Kingsview Wealth Management LLC Acquires 6,050 Shares of Philip Morris International Inc. $PM

Kingsview Wealth Management LLC grew its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 9.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 69,929 shares of the company’s stock after buying an additional 6,050 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Philip Morris International were worth $11,217,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Dogwood Wealth Management LLC grew its stake in shares of Philip Morris International by 96.5% during the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after buying an additional 82 shares during the last quarter. Richards Merrill & Peterson Inc. bought a new position in Philip Morris International in the fourth quarter worth approximately $28,000. Entrust Financial LLC bought a new position in Philip Morris International in the fourth quarter worth approximately $31,000. Measured Wealth Private Client Group LLC bought a new position in Philip Morris International in the third quarter worth approximately $32,000. Finally, McIlrath & Eck LLC bought a new position in Philip Morris International in the second quarter worth approximately $36,000. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Trading Up 0.3%

Shares of NYSE PM opened at $182.11 on Thursday. The stock has a market capitalization of $283.82 billion, a PE ratio of 25.61, a price-to-earnings-growth ratio of 2.09 and a beta of 0.37. The stock’s fifty day simple moving average is $169.35 and its two-hundred day simple moving average is $167.98. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $193.05.

Philip Morris International (NYSE:PM) last announced its earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.13. The business had revenue of $10.15 billion for the quarter, compared to analysts’ expectations of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The business’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter last year, the firm 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. On average, equities analysts predict that Philip Morris International Inc. will post 8.45 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were given a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Thursday, March 19th. Philip Morris International’s dividend payout ratio (DPR) is 82.70%.

Analyst Ratings Changes

Several research analysts recently issued reports on PM shares. Bank of America reissued a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Barclays reissued an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a research note on Monday, February 23rd. Needham & Company LLC reissued a “buy” rating and issued a $200.00 price objective on shares of Philip Morris International in a research note on Thursday, April 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Finally, Citigroup increased their price objective on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Ten equities 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.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $192.56.

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.