Old Peak Finance LLC Makes New $895,000 Investment in Philip Morris International Inc. $PM

Old Peak Finance LLC acquired a new stake in Philip Morris International Inc. (NYSE:PM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,582 shares of the company’s stock, valued at approximately $895,000. Philip Morris International accounts for approximately 0.6% of Old Peak Finance LLC’s holdings, making the stock its 25th largest holding.

Other hedge funds also recently made changes to their positions in the company. Capital Research Global Investors boosted its stake in shares of Philip Morris International by 7.2% during the 3rd quarter. Capital Research Global Investors now owns 43,546,533 shares of the company’s stock worth $7,063,263,000 after acquiring an additional 2,911,835 shares during the period. Capital World Investors lifted its holdings in Philip Morris International by 2.2% during the 3rd quarter. Capital World Investors now owns 128,776,327 shares of the company’s stock valued at $20,887,743,000 after purchasing an additional 2,714,674 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in Philip Morris International by 36.3% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 9,301,112 shares of the company’s stock valued at $1,491,898,000 after purchasing an additional 2,475,204 shares during the last quarter. SG Americas Securities LLC boosted its position in Philip Morris International by 1,547.2% during the fourth quarter. SG Americas Securities LLC now owns 2,260,217 shares of the company’s stock worth $362,539,000 after purchasing an additional 2,123,002 shares during the period. Finally, Lone Pine Capital LLC boosted its position in Philip Morris International by 67.3% during the third quarter. Lone Pine Capital LLC now owns 4,614,443 shares of the company’s stock worth $748,463,000 after purchasing an additional 1,856,749 shares during the period. 78.63% of the stock is owned by institutional investors and hedge funds.

Philip Morris International Stock Performance

PM stock opened at $172.45 on Tuesday. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $193.05. The company has a market capitalization of $268.77 billion, a PE ratio of 24.25, a price-to-earnings-growth ratio of 2.04 and a beta of 0.37. The company’s 50-day simple moving average is $169.88 and its 200 day simple moving average is $168.43.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.13. The business had revenue of $10.15 billion during the quarter, compared to analysts’ expectations 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 revenue was up 9.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $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 8.45 EPS for the current year.

Philip Morris International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 13th. Investors of record on Thursday, March 19th were paid a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Thursday, March 19th. Philip Morris International’s payout ratio is 82.70%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Barclays reissued an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a research report on Monday, February 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Stifel Nicolaus lowered their price target on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Needham & Company LLC restated a “buy” rating and set a $200.00 price objective on shares of Philip Morris International in a research report on Thursday, April 23rd. Finally, Bank of America restated a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $192.56.

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.