Fieldview Capital Management LLC lessened its holdings in shares of Philip Morris International Inc. (NYSE:PM – Free Report) by 72.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,728 shares of the company’s stock after selling 7,083 shares during the quarter. Fieldview Capital Management LLC’s holdings in Philip Morris International were worth $438,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PM. Dogwood Wealth Management LLC boosted its position 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 purchasing an additional 82 shares during the period. Richards Merrill & Peterson Inc. bought a new position in Philip Morris International during the fourth quarter worth about $28,000. Entrust Financial LLC bought a new position in Philip Morris International during the fourth quarter worth about $31,000. Measured Wealth Private Client Group LLC bought a new position in Philip Morris International during the third quarter worth about $32,000. Finally, FNY Investment Advisers LLC bought a new position in Philip Morris International during the third quarter worth about $33,000. Institutional investors own 78.63% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Morgan Stanley increased their target price on shares of Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 3rd. Stifel Nicolaus reduced 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. Needham & Company LLC reaffirmed a “buy” rating and set a $200.00 target price on shares of Philip Morris International in a report on Thursday, April 23rd. Finally, Barclays reaffirmed an “overweight” rating and set a $205.00 target price 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 given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $192.88.
Philip Morris International Trading Down 1.3%
Shares of PM opened at $181.94 on Tuesday. The company has a market cap of $283.57 billion, a PE ratio of 25.59, a price-to-earnings-growth ratio of 2.13 and a beta of 0.38. The stock has a 50-day moving average price of $173.09 and a 200-day moving average price of $170.10. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $193.05.
Philip Morris International (NYSE:PM – Get Free Report) last issued 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 firm had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The company’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter last year, the company posted $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. As a group, analysts predict that Philip Morris International Inc. will post 8.4 earnings per share for the current year.
Philip Morris International Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, July 20th. Stockholders of record on Thursday, June 25th will be given a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend 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 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.
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