Garde Capital Inc. Sells 3,006 Shares of Philip Morris International Inc. $PM

Garde Capital Inc. reduced its stake in Philip Morris International Inc. (NYSE:PM) by 48.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 3,241 shares of the company’s stock after selling 3,006 shares during the period. Garde Capital Inc.’s holdings in Philip Morris International were worth $520,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in PM. Dogwood Wealth Management LLC boosted its holdings in shares of Philip Morris International by 96.5% in the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after acquiring an additional 82 shares during the period. Richards Merrill & Peterson Inc. bought a new position in shares of Philip Morris International in the fourth quarter worth $28,000. Entrust Financial LLC bought a new position in shares of Philip Morris International in the fourth quarter worth $31,000. Measured Wealth Private Client Group LLC bought a new stake in Philip Morris International during the third quarter valued at $32,000. Finally, FNY Investment Advisers LLC bought a new stake in Philip Morris International during the third quarter valued at $33,000. 78.63% of the stock is owned by institutional investors.

Philip Morris International Stock Performance

NYSE:PM opened at $178.64 on Friday. The stock has a fifty day moving average of $169.46 and a 200 day moving average of $168.16. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $193.05. The firm has a market capitalization of $278.42 billion, a price-to-earnings ratio of 25.12, a P/E/G ratio of 2.09 and a beta of 0.37.

Philip Morris International (NYSE:PM) last released its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The business had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $9.95 billion. During the same quarter last year, the business posted $1.69 earnings per share. The company’s revenue for the quarter 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. Equities analysts forecast that Philip Morris International Inc. will post 8.45 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were given a dividend of $1.47 per share. The ex-dividend date was Thursday, March 19th. This represents a $5.88 dividend on an annualized basis and a yield of 3.3%. Philip Morris International’s dividend payout ratio (DPR) is presently 82.70%.

Wall Street Analysts Forecast Growth

PM has been the subject of several research analyst reports. UBS Group dropped their price objective 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. Needham & Company LLC reissued a “buy” rating and set a $200.00 price objective on shares of Philip Morris International in a research note on Thursday, April 23rd. Citigroup lifted their price objective on Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Morgan Stanley dropped their price objective 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, Stifel Nicolaus dropped their price objective on Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research note on Friday, April 10th. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.