ING Groep NV Grows Holdings in Philip Morris International Inc. $PM

ING Groep NV grew its position in shares of Philip Morris International Inc. (NYSE:PM) by 23.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 669,929 shares of the company’s stock after purchasing an additional 125,822 shares during the period. ING Groep NV’s holdings in Philip Morris International were worth $108,662,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of PM. Legacy Investment Solutions LLC purchased a new position in shares of Philip Morris International during the 2nd quarter worth $25,000. Traub Capital Management LLC acquired a new position in Philip Morris International in the second quarter valued at $25,000. Marquette Asset Management LLC increased its stake in Philip Morris International by 1,677.8% in the third quarter. Marquette Asset Management LLC now owns 160 shares of the company’s stock valued at $26,000 after purchasing an additional 151 shares during the last quarter. Estabrook Capital Management purchased a new position in Philip Morris International during the second quarter worth about $30,000. Finally, Briaud Financial Planning Inc boosted its stake in Philip Morris International by 266.7% in the 2nd quarter. Briaud Financial Planning Inc now owns 165 shares of the company’s stock worth $30,000 after buying an additional 120 shares during the last quarter. Institutional investors and hedge funds own 78.63% of the company’s stock.

Philip Morris International Price Performance

NYSE:PM opened at $182.57 on Wednesday. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $186.69. The business’s 50-day moving average is $165.06 and its two-hundred day moving average is $161.79. The firm has a market capitalization of $284.20 billion, a PE ratio of 25.11, a price-to-earnings-growth ratio of 2.01 and a beta of 0.39.

Philip Morris International (NYSE:PM) last announced its earnings results on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, meeting the consensus estimate of $1.70. The business had revenue of $10.36 billion during the quarter, compared to the consensus estimate of $10.40 billion. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $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 analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Friday, December 26th were given a dividend of $1.47 per share. The ex-dividend date of this dividend was Friday, December 26th. This represents a $5.88 annualized dividend and a dividend yield of 3.2%. Philip Morris International’s dividend payout ratio (DPR) is presently 80.88%.

Wall Street Analysts Forecast Growth

PM has been the subject of a number of research analyst reports. Jefferies Financial Group downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating and dropped their price objective for the company from $220.00 to $180.00 in a research note on Tuesday, January 20th. Wall Street Zen downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Stifel Nicolaus set a $200.00 price target on shares of Philip Morris International in a research note on Monday. Barclays decreased their price target on shares of Philip Morris International from $220.00 to $180.00 and set an “overweight” rating on the stock in a report on Monday, November 17th. Finally, JPMorgan Chase & Co. dropped their price objective on Philip Morris International from $190.00 to $185.00 and set an “overweight” rating for the company in a report on Wednesday, November 26th. Eleven 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, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $194.06.

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.