Dana Investment Advisors Inc. Raises Stock Position in Philip Morris International Inc. $PM

Dana Investment Advisors Inc. raised its stake in shares of Philip Morris International Inc. (NYSE:PM) by 4.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 110,546 shares of the company’s stock after buying an additional 5,097 shares during the period. Dana Investment Advisors Inc.’s holdings in Philip Morris International were worth $17,930,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of PM. Cary Street Partners Investment Advisory LLC grew its holdings in shares of Philip Morris International by 5.4% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 7,708 shares of the company’s stock worth $1,250,000 after acquiring an additional 394 shares during the period. Legacy Financial Advisors Inc. lifted its holdings in Philip Morris International by 3.4% in the third quarter. Legacy Financial Advisors Inc. now owns 10,195 shares of the company’s stock valued at $1,654,000 after acquiring an additional 335 shares during the period. Private Advisory Group LLC boosted its position in Philip Morris International by 5.5% in the third quarter. Private Advisory Group LLC now owns 4,060 shares of the company’s stock worth $659,000 after purchasing an additional 211 shares during the last quarter. Trajan Wealth LLC boosted its position in Philip Morris International by 31.2% in the third quarter. Trajan Wealth LLC now owns 132,295 shares of the company’s stock worth $21,458,000 after purchasing an additional 31,490 shares during the last quarter. Finally, Equitable Trust Co. grew its stake in shares of Philip Morris International by 2.7% during the 3rd quarter. Equitable Trust Co. now owns 43,499 shares of the company’s stock valued at $7,056,000 after purchasing an additional 1,156 shares during the period. 78.63% of the stock is owned by institutional investors.

Philip Morris International Trading Up 2.0%

NYSE PM opened at $187.12 on Tuesday. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $190.98. The stock has a market cap of $291.28 billion, a price-to-earnings ratio of 25.74, a PEG ratio of 2.09 and a beta of 0.39. The company’s 50 day moving average is $171.30 and its two-hundred day moving average is $163.19.

Philip Morris International (NYSE:PM) last posted its quarterly earnings results on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.70. The business had revenue of $10.36 billion during the quarter, compared to analyst estimates of $10.40 billion. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The company’s revenue was up 6.8% on a year-over-year basis. 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. Sell-side analysts forecast that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Friday, December 26th were issued a dividend of $1.47 per share. The ex-dividend date of this dividend was Friday, December 26th. This represents a $5.88 dividend on an annualized basis and a yield of 3.1%. Philip Morris International’s dividend payout ratio (DPR) is currently 80.88%.

Analyst Upgrades and Downgrades

PM has been the topic of several recent research reports. Stifel Nicolaus set a $200.00 price objective on shares of Philip Morris International in a research note on Monday, February 9th. JPMorgan Chase & Co. reduced their target price on shares of Philip Morris International from $190.00 to $185.00 and set an “overweight” rating for the company in a report on Wednesday, November 26th. Needham & Company LLC increased their price target on shares of Philip Morris International from $190.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Wall Street Zen downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Finally, Citigroup upped their price objective on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Eleven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $196.83.

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.