Philip Morris International Inc. $PM Stock Holdings Lifted by Bollard Group LLC

Bollard Group LLC increased its position in shares of Philip Morris International Inc. (NYSE:PM) by 5.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 83,320 shares of the company’s stock after acquiring an additional 4,439 shares during the quarter. Bollard Group LLC’s holdings in Philip Morris International were worth $13,515,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Cannell & Spears LLC boosted its stake in Philip Morris International by 1.1% in the 3rd quarter. Cannell & Spears LLC now owns 30,542 shares of the company’s stock worth $4,954,000 after purchasing an additional 329 shares during the period. Clear Street Group Inc. acquired a new stake in Philip Morris International during the 3rd quarter valued at $770,000. Atreides Management LP acquired a new stake in Philip Morris International during the 3rd quarter valued at $45,270,000. Ausdal Financial Partners Inc. lifted its holdings in shares of Philip Morris International by 32.6% in the third quarter. Ausdal Financial Partners Inc. now owns 17,519 shares of the company’s stock valued at $2,842,000 after purchasing an additional 4,306 shares in the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. lifted its holdings in shares of Philip Morris International by 43.5% in the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 41,997 shares of the company’s stock valued at $6,812,000 after purchasing an additional 12,727 shares in the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Morgan Stanley reiterated an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a report on Monday, February 9th. 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. Stifel Nicolaus set a $200.00 price objective on Philip Morris International in a research report on Monday, February 9th. UBS Group reiterated a “neutral” rating and issued a $181.50 target price on shares of Philip Morris International in a report on Monday, February 9th. Finally, Needham & Company LLC increased their price target on shares of Philip Morris International from $190.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Philip Morris International currently has a consensus rating of “Moderate Buy” and an average target price of $196.83.

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 stock was sold at an average price of $182.18, for a total value of $14,574,400.00. Following the transaction, the chief executive officer owned 632,344 shares in the company, valued at approximately $115,200,429.92. This represents a 11.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Emmanuel Babeau sold 33,800 shares of Philip Morris International 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 completion of the sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.13% of the company’s stock.

Philip Morris International Trading Up 1.5%

Shares of NYSE:PM opened at $174.52 on Friday. The firm has a market cap of $271.67 billion, a price-to-earnings ratio of 24.00, a P/E/G ratio of 1.99 and a beta of 0.38. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $191.30. The business has a fifty day simple moving average of $176.24 and a 200 day simple moving average of $164.12.

Philip Morris International (NYSE:PM) last issued its earnings results on Friday, February 6th. The company reported $1.70 EPS for the quarter, meeting analysts’ consensus estimates 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 the consensus estimate of $10.40 billion. During the same quarter in the previous year, the company posted $1.55 earnings per share. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. 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 forecast that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, April 13th. Investors of record on Thursday, March 19th will be paid a $1.47 dividend. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $5.88 annualized dividend and a dividend yield of 3.4%. 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.