Prospera Financial Services Inc Purchases 10,578 Shares of Philip Morris International Inc. $PM

Prospera Financial Services Inc boosted its position in Philip Morris International Inc. (NYSE:PM) by 41.0% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 36,358 shares of the company’s stock after purchasing an additional 10,578 shares during the period. Prospera Financial Services Inc’s holdings in Philip Morris International were worth $5,899,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. Second Line Capital LLC increased its holdings in Philip Morris International by 4.8% in the 2nd quarter. Second Line Capital LLC now owns 1,338 shares of the company’s stock worth $245,000 after acquiring an additional 61 shares during the last quarter. Meridian Wealth Partners LLC boosted its position in Philip Morris International by 3.1% during the second quarter. Meridian Wealth Partners LLC now owns 2,060 shares of the company’s stock worth $375,000 after purchasing an additional 62 shares during the period. Bernardo Wealth Planning LLC boosted its position in Philip Morris International by 1.8% during the second quarter. Bernardo Wealth Planning LLC now owns 3,584 shares of the company’s stock worth $653,000 after purchasing an additional 62 shares during the period. Raiffeisen Bank International AG increased its stake in shares of Philip Morris International by 1.4% in the second quarter. Raiffeisen Bank International AG now owns 4,471 shares of the company’s stock worth $803,000 after purchasing an additional 63 shares in the last quarter. Finally, Nia Impact Advisors LLC raised its position in shares of Philip Morris International by 4.2% in the second quarter. Nia Impact Advisors LLC now owns 1,577 shares of the company’s stock valued at $287,000 after purchasing an additional 63 shares during the period. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Trading Up 0.4%

PM stock opened at $182.57 on Wednesday. The company’s 50 day moving average is $165.06 and its 200 day moving average is $161.79. The stock has a market cap of $284.20 billion, a price-to-earnings ratio of 25.11, a price-to-earnings-growth ratio of 2.01 and a beta of 0.39. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $186.69.

Philip Morris International (NYSE:PM) last announced its earnings results on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.70. The business had revenue of $10.36 billion during the quarter, compared to analyst estimates of $10.40 billion. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. Philip Morris International’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the previous year, the business posted $1.55 earnings per share. Philip Morris International has set its Q1 2026 guidance at 1.800-1.850 EPS and its FY 2026 guidance at 8.380-8.530 EPS. As a group, sell-side analysts forecast that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Friday, December 26th were paid a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Friday, December 26th. Philip Morris International’s dividend payout ratio is currently 80.88%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on PM shares. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Philip Morris International in a report on Wednesday, October 22nd. Citigroup raised their price target on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday. Stifel Nicolaus set a $200.00 price target on Philip Morris International in a research report on Monday. Morgan Stanley restated an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a research note on Monday. Finally, Barclays decreased their price target on Philip Morris International from $220.00 to $180.00 and set an “overweight” rating on the stock in a research report on Monday, November 17th. Eleven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $194.06.

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.