O Domhnaill Enterprises Inc. Lowers Stock Holdings in Philip Morris International Inc. $PM

O Domhnaill Enterprises Inc. lowered its stake in shares of Philip Morris International Inc. (NYSE:PMFree Report) by 9.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 28,347 shares of the company’s stock after selling 3,034 shares during the quarter. Philip Morris International makes up approximately 3.8% of O Domhnaill Enterprises Inc.’s holdings, making the stock its 5th biggest holding. O Domhnaill Enterprises Inc.’s holdings in Philip Morris International were worth $4,687,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PM. AG Campbell Advisory LLC acquired a new position in shares of Philip Morris International during the 4th quarter worth about $25,000. Portfolio Resources Advisor Group Inc. bought a new stake in Philip Morris International in the 4th quarter valued at about $26,000. Richards Merrill & Peterson Inc. bought a new position in shares of Philip Morris International in the fourth quarter worth $28,000. Safe Harbor Fiduciary LLC acquired a new position in shares of Philip Morris International in the 4th quarter valued at approximately $29,000. Finally, Vermillion Wealth Management Inc. lifted its position in shares of Philip Morris International by 146.5% during the 1st quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock worth $29,000 after buying an additional 104 shares during the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

PM has been the topic of several recent analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. UBS Group upped their target price on shares of Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a research note on Thursday, July 2nd. Stifel Nicolaus lowered their price objective on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Morgan Stanley boosted their price target on shares of Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, June 3rd. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $200.00 target price on shares of Philip Morris International in a research note on Thursday, April 23rd. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $194.62.

Read Our Latest Research Report on Philip Morris International

Philip Morris International Stock Up 1.8%

Philip Morris International stock traded up $3.41 during midday trading on Tuesday, reaching $188.17. The stock had a trading volume of 601,147 shares, compared to its average volume of 5,133,595. The firm has a market cap of $293.28 billion, a price-to-earnings ratio of 26.53, a price-to-earnings-growth ratio of 2.14 and a beta of 0.38. The company has a fifty day moving average of $178.93 and a 200 day moving average of $172.77. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $193.05.

Philip Morris International (NYSE:PMGet Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $9.95 billion. During the same quarter in the prior year, the company posted $1.69 earnings per share. The company’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 predict that Philip Morris International Inc. will post 8.39 EPS for the current year.

Philip Morris International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 20th. Stockholders of record on Thursday, June 25th will be issued a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Thursday, June 25th. Philip Morris International’s dividend payout ratio (DPR) is presently 82.70%.

Philip Morris International 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.

See Also

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

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