Robeco Institutional Asset Management B.V. Lowers Stock Position in Philip Morris International Inc. $PM

Key Points

• Robeco Institutional Asset Management cut its stake in Philip Morris by 12.9% in Q4, selling 50,266 shares and leaving it with 337,994 shares worth about $54.2 million.
• Senior insiders also sold sizable positions: CEO Jacek Olczak sold 80,000 shares (≈$182.18/share) and CFO Emmanuel Babeau sold 33,800 shares, reducing their holdings by 11.23% and 17.05%, respectively.
• Wall Street sentiment remains generally positive with ten Buy and two Hold ratings, an average rating of "Moderate Buy" and an average price target of $195.72.

Robeco Institutional Asset Management B.V. lessened its holdings in Philip Morris International Inc. (NYSE:PM - Free Report) by 12.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 337,994 shares of the company's stock after selling 50,266 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Philip Morris International were worth $54,214,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Marquette Asset Management LLC raised its stake in shares of Philip Morris International by 1,677.8% during the 3rd quarter. Marquette Asset Management LLC now owns 160 shares of the company's stock worth $26,000 after acquiring an additional 151 shares in the last quarter. Dogwood Wealth Management LLC raised its stake in shares of Philip Morris International by 96.5% during the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company's stock worth $27,000 after acquiring an additional 82 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new position in shares of Philip Morris International during the 3rd quarter worth approximately $32,000. McIlrath & Eck LLC bought a new position in shares of Philip Morris International during the 2nd quarter worth approximately $36,000. Finally, FNY Investment Advisers LLC bought a new position in shares of Philip Morris International during the 3rd quarter worth approximately $33,000. Institutional investors own 78.63% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on PM shares. Stifel Nicolaus reduced their price objective on shares of Philip Morris International from $200.00 to $195.00 and set a "buy" rating for the company in a research note on Friday. Citigroup boosted their price objective on shares of Philip Morris International from $200.00 to $210.00 and gave the stock a "buy" rating in a research note on Tuesday, February 10th. Needham & Company LLC reduced their price objective on shares of Philip Morris International from $205.00 to $200.00 and set a "buy" rating for the company in a research note on Monday. Barclays reiterated an "overweight" rating and set a $205.00 price objective on shares of Philip Morris International in a research note on Monday, February 23rd. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Philip Morris International in a research note on Thursday, January 22nd. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $195.72.

Insider Buying and Selling

In other Philip Morris International news, CEO Jacek Olczak sold 80,000 shares of the company's stock in a transaction that occurred 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 transaction, the chief executive officer owned 632,344 shares in the company, valued at approximately $115,200,429.92. This represents a 11.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Emmanuel Babeau sold 33,800 shares of the company's stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $181.61, for a total transaction of $6,138,418.00. Following the transaction, the chief financial officer owned 164,463 shares in the company, valued at $29,868,125.43. The trade was a 17.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.13% of the company's stock.

Philip Morris International Trading Up 1.4%

Shares of Philip Morris International stock opened at $162.71 on Tuesday. 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 capitalization of $253.59 billion, a price-to-earnings ratio of 22.38, a PEG ratio of 1.83 and a beta of 0.43. The firm's 50 day simple moving average is $173.45 and its two-hundred day simple moving average is $163.95.

Philip Morris International (NYSE:PM - Get Free Report) last issued its quarterly earnings results on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $1.70. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The business had revenue of $10.36 billion for the quarter, compared to analyst estimates of $10.40 billion. During the same quarter in the prior year, the business posted $1.55 EPS. Philip Morris International'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. On average, sell-side analysts predict that Philip Morris International Inc. will post 7.14 EPS 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 paid a dividend of $1.47 per share. 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 80.88%.

Philip Morris International 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.