Philip Morris International Inc. $PM Shares Acquired by Alps Advisors Inc.

Alps Advisors Inc. boosted its holdings in Philip Morris International Inc. (NYSE:PMFree Report) by 3.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 174,973 shares of the company’s stock after purchasing an additional 6,096 shares during the quarter. Alps Advisors Inc.’s holdings in Philip Morris International were worth $28,381,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Corient Private Wealth LLC boosted its position in Philip Morris International by 1.2% during the 2nd quarter. Corient Private Wealth LLC now owns 490,590 shares of the company’s stock worth $89,354,000 after acquiring an additional 5,681 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in shares of Philip Morris International by 10.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 549,481 shares of the company’s stock valued at $84,922,000 after purchasing an additional 51,399 shares in the last quarter. Dynasty Wealth Management LLC raised its stake in shares of Philip Morris International by 53.0% during the third quarter. Dynasty Wealth Management LLC now owns 27,772 shares of the company’s stock valued at $4,505,000 after purchasing an additional 9,622 shares in the last quarter. Westwood Holdings Group Inc. lifted its holdings in Philip Morris International by 295.8% in the second quarter. Westwood Holdings Group Inc. now owns 67,717 shares of the company’s stock worth $12,333,000 after purchasing an additional 50,610 shares during the period. Finally, Prudential Financial Inc. grew its position in Philip Morris International by 88.9% in the 2nd quarter. Prudential Financial Inc. now owns 2,138,118 shares of the company’s stock valued at $389,415,000 after buying an additional 1,006,014 shares in the last quarter. Institutional investors own 78.63% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a report on Thursday, January 22nd. Stifel Nicolaus set a $180.00 price objective on shares of Philip Morris International in a research note on Tuesday, October 21st. Jefferies Financial Group lowered Philip Morris International from a “buy” rating to a “hold” rating and cut their target price for the stock from $220.00 to $180.00 in a research report on Tuesday, January 20th. Barclays reduced their target price on Philip Morris International from $220.00 to $180.00 and set an “overweight” rating for the company in a report on Monday, November 17th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Philip Morris International in a research note on Wednesday, October 22nd. Eleven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $184.56.

Get Our Latest Research Report on Philip Morris International

Philip Morris International Price Performance

Shares of PM stock opened at $182.78 on Friday. The stock has a market cap of $284.52 billion, a P/E ratio of 25.14, a price-to-earnings-growth ratio of 1.97 and a beta of 0.39. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $186.69. The stock has a fifty day moving average price of $163.99 and a 200 day moving average price of $161.51.

Philip Morris International (NYSE:PMGet Free Report) last announced its quarterly earnings results on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.70. The firm had revenue of $10.36 billion for the quarter, compared to analysts’ expectations of $10.40 billion. Philip Morris International had a negative return on equity of 122.14% and a net margin of 9.33%.The business’s revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.55 earnings per share. Philip Morris International has set its Q1 2026 guidance at 1.800-1.850 EPS and its FY 2026 guidance at 8.380-8.530 EPS. Equities research analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Friday, December 26th were paid a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, December 26th. Philip Morris International’s dividend payout ratio (DPR) is 106.52%.

Key Headlines Impacting Philip Morris International

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About Philip Morris International

(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.

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

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