Focus Partners Wealth Grows Position in Philip Morris International Inc. $PM

Focus Partners Wealth lifted its stake in Philip Morris International Inc. (NYSE:PM) by 188.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,592,622 shares of the company’s stock after buying an additional 1,039,815 shares during the quarter. Focus Partners Wealth’s holdings in Philip Morris International were worth $255,567,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of PM. Capital International Investors lifted its holdings in shares of Philip Morris International by 13.7% in the fourth 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 in the last quarter. Capital Research Global Investors lifted its holdings in shares of 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 worth $8,751,407,000 after buying an additional 11,013,173 shares in the last quarter. Capital World Investors lifted its holdings in shares of Philip Morris International by 2.8% in the fourth quarter. Capital World Investors now owns 132,355,726 shares of the company’s stock worth $21,230,315,000 after buying an additional 3,579,399 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of 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 buying an additional 2,475,204 shares in the last quarter. Finally, SG Americas Securities LLC lifted its holdings in shares of Philip Morris International by 1,547.2% in the fourth quarter. SG Americas Securities LLC now owns 2,260,217 shares of the company’s stock worth $362,539,000 after buying an additional 2,123,002 shares in the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Up 2.0%

Philip Morris International stock opened at $184.41 on Friday. The company has a market cap of $287.41 billion, a price-to-earnings ratio of 25.94, a PEG ratio of 2.13 and a beta of 0.38. The firm’s fifty day moving average is $172.61 and its 200 day moving average is $169.80. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $193.05.

Philip Morris International (NYSE:PM) last released its quarterly earnings results 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 for the quarter, compared to the consensus estimate of $9.95 billion. During the same quarter in the prior year, the firm earned $1.69 earnings per share. Philip Morris International’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, equities research analysts anticipate that Philip Morris International Inc. will post 8.4 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 20th. Shareholders of record on Thursday, June 25th will be given a dividend of $1.47 per share. The ex-dividend date is Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a yield of 3.2%. Philip Morris International’s payout ratio is 82.70%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on PM shares. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Morgan Stanley upped their price target on shares of Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, June 3rd. Barclays reaffirmed an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a research note on Monday, February 23rd. UBS Group decreased their price target on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a research note on Friday, April 17th. Finally, Stifel Nicolaus decreased their price target on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Ten 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 an average rating of “Moderate Buy” and a consensus target price of $192.88.

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.