Contrarius Group Holdings Ltd Purchases 12,367 Shares of Philip Morris International Inc. $PM

Contrarius Group Holdings Ltd boosted its position in Philip Morris International Inc. (NYSE:PM) by 32.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 50,395 shares of the company’s stock after acquiring an additional 12,367 shares during the period. Contrarius Group Holdings Ltd’s holdings in Philip Morris International were worth $8,083,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in PM. Dogwood Wealth Management LLC grew its holdings in Philip Morris International by 96.5% in the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after acquiring an additional 82 shares during the last quarter. Richards Merrill & Peterson Inc. purchased a new position in Philip Morris International during the 4th quarter valued at about $28,000. Entrust Financial LLC purchased a new position in Philip Morris International during the 4th quarter valued at about $31,000. Measured Wealth Private Client Group LLC purchased a new position in Philip Morris International during the 3rd quarter valued at about $32,000. Finally, FNY Investment Advisers LLC purchased a new position in Philip Morris International during the 3rd quarter valued at about $33,000. Institutional investors own 78.63% of the company’s stock.

Analysts Set New Price Targets

PM has been the topic of a number of research analyst reports. UBS Group reduced their price target on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a report on Friday, April 17th. Morgan Stanley upped their target price on Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday. Stifel Nicolaus decreased their target price on Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a report on Friday, April 10th. Bank of America restated a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Finally, Barclays restated an “overweight” rating and set a $205.00 target price on shares of Philip Morris International in a report on Monday, February 23rd. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $192.88.

Philip Morris International Stock Performance

Philip Morris International stock opened at $178.66 on Monday. The stock’s 50 day simple moving average is $170.84 and its two-hundred day simple moving average is $169.02. The stock has a market cap of $278.45 billion, a price-to-earnings ratio of 25.13, a PEG ratio of 2.06 and a beta of 0.38. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $193.05.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.13. The business had revenue of $10.15 billion for the quarter, compared to analysts’ expectations of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The business’s revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.69 EPS. Philip Morris International has set its FY 2026 guidance at 8.360-8.510 EPS and its Q2 2026 guidance at 2.020-2.070 EPS. On average, analysts predict that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

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.