Universal Beteiligungs und Servicegesellschaft mbH cut its stake in Philip Morris International Inc. (NYSE:PM – Free Report) by 9.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 759,299 shares of the company’s stock after selling 78,032 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Philip Morris International were worth $120,337,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Marquette Asset Management LLC increased its holdings 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 during the period. Dogwood Wealth Management LLC increased its holdings in shares of Philip Morris International by 96.5% in the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after acquiring an additional 82 shares during the period. Richards Merrill & Peterson Inc. purchased a new position in shares of Philip Morris International in the 4th quarter valued at $28,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Philip Morris International in the 3rd quarter valued at $32,000. Finally, FNY Investment Advisers LLC purchased a new position in shares of Philip Morris International in the 3rd quarter valued at $33,000. 78.63% of the stock is currently owned by hedge funds and other institutional investors.
Philip Morris International Price Performance
Shares of PM stock opened at $153.33 on Wednesday. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $191.30. The stock’s fifty day moving average price is $170.57 and its 200 day moving average price is $163.81. The company has a market cap of $238.97 billion, a price-to-earnings ratio of 21.09, a price-to-earnings-growth ratio of 1.92 and a beta of 0.43.
Philip Morris International Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, April 13th. Investors of record on Thursday, March 19th were paid a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.8%. The ex-dividend date was Thursday, March 19th. Philip Morris International’s payout ratio is 80.88%.
Philip Morris International News Roundup
Here are the key news stories impacting Philip Morris International this week:
- Positive Sentiment: Q1 results topped expectations: adjusted EPS of $1.96 beat consensus and revenue of $10.15B exceeded estimates, signaling resilient demand. Investing.com: Philip Morris beats Q1 estimates
- Positive Sentiment: Smoke?free product strength: management highlighted continued growth in IQOS and other smoke?free offerings, supporting longer?term revenue mix improvement. WSJ: Sales rise on smoke-free business growth
- Positive Sentiment: Regulatory win for IQOS: the product retains FDA modified?risk authorization, preserving a strategic competitive advantage in reduced?risk products. Zacks: IQOS retains FDA modified-risk authorization
- Neutral Sentiment: FY?2026 EPS guidance roughly in line with street: company issued a 8.360–8.510 EPS range that tracks consensus (~8.37), so full?year outlook is not a major surprise. FinancialPost: Q1 results and FY update
- Negative Sentiment: Near?term EPS guidance missed Q2 consensus: management set Q2 EPS at 2.020–2.070 vs. consensus ~2.12, which markets view as a near?term earnings shortfall. Company press release: Q1 results & guidance
- Negative Sentiment: Company cut its annual profit forecast amid competitive pressure and regulatory uncertainty (notably around Zyn nicotine pouches), which raises medium?term margin concerns. Reuters: Philip Morris cuts annual profit forecast
Wall Street Analysts Forecast Growth
PM has been the topic of a number of analyst reports. Jefferies Financial Group downgraded Philip Morris International from a “buy” rating to a “hold” rating and cut their price target for the company from $220.00 to $180.00 in a report on Tuesday, January 20th. UBS Group cut their price target on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a report on Friday. Needham & Company LLC cut their price target on Philip Morris International from $205.00 to $200.00 and set a “buy” rating on the stock in a report on Monday, April 13th. Wall Street Zen downgraded Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a report on Thursday, January 22nd. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Philip Morris International presently has a consensus rating of “Moderate Buy” and a consensus target price of $192.56.
Get Our Latest Report on Philip Morris International
Insider Buying and Selling at Philip Morris International
In other Philip Morris International news, CFO Emmanuel Babeau sold 33,800 shares of the business’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 sale, the chief financial officer owned 164,463 shares in the company, valued at approximately $29,868,125.43. The trade was a 17.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jacek Olczak sold 80,000 shares of the business’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 in the company, valued at approximately $115,200,429.92. The trade was a 11.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.13% of the stock is 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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