Bryn Mawr Trust Advisors LLC Has $3.80 Million Holdings in Philip Morris International Inc. $PM

Bryn Mawr Trust Advisors LLC cut its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 17.7% during the 1st quarter, Holdings Channel reports. The firm owned 22,977 shares of the company’s stock after selling 4,954 shares during the period. Bryn Mawr Trust Advisors LLC’s holdings in Philip Morris International were worth $3,799,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. AG Campbell Advisory LLC bought a new stake in shares of Philip Morris International in the fourth quarter valued at approximately $25,000. Portfolio Resources Advisor Group Inc. bought a new stake in shares of Philip Morris International during the 4th quarter valued at $26,000. Richards Merrill & Peterson Inc. acquired a new stake in shares of Philip Morris International during the 4th quarter worth $28,000. Vermillion Wealth Management Inc. grew its holdings in shares of Philip Morris International by 146.5% during the 1st quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock worth $29,000 after purchasing an additional 104 shares in the last quarter. Finally, Safe Harbor Fiduciary LLC bought a new position in shares of Philip Morris International in the fourth quarter worth $29,000. 78.63% of the stock is owned by institutional investors.

Philip Morris International Stock Performance

Shares of PM opened at $180.32 on Tuesday. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $193.05. The business’s fifty day moving average is $181.21 and its 200-day moving average is $173.83. The firm has a market cap of $281.04 billion, a price-to-earnings ratio of 25.36, a PEG ratio of 2.14 and a beta of 0.38.

Philip Morris International (NYSE:PM) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.13. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The company had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. During the same quarter in the previous year, the firm earned $1.69 EPS. Philip Morris International’s revenue was up 9.1% on a year-over-year basis. Philip Morris International has set its FY 2026 guidance at 8.360-8.510 EPS and its Q2 2026 guidance at 2.020-2.070 EPS. As a group, research analysts forecast that Philip Morris International Inc. will post 8.39 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 20th. Shareholders of record on Thursday, June 25th will be paid a dividend of $1.47 per share. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $5.88 annualized dividend and a yield of 3.3%. Philip Morris International’s payout ratio is presently 82.70%.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $200.00 price target on shares of Philip Morris International in a research note on Thursday, April 23rd. UBS Group increased their price objective on shares of Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a research note on Thursday, July 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Morgan Stanley boosted their target price on shares of Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, June 3rd. Finally, Stifel Nicolaus dropped their target price on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Philip Morris International has a consensus rating of “Moderate Buy” and a consensus price target of $194.62.

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.