17,561 Shares in Philip Morris International Inc. $PM Bought by First Nebraska Trust Co

First Nebraska Trust Co acquired a new stake in Philip Morris International Inc. (NYSE:PM) during the first quarter, according to its most recent filing with the SEC. The firm acquired 17,561 shares of the company’s stock, valued at approximately $2,904,000.

Several other institutional investors also recently bought and sold shares of the company. AG Campbell Advisory LLC acquired a new stake in shares of Philip Morris International in the 4th quarter worth $25,000. Portfolio Resources Advisor Group Inc. purchased a new position in Philip Morris International during the fourth quarter worth about $26,000. Vermillion Wealth Management Inc. raised its holdings in Philip Morris International by 146.5% during the first 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. Richards Merrill & Peterson Inc. acquired a new stake in Philip Morris International in the fourth quarter valued at about $28,000. Finally, Safe Harbor Fiduciary LLC purchased a new stake in Philip Morris International in the 4th quarter valued at approximately $29,000. 78.63% of the stock is owned by institutional investors and hedge funds.

Philip Morris International Trading Down 0.5%

Shares of PM opened at $191.13 on Friday. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $207.76. The stock has a market cap of $297.90 billion, a P/E ratio of 27.46, a PEG ratio of 2.30 and a beta of 0.38. The company has a 50-day moving average of $183.37 and a two-hundred day moving average of $176.77.

Philip Morris International (NYSE:PM) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $2.20 EPS for the quarter, beating the consensus estimate of $2.05 by $0.15. Philip Morris International had a net margin of 11.06% and a negative return on equity of 163.41%. The business had revenue of $11.19 billion for the quarter, compared to analyst estimates of $10.60 billion. During the same period in the prior year, the business earned $1.89 earnings per share. The company’s quarterly revenue was up 10.4% on a year-over-year basis. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. As a group, analysts forecast that Philip Morris International Inc. will post 8.33 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Thursday, June 25th were given a dividend of $1.47 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $5.88 annualized dividend and a yield of 3.1%. Philip Morris International’s dividend payout ratio (DPR) is presently 84.48%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on PM shares. Morgan Stanley boosted their target price on Philip Morris International from $200.00 to $215.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Citigroup increased their price objective on Philip Morris International from $210.00 to $225.00 and gave the stock a “buy” rating in a research report on Thursday. Barclays upped their price target on shares of Philip Morris International from $205.00 to $225.00 and gave the stock an “overweight” rating in a research note on Wednesday. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Finally, Stifel Nicolaus upped their target price on shares of Philip Morris International from $195.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Eleven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $205.89.

Philip Morris International 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.