Sanctuary Advisors LLC Has $52.52 Million Stock Position in Philip Morris International Inc. $PM

Sanctuary Advisors LLC increased its stake in shares of Philip Morris International Inc. (NYSE:PM) by 9.0% during the 1st quarter, HoldingsChannel.com reports. The fund owned 317,635 shares of the company’s stock after acquiring an additional 26,165 shares during the period. Sanctuary Advisors LLC’s holdings in Philip Morris International were worth $52,518,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. AG Campbell Advisory LLC bought a new stake in shares of Philip Morris International during the 4th quarter worth approximately $25,000. Portfolio Resources Advisor Group Inc. bought a new position in shares of Philip Morris International in the fourth quarter valued at $26,000. Richards Merrill & Peterson Inc. bought a new position in shares of Philip Morris International in the fourth quarter valued at $28,000. Safe Harbor Fiduciary LLC acquired a new position in Philip Morris International during the fourth quarter worth $29,000. Finally, Vermillion Wealth Management Inc. increased its holdings in Philip Morris International by 146.5% during the first quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock worth $29,000 after buying an additional 104 shares during the last quarter. 78.63% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Morgan Stanley increased their price target on shares of Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, June 3rd. Needham & Company LLC restated a “buy” rating and set a $200.00 price objective on shares of Philip Morris International in a research note on Thursday, April 23rd. 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 report on Friday, April 10th. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Finally, Bank of America reiterated a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $194.62.

Philip Morris International Price Performance

PM stock opened at $176.44 on Wednesday. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $193.05. The stock has a market cap of $274.98 billion, a price-to-earnings ratio of 24.82, a price-to-earnings-growth ratio of 2.12 and a beta of 0.38. The company has a fifty day moving average price of $181.35 and a two-hundred day moving average price of $173.92.

Philip Morris International (NYSE:PM) last posted its earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.13. The company had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. Philip Morris International’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same quarter last year, the company 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. Research analysts anticipate that Philip Morris International Inc. will post 8.39 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

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