71 West Capital Partners purchased a new stake in shares of Philip Morris International Inc. (NYSE:PM – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 5,113 shares of the company’s stock, valued at approximately $820,000.
A number of other large investors also recently bought and sold shares of the business. Capital Financial Group Inc. Co. ADV purchased a new position in Philip Morris International during the 4th quarter valued at about $1,133,000. LFG Wealth Partners LLC purchased a new position in Philip Morris International during the 4th quarter valued at about $2,949,000. Okabena Investment Services Inc. lifted its position in Philip Morris International by 8.3% during the 4th quarter. Okabena Investment Services Inc. now owns 3,257 shares of the company’s stock valued at $522,000 after acquiring an additional 250 shares during the period. Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its position in Philip Morris International by 13.8% during the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 1,980 shares of the company’s stock valued at $318,000 after acquiring an additional 240 shares during the period. Finally, Trustco Bank Corp N Y lifted its position in Philip Morris International by 5.5% during the 4th quarter. Trustco Bank Corp N Y now owns 3,835 shares of the company’s stock valued at $615,000 after acquiring an additional 200 shares during the period. 78.63% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
PM has been the subject of a number of recent research reports. Barclays reissued an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a research report on Monday, February 23rd. Stifel Nicolaus reduced their price objective on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research note on Friday, April 10th. UBS Group reduced their price objective on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a research note on Friday, April 17th. Morgan Stanley raised their price objective 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. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $192.88.
Philip Morris International Stock Performance
NYSE:PM opened at $181.94 on Tuesday. The firm has a market cap of $283.57 billion, a P/E ratio of 25.59, a P/E/G ratio of 2.13 and a beta of 0.38. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $193.05. The firm has a 50-day simple moving average of $173.09 and a two-hundred day simple moving average of $170.10.
Philip Morris International (NYSE:PM – Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The business had revenue of $10.15 billion during the quarter, compared to analyst estimates of $9.95 billion. During the same period last year, the business earned $1.69 EPS. Philip Morris International’s revenue was up 9.1% compared to the same quarter last year. 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. On average, equities research analysts predict that Philip Morris International Inc. will post 8.4 EPS for the current year.
Philip Morris International Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, July 20th. Stockholders of record on Thursday, June 25th will be paid a $1.47 dividend. The ex-dividend date is Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.2%. Philip Morris International’s 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.
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