Shell Asset Management Co. Trims Stock Position in Philip Morris International Inc. $PM

Shell Asset Management Co. decreased its stake in shares of Philip Morris International Inc. (NYSE:PM) by 63.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,116 shares of the company’s stock after selling 39,966 shares during the period. Shell Asset Management Co.’s holdings in Philip Morris International were worth $3,749,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of PM. Vanguard Group Inc. grew its holdings in shares of Philip Morris International by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 142,857,055 shares of the company’s stock worth $26,018,555,000 after acquiring an additional 2,235,380 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its position in shares of Philip Morris International by 69.0% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 4,512,311 shares of the company’s stock valued at $821,826,000 after purchasing an additional 1,842,754 shares in the last quarter. Prudential Financial Inc. grew its stake in Philip Morris International by 88.9% in the second quarter. Prudential Financial Inc. now owns 2,138,118 shares of the company’s stock worth $389,415,000 after purchasing an additional 1,006,014 shares during the period. Panagora Asset Management Inc. raised its holdings in Philip Morris International by 142.2% in the second quarter. Panagora Asset Management Inc. now owns 1,512,514 shares of the company’s stock worth $275,474,000 after purchasing an additional 888,148 shares in the last quarter. Finally, State Street Corp lifted its position in Philip Morris International by 1.6% during the second quarter. State Street Corp now owns 55,831,655 shares of the company’s stock valued at $10,243,429,000 after buying an additional 871,165 shares during the period. 78.63% of the stock is owned by institutional investors.

Philip Morris International Stock Down 0.8%

NYSE:PM opened at $187.35 on Friday. The stock has a market cap of $291.64 billion, a price-to-earnings ratio of 25.77, a PEG ratio of 2.07 and a beta of 0.39. The company’s 50 day moving average price is $167.34 and its 200-day moving average price is $162.35. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $190.98.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.70. The company had revenue of $10.36 billion during 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%. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.55 EPS. 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, sell-side analysts anticipate that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Friday, December 26th were issued a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 3.1%. The ex-dividend date was Friday, December 26th. Philip Morris International’s dividend payout ratio (DPR) is presently 80.88%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on PM. JPMorgan Chase & Co. reduced their target price on shares of Philip Morris International from $190.00 to $185.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 26th. The Goldman Sachs Group restated a “buy” rating on shares of Philip Morris International in a report on Wednesday, October 22nd. Wall Street Zen lowered shares of Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Citigroup upped their price target on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a research report on Monday, February 9th. Eleven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Philip Morris International presently has a consensus rating of “Moderate Buy” and a consensus price target of $194.06.

About Philip Morris International

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.