First Nebraska Trust Co Buys New Stake in Philip Morris International Inc. $PM

First Nebraska Trust Co purchased a new stake in Philip Morris International Inc. (NYSE:PM) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 17,561 shares of the company’s stock, valued at approximately $2,904,000.

A number of other institutional investors also recently bought and sold shares of the business. Capital International Investors increased its holdings in shares of Philip Morris International by 13.7% in the 4th quarter. Capital International Investors now owns 101,377,875 shares of the company’s stock valued at $16,262,967,000 after acquiring an additional 12,227,004 shares during the last quarter. Capital Research Global Investors lifted its stake in Philip Morris International by 25.3% during the fourth quarter. Capital Research Global Investors now owns 54,559,706 shares of the company’s stock worth $8,751,407,000 after purchasing an additional 11,013,173 shares during the last quarter. Capital World Investors boosted its holdings in Philip Morris International by 2.8% in the fourth quarter. Capital World Investors now owns 132,355,726 shares of the company’s stock valued at $21,230,315,000 after purchasing an additional 3,579,399 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Philip Morris International by 36.3% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 9,301,112 shares of the company’s stock valued at $1,491,898,000 after purchasing an additional 2,475,204 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in Philip Morris International by 12.0% in the first quarter. Bank of America Corp DE now owns 17,230,669 shares of the company’s stock valued at $2,848,919,000 after purchasing an additional 1,847,421 shares during the last quarter. 78.63% of the stock is owned by hedge funds and other institutional investors.

Philip Morris International Price Performance

PM stock opened at $191.13 on Friday. The company has a fifty day moving average price of $183.37 and a 200 day moving average price of $176.77. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $207.76. The company has a market cap of $297.90 billion, a price-to-earnings ratio of 27.46, a price-to-earnings-growth ratio of 2.30 and a beta of 0.38.

Philip Morris International (NYSE:PM) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share for the quarter, topping analysts’ consensus estimates of $2.05 by $0.15. Philip Morris International had a net margin of 11.06% and a negative return on equity of 163.41%. The firm had revenue of $11.19 billion during the quarter, compared to analysts’ expectations of $10.60 billion. During the same quarter in the prior year, the business earned $1.89 EPS. Philip Morris International’s quarterly revenue was up 10.4% compared to the same quarter last year. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. As a group, analysts anticipate that Philip Morris International Inc. will post 8.33 earnings per share for the current year.

Philip Morris International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, July 20th. Investors of record on Thursday, June 25th were issued a dividend of $1.47 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.1%. Philip Morris International’s dividend payout ratio (DPR) is currently 84.48%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on PM. Needham & Company LLC raised their price objective on shares of Philip Morris International from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Barclays increased their target price on shares of Philip Morris International from $205.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday. Citigroup boosted their price target on shares of Philip Morris International from $210.00 to $225.00 and gave the company a “buy” rating in a research report on Thursday. Stifel Nicolaus upped their price objective on shares of Philip Morris International from $195.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Finally, Morgan Stanley raised their price objective on Philip Morris International from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. Eleven research 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, the stock has an average rating of “Moderate Buy” and an average target price of $205.89.

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.