Keudell Morrison Wealth Management Invests $2.96 Million in Philip Morris International Inc. $PM

Keudell Morrison Wealth Management acquired a new position in shares of Philip Morris International Inc. (NYSE:PM) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 18,440 shares of the company’s stock, valued at approximately $2,958,000.

Other hedge funds have also modified their holdings of the company. Schroder Investment Management Group grew its position 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 acquiring an additional 27,979 shares in the last quarter. Trajan Wealth LLC increased its holdings in shares of Philip Morris International by 31.2% during the 3rd quarter. Trajan Wealth LLC now owns 132,295 shares of the company’s stock valued at $21,458,000 after acquiring an additional 31,490 shares during the last quarter. Stratos Wealth Partners LTD. raised its stake in shares of Philip Morris International by 23.6% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 43,926 shares of the company’s stock valued at $7,125,000 after acquiring an additional 8,392 shares in the last quarter. Assetmark Inc. lifted its holdings in Philip Morris International by 22.2% in the 4th quarter. Assetmark Inc. now owns 630,583 shares of the company’s stock worth $101,146,000 after purchasing an additional 114,618 shares during the last quarter. Finally, World Investment Advisors lifted its holdings in Philip Morris International by 42.5% in the 4th quarter. World Investment Advisors now owns 115,267 shares of the company’s stock worth $18,489,000 after purchasing an additional 34,392 shares during the last quarter. 78.63% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. 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. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday. Needham & Company LLC restated a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a research report on Thursday, April 23rd. UBS Group cut their price objective on 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. Finally, Bank of America restated a “buy” rating on shares of Philip Morris International in a report on Thursday. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $192.56.

Philip Morris International Stock Performance

Shares of PM opened at $188.29 on Friday. The firm has a market cap of $293.46 billion, a P/E ratio of 26.48, a PEG ratio of 2.17 and a beta of 0.37. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $193.05. The firm’s 50 day moving average price is $168.26 and its two-hundred day moving average price is $166.91.

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

Philip Morris International Announces Dividend

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