Philip Morris International (NYSE:PM) Shares Unloaded Rep. Greg Landsman

Representative Greg Landsman (D-Ohio) recently sold shares of Philip Morris International Inc. NYSE: PM. In a filing disclosed on April 08th, the Representative disclosed that they had sold between $15,001 and $50,000 in Philip Morris International stock on March 27th. The trade occurred in the Representative's "ROCKEFELLER CAPITAL MANAGEMENT (2)" account.

Representative Greg Landsman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of CrowdStrike NASDAQ: CRWD on 3/27/2025.
• Sold $1,001 - $15,000 in shares of Cadence Design Systems NASDAQ: CDNS on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Simon Property Group NYSE: SPG on 3/27/2025.
• Sold $1,001 - $15,000 in shares of L3Harris Technologies NYSE: LHX on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Visa NYSE: V on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Cencora NYSE: COR on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Alphabet NASDAQ: GOOGL on 3/27/2025.
• Sold $1,001 - $15,000 in shares of Ameriprise Financial NYSE: AMP on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Salesforce NYSE: CRM on 3/27/2025.
• Sold $1,001 - $15,000 in shares of Equinix NASDAQ: EQIX on 3/27/2025.

Philip Morris International Stock Up 1.8 %

PM traded up $2.68 during trading on Friday, hitting $153.85. The company's stock had a trading volume of 6,458,822 shares, compared to its average volume of 5,569,399. The stock's fifty day moving average price is $152.03 and its 200-day moving average price is $134.63. The firm has a market capitalization of $239.47 billion, a P/E ratio of 34.11, a PEG ratio of 2.65 and a beta of 0.46. Philip Morris International Inc. has a twelve month low of $87.82 and a twelve month high of $163.08.

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Philip Morris International (NYSE:PM - Get Free Report) last issued its earnings results on Thursday, February 6th. The company reported $1.55 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.49 by $0.06. Philip Morris International had a negative return on equity of 120.08% and a net margin of 7.89%. Equities research analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Thursday, March 20th were issued a dividend of $1.35 per share. The ex-dividend date was Thursday, March 20th. This represents a $5.40 dividend on an annualized basis and a yield of 3.51%. Philip Morris International's payout ratio is currently 119.73%.

Wall Street Analysts Forecast Growth

PM has been the topic of a number of research reports. UBS Group boosted their price objective on Philip Morris International from $105.00 to $120.00 and gave the company a "sell" rating in a research note on Friday, February 7th. Morgan Stanley assumed coverage on Philip Morris International in a report on Thursday, January 16th. They set an "overweight" rating and a $140.00 price objective for the company. Argus raised Philip Morris International from a "hold" rating to a "buy" rating in a research note on Friday, March 14th. StockNews.com cut shares of Philip Morris International from a "buy" rating to a "hold" rating in a research note on Monday, February 10th. Finally, Barclays increased their target price on Philip Morris International from $145.00 to $175.00 and gave the company an "overweight" rating in a report on Wednesday, February 26th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $145.44.

Hedge Funds Weigh In On Philip Morris International

Institutional investors and hedge funds have recently made changes to their positions in the business. Range Financial Group LLC grew its position in Philip Morris International by 504.9% during the 4th quarter. Range Financial Group LLC now owns 22,915 shares of the company's stock valued at $2,758,000 after purchasing an additional 19,127 shares during the last quarter. Park Avenue Securities LLC boosted its holdings in shares of Philip Morris International by 18.9% in the fourth quarter. Park Avenue Securities LLC now owns 100,826 shares of the company's stock worth $12,134,000 after buying an additional 16,035 shares during the last quarter. CWA Asset Management Group LLC grew its position in shares of Philip Morris International by 37.5% during the 4th quarter. CWA Asset Management Group LLC now owns 24,200 shares of the company's stock valued at $2,912,000 after acquiring an additional 6,605 shares during the period. Ritholtz Wealth Management increased its position in Philip Morris International by 50.9% in the fourth quarter. Ritholtz Wealth Management now owns 53,884 shares of the company's stock worth $6,485,000 after buying an additional 18,183 shares in the last quarter. Finally, Czech National Bank raised its stake in Philip Morris International by 6.4% during the 4th quarter. Czech National Bank now owns 337,119 shares of the company's stock worth $40,572,000 after acquiring an additional 20,390 shares during the period. Institutional investors own 78.63% of the company's stock.

Insider Activity

In other Philip Morris International news, VP Reginaldo Dobrowolski sold 5,000 shares of the business's stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $149.88, for a total transaction of $749,400.00. Following the sale, the vice president now directly owns 20,799 shares of the company's stock, valued at $3,117,354.12. The trade was a 19.38 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Yann Guerin sold 2,500 shares of the firm's stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $151.28, for a total value of $378,200.00. Following the completion of the sale, the senior vice president now owns 30,308 shares of the company's stock, valued at approximately $4,584,994.24. This represents a 7.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 131,822 shares of company stock worth $19,655,585 in the last three months. Company insiders own 0.14% of the company's stock.

About Representative Landsman

Greg Landsman (Democratic Party) is a member of the U.S. House, representing Ohio's 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Landsman (Democratic Party) is running for re-election to the U.S. House to represent Ohio's 1st Congressional District. He declared candidacy for the 2026 election. Greg Landsman was born in Cincinnati, Ohio, and lives in Mt. Washington, Ohio. Landsman earned a B.A. in economics and political science from Ohio University and an M.A. in theological studies, religion, and public policy from Harvard University in 2004. His career experience includes working as the executive director of The Strive Partnership with the KnowledgeWorks Foundation and the director of the Ohio Governor's Office of Faith-Based and Community Initiatives.

Philip Morris International Company Profile

Philip Morris International Inc operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches.