Hilton Head Capital Partners LLC Takes $2.70 Million Position in Philip Morris International Inc. $PM

Hilton Head Capital Partners LLC acquired a new position in shares of Philip Morris International Inc. (NYSE:PMFree Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 16,850 shares of the company’s stock, valued at approximately $2,703,000. Philip Morris International comprises approximately 1.6% of Hilton Head Capital Partners LLC’s investment portfolio, making the stock its 11th biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Dogwood Wealth Management LLC boosted its stake in 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 buying an additional 82 shares during the period. Richards Merrill & Peterson Inc. purchased a new stake in shares of Philip Morris International in the 4th quarter valued at approximately $28,000. Entrust Financial LLC acquired a new position in shares of Philip Morris International in the 4th quarter worth approximately $31,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Philip Morris International in the 3rd quarter worth approximately $32,000. Finally, FNY Investment Advisers LLC purchased a new position in shares of Philip Morris International during the 3rd quarter worth approximately $33,000. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Citigroup boosted their target price on Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Barclays reaffirmed an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a research note on Monday, February 23rd. Morgan Stanley boosted their price objective on Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday. UBS Group lowered their target price on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a report on Friday, April 17th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $192.88.

Check Out Our Latest Stock Report on PM

Philip Morris International Stock Up 0.2%

NYSE:PM opened at $178.66 on Monday. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $193.05. The company has a fifty day simple moving average of $170.84 and a two-hundred day simple moving average of $169.02. The company has a market cap of $278.45 billion, a price-to-earnings ratio of 25.13, a price-to-earnings-growth ratio of 2.06 and a beta of 0.38.

Philip Morris International (NYSE:PMGet Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. The company had revenue of $10.15 billion for the quarter, compared to analyst estimates of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.Philip Morris International’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter last 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. On average, analysts expect that Philip Morris International Inc. will post 8.4 EPS for the current year.

Philip Morris International Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Philip Morris International (NYSE:PM)

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