Atria Investments Inc increased its position in Philip Morris International Inc. (NYSE:PM – Free Report) by 3.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 181,492 shares of the company’s stock after buying an additional 6,387 shares during the quarter. Atria Investments Inc’s holdings in Philip Morris International were worth $29,438,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Second Line Capital LLC lifted its stake in shares of Philip Morris International by 4.8% in the 2nd quarter. Second Line Capital LLC now owns 1,338 shares of the company’s stock valued at $245,000 after purchasing an additional 61 shares in the last quarter. Meridian Wealth Partners LLC raised its holdings in Philip Morris International by 3.1% in the second quarter. Meridian Wealth Partners LLC now owns 2,060 shares of the company’s stock valued at $375,000 after buying an additional 62 shares during the period. Bernardo Wealth Planning LLC lifted its position in Philip Morris International by 1.8% during the second quarter. Bernardo Wealth Planning LLC now owns 3,584 shares of the company’s stock valued at $653,000 after buying an additional 62 shares in the last quarter. Raiffeisen Bank International AG lifted its position in Philip Morris International by 1.4% during the second quarter. Raiffeisen Bank International AG now owns 4,471 shares of the company’s stock valued at $803,000 after buying an additional 63 shares in the last quarter. Finally, Nia Impact Advisors LLC grew its stake in Philip Morris International by 4.2% during the second quarter. Nia Impact Advisors LLC now owns 1,577 shares of the company’s stock worth $287,000 after buying an additional 63 shares during the period. Institutional investors and hedge funds own 78.63% of the company’s stock.
Philip Morris International Trading Up 2.0%
PM stock opened at $186.38 on Thursday. The stock’s 50 day simple moving average is $165.75 and its 200 day simple moving average is $161.96. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $188.35. The firm has a market cap of $290.14 billion, a P/E ratio of 25.64, a P/E/G ratio of 2.02 and a beta of 0.39.
Philip Morris International Announces Dividend
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. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Friday, December 26th. Philip Morris International’s dividend payout ratio is presently 80.88%.
Analysts Set New Price Targets
A number of equities analysts have recently commented on PM shares. Morgan Stanley reissued an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a research note on Monday. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research report on Thursday, January 22nd. Citigroup upped their target price on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday. Wall Street Zen lowered Philip Morris International from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Finally, UBS Group reiterated a “neutral” rating and set a $181.50 target price on shares of Philip Morris International in a report on Monday. Eleven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $194.06.
Key Headlines Impacting Philip Morris International
Here are the key news stories impacting Philip Morris International this week:
- Positive Sentiment: Company extends growth outlook as smoke‑free transition accelerates — management signaled stronger medium‑term growth tied to accelerated adoption of smoke‑free products, which supports the firm’s 2026 guidance and investor confidence. Philip Morris International Extends Growth Outlook As Smoke Free Shift Accelerates
- Positive Sentiment: Analyst upgrade and higher price target — Needham raised its price target to $205 and reiterated a buy rating, signaling upside from current levels and providing fresh analyst support. Needham price target raise
- Positive Sentiment: Morning commentary highlights a solid 2026 outlook — bullish analyst pieces argue PM combines steady cash flow with growth from smoke‑free products, offering a defensive growth profile attractive to investors. With a Solid 2026 Outlook, Is It Time to Buy Philip Morris International?
- Positive Sentiment: Investor access event scheduled (CAGNY) — management (CEO & CFO) will present at the CAGNY conference on Feb 18; the webcast gives analysts a forum for detailed questions on guidance and smoke‑free progress, which can reduce uncertainty. Philip Morris International to Present at 2026 CAGNY Conference
- Neutral Sentiment: High institutional ownership and sector positioning — institutional holders own ~83% of float, which can stabilize shares but also concentrate selling pressure; sector comparisons show PM has outperformed some staples peers YTD. 83% ownership article
- Neutral Sentiment: Relative performance analysis available — market commentary compares PM to consumer staples peers, useful for portfolio positioning but unlikely to move the stock alone. Zacks sector comparison
- Negative Sentiment: India maintains e‑cigarette ban, blocking heat‑not‑burn market expansion — New Delhi’s decision to keep its e‑cigarette ban prevents PM from selling heated tobacco products in a large market, representing a meaningful near‑term lost growth opportunity and a regulatory risk reminder. India sticks to e-cigarette ban in snub for Philip Morris India keeps its e-cigarette ban in a blow to Philip Morris Philip Morris CEO calls India’s e-cigarette ban ’illogical’
About Philip Morris International
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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