Mufg Securities Americas Inc. Has $6.81 Million Stock Position in Philip Morris International Inc. $PM

Mufg Securities Americas Inc. increased its position in shares of Philip Morris International Inc. (NYSE:PM) by 21.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,975 shares of the company’s stock after acquiring an additional 7,478 shares during the quarter. Mufg Securities Americas Inc.’s holdings in Philip Morris International were worth $6,808,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in PM. Vanguard Group Inc. raised its holdings in Philip Morris International by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 142,857,055 shares of the company’s stock worth $26,018,555,000 after purchasing an additional 2,235,380 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in shares of Philip Morris International by 69.0% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 4,512,311 shares of the company’s stock worth $821,826,000 after buying an additional 1,842,754 shares during the period. Prudential Financial Inc. raised its stake in shares of Philip Morris International by 88.9% during the second quarter. Prudential Financial Inc. now owns 2,138,118 shares of the company’s stock worth $389,415,000 after buying an additional 1,006,014 shares during the last quarter. Panagora Asset Management Inc. lifted its holdings in Philip Morris International by 142.2% in the second quarter. Panagora Asset Management Inc. now owns 1,512,514 shares of the company’s stock valued at $275,474,000 after buying an additional 888,148 shares during the period. Finally, State Street Corp boosted its stake in Philip Morris International by 1.6% in the second quarter. State Street Corp now owns 55,831,655 shares of the company’s stock valued at $10,243,429,000 after acquiring an additional 871,165 shares during the last quarter. Institutional investors own 78.63% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on PM shares. Needham & Company LLC lifted their target price on shares of Philip Morris International from $190.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a report on Thursday, January 22nd. Morgan Stanley reiterated an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 9th. Stifel Nicolaus set a $200.00 target price 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 note on Wednesday, November 26th. Eleven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Philip Morris International currently has a consensus rating of “Moderate Buy” and an average target price of $196.83.

Philip Morris International Trading Up 2.0%

PM stock opened at $187.12 on Tuesday. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $190.98. The firm has a market cap of $291.28 billion, a PE ratio of 25.74, a P/E/G ratio of 2.09 and a beta of 0.39. The business’s 50-day moving average price is $171.30 and its two-hundred day moving average price is $163.19.

Philip Morris International (NYSE:PM) last announced its quarterly earnings results on Friday, February 6th. The company reported $1.70 earnings per share (EPS) 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 company had revenue of $10.36 billion during the quarter, compared to the consensus estimate of $10.40 billion. During the same period in the prior year, the company earned $1.55 earnings per share. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. 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. On average, analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Dividend Announcement

The business 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. The ex-dividend date of this dividend was Friday, December 26th. This represents a $5.88 dividend on an annualized basis and a yield of 3.1%. Philip Morris International’s dividend payout ratio is presently 80.88%.

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.