Wealth Enhancement Trust Services Inc. bought a new position in Philip Morris International Inc. (NYSE:PM – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,468 shares of the company’s stock, valued at approximately $877,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of PM. Brighton Jones LLC grew its stake in Philip Morris International by 31.1% in the 4th quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after acquiring an additional 2,023 shares during the period. Revolve Wealth Partners LLC grew its stake in Philip Morris International by 4.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock worth $252,000 after acquiring an additional 91 shares during the period. Sivia Capital Partners LLC grew its stake in Philip Morris International by 53.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company’s stock worth $1,027,000 after acquiring an additional 1,970 shares during the period. Jump Financial LLC purchased a new stake in Philip Morris International in the 2nd quarter worth approximately $2,454,000. Finally, Osterweis Capital Management Inc. grew its stake in Philip Morris International by 2,280.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 357 shares of the company’s stock worth $65,000 after acquiring an additional 342 shares during the period. 78.63% of the stock is owned by hedge funds and other institutional investors.
Philip Morris International Stock Up 0.1%
Shares of PM opened at $157.90 on Monday. The firm has a market cap of $246.09 billion, a PE ratio of 21.72, a price-to-earnings-growth ratio of 1.90 and a beta of 0.43. The company’s fifty day moving average is $171.64 and its two-hundred day moving average is $163.81. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $191.30.
Philip Morris International Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were issued a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Thursday, March 19th. Philip Morris International’s dividend payout ratio (DPR) is 80.88%.
Analyst Upgrades and Downgrades
PM has been the subject of several recent analyst reports. Needham & Company LLC lowered their target price on shares of Philip Morris International from $205.00 to $200.00 and set a “buy” rating for the company in a research note on Monday, April 13th. Morgan Stanley decreased their price target on shares of Philip Morris International from $205.00 to $190.00 and set an “overweight” rating on the stock in a report on Friday. Wall Street Zen lowered shares of Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. UBS Group decreased 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. Finally, Jefferies Financial Group lowered shares of Philip Morris International from a “buy” rating to a “hold” rating and decreased their price target for the company from $220.00 to $180.00 in a report on Tuesday, January 20th. Ten research 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, the company presently has an average rating of “Moderate Buy” and a consensus target price of $192.56.
Check Out Our Latest Stock Analysis on PM
Key Stories Impacting Philip Morris International
Here are the key news stories impacting Philip Morris International this week:
- Positive Sentiment: FDA renews MRTP authorization for IQOS, allowing PMI to continue communicating reduced-exposure claims to adult smokers in the U.S.; this preserves a competitive advantage in heat-not-burn products and supports the company’s smoke-free growth narrative. BusinessWire Article Financial Post Article
- Positive Sentiment: Analyst/commentary notes potential for Q1 EPS upside and short-term positive earnings reaction — investors may be positioning ahead of/after Q1 results for a possible beat-driven move. Seeking Alpha Article
- Positive Sentiment: Brokerage consensus remains constructive (consensus “Moderate Buy”), supporting demand for the shares among institutional holders. AmericanBankingNews Article
- Neutral Sentiment: Street previews and model-tracker pieces flag Q1 results and key operating metrics to watch (volume/mix, pricing, smoke-free sales) — these items are driving near-term focus but not a clear directional surprise consensus. Yahoo Finance Article Zacks Article
- Neutral Sentiment: New commercial tie-up with Ferrari Hypersail is a branding/partnership play — positive for marketing but unlikely to move fundamentals materially in the near term. Yahoo Finance Partnership Article
- Negative Sentiment: UBS flags that FY2026 sales growth could be under pressure, which is a reminder of potential top-line/headwind risks even as margins/pricing stabilize — a risk for forward guidance and multiple expansion. Yahoo/UBS Article
Insiders Place Their Bets
In related news, CFO Emmanuel Babeau sold 33,800 shares of Philip Morris International stock in a transaction 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 transaction, the chief financial officer owned 164,463 shares in the company, valued at approximately $29,868,125.43. The trade was a 17.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Jacek Olczak sold 80,000 shares of Philip Morris International stock in a transaction 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 transaction, the chief executive officer owned 632,344 shares in the company, valued at $115,200,429.92. The trade was a 11.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.13% of the stock is owned by company insiders.
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.
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