Inceptionr LLC Sells 3,214 Shares of Philip Morris International Inc. $PM

Inceptionr LLC lowered its stake in shares of Philip Morris International Inc. (NYSE:PMFree Report) by 26.9% during the fourth quarter, HoldingsChannel reports. The firm owned 8,726 shares of the company’s stock after selling 3,214 shares during the quarter. Inceptionr LLC’s holdings in Philip Morris International were worth $1,400,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Dogwood Wealth Management LLC raised its stake in shares of Philip Morris International by 96.5% during the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after purchasing an additional 82 shares in the last quarter. Richards Merrill & Peterson Inc. bought a new stake in shares of Philip Morris International during the 4th quarter worth approximately $28,000. Entrust Financial LLC bought a new stake in shares of Philip Morris International during the 4th quarter worth approximately $31,000. Measured Wealth Private Client Group LLC bought a new stake in Philip Morris International in the 3rd quarter valued at $32,000. Finally, FNY Investment Advisers LLC bought a new stake in Philip Morris International in the 3rd quarter valued at $33,000. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Trading Up 2.5%

PM opened at $183.01 on Thursday. The stock’s fifty day simple moving average is $171.77 and its 200 day simple moving average is $169.52. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $193.05. The stock has a market cap of $285.23 billion, a PE ratio of 25.74, a price-to-earnings-growth ratio of 2.06 and a beta of 0.38.

Philip Morris International (NYSE:PMGet Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating 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 analyst estimates of $9.95 billion. During the same period in the prior year, the firm posted $1.69 EPS. The company’s revenue for the quarter 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. Equities analysts forecast that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

Analyst Upgrades and Downgrades

PM has been the topic of a number of research analyst reports. UBS Group dropped their price target on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a research note on Friday, April 17th. Morgan Stanley increased their price target on Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, June 3rd. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Stifel Nicolaus dropped their price target on Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Finally, Bank of America restated a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Philip Morris International has a consensus rating of “Moderate Buy” and an average price target of $192.88.

View Our Latest Analysis on Philip Morris International

Philip Morris International Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Philip Morris International (NYSE:PM)

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