Erste Asset Management GmbH Acquires 10,501 Shares of Philip Morris International Inc. $PM

Erste Asset Management GmbH boosted its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 2.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 398,238 shares of the company’s stock after buying an additional 10,501 shares during the period. Erste Asset Management GmbH’s holdings in Philip Morris International were worth $63,890,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Schroder Investment Management Group boosted its stake in Philip Morris International by 10.2% during the third quarter. Schroder Investment Management Group now owns 302,173 shares of the company’s stock valued at $49,251,000 after buying an additional 27,979 shares during the period. Trajan Wealth LLC boosted its stake in Philip Morris International by 31.2% during the third quarter. Trajan Wealth LLC now owns 132,295 shares of the company’s stock valued at $21,458,000 after buying an additional 31,490 shares during the period. Stratos Wealth Partners LTD. boosted its stake in Philip Morris International by 23.6% during the third quarter. Stratos Wealth Partners LTD. now owns 43,926 shares of the company’s stock valued at $7,125,000 after buying an additional 8,392 shares during the period. Assetmark Inc. boosted its stake in Philip Morris International by 22.2% during the fourth quarter. Assetmark Inc. now owns 630,583 shares of the company’s stock valued at $101,146,000 after buying an additional 114,618 shares during the period. Finally, Global Retirement Partners LLC boosted its stake in Philip Morris International by 40.3% during the fourth quarter. Global Retirement Partners LLC now owns 67,177 shares of the company’s stock valued at $10,775,000 after buying an additional 19,309 shares during the period. Institutional investors own 78.63% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on PM shares. Stifel Nicolaus dropped their price objective 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. Morgan Stanley raised their price target on Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday. Barclays restated an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a research report on Monday, February 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Finally, Bank of America restated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $192.88.

Philip Morris International Stock Up 0.2%

NYSE PM opened at $178.66 on Monday. The stock’s 50-day simple moving average is $170.84 and its two-hundred day simple moving average is $169.02. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $193.05. The company has a market capitalization of $278.45 billion, a price-to-earnings ratio of 25.13, a PEG ratio of 2.06 and a beta of 0.38.

Philip Morris International (NYSE:PM) last released its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. The business had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The company’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter last year, the business posted $1.69 earnings per share. 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 expect that Philip Morris International Inc. will post 8.4 earnings per share for the current fiscal 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.