KFA Private Wealth Group LLC bought a new position in Philip Morris International Inc. (NYSE:PM – Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 5,617 shares of the company’s stock, valued at approximately $901,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Corient Private Wealth LLC grew its stake in Philip Morris International by 1.2% in the second quarter. Corient Private Wealth LLC now owns 490,590 shares of the company’s stock valued at $89,354,000 after acquiring an additional 5,681 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of Philip Morris International by 10.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 549,481 shares of the company’s stock worth $84,922,000 after purchasing an additional 51,399 shares during the period. Schroder Investment Management Group lifted its holdings in shares of Philip Morris International by 10.2% during the 3rd quarter. Schroder Investment Management Group now owns 302,173 shares of the company’s stock valued at $49,251,000 after purchasing an additional 27,979 shares in the last quarter. Trajan Wealth LLC lifted its holdings in shares of Philip Morris International by 31.2% during the 3rd quarter. Trajan Wealth LLC now owns 132,295 shares of the company’s stock valued at $21,458,000 after purchasing an additional 31,490 shares in the last quarter. Finally, Dynasty Wealth Management LLC grew its position in shares of Philip Morris International by 53.0% in the 3rd quarter. Dynasty Wealth Management LLC now owns 27,772 shares of the company’s stock valued at $4,505,000 after purchasing an additional 9,622 shares during the period. 78.63% of the stock is owned by institutional investors.
Insider Buying and Selling at Philip Morris International
In other news, CFO Emmanuel Babeau sold 33,800 shares of Philip Morris International stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $181.61, for a total value of $6,138,418.00. Following the completion of the transaction, the chief financial officer owned 164,463 shares of the company’s stock, valued at $29,868,125.43. This trade represents a 17.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Jacek Olczak sold 80,000 shares of the business’s stock in a transaction dated Thursday, February 19th. The stock was 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 $115,200,429.92. This represents a 11.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.13% of the company’s stock.
Wall Street Analyst Weigh In
Get Our Latest Analysis on Philip Morris International
Philip Morris International Stock Performance
Shares of NYSE PM opened at $162.90 on Friday. The stock has a 50 day moving average price of $177.19 and a 200 day moving average price of $164.20. The stock has a market capitalization of $253.58 billion, a PE ratio of 22.41, a price-to-earnings-growth ratio of 1.86 and a beta of 0.38. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $191.30.
Philip Morris International (NYSE:PM – Get Free Report) last posted its quarterly earnings results on Friday, February 6th. The company reported $1.70 earnings per share 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 for the quarter, compared to analyst estimates of $10.40 billion. During the same quarter in the previous year, the firm earned $1.55 EPS. The business’s quarterly revenue was up 6.8% on a year-over-year basis. 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 forecast that Philip Morris International Inc. will post 7.14 EPS for the current year.
Philip Morris International Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, April 13th. Investors of record on Thursday, March 19th will be issued a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date is Thursday, March 19th. Philip Morris International’s payout ratio is presently 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.
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