Dash Acquisitions Inc. Cuts Stock Position in Philip Morris International Inc. $PM

Dash Acquisitions Inc. trimmed its position in shares of Philip Morris International Inc. (NYSE:PM) by 3.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 204,187 shares of the company’s stock after selling 7,482 shares during the quarter. Philip Morris International makes up about 6.4% of Dash Acquisitions Inc.’s portfolio, making the stock its 5th biggest position. Dash Acquisitions Inc.’s holdings in Philip Morris International were worth $32,752,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in PM. Capital Research Global Investors grew its holdings in Philip Morris International by 7.2% during the 3rd quarter. Capital Research Global Investors now owns 43,546,533 shares of the company’s stock valued at $7,063,263,000 after purchasing an additional 2,911,835 shares during the last quarter. Capital World Investors grew its holdings in Philip Morris International by 2.2% during the 3rd quarter. Capital World Investors now owns 128,776,327 shares of the company’s stock valued at $20,887,743,000 after purchasing an additional 2,714,674 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in Philip Morris International by 36.3% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 9,301,112 shares of the company’s stock valued at $1,491,898,000 after purchasing an additional 2,475,204 shares during the last quarter. SG Americas Securities LLC grew its holdings in Philip Morris International by 1,547.2% during the 4th quarter. SG Americas Securities LLC now owns 2,260,217 shares of the company’s stock valued at $362,539,000 after purchasing an additional 2,123,002 shares during the last quarter. Finally, Lone Pine Capital LLC grew its holdings in Philip Morris International by 67.3% during the 3rd quarter. Lone Pine Capital LLC now owns 4,614,443 shares of the company’s stock valued at $748,463,000 after purchasing an additional 1,856,749 shares during the last quarter. 78.63% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CEO Jacek Olczak sold 80,000 shares of the stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $182.18, for a total transaction of $14,574,400.00. Following the completion of the sale, the chief executive officer owned 632,344 shares of the company’s stock, valued at $115,200,429.92. This represents 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 link. Also, CFO Emmanuel Babeau sold 33,800 shares of the stock in a transaction that occurred 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 directly 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. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.13% of the company’s stock.

Philip Morris International Stock Performance

Shares of PM opened at $191.73 on Friday. The company has a 50 day moving average price of $166.56 and a 200-day moving average price of $165.44. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $192.92. The stock has a market capitalization of $298.83 billion, a PE ratio of 26.97, a PEG ratio of 2.16 and a beta of 0.37.

Philip Morris International (NYSE:PM) last announced its quarterly earnings results 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. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The firm had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. During the same quarter in the prior year, the company earned $1.69 EPS. The company’s revenue was up 9.1% compared to the same quarter last year. 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. Equities research analysts forecast that Philip Morris International Inc. will post 8.45 EPS for the current year.

Philip Morris International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 13th. Investors of record on Thursday, March 19th were given a dividend of $1.47 per share. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $5.88 dividend on an annualized basis and a yield of 3.1%. Philip Morris International’s dividend payout ratio is presently 82.70%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on PM shares. Jefferies Financial Group downgraded shares of 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. Needham & Company LLC reiterated a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a report on Thursday, April 23rd. UBS Group cut their price target on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a report on Friday, April 17th. Stifel Nicolaus lowered their price objective on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Finally, Barclays reissued an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a research report on Monday, February 23rd. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Philip Morris International presently has an average rating of “Moderate Buy” and an average target price of $192.56.

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.