OLD National Bancorp IN Sells 4,118 Shares of Philip Morris International Inc. $PM

OLD National Bancorp IN lowered its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 10.1% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 36,579 shares of the company’s stock after selling 4,118 shares during the period. OLD National Bancorp IN’s holdings in Philip Morris International were worth $5,867,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wealth Enhancement Advisory Services LLC grew its position in shares of Philip Morris International by 10.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 549,481 shares of the company’s stock valued at $84,922,000 after purchasing an additional 51,399 shares during the last quarter. Schroder Investment Management Group lifted its holdings in shares of Philip Morris International by 10.2% during the third quarter. Schroder Investment Management Group now owns 302,173 shares of the company’s stock worth $49,251,000 after buying an additional 27,979 shares in the last quarter. Trajan Wealth LLC lifted its holdings in shares of Philip Morris International by 31.2% during the third quarter. Trajan Wealth LLC now owns 132,295 shares of the company’s stock worth $21,458,000 after buying an additional 31,490 shares in the last quarter. Dynasty Wealth Management LLC lifted its holdings in shares of Philip Morris International by 53.0% during the third quarter. Dynasty Wealth Management LLC now owns 27,772 shares of the company’s stock worth $4,505,000 after buying an additional 9,622 shares in the last quarter. Finally, Stratos Wealth Partners LTD. lifted its holdings in shares of Philip Morris International by 23.6% during the third quarter. Stratos Wealth Partners LTD. now owns 43,926 shares of the company’s stock worth $7,125,000 after buying an additional 8,392 shares in the last quarter. Institutional investors own 78.63% of the company’s stock.

Insider Buying and Selling at Philip Morris International

In other news, CFO Emmanuel Babeau sold 33,800 shares of the 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 completion of the transaction, the chief financial officer directly owned 164,463 shares in the company, valued at approximately $29,868,125.43. This represents a 17.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jacek Olczak sold 80,000 shares of the 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 owned 632,344 shares of the company’s stock, valued at $115,200,429.92. The trade was a 11.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.13% of the stock is owned by corporate insiders.

Analyst Ratings Changes

PM has been the subject of a number of research reports. Wall Street Zen downgraded Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Jefferies Financial Group downgraded Philip Morris International from a “buy” rating to a “hold” rating and dropped their target price for the stock from $220.00 to $180.00 in a report on Tuesday, January 20th. Citigroup lifted their target price on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Morgan Stanley cut their price target on Philip Morris International from $205.00 to $190.00 and set an “overweight” rating for the company in a research note on Friday, April 17th. Finally, UBS Group cut their price target on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a research note on Friday, April 17th. 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, Philip Morris International currently has an average rating of “Moderate Buy” and a consensus price target of $192.56.

Philip Morris International Price Performance

NYSE PM opened at $169.39 on Friday. The business has a fifty day moving average price of $169.73 and a two-hundred day moving average price of $163.85. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $191.30. The stock has a market capitalization of $264.00 billion, a PE ratio of 23.82, a PEG ratio of 1.98 and a beta of 0.43.

Philip Morris International (NYSE:PM) last released its earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.13. Philip Morris International had a negative return on equity of 142.02% and a net margin of 13.42%.The firm had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. During the same period in the prior year, the company earned $1.69 earnings per share. The company’s quarterly revenue was up 9.1% on a year-over-year basis. 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. As a group, sell-side analysts expect that Philip Morris International Inc. will post 8.44 earnings per share for the current year.

Philip Morris International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were paid a dividend of $1.47 per share. The ex-dividend date was Thursday, March 19th. This represents a $5.88 annualized dividend and a yield of 3.5%. Philip Morris International’s dividend payout ratio is presently 80.88%.

Philip Morris International News Roundup

Here are the key news stories impacting Philip Morris International this week:

• Positive Sentiment: Q1 beat and smoke‑free momentum: PM reported adjusted EPS of $1.96 and revenue of $10.15B (both above consensus); management highlighted strong international smoke‑free product growth that helped offset U.S. headwinds. PM Q1 Deep Dive: International Smoke-Free Growth and Strong Pricing Offset U.S. Headwinds
• Positive Sentiment: Analyst support: Needham reaffirmed a “buy” rating and set a $200 price target, offering upside versus the current level and reinforcing investor confidence. Needham reaffirms buy, $200 PT
• Positive Sentiment: Brand/licensing expansion: PMI expanded its long‑running Ducati Corse partnership so ZYN nicotine pouch branding will appear on select MotoGP liveries — marketing reach for its leading pouch brand. Philip Morris International Expands its Partnership with Ducati Corse as Decades-Long Partnership Races Forward with Purpose
• Neutral Sentiment: Guidance updated: PMI provided Q2 (2.020–2.070 EPS) and FY‑2026 (8.360–8.510 EPS) ranges; FY is roughly in line with consensus but Q2 guidance is slightly below street expectations — a short‑term headwind to estimates. Philip Morris International Reports 2026 First-Quarter Results and Updates 2026 Full-Year Adjusted Diluted EPS Forecast
• Negative Sentiment: Trimmed profit outlook and pouch uncertainty: Management cut its annual profit forecast signaling pressure from competition in nicotine pouches and regulatory uncertainty around ZYN, a factor that investors see as a material forward risk. Philip Morris cuts annual profit forecast
• Negative Sentiment: Illicit market / public policy risk in Canada: RBH (a PMI affiliate) is urging federal coordination after a KPMG report estimated large tax revenue losses from contraband tobacco in Canada — enforcement, taxes or policy responses could affect volumes or spark reputational/regulatory scrutiny. CANADA LOSING $2.1 BILLION IN TAX REVENUE SAYS KPMG REPORT

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.