Uhlmann Price Securities LLC Buys 4,391 Shares of Philip Morris International Inc. $PM

Uhlmann Price Securities LLC increased its position in Philip Morris International Inc. (NYSE:PMFree Report) by 351.0% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 5,642 shares of the company’s stock after purchasing an additional 4,391 shares during the quarter. Uhlmann Price Securities LLC’s holdings in Philip Morris International were worth $925,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Diversified Trust Co raised its stake in Philip Morris International by 31.9% during the 1st quarter. Diversified Trust Co now owns 73,044 shares of the company’s stock worth $12,077,000 after buying an additional 17,663 shares during the period. Baron Wealth Management LLC acquired a new stake in Philip Morris International in the first quarter valued at approximately $217,000. Nations Financial Group Inc. IA ADV grew its stake in Philip Morris International by 134.6% in the first quarter. Nations Financial Group Inc. IA ADV now owns 5,945 shares of the company’s stock valued at $983,000 after acquiring an additional 3,411 shares during the period. Physicians Financial Services Inc. increased its holdings in shares of Philip Morris International by 2.3% during the first quarter. Physicians Financial Services Inc. now owns 8,171 shares of the company’s stock valued at $1,351,000 after acquiring an additional 180 shares in the last quarter. Finally, Brady Martz Wealth Solutions LLC bought a new stake in shares of Philip Morris International during the first quarter valued at approximately $491,000. 78.63% of the stock is owned by institutional investors.

Philip Morris International Stock Up 0.2%

PM stock opened at $178.68 on Friday. The firm has a market capitalization of $278.48 billion, a PE ratio of 25.13, a P/E/G ratio of 2.06 and a beta of 0.38. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $193.05. The stock’s 50 day moving average is $174.79 and its 200-day moving average is $170.67.

Philip Morris International (NYSE:PMGet Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.13. The business had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.Philip Morris International’s revenue was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.69 earnings per share. 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, equities research analysts anticipate that Philip Morris International Inc. will post 8.4 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

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

Analyst Upgrades and Downgrades

PM has been the topic of a number of research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Barclays restated an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a research note on Monday, February 23rd. Needham & Company LLC restated a “buy” rating and set a $200.00 price objective on shares of Philip Morris International in a report on Thursday, April 23rd. Stifel Nicolaus dropped their price objective on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Finally, UBS Group reduced their price objective on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a report on Friday, April 17th. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Philip Morris International currently has a consensus rating of “Moderate Buy” and a consensus price target of $192.88.

Get Our Latest Analysis on PM

Philip Morris International Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding PM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Philip Morris International Inc. (NYSE:PMFree Report).

Institutional Ownership by Quarter for Philip Morris International (NYSE:PM)

Receive News & Ratings for Philip Morris International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Philip Morris International and related companies with MarketBeat.com's FREE daily email newsletter.