Los Angeles Capital Management LLC Has $92.15 Million Stock Holdings in Philip Morris International Inc. $PM

Los Angeles Capital Management LLC cut its holdings in Philip Morris International Inc. (NYSE:PM) by 19.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 574,472 shares of the company’s stock after selling 138,877 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Philip Morris International were worth $92,145,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in PM. Capital Research Global Investors lifted its stake in Philip Morris International by 7.2% in the third quarter. Capital Research Global Investors now owns 43,546,533 shares of the company’s stock valued at $7,063,263,000 after acquiring an additional 2,911,835 shares during the last quarter. Capital World Investors lifted its stake in Philip Morris International by 2.2% in the third quarter. Capital World Investors now owns 128,776,327 shares of the company’s stock valued at $20,887,743,000 after acquiring an additional 2,714,674 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in Philip Morris International by 36.3% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 9,301,112 shares of the company’s stock valued at $1,491,898,000 after acquiring an additional 2,475,204 shares during the last quarter. SG Americas Securities LLC lifted its stake in Philip Morris International by 1,547.2% in the fourth quarter. SG Americas Securities LLC now owns 2,260,217 shares of the company’s stock valued at $362,539,000 after acquiring an additional 2,123,002 shares during the last quarter. Finally, Lone Pine Capital LLC lifted its stake in Philip Morris International by 67.3% in the third quarter. Lone Pine Capital LLC now owns 4,614,443 shares of the company’s stock valued at $748,463,000 after acquiring an additional 1,856,749 shares during the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Trading Up 2.1%

Shares of Philip Morris International stock opened at $178.66 on Friday. The firm has a fifty day simple moving average of $170.84 and a 200-day simple moving average of $168.91. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $193.05. The stock has a market capitalization of $278.45 billion, a price-to-earnings ratio of 25.13, a PEG ratio of 2.06 and a beta of 0.38.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.13. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The business had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. During the same period in the previous year, the company earned $1.69 earnings per share. Philip Morris International’s revenue for the quarter 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 predict that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. UBS Group reduced their target price on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a research note on Friday, April 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Morgan Stanley lifted 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 note on Wednesday. Stifel Nicolaus reduced their price objective on shares of 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. Finally, Citigroup boosted their price objective on shares of Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $192.88.

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.