Philip Morris International Inc. $PM Holdings Raised by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp boosted its stake in Philip Morris International Inc. (NYSE:PM) by 11.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 952,135 shares of the company’s stock after buying an additional 97,551 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Philip Morris International were worth $152,722,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Philip Morris International by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 145,262,397 shares of the company’s stock valued at $23,300,088,000 after purchasing an additional 1,793,949 shares in the last quarter. Capital World Investors raised its holdings in shares of Philip Morris International by 2.2% during the 3rd quarter. Capital World Investors now owns 128,776,327 shares of the company’s stock valued at $20,887,743,000 after purchasing an additional 2,714,674 shares in the last quarter. Capital International Investors raised its holdings in shares of Philip Morris International by 1.0% during the 3rd quarter. Capital International Investors now owns 89,150,871 shares of the company’s stock valued at $14,461,220,000 after purchasing an additional 882,885 shares in the last quarter. Capital Research Global Investors raised its holdings in shares of 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 valued at $7,063,263,000 after purchasing an additional 2,911,835 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in shares of Philip Morris International by 2.8% during the 3rd quarter. Northern Trust Corp now owns 14,701,879 shares of the company’s stock valued at $2,384,645,000 after purchasing an additional 401,381 shares in the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Trading Down 1.7%

NYSE:PM opened at $161.47 on Tuesday. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $191.30. The firm’s fifty day simple moving average is $168.75 and its 200 day simple moving average is $164.09. The firm has a market capitalization of $251.65 billion, a PE ratio of 22.71, a PEG ratio of 1.89 and a beta of 0.43.

Philip Morris International (NYSE:PM) last posted its earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. Philip Morris International had a net margin of 13.42% and a negative return on equity of 142.02%. The business had revenue of $10.15 billion for the quarter, compared to analyst estimates of $9.95 billion. During the same period last year, the business posted $1.69 EPS. Philip Morris International’s revenue was up 9.1% compared to the same quarter last year. Philip Morris International has set its FY 2026 guidance at 8.360-8.510 EPS and its Q2 2026 guidance at 2.020-2.070 EPS. As a group, analysts anticipate that Philip Morris International Inc. will post 8.45 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 13th. Investors of record on Thursday, March 19th were paid a $1.47 dividend. The ex-dividend date was 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 82.70%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on PM shares. Needham & Company LLC restated a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a report on Thursday, April 23rd. Morgan Stanley cut their price target on shares of Philip Morris International from $205.00 to $190.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. Wall Street Zen downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Citigroup raised their price target on shares of Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Finally, Jefferies Financial Group downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating and cut their price target for the company from $220.00 to $180.00 in a report on Tuesday, January 20th. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Philip Morris International has a consensus rating of “Moderate Buy” and a consensus price target of $192.56.

Insiders Place Their Bets

In related news, CFO Emmanuel Babeau sold 33,800 shares of the firm’s stock in a transaction on 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 transaction, the chief financial officer directly owned 164,463 shares in the company, valued at approximately $29,868,125.43. This trade represents a 17.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Jacek Olczak sold 80,000 shares of the firm’s 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 transaction, the chief executive officer owned 632,344 shares in the company, valued at $115,200,429.92. The trade was a 11.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.13% of the company’s stock.

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.