Lowe Brockenbrough & Co. Inc. Has $10.05 Million Stock Position in Philip Morris International Inc. $PM

Lowe Brockenbrough & Co. Inc. lifted its position in Philip Morris International Inc. (NYSE:PM) by 67.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 62,668 shares of the company’s stock after buying an additional 25,305 shares during the quarter. Lowe Brockenbrough & Co. Inc.’s holdings in Philip Morris International were worth $10,052,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Invst LLC lifted its stake in shares of Philip Morris International by 3.6% in the fourth quarter. Invst LLC now owns 12,961 shares of the company’s stock worth $2,079,000 after buying an additional 447 shares during the last quarter. OneAscent Financial Services LLC boosted its holdings in Philip Morris International by 15.5% in the 4th quarter. OneAscent Financial Services LLC now owns 1,867 shares of the company’s stock valued at $299,000 after purchasing an additional 251 shares during the period. Pinebridge Investments LLC bought a new stake in Philip Morris International in the 4th quarter valued at $2,065,000. Taylor Hoffman Capital Management LLC boosted its holdings in Philip Morris International by 5.3% in the 4th quarter. Taylor Hoffman Capital Management LLC now owns 19,452 shares of the company’s stock valued at $3,120,000 after purchasing an additional 987 shares during the period. Finally, Harvest Fund Management Co. Ltd boosted its holdings in Philip Morris International by 18.6% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 2,409 shares of the company’s stock valued at $386,000 after purchasing an additional 377 shares during the period. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on PM. Stifel Nicolaus reduced their price target on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a report on Friday, April 10th. Citigroup increased their price target on shares of Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Morgan Stanley increased their price target on shares of Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday. Bank of America reissued a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Finally, UBS Group reduced their price target on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a report on Friday, April 17th. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Philip Morris International currently has an average rating of “Moderate Buy” and a consensus price target of $192.88.

Philip Morris International Stock Performance

Shares of PM stock opened at $178.66 on Friday. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $193.05. The stock has a market cap of $278.45 billion, a price-to-earnings ratio of 25.13, a P/E/G ratio of 2.02 and a beta of 0.38. The firm has a fifty day moving average of $170.84 and a 200-day moving average of $168.91.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) 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 company had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. During the same quarter in the prior year, the company posted $1.69 EPS. The business’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, sell-side analysts predict that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

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.