Philip Morris International Inc. $PM Holdings Raised by Canada Post Corp Registered Pension Plan

Canada Post Corp Registered Pension Plan lifted its stake in shares of Philip Morris International Inc. (NYSE:PM) by 18.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 53,475 shares of the company’s stock after purchasing an additional 8,260 shares during the quarter. Canada Post Corp Registered Pension Plan’s holdings in Philip Morris International were worth $8,577,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. raised its holdings in Philip Morris International by 0.6% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 234,116 shares of the company’s stock worth $37,552,000 after purchasing an additional 1,306 shares in the last quarter. Hills Bank & Trust Co raised its holdings in Philip Morris International by 8.6% during the fourth quarter. Hills Bank & Trust Co now owns 5,510 shares of the company’s stock worth $884,000 after purchasing an additional 435 shares in the last quarter. Center for Financial Planning Inc. raised its holdings in Philip Morris International by 1.5% during the fourth quarter. Center for Financial Planning Inc. now owns 6,032 shares of the company’s stock worth $968,000 after purchasing an additional 87 shares in the last quarter. Financial Security Advisor Inc. raised its holdings in Philip Morris International by 8.2% during the fourth quarter. Financial Security Advisor Inc. now owns 25,203 shares of the company’s stock worth $4,079,000 after purchasing an additional 1,910 shares in the last quarter. Finally, IMG Wealth Management Inc. raised its holdings in Philip Morris International by 4.9% during the fourth quarter. IMG Wealth Management Inc. now owns 1,772 shares of the company’s stock worth $284,000 after purchasing an additional 82 shares in the last quarter. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Performance

NYSE PM opened at $189.66 on Friday. The business’s fifty day moving average is $166.78 and its two-hundred day moving average is $165.61. The stock has a market capitalization of $295.59 billion, a P/E ratio of 26.67, a P/E/G ratio of 2.18 and a beta of 0.37. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $192.95.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.13. The firm had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.69 EPS. 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. On average, research analysts forecast that Philip Morris International Inc. will post 8.45 earnings per share for the current year.

Philip Morris International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were issued a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.1%. The ex-dividend date was Thursday, March 19th. Philip Morris International’s payout ratio is presently 82.70%.

Insider Activity

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

Analysts Set New Price Targets

Several equities research analysts recently commented on PM shares. Jefferies Financial Group cut 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. Barclays reiterated an “overweight” rating and issued a $205.00 price target on shares of Philip Morris International in a research report on Monday, February 23rd. UBS Group dropped 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 research report on Friday, April 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research report on Thursday, January 22nd. Finally, Citigroup boosted their price target on shares of Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $192.56.

Philip Morris International Company 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.