Titan Investment Management LLC Makes New Investment in Philip Morris International Inc. $PM

Titan Investment Management LLC acquired a new position in shares of Philip Morris International Inc. (NYSE:PMFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 12,670 shares of the company’s stock, valued at approximately $2,032,000. Philip Morris International accounts for about 1.9% of Titan Investment Management LLC’s holdings, making the stock its 19th biggest position.

Other hedge funds also recently modified their holdings of the company. Portfolio Resources Advisor Group Inc. bought a new position in Philip Morris International during the fourth quarter worth $26,000. Dogwood Wealth Management LLC grew its holdings in Philip Morris International by 96.5% in the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after purchasing an additional 82 shares during the period. Richards Merrill & Peterson Inc. bought a new stake in Philip Morris International in the fourth quarter valued at $28,000. Safe Harbor Fiduciary LLC acquired a new position in shares of Philip Morris International during the fourth quarter valued at about $29,000. Finally, Entrust Financial LLC acquired a new position in shares of Philip Morris International during the fourth quarter valued at about $31,000. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Down 0.4%

Shares of PM stock opened at $178.68 on Friday. The company has a 50 day moving average of $174.44 and a 200-day moving average of $170.61. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $193.05. The firm has a market cap of $278.48 billion, a P/E ratio of 25.13, a PEG ratio of 2.07 and a beta of 0.38.

Philip Morris International (NYSE:PMGet Free Report) last posted its quarterly 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. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The company had revenue of $10.15 billion for the quarter, compared to analysts’ expectations of $9.95 billion. During the same quarter in the previous year, the firm posted $1.69 EPS. Philip Morris International’s revenue was up 9.1% on a year-over-year basis. 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, equities analysts expect that Philip Morris International Inc. will post 8.4 EPS for the current year.

Philip Morris International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 20th. Shareholders 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 annualized dividend and a dividend yield of 3.3%. Philip Morris International’s payout ratio is presently 82.70%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on PM shares. UBS Group dropped their price target on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a research report on Friday, April 17th. Morgan Stanley upped their price objective on shares of Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 3rd. Stifel Nicolaus decreased 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. Bank of America reissued a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Finally, Barclays restated an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a research note on Monday, February 23rd. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $192.88.

View Our Latest Analysis on PM

Philip Morris International Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Philip Morris International (NYSE:PM)

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