Providence Financial Advisors LLC Acquires New Position in Philip Morris International Inc. $PM

Providence Financial Advisors LLC acquired a new stake in shares of Philip Morris International Inc. (NYSE:PM) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,000 shares of the company’s stock, valued at approximately $649,000. Philip Morris International comprises about 0.6% of Providence Financial Advisors LLC’s investment portfolio, making the stock its 20th biggest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Brighton Jones LLC lifted its position in shares of Philip Morris International by 31.1% during the fourth quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after acquiring an additional 2,023 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in Philip Morris International by 4.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock worth $252,000 after purchasing an additional 91 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in Philip Morris International by 53.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company’s stock worth $1,027,000 after purchasing an additional 1,970 shares during the period. Aspiriant LLC grew its holdings in Philip Morris International by 22.7% during the 2nd quarter. Aspiriant LLC now owns 2,211 shares of the company’s stock valued at $403,000 after buying an additional 409 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC increased its position in shares of Philip Morris International by 1.6% during the second quarter. Signature Estate & Investment Advisors LLC now owns 10,662 shares of the company’s stock valued at $1,942,000 after buying an additional 169 shares during the period. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Price Performance

Shares of NYSE:PM opened at $187.35 on Monday. The stock’s 50-day moving average is $167.34 and its 200 day moving average is $162.35. The company has a market cap of $291.64 billion, a PE ratio of 25.77, a P/E/G ratio of 2.14 and a beta of 0.39. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $190.98.

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, meeting analysts’ consensus estimates of $1.70. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. 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 previous year, the firm earned $1.55 EPS. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. 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. Analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Friday, December 26th were paid 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 dividend yield of 3.1%. Philip Morris International’s dividend payout ratio (DPR) is currently 80.88%.

Analysts Set New Price Targets

PM has been the topic of a number of analyst reports. Barclays decreased their target price on shares of Philip Morris International from $220.00 to $180.00 and set an “overweight” rating on the stock in a report on Monday, November 17th. The Goldman Sachs Group reissued a “buy” rating on shares of Philip Morris International in a research note on Wednesday, October 22nd. Citigroup raised their price target on Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. JPMorgan Chase & Co. cut their price objective on Philip Morris International from $190.00 to $185.00 and set an “overweight” rating for the company in a report on Wednesday, November 26th. Finally, Needham & Company LLC lifted their price target on Philip Morris International from $190.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Eleven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Philip Morris International presently has a consensus rating of “Moderate Buy” and an average price target of $194.06.

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.