Swiss Life Asset Management Ltd Has $45.51 Million Position in Philip Morris International Inc. $PM

Swiss Life Asset Management Ltd reduced its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 61.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 283,740 shares of the company’s stock after selling 450,888 shares during the period. Swiss Life Asset Management Ltd’s holdings in Philip Morris International were worth $45,512,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Drive Wealth Management LLC lifted its holdings in Philip Morris International by 21.3% during the 4th quarter. Drive Wealth Management LLC now owns 6,254 shares of the company’s stock valued at $1,012,000 after purchasing an additional 1,098 shares during the last quarter. Pure Financial Advisors LLC lifted its holdings in Philip Morris International by 8.6% during the 4th quarter. Pure Financial Advisors LLC now owns 23,346 shares of the company’s stock valued at $3,745,000 after purchasing an additional 1,845 shares during the last quarter. Income Insurance Ltd bought a new position in Philip Morris International during the 4th quarter valued at about $750,000. Advisor OS LLC lifted its holdings in Philip Morris International by 2.8% during the 4th quarter. Advisor OS LLC now owns 7,759 shares of the company’s stock valued at $1,245,000 after purchasing an additional 214 shares during the last quarter. Finally, Midwest Trust Co lifted its holdings in Philip Morris International by 0.3% during the 4th quarter. Midwest Trust Co now owns 274,638 shares of the company’s stock valued at $44,052,000 after purchasing an additional 926 shares during the last quarter. 78.63% of the stock is owned by institutional investors.

Philip Morris International Trading Down 0.1%

Shares of NYSE PM opened at $170.88 on Monday. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $191.30. The company has a market cap of $266.32 billion, a PE ratio of 24.03, a P/E/G ratio of 1.97 and a beta of 0.37. The company has a 50-day moving average of $166.69 and a two-hundred day moving average of $164.47.

Philip Morris International (NYSE:PM) last announced its earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.13. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The company had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.95 billion. During the same period in the previous year, the firm posted $1.69 earnings per share. The company’s revenue was up 9.1% on a year-over-year basis. 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, equities research analysts forecast that Philip Morris International Inc. will post 8.45 earnings per share for the current year.

Philip Morris International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were paid a $1.47 dividend. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.4%. Philip Morris International’s payout ratio is currently 82.70%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a report on Thursday, January 22nd. UBS Group cut their price target on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a report on Friday, April 17th. Needham & Company LLC reissued a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a report on Thursday, April 23rd. Barclays reissued an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a report on Monday, February 23rd. Finally, Citigroup lifted 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. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $192.56.

Insider Transactions at Philip Morris International

In other Philip Morris International news, CFO Emmanuel Babeau sold 33,800 shares of the business’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 directly owned 164,463 shares of the company’s stock, valued at approximately $29,868,125.43. The trade was a 17.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Jacek Olczak sold 80,000 shares of the business’s stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 632,344 shares of the company’s stock, valued at approximately $115,200,429.92. This represents a 11.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.13% of the company’s stock.

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.