Tounjian Advisory Partners LLC Has $3.16 Million Stake in Philip Morris International Inc. $PM

Tounjian Advisory Partners LLC raised its holdings in Philip Morris International Inc. (NYSE:PMFree Report) by 147.3% in the 4th quarter, HoldingsChannel reports. The firm owned 19,702 shares of the company’s stock after purchasing an additional 11,736 shares during the quarter. Philip Morris International accounts for approximately 1.1% of Tounjian Advisory Partners LLC’s portfolio, making the stock its 20th largest position. Tounjian Advisory Partners LLC’s holdings in Philip Morris International were worth $3,160,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Philip Morris International by 0.4% during the third quarter. Vanguard Group Inc. now owns 143,468,448 shares of the company’s stock worth $23,270,582,000 after purchasing an additional 611,393 shares during the last quarter. Capital World Investors raised its holdings in shares of Philip Morris International by 2.2% in the third quarter. Capital World Investors now owns 128,776,327 shares of the company’s stock valued at $20,887,743,000 after buying an additional 2,714,674 shares during the last quarter. Capital International Investors lifted its position in Philip Morris International by 1.0% during the 3rd quarter. Capital International Investors now owns 89,150,871 shares of the company’s stock worth $14,461,220,000 after buying an additional 882,885 shares in the last quarter. State Street Corp lifted its position in Philip Morris International by 1.6% during the 2nd quarter. State Street Corp now owns 55,831,655 shares of the company’s stock worth $10,243,429,000 after buying an additional 871,165 shares in the last quarter. Finally, Capital Research Global Investors grew its holdings in Philip Morris International by 7.2% during the 3rd quarter. Capital Research Global Investors now owns 43,546,533 shares of the company’s stock worth $7,063,263,000 after acquiring an additional 2,911,835 shares during the last quarter. Institutional investors and hedge funds own 78.63% of the company’s stock.

Insiders Place Their Bets

In other Philip Morris International news, 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 completion of the sale, the chief executive officer owned 632,344 shares of the company’s stock, valued at approximately $115,200,429.92. The trade was a 11.23% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Emmanuel Babeau sold 33,800 shares of the company’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 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 disclosure for this sale is available in the SEC filing. 0.13% of the stock is currently owned by insiders.

Philip Morris International Trading Down 0.3%

Shares of NYSE:PM opened at $162.90 on Friday. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $191.30. The stock has a market capitalization of $253.58 billion, a P/E ratio of 22.41, a P/E/G ratio of 1.86 and a beta of 0.38. The business has a 50-day moving average price of $177.19 and a two-hundred day moving average price of $164.18.

Philip Morris International (NYSE:PMGet Free Report) last issued its earnings results on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.70. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The company had revenue of $10.36 billion for the quarter, compared to analyst estimates of $10.40 billion. During the same quarter last year, the firm earned $1.55 EPS. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. 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. As a group, equities analysts predict that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 13th. Shareholders of record on Thursday, March 19th will be paid a $1.47 dividend. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $5.88 dividend on an annualized basis and a yield of 3.6%. Philip Morris International’s dividend payout ratio (DPR) is presently 80.88%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on PM. Jefferies Financial Group cut shares of Philip Morris International from a “buy” rating to a “hold” rating and lowered their price objective for the company from $220.00 to $180.00 in a research report on Tuesday, January 20th. Needham & Company LLC upped their target price on shares of Philip Morris International from $190.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Stifel Nicolaus set a $200.00 price target on shares of Philip Morris International in a research note on Monday, February 9th. Citigroup boosted 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 report on Tuesday, February 10th. Finally, Barclays reaffirmed an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $196.83.

Read Our Latest Report on Philip Morris International

About Philip Morris International

(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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Institutional Ownership by Quarter for Philip Morris International (NYSE:PM)

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