Philip Morris International Inc. $PM Shares Sold by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. lessened its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 9.5% in the fourth quarter, HoldingsChannel reports. The fund owned 54,825 shares of the company’s stock after selling 5,773 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in Philip Morris International were worth $8,794,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Dogwood Wealth Management LLC boosted its position in Philip Morris International by 96.5% during the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after acquiring an additional 82 shares during the period. Richards Merrill & Peterson Inc. acquired a new position in Philip Morris International during the 4th quarter worth $28,000. Measured Wealth Private Client Group LLC acquired a new position in Philip Morris International during the 3rd quarter worth $32,000. McIlrath & Eck LLC acquired a new position in Philip Morris International during the 2nd quarter worth $36,000. Finally, FNY Investment Advisers LLC acquired a new position in Philip Morris International during the 3rd quarter worth $33,000. Institutional investors and hedge funds own 78.63% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on PM shares. Needham & Company LLC reiterated a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a research report on Thursday, April 23rd. Stifel Nicolaus dropped their price objective on Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research note on Thursday, January 22nd. Jefferies Financial Group downgraded Philip Morris International from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $220.00 to $180.00 in a research note on Tuesday, January 20th. Finally, Citigroup boosted 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. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $192.56.

Philip Morris International Stock Performance

PM opened at $187.78 on Thursday. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $191.30. The stock’s fifty day moving average is $166.29 and its 200-day moving average is $165.20. The company has a market capitalization of $292.66 billion, a PE ratio of 26.41, a P/E/G ratio of 2.15 and a beta of 0.37.

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

Philip Morris International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 13th. Stockholders of record on Thursday, March 19th were given a dividend of $1.47 per share. 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 3.1%. Philip Morris International’s payout ratio is 82.70%.

Insiders Place Their Bets

In other news, CFO Emmanuel Babeau sold 33,800 shares of the business’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $181.61, for a total transaction of $6,138,418.00. Following the sale, the chief financial officer directly owned 164,463 shares of the company’s stock, valued at $29,868,125.43. The trade was a 17.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Jacek Olczak sold 80,000 shares of the business’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 sale, the chief executive officer directly owned 632,344 shares in the company, valued at $115,200,429.92. This trade represents a 11.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.13% of the stock is owned by insiders.

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.