Natixis Advisors LLC lowered its holdings in shares of Philip Morris International Inc. (NYSE:PM – Free Report) by 5.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,346,667 shares of the company’s stock after selling 73,389 shares during the period. Natixis Advisors LLC owned about 0.09% of Philip Morris International worth $216,005,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the business. Heritage Trust Co lifted its position in Philip Morris International by 2.4% during the 4th quarter. Heritage Trust Co now owns 2,554 shares of the company’s stock worth $410,000 after buying an additional 60 shares in the last quarter. 3Chopt Investment Partners LLC increased its stake in shares of Philip Morris International by 8.0% in the 4th quarter. 3Chopt Investment Partners LLC now owns 40,273 shares of the company’s stock valued at $6,519,000 after acquiring an additional 2,967 shares during the last quarter. Beto Financial Group LLC bought a new stake in shares of Philip Morris International in the 4th quarter valued at about $240,000. Allen Investment Management LLC bought a new stake in shares of Philip Morris International in the 4th quarter valued at about $1,482,000. Finally, AXQ Capital LP increased its stake in shares of Philip Morris International by 46.2% in the 4th quarter. AXQ Capital LP now owns 4,267 shares of the company’s stock valued at $684,000 after acquiring an additional 1,349 shares during the last quarter. Institutional investors and hedge funds own 78.63% of the company’s stock.
Wall Street Analyst Weigh In
A number of analysts have recently commented on PM shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $200.00 price target on shares of Philip Morris International in a research note on Thursday, April 23rd. UBS Group lowered their price target on 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. Citigroup upped their price target on Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. 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 presently has a consensus rating of “Moderate Buy” and a consensus price target of $192.56.
Philip Morris International Price Performance
PM stock opened at $172.45 on Tuesday. The stock has a market capitalization of $268.77 billion, a price-to-earnings ratio of 24.25, a PEG ratio of 2.04 and a beta of 0.37. The business’s fifty day moving average price is $169.88 and its two-hundred day moving average price is $168.43. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $193.05.
Philip Morris International (NYSE:PM – Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $10.15 billion for the quarter, compared to analysts’ expectations of $9.95 billion. During the same quarter last year, the business earned $1.69 earnings per share. Philip Morris International’s revenue was up 9.1% on a year-over-year basis. 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 expect that Philip Morris International Inc. will post 8.45 EPS for the current year.
Philip Morris International Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, April 13th. Stockholders of record on Thursday, March 19th were issued a dividend of $1.47 per share. The ex-dividend date was Thursday, March 19th. This represents a $5.88 annualized dividend and a dividend yield of 3.4%. Philip Morris International’s payout ratio is currently 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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