Vestmark Advisory Solutions Inc. lessened its holdings in shares of Philip Morris International Inc. (NYSE:PM – Free Report) by 35.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 50,858 shares of the company’s stock after selling 27,471 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Philip Morris International were worth $8,249,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in PM. Corient Private Wealth LLC boosted its holdings in shares of Philip Morris International by 1.2% in the second quarter. Corient Private Wealth LLC now owns 490,590 shares of the company’s stock valued at $89,354,000 after acquiring an additional 5,681 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Philip Morris International by 10.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 549,481 shares of the company’s stock worth $84,922,000 after buying an additional 51,399 shares in the last quarter. Dynasty Wealth Management LLC lifted its holdings in shares of Philip Morris International by 53.0% in the third quarter. Dynasty Wealth Management LLC now owns 27,772 shares of the company’s stock valued at $4,505,000 after buying an additional 9,622 shares during the period. Westwood Holdings Group Inc. boosted its stake in Philip Morris International by 295.8% during the second quarter. Westwood Holdings Group Inc. now owns 67,717 shares of the company’s stock valued at $12,333,000 after buying an additional 50,610 shares in the last quarter. Finally, Stratos Wealth Partners LTD. grew its holdings in Philip Morris International by 23.6% during the third quarter. Stratos Wealth Partners LTD. now owns 43,926 shares of the company’s stock worth $7,125,000 after acquiring an additional 8,392 shares during the period. 78.63% of the stock is owned by institutional investors.
Philip Morris International Trading Down 0.1%
Shares of NYSE PM opened at $183.35 on Monday. The firm has a market capitalization of $285.41 billion, a PE ratio of 25.22, a PEG ratio of 2.09 and a beta of 0.39. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $190.98. The business has a 50-day moving average price of $170.72 and a two-hundred day moving average price of $163.06.
Philip Morris International Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Friday, December 26th were issued a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Friday, December 26th. Philip Morris International’s dividend payout ratio (DPR) is currently 80.88%.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on PM. UBS Group reaffirmed a “neutral” rating and issued a $181.50 price objective on shares of Philip Morris International in a research note on Monday, February 9th. Needham & Company LLC increased their price objective on Philip Morris International from $190.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Morgan Stanley reaffirmed an “overweight” rating and set a $205.00 target price on shares of Philip Morris International in a research report on Monday, February 9th. JPMorgan Chase & Co. decreased their price target on Philip Morris International from $190.00 to $185.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. Finally, Citigroup lifted their price target on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Eleven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $196.83.
View Our Latest Stock Report on Philip Morris International
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.
Read More
- Five stocks we like better than Philip Morris International
- The gold chart Wall Street is terrified of…
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
- This $15 Stock Could Go Down as the #1 Stock of 2026
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
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.
