Global X Japan Co. Ltd. Has $15.16 Million Stock Holdings in Philip Morris International Inc. $PM

Global X Japan Co. Ltd. lifted its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 407.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 94,517 shares of the company’s stock after acquiring an additional 75,903 shares during the period. Philip Morris International makes up about 1.2% of Global X Japan Co. Ltd.’s investment portfolio, making the stock its 24th biggest position. Global X Japan Co. Ltd.’s holdings in Philip Morris International were worth $15,161,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Marquette Asset Management LLC raised its position in Philip Morris International by 1,677.8% in the third quarter. Marquette Asset Management LLC now owns 160 shares of the company’s stock worth $26,000 after purchasing an additional 151 shares in the last quarter. Dogwood Wealth Management LLC boosted its holdings in Philip Morris International by 96.5% during the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after purchasing an additional 82 shares in the last quarter. Estabrook Capital Management bought a new stake in shares of Philip Morris International in the 2nd quarter valued at approximately $30,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Philip Morris International in the 3rd quarter valued at approximately $32,000. Finally, FNY Investment Advisers LLC acquired a new position in shares of Philip Morris International in the 3rd quarter worth approximately $33,000. Institutional investors own 78.63% of the company’s stock.

Wall Street Analysts Forecast Growth

PM has been the subject of several analyst reports. Wall Street Zen downgraded Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Jefferies Financial Group cut Philip Morris International from a “buy” rating to a “hold” rating and lowered their price target for the company from $220.00 to $180.00 in a research report on Tuesday, January 20th. Citigroup increased their price objective on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. UBS Group reissued a “neutral” rating and set a $181.50 price objective on shares of Philip Morris International in a report on Monday, February 9th. Finally, Morgan Stanley restated an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a research note on Monday, February 9th. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $196.83.

Insiders Place Their Bets

In other news, CEO Jacek Olczak sold 80,000 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $182.18, for a total transaction of $14,574,400.00. Following the transaction, the chief executive officer owned 632,344 shares of the company’s stock, valued at $115,200,429.92. This represents a 11.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Emmanuel Babeau sold 33,800 shares of the firm’s stock in a transaction dated Thursday, February 19th. The shares were 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 owned 164,463 shares in the company, valued at approximately $29,868,125.43. This represents 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 company insiders.

Philip Morris International Trading Down 1.8%

PM opened at $162.48 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 $252.93 billion, a PE ratio of 22.35, a PEG ratio of 1.88 and a beta of 0.38. The firm has a 50-day moving average price of $176.80 and a two-hundred day moving average price of $164.22.

Philip Morris International (NYSE:PM) last announced its earnings results on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.70. The company had revenue of $10.36 billion for the quarter, compared to analyst estimates of $10.40 billion. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. Philip Morris International’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the business earned $1.55 earnings per share. 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 predict that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

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

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.