ProShare Advisors LLC Has $42.24 Million Position in Philip Morris International Inc. $PM

ProShare Advisors LLC cut its holdings in Philip Morris International Inc. (NYSE:PM) by 2.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 260,396 shares of the company’s stock after selling 5,955 shares during the period. ProShare Advisors LLC’s holdings in Philip Morris International were worth $42,236,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Western Wealth Management LLC grew its stake in Philip Morris International by 4.8% during the third quarter. Western Wealth Management LLC now owns 5,221 shares of the company’s stock worth $847,000 after purchasing an additional 239 shares during the period. D.B. Root & Company LLC boosted its holdings in shares of Philip Morris International by 2.6% during the 3rd quarter. D.B. Root & Company LLC now owns 3,124 shares of the company’s stock worth $507,000 after buying an additional 79 shares in the last quarter. REAP Financial Group LLC grew its position in shares of Philip Morris International by 29.2% during the 3rd quarter. REAP Financial Group LLC now owns 937 shares of the company’s stock worth $152,000 after buying an additional 212 shares during the period. Francis Financial Inc. bought a new stake in shares of Philip Morris International in the 3rd quarter valued at $118,000. Finally, New York Life Investment Management LLC lifted its position in shares of Philip Morris International by 0.4% during the 3rd quarter. New York Life Investment Management LLC now owns 209,013 shares of the company’s stock valued at $33,902,000 after acquiring an additional 836 shares during the period. Institutional investors own 78.63% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on PM. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a report on Thursday, January 22nd. Barclays cut 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 report on Monday, November 17th. Wall Street Zen lowered Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Stifel Nicolaus set a $200.00 price target on Philip Morris International in a research note on Monday. Finally, Jefferies Financial Group cut Philip Morris International from a “buy” rating to a “hold” rating and reduced their price objective for the company from $220.00 to $180.00 in a research note on Tuesday, January 20th. Eleven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $191.83.

Philip Morris International Price Performance

PM opened at $181.71 on Tuesday. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $186.69. The firm has a market capitalization of $282.86 billion, a PE ratio of 24.99, a P/E/G ratio of 1.99 and a beta of 0.39. The company’s 50-day moving average is $164.50 and its 200 day moving average is $161.63.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Friday, February 6th. The company reported $1.70 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%.The company’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the previous year, the company posted $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 expect that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Friday, December 26th were paid a $1.47 dividend. 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 presently 80.88%.

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.