Pathfinder Wealth Consulting Inc. bought a new stake in Philip Morris International Inc. (NYSE:PM – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 3,440 shares of the company’s stock, valued at approximately $552,000.
Several other institutional investors also recently added to or reduced their stakes in PM. Dogwood Wealth Management LLC grew its position in Philip Morris International by 96.5% during the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after purchasing an additional 82 shares during the last quarter. Richards Merrill & Peterson Inc. purchased a new stake in shares of Philip Morris International in the fourth quarter valued at about $28,000. Entrust Financial LLC acquired a new stake in shares of Philip Morris International during the fourth quarter worth about $31,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Philip Morris International during the third quarter worth about $32,000. Finally, McIlrath & Eck LLC purchased a new position in shares of Philip Morris International during the second quarter worth about $36,000. Institutional investors and hedge funds own 78.63% of the company’s stock.
Analysts Set New Price Targets
PM has been the topic of several recent research reports. Stifel Nicolaus dropped their price target 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. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a research note on Thursday. Citigroup boosted their target price on Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Barclays restated an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a research note on Monday, February 23rd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $192.56.
Philip Morris International Price Performance
Philip Morris International stock opened at $189.26 on Friday. The stock’s 50 day moving average price is $168.71 and its 200 day moving average price is $167.07. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $193.05. The company has a market cap of $294.97 billion, a PE ratio of 26.62, a price-to-earnings-growth ratio of 2.17 and a beta of 0.37.
Philip Morris International (NYSE:PM – Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $9.95 billion. During the same quarter in the prior year, the business posted $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. On average, equities research analysts anticipate that Philip Morris International Inc. will post 8.45 EPS for the current fiscal year.
Philip Morris International Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, April 13th. Stockholders of record on Thursday, March 19th were given a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Thursday, March 19th. Philip Morris International’s dividend payout ratio (DPR) is presently 82.70%.
Philip Morris International Company 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.
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