Thursday, March 19th. This represents a $5.88 dividend on an annualized basis and a yield of 3.6%. Philip Morris International's dividend payout ratio is presently 82.70%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Morgan Stanley reduced their target price on shares of Philip Morris International from $205.00 to $190.00 and set an "overweight" rating for the company in a report on Friday, April 17th. Wall Street Zen cut shares of Philip Morris International from a "buy" rating to a "hold" rating in a report on Saturday, January 10th. Needham & Company LLC restated a "buy" rating and issued a $200.00 price target on shares of Philip Morris International in a research report on Thursday, April 23rd. Barclays restated an "overweight" rating and issued a $205.00 price target on shares of Philip Morris International in a research report on Monday, February 23rd. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Philip Morris International in a research report on Thursday, January 22nd. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, Philip Morris International currently has an average rating of "Moderate Buy" and an average price target of $192.56.

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.

Want to see what other hedge funds are holding PM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Philip Morris International Inc. (NYSE:PM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.