Smartleaf Asset Management LLC Purchases 6,355 Shares of Philip Morris International Inc. $PM

Smartleaf Asset Management LLC increased its position in Philip Morris International Inc. (NYSE:PMFree Report) by 71.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 15,258 shares of the company’s stock after buying an additional 6,355 shares during the period. Smartleaf Asset Management LLC’s holdings in Philip Morris International were worth $2,487,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Legacy Investment Solutions LLC bought a new stake in Philip Morris International in the 2nd quarter valued at $25,000. Traub Capital Management LLC bought a new position in shares of Philip Morris International during the 2nd quarter valued at about $25,000. Marquette Asset Management LLC grew its position in shares of Philip Morris International by 1,677.8% during 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 in the last quarter. Estabrook Capital Management bought a new stake in shares of Philip Morris International in the second quarter worth about $30,000. Finally, Briaud Financial Planning Inc lifted its position in shares of Philip Morris International by 266.7% in the second quarter. Briaud Financial Planning Inc now owns 165 shares of the company’s stock worth $30,000 after buying an additional 120 shares in the last quarter. 78.63% of the stock is owned by institutional investors.

Philip Morris International Stock Performance

PM opened at $182.78 on Monday. The stock’s 50 day moving average price is $163.99 and its 200-day moving average price is $161.49. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $186.69. The stock has a market cap of $284.52 billion, a price-to-earnings ratio of 25.14, a P/E/G ratio of 1.99 and a beta of 0.39.

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. The firm had revenue of $10.36 billion during the quarter, compared to analyst estimates of $10.40 billion. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.Philip Morris International’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period last year, the company earned $1.55 EPS. 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 predict that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal 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 issued a $1.47 dividend. The ex-dividend date was Friday, December 26th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.2%. Philip Morris International’s dividend payout ratio is presently 80.88%.

Analysts Set New Price Targets

A number of brokerages recently commented on PM. Morgan Stanley set a $175.00 price target on Philip Morris International and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Philip Morris International in a report on Wednesday, October 22nd. JPMorgan Chase & Co. lowered their target price on Philip Morris International from $190.00 to $185.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. Jefferies Financial Group lowered shares of Philip Morris International from a “buy” rating to a “hold” rating and cut their target price for the company from $220.00 to $180.00 in a report on Tuesday, January 20th. Finally, 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 research note on Monday, November 17th. Eleven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $184.56.

Get Our Latest Stock Analysis on PM

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.

See Also

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

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