Philip Morris International Inc. $PM Stock Sold by Commonwealth Equity Services LLC

Posted by Brenda Bartman on Nov 7th, 2026

Commonwealth Equity Services LLC decreased its holdings in shares of Philip Morris International Inc. (NYSE:PM – Free Report) by 18.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 389,530 shares of the company’s stock after selling 85,788 shares during the period. Commonwealth Equity Services LLC’s holdings in Philip Morris International were worth $74,330,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Philip Morris International during the second quarter worth $29,000. Cedar Mountain Advisors LLC lifted its stake in Philip Morris International by 60.2% in the first quarter. Cedar Mountain Advisors LLC now owns 189 shares of the company’s stock valued at $31,000 after buying an additional 71 shares during the period. Wilkerson Advisory Group LLC boosted its holdings in Philip Morris International by 109.2% during the first quarter. Wilkerson Advisory Group LLC now owns 205 shares of the company’s stock worth $34,000 after buying an additional 107 shares during the last quarter. Kelly Lawrence W & Associates Inc. CA bought a new position in Philip Morris International during the second quarter worth about $34,000. Finally, Kilter Group LLC acquired a new position in shares of Philip Morris International during the 2nd quarter worth about $35,000. Institutional investors and hedge funds own 78.63% of the company’s stock.

Philip Morris International Trading Down 1.9%

Shares of PM stock traded down $3.73 during trading hours on Friday, hitting $197.76. 5,637,781 shares of the company were exchanged, compared to its average volume of 4,641,165. Philip Morris International Inc. has a 52 week low of $146.35 and a 52 week high of $214.35. The business has a 50 day moving average of $195.56 and a two-hundred day moving average of $182.81. The company has a market capitalization of $308.25 billion, a PE ratio of 28.87, a PEG ratio of 2.79 and a beta of 0.34.

Philip Morris International (NYSE:PM – Get Free Report) last posted its quarterly earnings data on Wednesday, October 21st. The company reported $2.36 EPS for the quarter, beating the consensus estimate of $2.30 by $0.06. The business had revenue of $11.44 billion for the quarter, compared to analysts’ expectations of $11.32 billion. Philip Morris International had a net margin of 10.73% and a negative return on equity of 183.96%. The firm’s revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.24 EPS. On average, research analysts forecast that Philip Morris International Inc. will post 8.32 EPS for the current year.

Philip Morris International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 26th. Stockholders of record on Friday, October 2nd were given a dividend of $1.60 per share. This is an increase from Philip Morris International’s previous quarterly dividend of $1.47. This represents a $6.40 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, October 2nd. Philip Morris International’s payout ratio is currently 93.43%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on PM. Needham & Company LLC lifted their price objective on shares of Philip Morris International from $215.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, October 22nd. Argus lifted their price target on shares of Philip Morris International from $210.00 to $220.00 and gave the stock a “buy” rating in a research report on Monday, October 26th. Stifel Nicolaus upped their price objective on shares of Philip Morris International from $205.00 to $232.00 and gave the company a “buy” rating in a research report on Tuesday. Barclays raised their price objective on Philip Morris International from $205.00 to $225.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Finally, Citigroup boosted their target price on Philip Morris International from $210.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $212.40.

View Our Latest Analysis on PM

Philip Morris International Company Profile

(Free Report)

Philip Morris International is a global tobacco and nicotine company that develops, manufactures and sells cigarettes and smoke-free products. Its cigarette brands include Marlboro in markets outside the United States, along with other regional and international brands.

The company’s smoke-free portfolio includes IQOS heated tobacco products, ZYN nicotine pouches and VEEV e-vapor products. Philip Morris International sells its products in markets around the world, with availability varying by country and subject to local regulations.

Philip Morris International became an independent publicly traded company in 2008 after separating from Altria Group.