Philip Morris International Inc. $PM Stock Position Cut by Great Lakes Advisors LLC

Great Lakes Advisors LLC lessened its stake in Philip Morris International Inc. (NYSE:PM) by 3.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 264,391 shares of the company’s stock after selling 10,493 shares during the period. Great Lakes Advisors LLC’s holdings in Philip Morris International were worth $42,408,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Schroder Investment Management Group lifted its holdings in Philip Morris International by 10.2% in the 3rd quarter. Schroder Investment Management Group now owns 302,173 shares of the company’s stock valued at $49,251,000 after acquiring an additional 27,979 shares during the last quarter. Trajan Wealth LLC lifted its holdings in Philip Morris International by 31.2% in the 3rd quarter. Trajan Wealth LLC now owns 132,295 shares of the company’s stock valued at $21,458,000 after acquiring an additional 31,490 shares during the last quarter. Stratos Wealth Partners LTD. lifted its holdings in Philip Morris International by 23.6% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 43,926 shares of the company’s stock valued at $7,125,000 after acquiring an additional 8,392 shares during the last quarter. Assetmark Inc. lifted its holdings in Philip Morris International by 22.2% in the 4th quarter. Assetmark Inc. now owns 630,583 shares of the company’s stock valued at $101,146,000 after acquiring an additional 114,618 shares during the last quarter. Finally, Global Retirement Partners LLC lifted its holdings in Philip Morris International by 40.3% in the 4th quarter. Global Retirement Partners LLC now owns 67,177 shares of the company’s stock valued at $10,775,000 after acquiring an additional 19,309 shares during the last quarter. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Trading Down 1.1%

PM stock opened at $180.94 on Friday. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $193.05. The firm has a market capitalization of $282.00 billion, a PE ratio of 25.45, a P/E/G ratio of 2.11 and a beta of 0.38. The firm has a 50-day moving average of $172.08 and a two-hundred day moving average of $169.70.

Philip Morris International (NYSE:PM) last posted its quarterly 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. 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 firm’s revenue was up 9.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $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 research analysts anticipate that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

Philip Morris International Announces Dividend

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

Analysts Set New Price Targets

A number of research firms have commented on PM. Stifel Nicolaus reduced their price objective on shares of 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. 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 objective 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. 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 research note on Friday, April 17th. Finally, Barclays reaffirmed an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a research note on Monday, February 23rd. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price 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.