Metis Global Partners LLC Decreases Holdings in Philip Morris International Inc. $PM

Metis Global Partners LLC lowered its stake in Philip Morris International Inc. (NYSE:PM) by 6.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 48,670 shares of the company’s stock after selling 3,097 shares during the quarter. Metis Global Partners LLC’s holdings in Philip Morris International were worth $7,807,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PM. Capital International Investors lifted its stake in Philip Morris International by 13.7% in the 4th quarter. Capital International Investors now owns 101,377,875 shares of the company’s stock valued at $16,262,967,000 after buying an additional 12,227,004 shares in the last quarter. Capital Research Global Investors lifted its stake in Philip Morris International by 25.3% in the 4th quarter. Capital Research Global Investors now owns 54,559,706 shares of the company’s stock valued at $8,751,407,000 after buying an additional 11,013,173 shares in the last quarter. Capital World Investors lifted its stake in Philip Morris International by 2.8% in the 4th quarter. Capital World Investors now owns 132,355,726 shares of the company’s stock valued at $21,230,315,000 after buying an additional 3,579,399 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its stake in Philip Morris International by 36.3% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 9,301,112 shares of the company’s stock valued at $1,491,898,000 after buying an additional 2,475,204 shares in the last quarter. Finally, SG Americas Securities LLC lifted its stake in Philip Morris International by 1,547.2% in the 4th quarter. SG Americas Securities LLC now owns 2,260,217 shares of the company’s stock valued at $362,539,000 after buying an additional 2,123,002 shares in the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on PM. Stifel Nicolaus reduced their target price on Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Morgan Stanley upped their target price on Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, June 3rd. Needham & Company LLC reaffirmed a “buy” rating and issued a $200.00 target price on shares of Philip Morris International in a research note on Thursday, April 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Finally, Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $192.88.

Philip Morris International Stock Up 2.5%

Shares of Philip Morris International stock opened at $183.01 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 firm has a market cap of $285.23 billion, a PE ratio of 25.74, a P/E/G ratio of 2.06 and a beta of 0.38. The business’s fifty day moving average is $171.77 and its two-hundred day moving average is $169.52.

Philip Morris International (NYSE:PM) last issued its quarterly earnings results 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 negative return on equity of 142.02% and a net margin of 11.61%.The company had revenue of $10.15 billion for the quarter, compared to analyst estimates of $9.95 billion. During the same quarter in the prior year, the company posted $1.69 EPS. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. 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. Equities research analysts anticipate that Philip Morris International Inc. will post 8.4 EPS for the current year.

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.