Princeton Capital Management LLC Buys New Shares in Philip Morris International Inc. $PM

Princeton Capital Management LLC acquired a new position in shares of Philip Morris International Inc. (NYSE:PM) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 11,262 shares of the company’s stock, valued at approximately $1,827,000.

Several other institutional investors have also bought and sold shares of PM. Cannon Wealth Management Services LLC increased its position in Philip Morris International by 4.8% in the 3rd quarter. Cannon Wealth Management Services LLC now owns 1,928 shares of the company’s stock valued at $313,000 after acquiring an additional 88 shares in the last quarter. Dearborn Partners LLC boosted its holdings in Philip Morris International by 19.0% during the third quarter. Dearborn Partners LLC now owns 3,091 shares of the company’s stock worth $501,000 after buying an additional 493 shares during the last quarter. Advyzon Investment Management LLC grew its holdings in Philip Morris International by 72.4% during the third quarter. Advyzon Investment Management LLC now owns 10,204 shares of the company’s stock valued at $1,655,000 after purchasing an additional 4,285 shares during the period. Mitsubishi UFJ Asset Management UK Ltd. lifted its holdings in Philip Morris International by 300.0% during the third quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 4,000 shares of the company’s stock worth $649,000 after acquiring an additional 3,000 shares in the last quarter. Finally, Heartland Bank & Trust Co acquired a new position in shares of Philip Morris International in the 3rd quarter valued at approximately $1,179,000. Institutional investors and hedge funds own 78.63% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Needham & Company LLC boosted their price objective on shares of Philip Morris International from $190.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Jefferies Financial Group cut shares of Philip Morris International from a “buy” rating to a “hold” rating and cut their target price for the stock from $220.00 to $180.00 in a research note on Tuesday, January 20th. Stifel Nicolaus set a $200.00 price target on shares of Philip Morris International in a research note on Monday, February 9th. UBS Group reissued a “neutral” rating and set a $181.50 target price on shares of Philip Morris International in a report on Monday, February 9th. Finally, Wall Street Zen downgraded Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Eleven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Philip Morris International has a consensus rating of “Moderate Buy” and a consensus target price of $194.06.

Philip Morris International Stock Performance

Shares of NYSE:PM opened at $183.35 on Friday. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $190.98. The firm has a market cap of $285.41 billion, a P/E ratio of 25.22, a PEG ratio of 2.09 and a beta of 0.39. The business’s 50 day simple moving average is $170.72 and its two-hundred day simple moving average is $163.09.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data on Friday, February 6th. The company reported $1.70 EPS for the quarter, meeting the consensus estimate of $1.70. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The firm had revenue of $10.36 billion during the quarter, compared to analyst estimates of $10.40 billion. During the same quarter last year, the business posted $1.55 EPS. The company’s revenue for the quarter 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. On average, equities analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Friday, December 26th were given a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Friday, December 26th. Philip Morris International’s dividend payout ratio (DPR) is 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.