NEOS Investment Management LLC Buys 64,808 Shares of Philip Morris International Inc. $PM

NEOS Investment Management LLC lifted its position in shares of Philip Morris International Inc. (NYSE:PM) by 50.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 193,918 shares of the company’s stock after acquiring an additional 64,808 shares during the quarter. NEOS Investment Management LLC’s holdings in Philip Morris International were worth $31,454,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC increased its stake in Philip Morris International by 31.1% during the 4th quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after purchasing an additional 2,023 shares in the last quarter. Revolve Wealth Partners LLC increased its position in shares of Philip Morris International by 4.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock worth $252,000 after acquiring an additional 91 shares in the last quarter. Sivia Capital Partners LLC lifted its position 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 valued at $1,027,000 after acquiring an additional 1,970 shares in the last quarter. Chicago Partners Investment Group LLC raised its position in Philip Morris International by 7.4% during the second quarter. Chicago Partners Investment Group LLC now owns 13,307 shares of the company’s stock worth $2,424,000 after acquiring an additional 915 shares in the last quarter. Finally, Forvis Mazars Wealth Advisors LLC lifted its stake in Philip Morris International by 2.9% in the second quarter. Forvis Mazars Wealth Advisors LLC now owns 12,755 shares of the company’s stock valued at $2,323,000 after acquiring an additional 354 shares during the last quarter. Institutional investors and hedge funds own 78.63% of the company’s stock.

Philip Morris International Trading Down 0.8%

Shares of PM opened at $187.35 on Tuesday. The firm’s 50-day moving average price is $168.12 and its 200-day moving average price is $162.51. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $190.98. The firm has a market capitalization of $291.64 billion, a price-to-earnings ratio of 25.77, a PEG ratio of 2.14 and a beta of 0.39.

Philip Morris International (NYSE:PM) last released its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.70. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The business had revenue of $10.36 billion for the quarter, compared to analysts’ expectations of $10.40 billion. During the same period in the prior year, the firm posted $1.55 EPS. The firm’s quarterly revenue 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, research analysts forecast that Philip Morris International Inc. will post 7.14 EPS 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. Investors of record on Friday, December 26th were issued a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 3.1%. The ex-dividend date was Friday, December 26th. Philip Morris International’s dividend payout ratio (DPR) is presently 80.88%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Barclays decreased their price objective 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. JPMorgan Chase & Co. decreased their target price on Philip Morris International from $190.00 to $185.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. 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 report on Tuesday, February 10th. Morgan Stanley reiterated an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a report on Monday, February 9th. Finally, Jefferies Financial Group lowered shares of Philip Morris International from a “buy” rating to a “hold” rating and dropped their price target for the company from $220.00 to $180.00 in a research report on Tuesday, January 20th. Eleven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $194.06.

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.