TD Private Client Wealth LLC Sells 6,194 Shares of Philip Morris International Inc. $PM

TD Private Client Wealth LLC cut its position in shares of Philip Morris International Inc. (NYSE:PM) by 6.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 90,288 shares of the company’s stock after selling 6,194 shares during the quarter. TD Private Client Wealth LLC’s holdings in Philip Morris International were worth $14,482,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Dogwood Wealth Management LLC increased its stake in 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 buying an additional 82 shares during the last quarter. Richards Merrill & Peterson Inc. acquired a new stake in Philip Morris International in the 4th quarter valued at $28,000. Measured Wealth Private Client Group LLC acquired a new stake in Philip Morris International in the 3rd quarter valued at $32,000. McIlrath & Eck LLC acquired a new stake in Philip Morris International in the 2nd quarter valued at $36,000. Finally, FNY Investment Advisers LLC acquired a new stake in Philip Morris International in the 3rd quarter valued at $33,000. 78.63% of the stock is currently owned by institutional investors.

Insider Activity

In other Philip Morris International 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 sale, the chief financial officer owned 164,463 shares in the company, valued at $29,868,125.43. The trade was a 17.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jacek Olczak sold 80,000 shares of Philip Morris International 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 completion of the sale, the chief executive officer owned 632,344 shares of the company’s stock, valued at $115,200,429.92. This trade represents a 11.23% decrease in their position. The SEC filing for this sale provides additional information. 0.13% of the stock is owned by insiders.

Philip Morris International Stock Performance

Shares of PM stock opened at $189.66 on Monday. The company has a market capitalization of $295.59 billion, a price-to-earnings ratio of 26.67, a PEG ratio of 2.18 and a beta of 0.37. The company has a 50-day simple moving average of $166.78 and a 200 day simple moving average of $165.69. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $192.95.

Philip Morris International (NYSE:PM) last announced its earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.83 by $0.13. The business had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. Philip Morris International’s revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.69 EPS. 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. Sell-side analysts forecast that Philip Morris International Inc. will post 8.45 EPS for the current year.

Philip Morris International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were paid a $1.47 dividend. The ex-dividend date was Thursday, March 19th. This represents a $5.88 annualized dividend and a yield of 3.1%. Philip Morris International’s payout ratio is 82.70%.

Analysts Set New Price Targets

PM has been the topic of several recent research reports. Barclays reiterated an “overweight” rating and issued a $205.00 price target on shares of Philip Morris International in a research note on Monday, February 23rd. Stifel Nicolaus lowered their price target on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. UBS Group lowered 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 research note on Friday, April 17th. Needham & Company LLC reiterated a “buy” rating and issued a $200.00 price target on shares of Philip Morris International in a research note on Thursday, April 23rd. Finally, Jefferies Financial Group lowered shares of Philip Morris International from a “buy” rating to a “hold” rating and lowered their price target for the company from $220.00 to $180.00 in a research note on Tuesday, January 20th. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Philip Morris International currently has a consensus rating of “Moderate Buy” and a consensus price target 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.