Philip Morris International Inc. $PM Stock Position Lifted by Capital World Investors

Capital World Investors lifted its position in Philip Morris International Inc. (NYSE:PM) by 2.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 132,355,726 shares of the company’s stock after buying an additional 3,579,399 shares during the quarter. Philip Morris International comprises approximately 2.9% of Capital World Investors’ investment portfolio, making the stock its 5th largest holding. Capital World Investors owned approximately 0.09% of Philip Morris International worth $21,230,315,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Schroder Investment Management Group boosted its stake in Philip Morris International by 10.2% in the 3rd quarter. Schroder Investment Management Group now owns 302,173 shares of the company’s stock worth $49,251,000 after purchasing an additional 27,979 shares in the last quarter. Trajan Wealth LLC boosted its stake in Philip Morris International by 31.2% in the 3rd quarter. Trajan Wealth LLC now owns 132,295 shares of the company’s stock worth $21,458,000 after purchasing an additional 31,490 shares in the last quarter. Stratos Wealth Partners LTD. boosted its stake in Philip Morris International by 23.6% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 43,926 shares of the company’s stock worth $7,125,000 after purchasing an additional 8,392 shares in the last quarter. Assetmark Inc. boosted its stake in Philip Morris International by 22.2% in the 4th quarter. Assetmark Inc. now owns 630,583 shares of the company’s stock worth $101,146,000 after purchasing an additional 114,618 shares in the last quarter. Finally, Global Retirement Partners LLC boosted its stake in Philip Morris International by 40.3% in the 4th quarter. Global Retirement Partners LLC now owns 67,177 shares of the company’s stock worth $10,775,000 after purchasing an additional 19,309 shares in the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Price Performance

PM opened at $178.66 on Friday. The firm has a fifty day moving average price of $170.84 and a 200 day moving average price of $168.91. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $193.05. The stock has a market cap of $278.45 billion, a P/E ratio of 25.13, a P/E/G ratio of 2.06 and a beta of 0.38.

Philip Morris International (NYSE:PM) last posted 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. 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 during the quarter, compared to analysts’ expectations of $9.95 billion. During the same period in the previous year, the business posted $1.69 EPS. The business’s revenue was up 9.1% compared to the same quarter last year. 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. Equities analysts expect that Philip Morris International Inc. will post 8.4 EPS for the current year.

Analysts Set New Price Targets

A number of analysts recently commented on PM shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Morgan Stanley lifted their target price on shares of Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. UBS Group dropped their price objective on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a report on Friday, April 17th. Finally, Barclays reiterated an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a research note on Monday, February 23rd. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $192.88.

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.