8,293 Shares in Philip Morris International Inc. $PM Acquired by SBI Okasan Asset Management Co.Ltd.

SBI Okasan Asset Management Co.Ltd. bought a new position in Philip Morris International Inc. (NYSE:PM) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 8,293 shares of the company’s stock, valued at approximately $1,343,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tranquility Partners LLC increased its holdings in Philip Morris International by 2.4% in the 4th quarter. Tranquility Partners LLC now owns 2,489 shares of the company’s stock worth $399,000 after acquiring an additional 59 shares in the last quarter. Stonebridge Financial Group LLC increased its holdings in Philip Morris International by 2.2% in the 4th quarter. Stonebridge Financial Group LLC now owns 2,763 shares of the company’s stock worth $443,000 after acquiring an additional 60 shares in the last quarter. Capital Advisors Wealth Management LLC increased its holdings in Philip Morris International by 1.8% in the 4th quarter. Capital Advisors Wealth Management LLC now owns 3,372 shares of the company’s stock worth $541,000 after acquiring an additional 61 shares in the last quarter. CFO4Life Group LLC increased its holdings in Philip Morris International by 1.5% in the 4th quarter. CFO4Life Group LLC now owns 4,212 shares of the company’s stock worth $676,000 after acquiring an additional 61 shares in the last quarter. Finally, Townsend Asset Management Corp NC ADV increased its holdings in Philip Morris International by 2.4% in the 4th quarter. Townsend Asset Management Corp NC ADV now owns 2,662 shares of the company’s stock worth $427,000 after acquiring an additional 62 shares in the last quarter. 78.63% of the stock is owned by hedge funds and other institutional investors.

Philip Morris International Stock Performance

NYSE PM opened at $178.64 on Friday. The company has a market capitalization of $278.42 billion, a P/E ratio of 25.12, a P/E/G ratio of 2.09 and a beta of 0.37. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $193.05. The stock has a 50 day moving average price of $169.46 and a 200-day moving average price of $168.16.

Philip Morris International (NYSE:PM) last posted its earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. The firm had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The company’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.69 EPS. 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, equities analysts predict that Philip Morris International Inc. will post 8.45 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 13th. Stockholders of record on Thursday, March 19th were given a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Thursday, March 19th. Philip Morris International’s dividend payout ratio is currently 82.70%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on PM shares. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Barclays restated an “overweight” rating and issued a $205.00 price target on shares of Philip Morris International in a research note on Monday, February 23rd. Stifel Nicolaus dropped their price target on Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research note on Friday, April 10th. Bank of America restated a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Finally, Morgan Stanley dropped their price target on Philip Morris International from $205.00 to $190.00 and set an “overweight” rating for the company in a research note on Friday, April 17th. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $192.56.

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.