Cibc World Market Inc. Has $62.11 Million Stock Position in Philip Morris International Inc. $PM

Cibc World Market Inc. reduced its position in shares of Philip Morris International Inc. (NYSE:PM) by 2.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 387,234 shares of the company’s stock after selling 8,780 shares during the quarter. Cibc World Market Inc.’s holdings in Philip Morris International were worth $62,112,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in PM. Brighton Jones LLC increased its holdings in Philip Morris International by 31.1% during the 4th quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after purchasing an additional 2,023 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in Philip Morris International by 4.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock worth $252,000 after purchasing an additional 91 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in Philip Morris International by 53.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company’s stock worth $1,027,000 after purchasing an additional 1,970 shares in the last quarter. Jump Financial LLC bought a new stake in Philip Morris International during the 2nd quarter worth approximately $2,454,000. Finally, Osterweis Capital Management Inc. increased its holdings in Philip Morris International by 2,280.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 357 shares of the company’s stock worth $65,000 after purchasing an additional 342 shares in the last quarter. 78.63% of the stock is owned by institutional investors and hedge funds.

More Philip Morris International News

Here are the key news stories impacting Philip Morris International this week:

• Positive Sentiment: Morgan Stanley said Philip Morris’ U.S. launch of Zyn Ultra nicotine pouches could be a meaningful catalyst, as the product may help support growth in the company’s smoke-free business. Philip Morris International’s US Launch of Zyn Ultra Seen as Potential Catalyst, Morgan Stanley Says
• Positive Sentiment: Philip Morris reiterated its view that smoke-free products remain the main long-term growth driver, with investor updates pointing to continued momentum in IQOS and other reduced-risk offerings. Philip Morris International Participates in 2026 dbAccess Global Consumer Conference; Updates 2026 Full-Year Diluted EPS Forecast for Currency and Non-Cash Impairment Only
• Neutral Sentiment: The company was highlighted in a Zacks analyst roundup alongside other large-cap names, with commentary focused on growth drivers, earnings trends, and risks rather than a new company-specific development. The Zacks Analyst Blog Highlights Chevron, The Goldman Sachs and Philip Morris
• Negative Sentiment: Philip Morris lowered its full-year earnings outlook after booking a roughly $500 million impairment tied to its Canadian affiliate and citing currency and cost pressures, including weaker pricing power and higher energy costs. Philip Morris cuts annual profit forecast on cost pressure, weak pricing power
• Negative Sentiment: Additional reports on the Canada writedown and trimmed EPS guidance reinforce investor concerns that near-term profits may be pressured even if the smoke-free portfolio remains strong. Philip Morris to Post $500 Million Impairment on Canada Affiliate

Analysts Set New Price Targets

A number of brokerages have commented on PM. Stifel Nicolaus decreased their price objective on Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a report on Friday, April 10th. Needham & Company LLC reissued a “buy” rating and set a $200.00 price objective on shares of Philip Morris International in a report on Thursday, April 23rd. UBS Group decreased their price objective on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a report on Friday, April 17th. Citigroup boosted their price objective on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Finally, Morgan Stanley boosted their price objective on Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $192.88.

Philip Morris International Stock Up 1.4%

Shares of NYSE PM opened at $176.12 on Thursday. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $193.05. The stock’s 50 day moving average price is $170.35 and its 200-day moving average price is $168.70. The company has a market capitalization of $274.50 billion, a PE ratio of 24.77, a PEG ratio of 2.00 and a beta of 0.38.

Philip Morris International (NYSE:PM) last announced its earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share 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 firm had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $9.95 billion. During the same quarter in the previous year, the business earned $1.69 EPS. The company’s 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 expect that Philip Morris International Inc. will post 8.43 EPS for the current fiscal year.

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.