LPL Financial LLC Boosts Stock Position in Philip Morris International Inc. $PM

LPL Financial LLC grew its stake in Philip Morris International Inc. (NYSE:PM) by 0.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 2,618,016 shares of the company’s stock after acquiring an additional 8,655 shares during the quarter. LPL Financial LLC’s holdings in Philip Morris International were worth $419,930,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Tranquility Partners LLC grew its position in shares of Philip Morris International by 2.4% in the fourth quarter. Tranquility Partners LLC now owns 2,489 shares of the company’s stock valued at $399,000 after purchasing an additional 59 shares in the last quarter. Stonebridge Financial Group LLC grew its position in shares of Philip Morris International by 2.2% in the fourth quarter. Stonebridge Financial Group LLC now owns 2,763 shares of the company’s stock valued at $443,000 after purchasing an additional 60 shares in the last quarter. Heritage Trust Co grew its position in shares of Philip Morris International by 2.4% in the fourth quarter. Heritage Trust Co now owns 2,554 shares of the company’s stock valued at $410,000 after purchasing an additional 60 shares in the last quarter. Capital Advisors Wealth Management LLC grew its position in shares of Philip Morris International by 1.8% in the fourth quarter. Capital Advisors Wealth Management LLC now owns 3,372 shares of the company’s stock valued at $541,000 after purchasing an additional 61 shares in the last quarter. Finally, CFO4Life Group LLC grew its position in shares of Philip Morris International by 1.5% in the fourth quarter. CFO4Life Group LLC now owns 4,212 shares of the company’s stock valued at $676,000 after purchasing an additional 61 shares in the last quarter. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Philip Morris International Stock Performance

Shares of Philip Morris International stock opened at $176.00 on Tuesday. The stock has a 50 day moving average of $171.11 and a 200 day moving average of $169.16. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $193.05. The firm has a market capitalization of $274.31 billion, a price-to-earnings ratio of 24.75, a PEG ratio of 2.06 and a beta of 0.38.

Philip Morris International (NYSE:PM) last released 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 period in the prior year, the firm earned $1.69 earnings per share. The firm’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. Analysts forecast that Philip Morris International Inc. will post 8.4 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on PM. Morgan Stanley increased their price objective on Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 3rd. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Barclays reiterated 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 reiterated a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $200.00 price objective on shares of Philip Morris International in a research report on Thursday, April 23rd. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Philip Morris International has a consensus rating of “Moderate Buy” and a consensus target price of $192.88.

Philip Morris International 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.