Philip Morris International Inc. $PM Shares Purchased by Czech National Bank

Czech National Bank boosted its position in shares of Philip Morris International Inc. (NYSE:PM) by 4.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 443,626 shares of the company’s stock after purchasing an additional 19,671 shares during the period. Czech National Bank’s holdings in Philip Morris International were worth $80,256,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Capital International Investors increased its holdings in shares of Philip Morris International by 13.7% during the 4th quarter. Capital International Investors now owns 101,377,875 shares of the company’s stock worth $16,262,967,000 after buying an additional 12,227,004 shares during the last quarter. Capital Research Global Investors lifted its holdings in Philip Morris International by 25.3% in the fourth quarter. Capital Research Global Investors now owns 54,559,706 shares of the company’s stock valued at $8,751,407,000 after acquiring an additional 11,013,173 shares during the last quarter. Capital World Investors lifted its holdings in Philip Morris International by 2.8% in the fourth quarter. Capital World Investors now owns 132,355,726 shares of the company’s stock valued at $21,230,315,000 after acquiring an additional 3,579,399 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in Philip Morris International by 36.3% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 9,301,112 shares of the company’s stock worth $1,491,898,000 after acquiring an additional 2,475,204 shares during the period. Finally, Bank of America Corp DE grew its position in Philip Morris International by 12.0% in the first quarter. Bank of America Corp DE now owns 17,230,669 shares of the company’s stock worth $2,848,919,000 after acquiring an additional 1,847,421 shares during the period. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have commented on PM shares. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Stifel Nicolaus increased their price target on Philip Morris International from $195.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Needham & Company LLC raised their price objective on Philip Morris International from $200.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Morgan Stanley boosted their price objective on shares of Philip Morris International from $200.00 to $215.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. Finally, UBS Group upped their target price on shares of Philip Morris International from $168.00 to $182.00 and gave the company a “neutral” rating in a research report on Thursday, July 2nd. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $205.89.

Philip Morris International Trading Down 0.5%

PM opened at $187.95 on Friday. The stock’s 50-day moving average price is $183.77 and its 200 day moving average price is $177.33. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $207.76. The firm has a market cap of $292.95 billion, a price-to-earnings ratio of 27.00, a PEG ratio of 2.28 and a beta of 0.38.

Philip Morris International (NYSE:PM) last released its earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share for the quarter, beating the consensus estimate of $2.05 by $0.15. The company had revenue of $11.19 billion during the quarter, compared to the consensus estimate of $10.60 billion. Philip Morris International had a negative return on equity of 163.41% and a net margin of 11.06%.Philip Morris International’s revenue was up 10.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.89 EPS. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. On average, research analysts forecast that Philip Morris International Inc. will post 8.33 earnings per share for the current year.

Philip Morris International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Thursday, June 25th were issued a dividend of $1.47 per share. The ex-dividend date was Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a yield of 3.1%. Philip Morris International’s dividend payout ratio is 84.48%.

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.