GM Advisory Group LLC increased its position in shares of Philip Morris International Inc. (NYSE:PM – Free Report) by 1,362.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,215 shares of the company’s stock after acquiring an additional 26,286 shares during the quarter. GM Advisory Group LLC’s holdings in Philip Morris International were worth $4,576,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PM. Traub Capital Management LLC purchased a new position in Philip Morris International during the 2nd quarter worth approximately $25,000. Marquette Asset Management LLC lifted its holdings in shares of Philip Morris International by 1,677.8% in the third quarter. Marquette Asset Management LLC now owns 160 shares of the company’s stock valued at $26,000 after purchasing an additional 151 shares in the last quarter. Dogwood Wealth Management LLC boosted its position in shares of Philip Morris International by 96.5% in the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after buying an additional 82 shares during the period. Estabrook Capital Management purchased a new position in shares of Philip Morris International during the second quarter valued at $30,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in shares of Philip Morris International during the third quarter valued at $32,000. Institutional investors and hedge funds own 78.63% of the company’s stock.
Insider Activity at Philip Morris International
In other Philip Morris International news, CEO Jacek Olczak sold 80,000 shares of the business’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 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 $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 at this hyperlink. Also, CFO Emmanuel Babeau sold 33,800 shares of the stock in a transaction on 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 in the company, valued at approximately $29,868,125.43. This trade represents a 17.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.13% of the company’s stock.
Analyst Upgrades and Downgrades
Get Our Latest Stock Analysis on Philip Morris International
Philip Morris International Price Performance
Shares of PM stock opened at $172.86 on Wednesday. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $191.30. The stock’s 50-day moving average is $176.88 and its two-hundred day moving average is $164.23. The firm has a market cap of $269.09 billion, a P/E ratio of 23.78, a PEG ratio of 1.99 and a beta of 0.38.
Philip Morris International (NYSE:PM – Get Free Report) last announced its quarterly earnings results on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.70. The business had revenue of $10.36 billion during the quarter, compared to analyst estimates of $10.40 billion. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The firm’s revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.55 EPS. 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. As a group, research analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current year.
Philip Morris International Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, April 13th. Shareholders of record on Thursday, March 19th will be paid a $1.47 dividend. The ex-dividend date is Thursday, March 19th. This represents a $5.88 dividend on an annualized basis and a yield of 3.4%. Philip Morris International’s payout ratio is 80.88%.
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.
Further Reading
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