Epoch Investment Partners Inc. Sells 35,824 Shares of Philip Morris International Inc. $PM

Epoch Investment Partners Inc. lessened its position in shares of Philip Morris International Inc. (NYSE:PM) by 6.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 538,597 shares of the company’s stock after selling 35,824 shares during the period. Epoch Investment Partners Inc.’s holdings in Philip Morris International were worth $86,391,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the company. Ariadne Wealth Management LP increased its holdings in Philip Morris International by 54.0% during the 4th quarter. Ariadne Wealth Management LP now owns 2,221 shares of the company’s stock worth $356,000 after purchasing an additional 779 shares in the last quarter. Bard Associates Inc. bought a new position in Philip Morris International during the 4th quarter worth about $90,000. Arrowstreet Capital Limited Partnership increased its holdings in Philip Morris International by 51.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 4,975,855 shares of the company’s stock worth $798,127,000 after purchasing an additional 1,684,872 shares in the last quarter. Aptus Capital Advisors LLC increased its holdings in Philip Morris International by 2.8% during the 4th quarter. Aptus Capital Advisors LLC now owns 37,986 shares of the company’s stock worth $6,096,000 after purchasing an additional 1,035 shares in the last quarter. Finally, Arete Wealth Advisors LLC increased its holdings in Philip Morris International by 4.6% during the 4th quarter. Arete Wealth Advisors LLC now owns 10,952 shares of the company’s stock worth $1,757,000 after purchasing an additional 486 shares in the last quarter. Institutional investors own 78.63% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on PM. Stifel Nicolaus lowered their target price on Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a report on Friday, April 10th. Morgan Stanley raised 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, June 3rd. Needham & Company LLC restated a “buy” rating and issued a $200.00 price objective on shares of Philip Morris International in a report on Thursday, April 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Finally, Barclays restated an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $192.88.

Philip Morris International Price Performance

Shares of NYSE PM opened at $184.41 on Friday. The stock has a market capitalization of $287.41 billion, a price-to-earnings ratio of 25.94, a PEG ratio of 2.13 and a beta of 0.38. The business has a 50-day moving average of $172.61 and a 200-day moving average of $169.80. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $193.05.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $9.95 billion. During the same quarter last year, the company earned $1.69 EPS. Philip Morris International’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. On average, sell-side analysts expect that Philip Morris International Inc. will post 8.4 EPS for the current year.

Philip Morris International Announces Dividend

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