Intact Investment Management Inc. Sells 5,800 Shares of Philip Morris International Inc. $PM

Intact Investment Management Inc. trimmed its holdings in Philip Morris International Inc. (NYSE:PM) by 4.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 138,100 shares of the company’s stock after selling 5,800 shares during the quarter. Intact Investment Management Inc.’s holdings in Philip Morris International were worth $22,151,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Stonebridge Financial Group LLC raised its holdings in shares of Philip Morris International by 2.2% in the fourth quarter. Stonebridge Financial Group LLC now owns 2,763 shares of the company’s stock valued at $443,000 after buying an additional 60 shares during the last quarter. Capital Advisors Wealth Management LLC raised its holdings in shares of Philip Morris International by 1.8% in the fourth quarter. Capital Advisors Wealth Management LLC now owns 3,372 shares of the company’s stock valued at $541,000 after buying an additional 61 shares during the last quarter. Townsend Asset Management Corp NC ADV raised its holdings in shares of Philip Morris International by 2.4% in the fourth quarter. Townsend Asset Management Corp NC ADV now owns 2,662 shares of the company’s stock valued at $427,000 after buying an additional 62 shares during the last quarter. Galvin Gaustad & Stein LLC raised its holdings in shares of Philip Morris International by 0.7% in the fourth quarter. Galvin Gaustad & Stein LLC now owns 9,249 shares of the company’s stock valued at $1,484,000 after buying an additional 63 shares during the last quarter. Finally, Sather Financial Group Inc raised its holdings in shares of Philip Morris International by 1.4% in the fourth quarter. Sather Financial Group Inc now owns 4,693 shares of the company’s stock valued at $753,000 after buying an additional 63 shares during the last quarter. 78.63% of the stock is owned by institutional investors.

Philip Morris International Trading Up 0.1%

Shares of NYSE:PM opened at $166.60 on Monday. The stock has a market capitalization of $259.66 billion, a P/E ratio of 23.43, a P/E/G ratio of 1.91 and a beta of 0.37. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $191.30. The business has a 50-day moving average price of $167.62 and a two-hundred day moving average price of $164.19.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.13. The firm had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The company’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same period in the previous year, the business posted $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. As a group, equities analysts predict that Philip Morris International Inc. will post 8.45 EPS for the current year.

Philip Morris International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 13th. Stockholders of record on Thursday, March 19th were paid a $1.47 dividend. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.5%. Philip Morris International’s dividend payout ratio is 82.70%.

Wall Street Analyst Weigh In

PM has been the subject of a number of research analyst reports. Wall Street Zen cut Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. UBS Group dropped their price objective on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a report on Friday, April 17th. Jefferies Financial Group cut Philip Morris International from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $220.00 to $180.00 in a report on Tuesday, January 20th. Morgan Stanley dropped their price objective on Philip Morris International from $205.00 to $190.00 and set an “overweight” rating for the company in a report on Friday, April 17th. Finally, Stifel Nicolaus dropped their price objective on Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a report on Friday, April 10th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $192.56.

Insider Transactions at Philip Morris International

In other news, CFO Emmanuel Babeau sold 33,800 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief financial officer directly owned 164,463 shares of the company’s stock, valued at $29,868,125.43. This represents a 17.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, 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 completion of the sale, the chief executive officer directly owned 632,344 shares of the company’s stock, valued at approximately $115,200,429.92. This trade represents a 11.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.13% of the company’s stock.

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.