Bollard Group LLC Has $9.76 Million Stock Position in Philip Morris International Inc. $PM

Bollard Group LLC lowered its position in shares of Philip Morris International Inc. (NYSE:PM) by 27.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,841 shares of the company’s stock after selling 22,479 shares during the quarter. Bollard Group LLC’s holdings in Philip Morris International were worth $9,759,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in PM. Vanguard Group Inc. grew its holdings in Philip Morris International by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 145,262,397 shares of the company’s stock worth $23,300,088,000 after acquiring an additional 1,793,949 shares during the last quarter. Capital World Investors grew its holdings in Philip Morris International by 2.8% during the 4th quarter. Capital World Investors now owns 132,355,726 shares of the company’s stock worth $21,230,315,000 after acquiring an additional 3,579,399 shares during the last quarter. Capital International Investors grew its holdings in Philip Morris International by 13.7% during the 4th quarter. Capital International Investors now owns 101,377,875 shares of the company’s stock worth $16,262,967,000 after acquiring an additional 12,227,004 shares during the last quarter. Capital Research Global Investors grew its holdings in Philip Morris International by 25.3% during the 4th quarter. Capital Research Global Investors now owns 54,559,706 shares of the company’s stock worth $8,751,407,000 after acquiring an additional 11,013,173 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in Philip Morris International by 2.8% during the 3rd quarter. Northern Trust Corp now owns 14,701,879 shares of the company’s stock worth $2,384,645,000 after acquiring an additional 401,381 shares during the last quarter. Institutional investors own 78.63% of the company’s stock.

Analyst Upgrades and Downgrades

PM has been the topic of a number of research analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Bank of America reissued a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Needham & Company LLC reissued a “buy” rating and set a $200.00 price objective on shares of Philip Morris International in a report on Thursday, April 23rd. UBS Group decreased their price objective on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a report on Friday, April 17th. Finally, Barclays reissued an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. Ten 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, the company currently has an average rating of “Moderate Buy” and an average target price of $192.88.

Philip Morris International Price Performance

Shares of NYSE:PM opened at $184.41 on Friday. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $193.05. The company has a 50 day moving average of $172.61 and a 200-day moving average of $169.80. The stock has a market cap of $287.41 billion, a price-to-earnings ratio of 25.94, a P/E/G ratio of 2.13 and a beta of 0.38.

Philip Morris International (NYSE:PM) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, topping the consensus estimate 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 company had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. During the same quarter in the previous year, the company earned $1.69 EPS. Philip Morris International’s revenue 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. Equities research analysts anticipate that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

Philip Morris International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 20th. Investors of record on Thursday, June 25th will be paid a dividend of $1.47 per share. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $5.88 annualized dividend and a yield of 3.2%. Philip Morris International’s dividend payout ratio (DPR) is presently 82.70%.

Philip Morris International Company 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.