Savant Capital LLC cut its holdings in Philip Morris International Inc. (NYSE:PM – Free Report) by 62.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 32,003 shares of the company’s stock after selling 53,005 shares during the period. Savant Capital LLC’s holdings in Philip Morris International were worth $5,133,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently bought and sold shares of the business. Tranquility Partners LLC boosted its holdings in Philip Morris International by 2.4% in the 4th quarter. Tranquility Partners LLC now owns 2,489 shares of the company’s stock worth $399,000 after buying an additional 59 shares during the period. Stonebridge Financial Group LLC boosted its holdings in Philip Morris International by 2.2% in the 4th quarter. Stonebridge Financial Group LLC now owns 2,763 shares of the company’s stock worth $443,000 after buying an additional 60 shares during the period. Capital Advisors Wealth Management LLC boosted its holdings in Philip Morris International by 1.8% in the 4th quarter. Capital Advisors Wealth Management LLC now owns 3,372 shares of the company’s stock worth $541,000 after buying an additional 61 shares during the period. CFO4Life Group LLC boosted its holdings in Philip Morris International by 1.5% in the 4th quarter. CFO4Life Group LLC now owns 4,212 shares of the company’s stock worth $676,000 after buying an additional 61 shares during the period. Finally, Townsend Asset Management Corp NC ADV boosted its holdings in Philip Morris International by 2.4% in the 4th quarter. Townsend Asset Management Corp NC ADV now owns 2,662 shares of the company’s stock valued at $427,000 after purchasing an additional 62 shares during the period. 78.63% of the stock is owned by institutional investors.
Analysts Set New Price Targets
PM has been the subject of several analyst reports. UBS Group cut their price target 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. Citigroup raised their price target on shares of Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Needham & Company LLC reissued a “buy” rating and issued a $200.00 price target on shares of Philip Morris International in a report on Thursday, April 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Finally, Barclays reissued an “overweight” rating and issued a $205.00 price target on shares of Philip Morris International in a report on Monday, February 23rd. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $192.56.
Philip Morris International Stock Performance
NYSE PM opened at $177.67 on Friday. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $193.05. The company has a market capitalization of $276.91 billion, a P/E ratio of 24.99, a P/E/G ratio of 2.04 and a beta of 0.37. The company has a fifty day moving average of $169.70 and a 200-day moving average of $168.22.
Philip Morris International (NYSE:PM – Get Free Report) last issued its earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.13. The company had revenue of $10.15 billion for 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%. The firm’s revenue was up 9.1% compared to the same quarter last year. During the same quarter last year, the company earned $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. As a group, analysts forecast that Philip Morris International Inc. will post 8.45 EPS for the current fiscal year.
Philip Morris International Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, April 13th. Investors of record on Thursday, March 19th were given a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date was Thursday, March 19th. Philip Morris International’s dividend payout ratio (DPR) is presently 82.70%.
About Philip Morris International
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.
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