Philip Morris International (NYSE:PM) CEO Jacek Olczak Sells 80,000 Shares of Stock

Philip Morris International Inc. (NYSE:PMGet Free Report) CEO Jacek Olczak sold 80,000 shares of Philip Morris International stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $182.18, for a total value of $14,574,400.00. Following the sale, the chief executive officer directly owned 632,344 shares in the company, valued at $115,200,429.92. The trade was a 11.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Philip Morris International Price Performance

Shares of PM stock opened at $186.55 on Friday. The firm has a market cap of $290.40 billion, a price-to-earnings ratio of 25.66, a P/E/G ratio of 2.14 and a beta of 0.39. The stock’s fifty day simple moving average is $173.71 and its 200 day simple moving average is $163.78. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $191.30.

Philip Morris International (NYSE:PMGet Free Report) last issued its quarterly earnings results on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.70. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The business had revenue of $10.36 billion during the quarter, compared to analyst estimates of $10.40 billion. During the same quarter last year, the business posted $1.55 earnings per share. Philip Morris International’s revenue for the quarter was up 6.8% compared to the same quarter last year. Philip Morris International has set its Q1 2026 guidance at 1.800-1.850 EPS and its FY 2026 guidance at 8.380-8.530 EPS. On average, research analysts anticipate that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Friday, December 26th were issued a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date was Friday, December 26th. Philip Morris International’s dividend payout ratio is 80.88%.

Institutional Trading of Philip Morris International

A number of institutional investors and hedge funds have recently bought and sold shares of PM. Resurgent Financial Advisors LLC lifted its position in shares of Philip Morris International by 3.7% in the 4th quarter. Resurgent Financial Advisors LLC now owns 1,523 shares of the company’s stock worth $244,000 after purchasing an additional 54 shares during the period. Douglass Winthrop Advisors LLC lifted its holdings in Philip Morris International by 0.3% in the fourth quarter. Douglass Winthrop Advisors LLC now owns 18,344 shares of the company’s stock valued at $2,942,000 after buying an additional 56 shares during the period. Outlook Wealth Advisors LLC grew its stake in Philip Morris International by 4.6% during the fourth quarter. Outlook Wealth Advisors LLC now owns 1,320 shares of the company’s stock worth $212,000 after purchasing an additional 58 shares during the period. Aristotle Capital Management LLC boosted its stake in Philip Morris International by 4.4% during the fourth quarter. Aristotle Capital Management LLC now owns 1,384 shares of the company’s stock worth $222,000 after acquiring an additional 58 shares in the last quarter. Finally, Tranquility Partners LLC increased its position in Philip Morris International by 2.4% in the 4th quarter. Tranquility Partners LLC now owns 2,489 shares of the company’s stock valued at $399,000 after buying an additional 59 shares in the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Philip Morris International

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Wall Street Analysts Forecast Growth

PM has been the subject of several recent analyst reports. Needham & Company LLC increased their price objective on Philip Morris International from $190.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. UBS Group reaffirmed a “neutral” rating and issued a $181.50 price objective on shares of Philip Morris International in a report on Monday, February 9th. Stifel Nicolaus set a $200.00 price target on shares of Philip Morris International in a research note on Monday, February 9th. Citigroup lifted their price objective on shares of Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a report on Thursday, January 22nd. Eleven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $196.83.

View Our Latest Stock Report on Philip Morris International

About Philip Morris International

(Get Free Report)

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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