Raleigh Capital Management Inc. Purchases 4,091 Shares of Philip Morris International Inc. $PM

Raleigh Capital Management Inc. grew its position in Philip Morris International Inc. (NYSE:PM) by 33.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,340 shares of the company’s stock after acquiring an additional 4,091 shares during the quarter. Philip Morris International accounts for 1.0% of Raleigh Capital Management Inc.’s portfolio, making the stock its 24th biggest holding. Raleigh Capital Management Inc.’s holdings in Philip Morris International were worth $2,621,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Marquette Asset Management LLC increased its position in shares of Philip Morris International by 1,677.8% during the 3rd quarter. Marquette Asset Management LLC now owns 160 shares of the company’s stock valued at $26,000 after purchasing an additional 151 shares during the last quarter. Dogwood Wealth Management LLC increased its position in shares of Philip Morris International by 96.5% during the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after purchasing an additional 82 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new position in shares of Philip Morris International during the 3rd quarter valued at approximately $32,000. McIlrath & Eck LLC bought a new position in shares of Philip Morris International during the 2nd quarter valued at approximately $36,000. Finally, FNY Investment Advisers LLC bought a new position in shares of Philip Morris International during the 3rd quarter valued at approximately $33,000. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Trading Up 1.3%

Shares of PM opened at $160.14 on Tuesday. The firm has a market capitalization of $249.58 billion, a P/E ratio of 22.03, a P/E/G ratio of 1.80 and a beta of 0.43. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $191.30. The firm has a fifty day moving average price of $175.30 and a 200-day moving average price of $164.05.

Philip Morris International (NYSE:PM) last issued its earnings results on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.70. The firm 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 business’s revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the firm 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. Analysts predict that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, April 13th. Shareholders of record on Thursday, March 19th will be issued a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Thursday, March 19th. Philip Morris International’s dividend payout ratio is currently 80.88%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Needham & Company LLC boosted their target price on Philip Morris International from $190.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. UBS Group reissued a “neutral” rating and set a $181.50 target price on shares of Philip Morris International in a research report on Monday, February 9th. Stifel Nicolaus set a $200.00 target price on Philip Morris International in a research report on Monday, February 9th. Citigroup boosted their target price on Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Finally, Barclays reissued an “overweight” rating and set a $205.00 target price on shares of Philip Morris International in a research report on Monday, February 23rd. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $196.83.

Insider Buying and Selling at Philip Morris International

In other Philip Morris International 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 value of $14,574,400.00. Following the completion of the sale, the chief executive officer directly owned 632,344 shares in the company, valued at approximately $115,200,429.92. This represents a 11.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Emmanuel Babeau sold 33,800 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $181.61, for a total value of $6,138,418.00. Following the completion of the sale, the chief financial officer owned 164,463 shares of the company’s stock, valued at $29,868,125.43. This represents a 17.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.13% of the stock is currently owned by corporate insiders.

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.