GM Advisory Group LLC Reduces Holdings in Philip Morris International Inc. $PM

GM Advisory Group LLC trimmed its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 68.8% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 13,470 shares of the company’s stock after selling 29,742 shares during the quarter. GM Advisory Group LLC’s holdings in Philip Morris International were worth $2,227,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. AG Campbell Advisory LLC purchased a new position in shares of Philip Morris International during the 4th quarter worth $25,000. Portfolio Resources Advisor Group Inc. bought a new stake in shares of Philip Morris International during the 4th quarter valued at $26,000. Richards Merrill & Peterson Inc. purchased a new stake in shares of Philip Morris International in the 4th quarter worth $28,000. Vermillion Wealth Management Inc. increased its stake in shares of Philip Morris International by 146.5% in the 1st quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock worth $29,000 after purchasing an additional 104 shares in the last quarter. Finally, Safe Harbor Fiduciary LLC purchased a new stake in shares of Philip Morris International in the 4th quarter worth $29,000. 78.63% of the stock is owned by hedge funds and other institutional investors.

Philip Morris International Trading Up 0.1%

NYSE PM opened at $182.52 on Friday. The stock’s 50 day moving average is $178.93 and its 200 day moving average is $172.67. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $193.05. The stock has a market cap of $284.47 billion, a PE ratio of 25.67, a P/E/G ratio of 2.14 and a beta of 0.38.

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. The business had revenue of $10.15 billion during the quarter, compared to analyst estimates of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The company’s revenue was up 9.1% on a year-over-year basis. During the same period last year, the firm posted $1.69 EPS. 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, analysts forecast that Philip Morris International Inc. will post 8.39 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 20th. Investors 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 dividend yield of 3.2%. Philip Morris International’s dividend payout ratio is currently 82.70%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on PM shares. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. UBS Group raised their price objective on Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a research note on Thursday. Stifel Nicolaus lowered their price objective on Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $200.00 price objective on shares of Philip Morris International in a research note on Thursday, April 23rd. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $194.62.

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.