Citizens Business Bank Takes $458,000 Position in Philip Morris International Inc. $PM

Citizens Business Bank acquired a new stake in shares of Philip Morris International Inc. (NYSE:PM) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 2,825 shares of the company’s stock, valued at approximately $458,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PM. Primecap Management Co. CA boosted its position in shares of Philip Morris International by 4.2% in the third quarter. Primecap Management Co. CA now owns 953,700 shares of the company’s stock worth $154,690,000 after purchasing an additional 38,400 shares during the period. Intech Investment Management LLC lifted its stake in shares of Philip Morris International by 112.9% during the 3rd quarter. Intech Investment Management LLC now owns 168,622 shares of the company’s stock valued at $27,350,000 after buying an additional 89,407 shares in the last quarter. Catalyst Financial Partners LLC boosted its holdings in Philip Morris International by 2.2% in the 3rd quarter. Catalyst Financial Partners LLC now owns 14,663 shares of the company’s stock worth $2,378,000 after buying an additional 309 shares during the period. Fox Run Management L.L.C. boosted its holdings in Philip Morris International by 209.0% in the 3rd quarter. Fox Run Management L.L.C. now owns 7,907 shares of the company’s stock worth $1,283,000 after buying an additional 5,348 shares during the period. Finally, MAI Capital Management increased its stake in Philip Morris International by 12.4% in the 3rd quarter. MAI Capital Management now owns 83,161 shares of the company’s stock worth $13,489,000 after buying an additional 9,176 shares in the last quarter. Institutional investors own 78.63% of the company’s stock.

Analyst Ratings Changes

PM has been the topic of several research analyst reports. Needham & Company LLC boosted their price objective on Philip Morris International from $190.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Stifel Nicolaus set a $200.00 target price on Philip Morris International in a research note on Monday, February 9th. Wall Street Zen downgraded Philip Morris International from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a report on Thursday, January 22nd. Finally, Citigroup lifted their price objective on shares of Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Eleven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Philip Morris International has an average rating of “Moderate Buy” and an average target price of $196.83.

Philip Morris International Trading Up 1.7%

Shares of Philip Morris International stock opened at $190.27 on Thursday. The firm has a market cap of $296.19 billion, a PE ratio of 26.17, a PEG ratio of 2.13 and a beta of 0.39. The stock has a 50 day moving average of $172.51 and a 200 day moving average of $163.50. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $191.30.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.70. The business had revenue of $10.36 billion for the quarter, compared to analysts’ expectations 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 prior year, the firm 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, equities research analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

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

Philip Morris International Company Profile

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.