Philip Morris International Inc. $PM Shares Acquired by Diamant Asset Management Inc.

Diamant Asset Management Inc. lifted its stake in shares of Philip Morris International Inc. (NYSE:PM) by 16,434.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 710,962 shares of the company’s stock after purchasing an additional 706,662 shares during the quarter. Diamant Asset Management Inc.’s holdings in Philip Morris International were worth $117,550,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. AG Campbell Advisory LLC acquired a new position in Philip Morris International in the 4th quarter valued at $25,000. Portfolio Resources Advisor Group Inc. acquired a new stake in shares of Philip Morris International in the 4th quarter worth $26,000. Richards Merrill & Peterson Inc. acquired a new stake in shares of Philip Morris International in the 4th quarter worth $28,000. Vermillion Wealth Management Inc. boosted its holdings in shares of Philip Morris International by 146.5% in the first quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock valued at $29,000 after acquiring an additional 104 shares in the last quarter. Finally, Safe Harbor Fiduciary LLC purchased a new stake in shares of Philip Morris International in the fourth quarter valued at about $29,000. 78.63% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on PM shares. Needham & Company LLC reissued a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a report on Thursday, April 23rd. Morgan Stanley lifted their price objective on Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, June 3rd. UBS Group dropped their target price on 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. Stifel Nicolaus cut their target price on 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. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $192.88.

Philip Morris International Stock Up 1.1%

Shares of PM opened at $180.92 on Friday. The company has a 50-day simple moving average of $176.59 and a 200-day simple moving average of $171.59. The company has a market capitalization of $281.98 billion, a PE ratio of 25.45, a P/E/G ratio of 2.09 and a beta of 0.38. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $193.05.

Philip Morris International (NYSE:PM) last released its quarterly earnings data 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 firm had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $9.95 billion. During the same quarter in the previous year, the firm earned $1.69 earnings per share. The firm’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. On average, research analysts anticipate that Philip Morris International Inc. will post 8.4 EPS for the current year.

Philip Morris International Dividend Announcement

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 given a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Thursday, June 25th. Philip Morris International’s dividend payout ratio (DPR) is presently 82.70%.

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.