Pitcairn Co. Sells 9,743 Shares of Philip Morris International Inc. $PM

Key Points

• Pitcairn Co. cut its stake in Philip Morris by 43.3% in Q3, selling 9,743 shares and leaving 12,734 shares worth about $2.07 million.
• Senior insiders sold sizable positions: CFO Emmanuel Babeau sold 33,800 shares (~$6.14M, a 17.05% reduction) and CEO Jacek Olczak sold 80,000 shares (~$14.57M, an 11.23% reduction) on Feb. 19.
• Dividend and guidance update: PMI declared a $1.47 quarterly dividend (annualized $5.88, ~3.5% yield; ex-dividend Mar. 19, payable Apr. 13), reported Q4 EPS of $1.70 in line with estimates, and set Q1 2026 EPS guidance of 1.80–1.85 and FY2026 guidance of 8.38–8.53.

Pitcairn Co. lowered its stake in Philip Morris International Inc. (NYSE:PM - Free Report) by 43.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,734 shares of the company's stock after selling 9,743 shares during the quarter. Pitcairn Co.'s holdings in Philip Morris International were worth $2,065,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in PM. Brighton Jones LLC grew its stake in shares of Philip Morris International by 31.1% during the 4th quarter. Brighton Jones LLC now owns 8,531 shares of the company's stock valued at $1,027,000 after purchasing an additional 2,023 shares during the period. Revolve Wealth Partners LLC lifted its stake in shares of Philip Morris International by 4.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company's stock worth $252,000 after purchasing an additional 91 shares during the period. Sivia Capital Partners LLC boosted its holdings in shares of Philip Morris International by 53.7% in the second quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company's stock worth $1,027,000 after buying an additional 1,970 shares during the last quarter. Crestwood Advisors Group LLC grew its position in Philip Morris International by 3.6% during the second quarter. Crestwood Advisors Group LLC now owns 19,279 shares of the company's stock valued at $3,511,000 after buying an additional 666 shares during the period. Finally, SP Asset Management LLC increased its holdings in Philip Morris International by 2.2% during the second quarter. SP Asset Management LLC now owns 68,952 shares of the company's stock valued at $12,558,000 after buying an additional 1,502 shares during the last quarter. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Philip Morris International news, CFO Emmanuel Babeau sold 33,800 shares of Philip Morris International 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 sale, the chief financial officer owned 164,463 shares of the company's stock, valued at $29,868,125.43. The trade was a 17.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Jacek Olczak sold 80,000 shares of the stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $182.18, for a total value of $14,574,400.00. Following the transaction, the chief executive officer owned 632,344 shares of the company's stock, valued at $115,200,429.92. This represents a 11.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.13% of the company's stock.

Philip Morris International Stock Down 5.2%

NYSE PM opened at $169.80 on Friday. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $191.30. The business has a 50-day moving average price of $174.97 and a 200-day moving average price of $164.09. The firm has a market cap of $264.32 billion, a price-to-earnings ratio of 23.36, a price-to-earnings-growth ratio of 2.04 and a beta of 0.38.

Philip Morris International (NYSE:PM - Get Free Report) last posted its quarterly earnings results on Friday, February 6th. The company reported $1.70 EPS for the quarter, hitting analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $10.40 billion. During the same period in the previous year, the firm earned $1.55 EPS. The firm's revenue 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. Research analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 13th. Investors of record on Thursday, March 19th will be paid a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Thursday, March 19th. Philip Morris International's dividend payout ratio (DPR) is presently 80.88%.

Philip Morris International News Summary

Here are the key news stories impacting Philip Morris International this week:

• Positive Sentiment: Board declared a regular quarterly dividend of $1.47/share (annualized yield ~3.5%), payable Apr 13 to holders of record Mar 19 — supports the stock’s income appeal for dividend-focused investors. Philip Morris International Declares Regular Quarterly Dividend of $1.47 Per Share
• Positive Sentiment: Coverage highlighting PM as a dividend and growth pick reinforces investor demand from income/total‑return buyers. Looking for a Growth Stock? 3 Reasons Why Philip Morris (PM) is a Solid Choice
• Neutral Sentiment: Q4 results (reported Feb 6) met EPS expectations ($1.70) with revenue roughly in line; management provided Q1 and FY‑2026 guidance — a steady operational backdrop but not an upside surprise.
• Neutral Sentiment: PMI U.S. announced a $150k community grant to the California Asian Pacific Chamber — small-dollar ESG/PR initiative that may help corporate image but is not material to fundamentals. PMI U.S. Invests in Communities; Announces $150,000 Grant
• Neutral Sentiment: Broader commentary on “sin stocks” notes resilient cash flows and dividends for tobacco names — useful sector context for income investors. Sin Stock Investing: Are There Opportunities Beyond Ethical Debate?
• Negative Sentiment: Analysis arguing the stock is “fully valued” based on dividends raises risk of limited near‑term upside and can prompt profit-taking by valuation‑sensitive investors. Philip Morris: The Stock Appears Fully Valued Based On Its Dividends
• Negative Sentiment: Public health groups press events and sponsorship bans (e.g., letter to Formula 1) heighten regulatory/PR risk around marketing of nicotine products. Tobacco-Free Kids: Over 160 Organizations Call on Formula 1 to End All Tobacco Sponsorships
• Negative Sentiment: Session‑level selling tied to geopolitical risk and sector weakness (alongside other consumer stocks) contributed to the intra‑day decline. Brown-Forman, Philip Morris, and Utz Stocks Trade Down

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on PM shares. Jefferies Financial Group cut shares of Philip Morris International from a "buy" rating to a "hold" rating and dropped their price target for the stock from $220.00 to $180.00 in a research note on Tuesday, January 20th. Needham & Company LLC lifted their target price on Philip Morris International from $190.00 to $205.00 and gave the company a "buy" rating in a research report on Tuesday, February 10th. Morgan Stanley reissued an "overweight" rating and set a $205.00 price target on shares of Philip Morris International in a report on Monday, February 9th. Citigroup raised their price objective on Philip Morris International from $200.00 to $210.00 and gave the stock a "buy" rating in a research note on Tuesday, February 10th. Finally, Wall Street Zen lowered shares of Philip Morris International from a "buy" rating to a "hold" rating in a report on Saturday, January 10th. Eleven analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average 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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