Kestra Advisory Services LLC Grows Stock Holdings in Philip Morris International Inc. $PM

Kestra Advisory Services LLC grew its position in shares of Philip Morris International Inc. (NYSE:PM) by 3.1% in the 1st quarter, HoldingsChannel.com reports. The fund owned 150,158 shares of the company’s stock after buying an additional 4,562 shares during the quarter. Kestra Advisory Services LLC’s holdings in Philip Morris International were worth $24,827,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. AG Campbell Advisory LLC purchased a new stake in Philip Morris International in the 4th quarter worth approximately $25,000. Portfolio Resources Advisor Group Inc. purchased a new position in shares of Philip Morris International during the fourth quarter valued at approximately $26,000. Vermillion Wealth Management Inc. raised its holdings in shares of Philip Morris International by 146.5% during the first quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock valued at $29,000 after acquiring an additional 104 shares in the last quarter. Richards Merrill & Peterson Inc. purchased a new stake in Philip Morris International in the fourth quarter worth $28,000. Finally, Safe Harbor Fiduciary LLC purchased a new stake in Philip Morris International in the fourth quarter worth $29,000. 78.63% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on PM. Needham & Company LLC reissued a “buy” rating and set a $200.00 price objective on shares of Philip Morris International in a research report on Thursday, April 23rd. UBS Group raised their target price on shares of Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a research report on Thursday, July 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Finally, Stifel Nicolaus lowered 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 report on Friday, April 10th. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $194.62.

Philip Morris International Price Performance

PM stock traded up $0.60 during midday trading on Friday, hitting $181.77. The stock had a trading volume of 4,383,992 shares, compared to its average volume of 5,000,736. The business has a 50-day moving average of $180.91 and a two-hundred day moving average of $173.60. The firm has a market cap of $283.30 billion, a price-to-earnings ratio of 25.57, a price-to-earnings-growth ratio of 2.13 and a beta of 0.38. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $193.05.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating the consensus estimate 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 negative return on equity of 142.02% and a net margin of 11.61%.The company’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter last year, the firm posted $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. Research analysts predict that Philip Morris International Inc. will post 8.39 earnings per share for the current year.

Philip Morris International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 20th. Investors of record on Thursday, June 25th will be paid a dividend of $1.47 per share. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $5.88 annualized dividend and a yield of 3.2%. Philip Morris International’s payout ratio is presently 82.70%.

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.