QRG Capital Management Inc. Has $31.21 Million Position in Philip Morris International Inc. $PM

Key Points

• QRG Capital Management raised its stake in Philip Morris by 5.1% to 194,545 shares, valued at about $31.21 million at the end of the quarter.
• Company insiders sold significant stock on Feb 19: CFO Emmanuel Babeau sold 33,800 shares (~$6.14M) and CEO Jacek Olczak sold 80,000 shares (~$14.57M), cutting their holdings by 17.05% and 11.23%, respectively.
• Philip Morris beat quarterly EPS estimates with $1.96 and revenue up 9.1%, issued FY2026 EPS guidance of 8.360–8.510, and pays a quarterly dividend of $1.47 (annualized yield ~3.5%).

QRG Capital Management Inc. raised its position in shares of Philip Morris International Inc. (NYSE:PM - Free Report) by 5.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 194,545 shares of the company's stock after purchasing an additional 9,507 shares during the quarter. QRG Capital Management Inc.'s holdings in Philip Morris International were worth $31,205,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Marquette Asset Management LLC lifted its position 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 worth $26,000 after buying an additional 151 shares in the last quarter. Dogwood Wealth Management LLC lifted its position 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 buying an additional 82 shares in the last quarter. Richards Merrill & Peterson Inc. purchased a new stake in Philip Morris International in the 4th quarter worth approximately $28,000. Measured Wealth Private Client Group LLC purchased a new stake in Philip Morris International in the 3rd quarter worth approximately $32,000. Finally, FNY Investment Advisers LLC purchased a new stake in Philip Morris International in the 3rd quarter worth approximately $33,000. 78.63% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Philip Morris International

In related news, CFO Emmanuel Babeau sold 33,800 shares of the firm's stock in a transaction 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 transaction, the chief financial officer directly owned 164,463 shares in the company, valued at approximately $29,868,125.43. This trade represents a 17.05% decrease in their position. 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 firm's stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $182.18, for a total transaction of $14,574,400.00. Following the completion of the transaction, the chief executive officer owned 632,344 shares in the company, valued at $115,200,429.92. The trade was a 11.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.13% of the company's stock.

Philip Morris International Stock Up 1.8%

Shares of PM opened at $169.32 on Tuesday. The company's fifty day moving average is $167.62 and its 200-day moving average is $164.19. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $191.30. The firm has a market cap of $263.90 billion, a price-to-earnings ratio of 23.81, a price-to-earnings-growth ratio of 1.91 and a beta of 0.37.

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

Philip Morris International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were issued a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.5%. The ex-dividend date was Thursday, March 19th. Philip Morris International's dividend payout ratio (DPR) is 82.70%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on PM. Jefferies Financial Group downgraded shares of Philip Morris International from a "buy" rating to a "hold" rating and cut their target price for the stock from $220.00 to $180.00 in a research report on Tuesday, January 20th. Weiss Ratings reiterated a "buy (b)" rating on shares of Philip Morris International in a research report on Thursday, January 22nd. Barclays reiterated an "overweight" rating and issued a $205.00 target price on shares of Philip Morris International in a research report on Monday, February 23rd. Wall Street Zen downgraded Philip Morris International from a "buy" rating to a "hold" rating in a report on Saturday, January 10th. Finally, Stifel Nicolaus dropped their price objective on Philip Morris International from $200.00 to $195.00 and set a "buy" rating on the stock in a report on Friday, April 10th. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Philip Morris International currently has an average rating of "Moderate Buy" and an average target price of $192.56.

About Philip Morris International

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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