Philip Morris International (NYSE:PM) Shares Acquired Sen. Markwayne Mullin

Senator Markwayne Mullin (R-Oklahoma) recently bought shares of Philip Morris International Inc. (NYSE:PM). In a filing disclosed on February 27th, the Senator disclosed that they had bought between $15,001 and $50,000 in Philip Morris International stock on February 13th.

Senator Markwayne Mullin also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/13/2025.
• Sold $15,001 – $50,000 in shares of Honeywell International (NASDAQ:HON) on 2/13/2025.
• Purchased $15,001 – $50,000 in shares of IQVIA (NYSE:IQV) on 2/13/2025.
• Sold $15,001 – $50,000 in shares of Brick (TSE:BRK) on 2/13/2025.
• Sold $100,001 – $250,000 in shares of Vanguard Materials ETF (NYSEARCA:VAW) on 2/13/2025.
• Purchased $50,001 – $100,000 in shares of Microsoft (NASDAQ:MSFT) on 2/13/2025.
• Sold $15,001 – $50,000 in shares of Constellation Brands (NYSE:STZ) on 2/13/2025.
• Purchased $50,001 – $100,000 in shares of LPL Financial (NASDAQ:LPLA) on 2/13/2025.
• Purchased $15,001 – $50,000 in shares of TJX Companies (NYSE:TJX) on 2/13/2025.
• Sold $50,001 – $100,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 2/13/2025.

Philip Morris International Stock Performance

Shares of NYSE:PM opened at $155.26 on Friday. The company has a 50-day simple moving average of $132.90 and a 200-day simple moving average of $127.81. Philip Morris International Inc. has a one year low of $87.82 and a one year high of $158.39. The stock has a market capitalization of $241.41 billion, a price-to-earnings ratio of 34.43, a PEG ratio of 2.65 and a beta of 0.55.

Philip Morris International (NYSE:PM) last announced its earnings results on Thursday, February 6th. The company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.06. Philip Morris International had a net margin of 7.89% and a negative return on equity of 120.08%. As a group, research analysts forecast that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, January 13th. Stockholders of record on Thursday, December 26th were issued a $1.35 dividend. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $5.40 dividend on an annualized basis and a dividend yield of 3.48%. Philip Morris International’s payout ratio is 119.73%.

Insider Activity at Philip Morris International

In other Philip Morris International news, CEO Jacek Olczak sold 40,000 shares of the business’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $148.87, for a total value of $5,954,800.00. Following the completion of the sale, the chief executive officer now directly owns 547,426 shares of the company’s stock, valued at $81,495,308.62. The trade was a 6.81 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Yann Guerin sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $151.28, for a total transaction of $378,200.00. Following the completion of the sale, the senior vice president now directly owns 30,308 shares of the company’s stock, valued at $4,584,994.24. This represents a 7.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 128,143 shares of company stock valued at $19,092,846. Corporate insiders own 0.13% of the company’s stock.

Institutional Trading of Philip Morris International

Several large investors have recently modified their holdings of PM. Omnia Family Wealth LLC grew its position in Philip Morris International by 1.7% during the fourth quarter. Omnia Family Wealth LLC now owns 3,851 shares of the company’s stock valued at $469,000 after purchasing an additional 65 shares in the last quarter. Meridian Wealth Partners LLC grew its position in Philip Morris International by 4.1% during the fourth quarter. Meridian Wealth Partners LLC now owns 1,781 shares of the company’s stock valued at $214,000 after purchasing an additional 70 shares in the last quarter. NewSquare Capital LLC grew its position in Philip Morris International by 53.7% during the fourth quarter. NewSquare Capital LLC now owns 206 shares of the company’s stock valued at $25,000 after purchasing an additional 72 shares in the last quarter. Creative Financial Designs Inc. ADV grew its position in Philip Morris International by 2.1% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 3,628 shares of the company’s stock valued at $437,000 after purchasing an additional 73 shares in the last quarter. Finally, Balboa Wealth Partners grew its position in Philip Morris International by 2.0% during the fourth quarter. Balboa Wealth Partners now owns 3,712 shares of the company’s stock valued at $447,000 after purchasing an additional 74 shares in the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on PM shares. StockNews.com cut shares of Philip Morris International from a “buy” rating to a “hold” rating in a report on Monday, February 10th. Barclays increased their price target on shares of Philip Morris International from $145.00 to $175.00 and gave the stock an “overweight” rating in a report on Wednesday. JPMorgan Chase & Co. increased their price target on shares of Philip Morris International from $145.00 to $160.00 and gave the stock an “overweight” rating in a report on Tuesday, February 18th. Stifel Nicolaus increased their price target on shares of Philip Morris International from $145.00 to $160.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Finally, UBS Group increased their price target on shares of Philip Morris International from $105.00 to $120.00 and gave the stock a “sell” rating in a report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $144.56.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

About Philip Morris International

Philip Morris International Inc operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches.