WCG Wealth Advisors LLC increased its stake in shares of Philip Morris International Inc. (NYSE:PM – Free Report) by 139.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 66,615 shares of the company’s stock after purchasing an additional 38,814 shares during the period. WCG Wealth Advisors LLC’s holdings in Philip Morris International were worth $10,685,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently modified their holdings of the company. Dogwood Wealth Management LLC lifted its holdings in shares of Philip Morris International by 96.5% during the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after purchasing an additional 82 shares during the period. Richards Merrill & Peterson Inc. acquired a new stake in shares of Philip Morris International during the fourth quarter worth $28,000. Entrust Financial LLC acquired a new stake in shares of Philip Morris International during the fourth quarter worth $31,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Philip Morris International during the third quarter worth $32,000. Finally, FNY Investment Advisers LLC acquired a new stake in shares of Philip Morris International during the third quarter worth $33,000. 78.63% of the stock is owned by institutional investors and hedge funds.
Philip Morris International Stock Up 1.4%
Shares of PM stock opened at $176.12 on Thursday. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $193.05. The stock has a market cap of $274.50 billion, a P/E ratio of 24.77, a P/E/G ratio of 2.00 and a beta of 0.38. The business has a fifty day simple moving average of $170.35 and a 200-day simple moving average of $168.70.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on the company. Morgan Stanley increased their price target on Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Citigroup increased their price target on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. UBS Group cut their price objective on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $200.00 price objective on shares of Philip Morris International in a research report on Thursday, April 23rd. Ten investment 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, the company has an average rating of “Moderate Buy” and a consensus target price of $192.88.
Get Our Latest Stock Analysis on PM
Philip Morris International News Summary
Here are the key news stories impacting Philip Morris International this week:
- Positive Sentiment: Morgan Stanley said Philip Morris’ U.S. launch of Zyn Ultra nicotine pouches could be a meaningful catalyst, as the product may help support growth in the company’s smoke-free business. Philip Morris International’s US Launch of Zyn Ultra Seen as Potential Catalyst, Morgan Stanley Says
- Positive Sentiment: Philip Morris reiterated its view that smoke-free products remain the main long-term growth driver, with investor updates pointing to continued momentum in IQOS and other reduced-risk offerings. Philip Morris International Participates in 2026 dbAccess Global Consumer Conference; Updates 2026 Full-Year Diluted EPS Forecast for Currency and Non-Cash Impairment Only
- Neutral Sentiment: The company was highlighted in a Zacks analyst roundup alongside other large-cap names, with commentary focused on growth drivers, earnings trends, and risks rather than a new company-specific development. The Zacks Analyst Blog Highlights Chevron, The Goldman Sachs and Philip Morris
- Negative Sentiment: Philip Morris lowered its full-year earnings outlook after booking a roughly $500 million impairment tied to its Canadian affiliate and citing currency and cost pressures, including weaker pricing power and higher energy costs. Philip Morris cuts annual profit forecast on cost pressure, weak pricing power
- Negative Sentiment: Additional reports on the Canada writedown and trimmed EPS guidance reinforce investor concerns that near-term profits may be pressured even if the smoke-free portfolio remains strong. Philip Morris to Post $500 Million Impairment on Canada Affiliate
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.
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