Hennion & Walsh Asset Management Inc. boosted its holdings in Philip Morris International Inc. (NYSE:PM – Free Report) by 11.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 31,910 shares of the company’s stock after acquiring an additional 3,336 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Philip Morris International were worth $5,118,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently bought and sold shares of PM. Second Line Capital LLC lifted its stake in shares of Philip Morris International by 4.8% in the second quarter. Second Line Capital LLC now owns 1,338 shares of the company’s stock valued at $245,000 after purchasing an additional 61 shares during the period. Nia Impact Advisors LLC grew its position in Philip Morris International by 4.2% during the second quarter. Nia Impact Advisors LLC now owns 1,577 shares of the company’s stock worth $287,000 after buying an additional 63 shares during the period. Gerber Kawasaki Wealth & Investment Management grew its position in Philip Morris International by 3.7% during the second quarter. Gerber Kawasaki Wealth & Investment Management now owns 1,811 shares of the company’s stock worth $330,000 after buying an additional 64 shares during the period. ARS Wealth Advisors Group LLC increased its holdings in Philip Morris International by 2.5% in the fourth quarter. ARS Wealth Advisors Group LLC now owns 2,644 shares of the company’s stock valued at $424,000 after buying an additional 64 shares in the last quarter. Finally, Raab & Moskowitz Asset Management LLC increased its holdings in Philip Morris International by 0.4% in the second quarter. Raab & Moskowitz Asset Management LLC now owns 16,419 shares of the company’s stock valued at $2,990,000 after buying an additional 66 shares in the last quarter. Institutional investors and hedge funds own 78.63% of the company’s stock.
Insider Transactions at Philip Morris International
In related news, CFO Emmanuel Babeau sold 33,800 shares of Philip Morris International stock in a transaction on Thursday, February 19th. The shares were 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 of the company’s stock, valued at $29,868,125.43. The trade was a 17.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible 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 stock was sold at an average price of $182.18, for a total value of $14,574,400.00. Following the completion of the transaction, the chief executive officer owned 632,344 shares in the company, valued at approximately $115,200,429.92. This trade represents a 11.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.13% of the company’s stock.
Analyst Ratings Changes
Philip Morris International Stock Up 0.7%
Shares of Philip Morris International stock opened at $164.68 on Tuesday. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $191.30. The business’s fifty day moving average is $176.42 and its two-hundred day moving average is $164.19. The firm has a market cap of $256.65 billion, a PE ratio of 22.65, a P/E/G ratio of 1.86 and a beta of 0.38.
Philip Morris International (NYSE:PM – Get Free Report) last released its earnings results on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.70. The firm had revenue of $10.36 billion during the quarter, compared to the consensus estimate of $10.40 billion. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. Philip Morris International’s revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.55 earnings per share. 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. Equities research analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current year.
Philip Morris International Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 13th. Shareholders of record on Thursday, March 19th will be given a $1.47 dividend. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $5.88 annualized dividend and a yield of 3.6%. Philip Morris International’s dividend payout ratio (DPR) is 80.88%.
Philip Morris International 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.
Further Reading
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