Premier Fund Managers Ltd Purchases New Position in Philip Morris International Inc. $PM

Premier Fund Managers Ltd acquired a new position in Philip Morris International Inc. (NYSE:PM) in the 3rd quarter, HoldingsChannel reports. The firm acquired 4,126 shares of the company’s stock, valued at approximately $673,000.

A number of other large investors have also recently made changes to their positions in the business. Corient Private Wealth LLC grew its stake in Philip Morris International by 1.2% in the second quarter. Corient Private Wealth LLC now owns 490,590 shares of the company’s stock worth $89,354,000 after purchasing an additional 5,681 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Philip Morris International by 10.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 549,481 shares of the company’s stock valued at $84,922,000 after buying an additional 51,399 shares in the last quarter. Dynasty Wealth Management LLC grew its position in shares of Philip Morris International by 53.0% in the 3rd quarter. Dynasty Wealth Management LLC now owns 27,772 shares of the company’s stock worth $4,505,000 after buying an additional 9,622 shares during the period. Westwood Holdings Group Inc. increased its stake in shares of Philip Morris International by 295.8% in the 2nd quarter. Westwood Holdings Group Inc. now owns 67,717 shares of the company’s stock worth $12,333,000 after acquiring an additional 50,610 shares in the last quarter. Finally, Stratos Wealth Partners LTD. lifted its position in Philip Morris International by 23.6% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 43,926 shares of the company’s stock valued at $7,125,000 after acquiring an additional 8,392 shares during the period. 78.63% of the stock is currently owned by institutional investors.

Philip Morris International Trading Down 0.1%

Shares of PM opened at $183.35 on Friday. The company has a market cap of $285.41 billion, a price-to-earnings ratio of 25.22, a P/E/G ratio of 2.09 and a beta of 0.39. The business’s fifty day simple moving average is $170.72 and its two-hundred day simple moving average is $163.09. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $190.98.

Philip Morris International (NYSE:PM) last posted its quarterly earnings results on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, hitting the consensus estimate of $1.70. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The firm had revenue of $10.36 billion during the quarter, compared to analysts’ expectations of $10.40 billion. During the same quarter in the previous year, the business earned $1.55 earnings per share. The company’s revenue was up 6.8% on a year-over-year basis. 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, research analysts forecast that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Friday, December 26th were issued a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, December 26th. Philip Morris International’s dividend payout ratio (DPR) is presently 80.88%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Jefferies Financial Group cut shares of Philip Morris International from a “buy” rating to a “hold” rating and cut their price objective for the stock from $220.00 to $180.00 in a report on Tuesday, January 20th. UBS Group reaffirmed a “neutral” rating and set a $181.50 price objective on shares of Philip Morris International in a research report on Monday, February 9th. Wall Street Zen downgraded Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Stifel Nicolaus set a $200.00 price target on Philip Morris International in a report on Monday, February 9th. Finally, JPMorgan Chase & Co. lowered their price target on Philip Morris International from $190.00 to $185.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. Eleven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $194.06.

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.