Independent Franchise Partners LLP Purchases 48,216 Shares of Philip Morris International Inc. $PM

Independent Franchise Partners LLP increased its position in shares of Philip Morris International Inc. (NYSE:PM) by 1.3% in the 4th quarter, HoldingsChannel reports. The fund owned 3,823,728 shares of the company’s stock after acquiring an additional 48,216 shares during the period. Philip Morris International makes up about 3.9% of Independent Franchise Partners LLP’s portfolio, making the stock its 17th largest holding. Independent Franchise Partners LLP’s holdings in Philip Morris International were worth $613,326,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Portfolio Resources Advisor Group Inc. bought a new position in shares of Philip Morris International during the 4th quarter worth approximately $26,000. Dogwood Wealth Management LLC raised its stake in shares of Philip Morris International by 96.5% during 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 in the last quarter. Richards Merrill & Peterson Inc. bought a new position in shares of Philip Morris International during the 4th quarter worth approximately $28,000. Entrust Financial LLC bought a new position in shares of Philip Morris International during the 4th quarter worth approximately $31,000. Finally, Measured Wealth Private Client Group LLC bought a new position in shares of Philip Morris International during the 3rd quarter worth approximately $32,000. Institutional investors own 78.63% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on PM. Morgan Stanley boosted their target price on shares of Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 3rd. Needham & Company LLC reissued a “buy” rating and set a $200.00 target price on shares of Philip Morris International in a research report on Thursday, April 23rd. Bank of America reissued a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Stifel Nicolaus dropped their target price on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Finally, UBS Group dropped their target price on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a research report on Friday, April 17th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $192.88.

Philip Morris International Price Performance

PM stock opened at $179.43 on Thursday. The firm’s fifty day simple moving average is $174.01 and its 200-day simple moving average is $170.46. The company has a market capitalization of $279.64 billion, a P/E ratio of 25.24, a price-to-earnings-growth ratio of 2.13 and a beta of 0.38. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $193.05.

Philip Morris International (NYSE:PM) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 EPS 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 the consensus estimate of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The business’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the prior year, the firm earned $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. As a group, sell-side analysts forecast that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

Philip Morris International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 20th. Stockholders of record on Thursday, June 25th will be issued a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Thursday, June 25th. Philip Morris International’s dividend payout ratio is 82.70%.

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.