Aquatic Capital Management LLC Sells 73,954 Shares of Philip Morris International Inc. $PM

Aquatic Capital Management LLC lowered its position in shares of Philip Morris International Inc. (NYSE:PM) by 39.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 113,323 shares of the company’s stock after selling 73,954 shares during the period. Aquatic Capital Management LLC’s holdings in Philip Morris International were worth $18,381,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Philip Morris International by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 143,468,448 shares of the company’s stock valued at $23,270,582,000 after purchasing an additional 611,393 shares during the period. Capital World Investors lifted its position in shares of Philip Morris International by 2.2% in the 3rd quarter. Capital World Investors now owns 128,776,327 shares of the company’s stock worth $20,887,743,000 after purchasing an additional 2,714,674 shares during the period. Capital International Investors boosted its stake in shares of Philip Morris International by 1.0% during the third quarter. Capital International Investors now owns 89,150,871 shares of the company’s stock valued at $14,461,220,000 after purchasing an additional 882,885 shares in the last quarter. State Street Corp boosted its stake in shares of Philip Morris International by 1.6% during the second quarter. State Street Corp now owns 55,831,655 shares of the company’s stock valued at $10,243,429,000 after purchasing an additional 871,165 shares in the last quarter. Finally, Capital Research Global Investors increased its holdings in Philip Morris International by 7.2% during the third quarter. Capital Research Global Investors now owns 43,546,533 shares of the company’s stock valued at $7,063,263,000 after buying an additional 2,911,835 shares during the period. 78.63% of the stock is owned by hedge funds and other institutional investors.

Philip Morris International Stock Performance

Shares of NYSE PM opened at $174.52 on Friday. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $191.30. The company has a market cap of $271.67 billion, a PE ratio of 24.00, a P/E/G ratio of 1.99 and a beta of 0.38. The business has a 50-day simple moving average of $176.24 and a two-hundred day simple moving average of $164.12.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.70. The firm had revenue of $10.36 billion for 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%. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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. On average, sell-side analysts predict that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 13th. Shareholders of record on Thursday, March 19th will be paid a dividend of $1.47 per share. 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 dividend payout ratio is presently 80.88%.

Wall Street Analysts Forecast Growth

PM has been the subject of a number of recent research reports. Barclays reissued an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a research note on Monday, February 23rd. Morgan Stanley reiterated an “overweight” rating and issued a $205.00 price target on shares of Philip Morris International in a report on Monday, February 9th. Needham & Company LLC upped their price objective on Philip Morris International from $190.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Stifel Nicolaus set a $200.00 price objective on Philip Morris International in a research report on Monday, February 9th. Finally, JPMorgan Chase & Co. cut their target price on Philip Morris International from $190.00 to $185.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 26th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Philip Morris International presently has a consensus rating of “Moderate Buy” and an average price target of $196.83.

Insiders Place Their Bets

In related news, CFO Emmanuel Babeau sold 33,800 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $181.61, for a total value of $6,138,418.00. Following the transaction, the chief financial officer directly owned 164,463 shares of the company’s stock, valued at $29,868,125.43. This represents a 17.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Jacek Olczak sold 80,000 shares of the company’s stock in a transaction 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 transaction, the chief executive officer directly owned 632,344 shares in the company, valued at approximately $115,200,429.92. The trade was a 11.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.13% of the company’s stock.

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.