Trajan Wealth LLC Buys 17,819 Shares of Philip Morris International Inc. $PM

Trajan Wealth LLC grew its stake in shares of Philip Morris International Inc. (NYSE:PM) by 13.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 150,114 shares of the company’s stock after acquiring an additional 17,819 shares during the period. Philip Morris International accounts for about 1.0% of Trajan Wealth LLC’s investment portfolio, making the stock its 24th biggest holding. Trajan Wealth LLC’s holdings in Philip Morris International were worth $24,078,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Schroder Investment Management Group raised its stake in Philip Morris International by 10.2% in the third quarter. Schroder Investment Management Group now owns 302,173 shares of the company’s stock worth $49,251,000 after buying an additional 27,979 shares in the last quarter. Stratos Wealth Partners LTD. raised its stake in Philip Morris International by 23.6% in the third quarter. Stratos Wealth Partners LTD. now owns 43,926 shares of the company’s stock worth $7,125,000 after buying an additional 8,392 shares in the last quarter. Assetmark Inc. raised its stake in Philip Morris International by 22.2% in the fourth quarter. Assetmark Inc. now owns 630,583 shares of the company’s stock worth $101,146,000 after buying an additional 114,618 shares in the last quarter. World Investment Advisors raised its stake in Philip Morris International by 42.5% in the fourth quarter. World Investment Advisors now owns 115,267 shares of the company’s stock worth $18,489,000 after buying an additional 34,392 shares in the last quarter. Finally, Alps Advisors Inc. raised its stake in Philip Morris International by 3.6% in the third quarter. Alps Advisors Inc. now owns 174,973 shares of the company’s stock worth $28,381,000 after buying an additional 6,096 shares in the last quarter. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Price Performance

Shares of PM opened at $188.40 on Thursday. The firm has a market capitalization of $293.64 billion, a PE ratio of 26.50, a price-to-earnings-growth ratio of 2.20 and a beta of 0.37. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $193.05. The company’s fifty day moving average price is $167.95 and its 200-day moving average price is $166.60.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The firm had revenue of $10.15 billion for the quarter, compared to analyst estimates of $9.95 billion. During the same period in the previous year, the company earned $1.69 earnings per share. The business’s quarterly revenue was up 9.1% compared to the same quarter last year. 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. As a group, research analysts anticipate that Philip Morris International Inc. will post 8.45 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were issued a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Thursday, March 19th. Philip Morris International’s dividend payout ratio is presently 82.70%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research note on Thursday, January 22nd. Citigroup upped their price target on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Stifel Nicolaus reduced their price target on Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Barclays reissued an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. Finally, UBS Group dropped their price objective on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a report on Friday, April 17th. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $192.56.

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.