Evansbrook LLC Purchases Shares of 4,924 Philip Morris International Inc. $PM

Evansbrook LLC purchased a new stake in shares of Philip Morris International Inc. (NYSE:PM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 4,924 shares of the company’s stock, valued at approximately $790,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Axxcess Wealth Management LLC increased its position in Philip Morris International by 3.8% in the 4th quarter. Axxcess Wealth Management LLC now owns 32,811 shares of the company’s stock valued at $5,263,000 after acquiring an additional 1,186 shares during the period. Aznar Financial Advisors LLC bought a new stake in Philip Morris International during the 4th quarter valued at $311,000. Corient Private Wealth LLC raised its stake in Philip Morris International by 13.8% during the 4th quarter. Corient Private Wealth LLC now owns 592,394 shares of the company’s stock valued at $95,020,000 after acquiring an additional 71,996 shares in the last quarter. Ameriflex Group Inc. boosted its position in Philip Morris International by 36.7% during the 4th quarter. Ameriflex Group Inc. now owns 4,325 shares of the company’s stock worth $694,000 after acquiring an additional 1,160 shares during the period. Finally, First Commonwealth Financial Corp PA boosted its position in Philip Morris International by 2.1% during the 4th quarter. First Commonwealth Financial Corp PA now owns 8,179 shares of the company’s stock worth $1,312,000 after acquiring an additional 169 shares during the period. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Stock Down 0.4%

Shares of Philip Morris International stock opened at $178.68 on Friday. The business has a fifty day simple moving average of $174.44 and a 200-day simple moving average of $170.61. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $193.05. The firm has a market cap of $278.48 billion, a price-to-earnings ratio of 25.13, a price-to-earnings-growth ratio of 2.07 and a beta of 0.38.

Philip Morris International (NYSE:PM) last released its earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.13. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The firm had revenue of $10.15 billion for the quarter, compared to analyst estimates of $9.95 billion. During the same period in the previous year, the company earned $1.69 earnings per share. Philip Morris International’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. Analysts anticipate that Philip Morris International Inc. will post 8.4 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 20th. Stockholders 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 annualized dividend and a dividend yield of 3.3%. Philip Morris International’s dividend payout ratio (DPR) is 82.70%.

Analysts Set New Price Targets

A number of brokerages have recently commented on PM. 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 report on Wednesday, June 3rd. UBS Group reduced their price objective 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. Stifel Nicolaus decreased their target price on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Bank of America reissued a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target 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.