Stock Yards Bank & Trust Co. Buys 5,343 Shares of Philip Morris International Inc. $PM

Stock Yards Bank & Trust Co. boosted its position in shares of Philip Morris International Inc. (NYSE:PM) by 3.6% during the 1st quarter, Holdings Channel reports. The institutional investor owned 153,130 shares of the company’s stock after purchasing an additional 5,343 shares during the quarter. Stock Yards Bank & Trust Co.’s holdings in Philip Morris International were worth $25,319,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

Several brokerages have recently commented on PM. Needham & Company LLC reiterated a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a research report on Thursday, April 23rd. Morgan Stanley increased their price objective on shares of Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, June 3rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Stifel Nicolaus lowered 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 report on Friday, April 10th. Finally, UBS Group dropped their target price on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. Ten equities research 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, the company has a consensus rating of “Moderate Buy” and an average price target of $192.88.

Philip Morris International Stock Performance

Shares of PM opened at $177.43 on Thursday. The stock has a 50 day simple moving average of $177.97 and a 200 day simple moving average of $172.39. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $193.05. The firm has a market capitalization of $276.53 billion, a PE ratio of 24.95, a P/E/G ratio of 2.09 and a beta of 0.38.

Philip Morris International (NYSE:PM) last announced its earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.83 by $0.13. The firm had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The business’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period last year, the company 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. Equities research analysts predict that Philip Morris International Inc. will post 8.4 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 20th. Investors of record on Thursday, June 25th will be issued a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Thursday, June 25th. Philip Morris International’s dividend payout ratio (DPR) is presently 82.70%.

Key Stories Impacting Philip Morris International

Here are the key news stories impacting Philip Morris International this week:

• Positive Sentiment: The FDA authorized 20 ZYN nicotine pouch products for modified-risk marketing, a meaningful boost for Philip Morris International’s U.S. smoke-free strategy and a potential growth driver as cigarette sales decline. FDA Issues Modified Risk Tobacco Product Orders for 20 ZYN Nicotine Pouch Products
• Positive Sentiment: Reuters-style coverage and other reports said PM can now explicitly market ZYN as a less harmful tobacco alternative, which could strengthen consumer adoption and improve the product’s competitive position. Philip Morris can market Zyn as less harmful tobacco product
• Positive Sentiment: Analysts currently rate Philip Morris International a “Moderate Buy,” suggesting Wall Street remains broadly constructive on the stock despite near-term volatility. Philip Morris International Inc. (NYSE:PM) Receives Average Recommendation of “Moderate Buy” from Analysts
• Neutral Sentiment: Broader consumer-sector trading was mixed, indicating some of PM’s weakness may be tied to market tone rather than company-specific fundamentals.

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.