Wealth Enhancement Advisory Services LLC Has $91.84 Million Stock Position in Philip Morris International Inc. $PM

Key Points

• Wealth Enhancement Advisory Services LLC increased its stake in Philip Morris by 7.9% to 592,681 shares, valued at $91.84 million, while institutional investors now own about 78.63% of the company.
• Philip Morris declared a quarterly dividend of $1.47 (annualized $5.88), a 3.6% yield, with an ex-dividend date of March 19 and payment on April 13; the payout ratio is roughly 80.9%.
• Company insiders sold notable positions: CEO Jacek Olczak sold 80,000 shares (~$14.57M) and CFO Emmanuel Babeau sold 33,800 shares (~$6.14M), leaving insiders with about 0.13% ownership.

Wealth Enhancement Advisory Services LLC grew its holdings in shares of Philip Morris International Inc. (NYSE:PM - Free Report) by 7.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 592,681 shares of the company's stock after purchasing an additional 43,200 shares during the quarter. Wealth Enhancement Advisory Services LLC's holdings in Philip Morris International were worth $91,840,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Marquette Asset Management LLC raised its stake in shares of Philip Morris International by 1,677.8% in the 3rd quarter. Marquette Asset Management LLC now owns 160 shares of the company's stock valued at $26,000 after acquiring an additional 151 shares in the last quarter. Estabrook Capital Management bought a new stake in Philip Morris International during the second quarter worth approximately $30,000. Dogwood Wealth Management LLC grew 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 valued at $27,000 after purchasing an additional 82 shares during the last quarter. Measured Wealth Private Client Group LLC acquired a new position in Philip Morris International during the third quarter valued at approximately $32,000. Finally, McIlrath & Eck LLC bought a new stake in shares of Philip Morris International during the 2nd quarter worth $36,000. Institutional investors and hedge funds own 78.63% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on PM shares. JPMorgan Chase & Co. lowered their target price on Philip Morris International from $190.00 to $185.00 and set an "overweight" rating on the stock in a report on Wednesday, November 26th. Barclays reissued an "overweight" rating and issued a $205.00 price target on shares of Philip Morris International in a report on Monday, February 23rd. Morgan Stanley restated an "overweight" rating and issued a $205.00 price target on shares of Philip Morris International in a research report on Monday, February 9th. Wall Street Zen downgraded shares of Philip Morris International from a "buy" rating to a "hold" rating in a report on Saturday, January 10th. Finally, Citigroup increased their target price on shares of Philip Morris International from $200.00 to $210.00 and gave the company a "buy" rating in a research note on Tuesday, February 10th. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $196.83.

Philip Morris International Trading Down 0.3%

Shares of NYSE PM opened at $162.90 on Monday. The business has a fifty day simple moving average of $177.19 and a 200 day simple moving average of $164.19. The firm has a market capitalization of $253.58 billion, a price-to-earnings ratio of 22.41, a PEG ratio of 1.86 and a beta of 0.38. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $191.30.

Philip Morris International (NYSE:PM - Get Free Report) last issued its earnings results on Friday, February 6th. The company reported $1.70 EPS for the quarter, hitting the consensus estimate of $1.70. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The firm had revenue of $10.36 billion during the quarter, compared to analysts' expectations of $10.40 billion. During the same period last year, the business earned $1.55 earnings per share. Philip Morris International's quarterly 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. On average, research analysts anticipate that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 13th. Stockholders of record on Thursday, March 19th will be given a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Thursday, March 19th. Philip Morris International's payout ratio is 80.88%.

Insider Activity

In related news, CEO Jacek Olczak sold 80,000 shares of the company's stock in a transaction dated 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 sale, the chief executive officer owned 632,344 shares of the company's stock, valued at $115,200,429.92. The trade was a 11.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Emmanuel Babeau sold 33,800 shares of the firm's stock in a transaction dated Thursday, February 19th. The stock was 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 of the company's stock, valued at approximately $29,868,125.43. This represents a 17.05% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.13% of the stock is currently owned by insiders.

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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