Prime Capital Investment Advisors LLC Acquires 8,271 Shares of Philip Morris International Inc. $PM

Prime Capital Investment Advisors LLC lifted its stake in Philip Morris International Inc. (NYSE:PMFree Report) by 45.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,484 shares of the company’s stock after purchasing an additional 8,271 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Philip Morris International were worth $4,296,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PM. Beacon Harbor Wealth Advisors Inc. boosted its position in Philip Morris International by 66.5% in the 3rd quarter. Beacon Harbor Wealth Advisors Inc. now owns 38,425 shares of the company’s stock valued at $6,233,000 after buying an additional 15,348 shares during the period. RMR Wealth Builders raised its stake in shares of Philip Morris International by 11.7% during the third quarter. RMR Wealth Builders now owns 3,259 shares of the company’s stock valued at $529,000 after acquiring an additional 342 shares in the last quarter. ABN AMRO Bank N.V. purchased a new stake in shares of Philip Morris International in the third quarter valued at approximately $1,069,000. HighPoint Advisor Group LLC grew its stake in Philip Morris International by 0.8% in the third quarter. HighPoint Advisor Group LLC now owns 66,276 shares of the company’s stock worth $10,750,000 after purchasing an additional 511 shares in the last quarter. Finally, HORAN Wealth LLC increased its holdings in Philip Morris International by 98.1% during the 3rd quarter. HORAN Wealth LLC now owns 2,419 shares of the company’s stock worth $392,000 after purchasing an additional 1,198 shares during the period. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Up 0.4%

NYSE:PM opened at $182.78 on Friday. The stock has a market capitalization of $284.52 billion, a price-to-earnings ratio of 33.11, a PEG ratio of 1.96 and a beta of 0.39. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $186.69. The firm has a 50 day moving average of $163.99 and a 200 day moving average of $161.54.

Philip Morris International (NYSE:PMGet Free Report) last issued its quarterly earnings results on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.70. Philip Morris International had a negative return on equity of 122.14% and a net margin of 9.33%.The business had revenue of $10.36 billion for the quarter, compared to the consensus estimate of $10.40 billion. During the same period in the prior year, the firm posted $1.55 earnings per share. The business’s quarterly revenue was up 6.8% on a year-over-year basis. 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. As a group, analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Friday, December 26th were issued a dividend of $1.47 per share. The ex-dividend date 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 is 106.52%.

Wall Street Analyst Weigh In

PM has been the topic of a number of recent research reports. Wall Street Zen downgraded Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Stifel Nicolaus set a $180.00 target price on shares of Philip Morris International in a report on Tuesday, October 21st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research report on Thursday, January 22nd. Barclays dropped their price objective on shares of Philip Morris International from $220.00 to $180.00 and set an “overweight” rating on the stock in a research note on Monday, November 17th. Finally, Morgan Stanley set a $175.00 price objective on shares of Philip Morris International and gave the stock an “overweight” rating in a research note on Wednesday, October 22nd. Eleven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Philip Morris International currently has a consensus rating of “Moderate Buy” and an average target price of $184.56.

View Our Latest Research Report on Philip Morris International

Key Stories Impacting Philip Morris International

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Philip Morris International Profile

(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.

Further Reading

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

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