Kovitz Investment Group Partners LLC Increases Stock Holdings in Philip Morris International Inc. $PM

Kovitz Investment Group Partners LLC grew its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 0.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,179,050 shares of the company’s stock after purchasing an additional 6,417 shares during the quarter. Philip Morris International makes up approximately 0.7% of Kovitz Investment Group Partners LLC’s holdings, making the stock its 26th biggest position. Kovitz Investment Group Partners LLC owned about 0.08% of Philip Morris International worth $191,242,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Koshinski Asset Management Inc. grew its position in Philip Morris International by 9.7% during the third quarter. Koshinski Asset Management Inc. now owns 14,863 shares of the company’s stock valued at $2,411,000 after buying an additional 1,318 shares during the period. Channing Capital Management LLC boosted its stake in shares of Philip Morris International by 28.2% during the 3rd quarter. Channing Capital Management LLC now owns 69,984 shares of the company’s stock worth $11,351,000 after acquiring an additional 15,396 shares during the last quarter. Dover Advisors LLC boosted its stake in shares of Philip Morris International by 15.7% during the 3rd quarter. Dover Advisors LLC now owns 9,129 shares of the company’s stock worth $1,481,000 after acquiring an additional 1,237 shares during the last quarter. Premier Fund Managers Ltd bought a new stake in shares of Philip Morris International during the 3rd quarter valued at $673,000. Finally, Semanteon Capital Management LP purchased a new stake in shares of Philip Morris International in the 3rd quarter worth $560,000. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Trading Down 0.1%

Shares of PM opened at $183.35 on Friday. The business’s 50 day moving average is $170.72 and its 200 day moving average is $163.09. The company has a market capitalization of $285.41 billion, a PE ratio of 25.22, a price-to-earnings-growth ratio of 2.09 and a beta of 0.39. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $190.98.

Philip Morris International (NYSE:PM) last posted its quarterly earnings results on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, hitting the consensus estimate of $1.70. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The business had revenue of $10.36 billion during the quarter, compared to the consensus estimate of $10.40 billion. During the same period in the prior year, the company posted $1.55 EPS. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. Philip Morris International has set its Q1 2026 guidance at 1.800-1.850 EPS and its FY 2026 guidance at 8.380-8.530 EPS. Equities research analysts predict that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Friday, December 26th were issued a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date was Friday, December 26th. Philip Morris International’s payout ratio is currently 80.88%.

Analyst Upgrades and Downgrades

PM has been the topic of several analyst reports. Morgan Stanley reiterated an “overweight” rating and set a $205.00 target price on shares of Philip Morris International in a research report on Monday, February 9th. Wall Street Zen cut Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. JPMorgan Chase & Co. reduced their target price on shares of Philip Morris International from $190.00 to $185.00 and set an “overweight” rating for the company in a report on Wednesday, November 26th. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research note on Thursday, January 22nd. Finally, Jefferies Financial Group lowered shares of Philip Morris International from a “buy” rating to a “hold” rating and dropped their price target for the stock from $220.00 to $180.00 in a research report on Tuesday, January 20th. Eleven analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $194.06.

Philip Morris International 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.