First American Trust FSB Sells 19,428 Shares of Philip Morris International Inc. $PM

First American Trust FSB reduced its stake in shares of Philip Morris International Inc. (NYSE:PM) by 33.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,061 shares of the company’s stock after selling 19,428 shares during the period. First American Trust FSB’s holdings in Philip Morris International were worth $6,105,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of PM. Dogwood Wealth Management LLC raised its holdings in Philip Morris International by 96.5% during the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after buying an additional 82 shares in the last quarter. Richards Merrill & Peterson Inc. bought a new position in Philip Morris International during the fourth quarter valued at about $28,000. Entrust Financial LLC bought a new position in Philip Morris International during the fourth quarter valued at about $31,000. Measured Wealth Private Client Group LLC bought a new position in Philip Morris International during the third quarter valued at about $32,000. Finally, FNY Investment Advisers LLC bought a new position in Philip Morris International during the third quarter valued at about $33,000. 78.63% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on PM shares. UBS Group cut their target price on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a report on Friday, April 17th. Stifel Nicolaus cut their target price on Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Bank of America restated a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Needham & Company LLC restated a “buy” rating and set a $200.00 target price on shares of Philip Morris International in a report on Thursday, April 23rd. Finally, Barclays reiterated an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a research note on Monday, February 23rd. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $192.88.

Philip Morris International Stock Performance

Philip Morris International stock opened at $183.01 on Thursday. The business’s 50-day simple moving average is $171.77 and its 200-day simple moving average is $169.52. The firm has a market capitalization of $285.23 billion, a PE ratio of 25.74, a PEG ratio of 2.06 and a beta of 0.38. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $193.05.

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 business had revenue of $10.15 billion for the quarter, compared to analyst estimates of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.69 earnings per share. 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. Research analysts forecast that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

Philip Morris International 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.