KPP Advisory Services LLC purchased a new position in shares of Philip Morris International Inc. (NYSE:PM – Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 4,115 shares of the company’s stock, valued at approximately $680,000.
A number of other large investors also recently modified their holdings of the company. AG Campbell Advisory LLC purchased a new position in Philip Morris International in the fourth quarter valued at $25,000. Portfolio Resources Advisor Group Inc. purchased a new stake in Philip Morris International during the 4th quarter worth about $26,000. Richards Merrill & Peterson Inc. purchased a new stake in Philip Morris International during the 4th quarter worth about $28,000. Vermillion Wealth Management Inc. boosted its position in shares of Philip Morris International by 146.5% during the 1st quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock worth $29,000 after acquiring an additional 104 shares in the last quarter. Finally, Safe Harbor Fiduciary LLC acquired a new position in shares of Philip Morris International during the 4th quarter worth about $29,000. 78.63% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on the company. Bank of America reissued a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Morgan Stanley upped their price target on Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, June 3rd. Needham & Company LLC reiterated a “buy” rating and issued a $200.00 price target on shares of Philip Morris International in a research note on Thursday, April 23rd. Stifel Nicolaus cut their price objective on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Finally, UBS Group boosted their price objective on shares of Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a research report on Thursday. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $194.62.
Philip Morris International Stock Up 2.7%
PM opened at $182.52 on Friday. The firm has a market cap of $284.47 billion, a price-to-earnings ratio of 25.67, a price-to-earnings-growth ratio of 2.07 and a beta of 0.38. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $193.05. The business’s 50 day moving average is $178.56 and its two-hundred day moving average is $172.60.
Philip Morris International (NYSE:PM – Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $9.95 billion. During the same quarter in the prior year, the firm earned $1.69 EPS. Philip Morris International’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 expect that Philip Morris International Inc. will post 8.4 EPS for the current fiscal year.
Philip Morris International Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, July 20th. Stockholders of record on Thursday, June 25th will be paid a dividend of $1.47 per share. The ex-dividend date is Thursday, June 25th. This represents a $5.88 annualized dividend and a dividend yield of 3.2%. Philip Morris International’s dividend 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.
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