Mediolanum International Funds Ltd Has $25.87 Million Stock Holdings in Philip Morris International Inc. $PM

Mediolanum International Funds Ltd lifted its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 27.1% in the first quarter, according to its most recent filing with the SEC. The firm owned 156,933 shares of the company’s stock after acquiring an additional 33,469 shares during the period. Mediolanum International Funds Ltd’s holdings in Philip Morris International were worth $25,867,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in PM. AG Campbell Advisory LLC bought a new stake in shares of Philip Morris International in the 4th quarter valued at approximately $25,000. Portfolio Resources Advisor Group Inc. acquired a new position in shares of Philip Morris International in the 4th quarter worth approximately $26,000. 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 period. Richards Merrill & Peterson Inc. bought a new position in shares of Philip Morris International during the 4th quarter worth approximately $28,000. Finally, Safe Harbor Fiduciary LLC acquired a new stake in Philip Morris International in the 4th quarter valued at $29,000. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

PM has been the topic of a number of analyst reports. Morgan Stanley upped their price target on Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, June 3rd. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. UBS Group boosted their target price on shares of Philip Morris International from $168.00 to $182.00 and gave the company a “neutral” rating in a research note on Thursday, July 2nd. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Finally, Needham & Company LLC reiterated a “buy” rating and set a $200.00 target price on shares of Philip Morris International in a research report on Thursday, April 23rd. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $194.62.

Philip Morris International Price Performance

Shares of PM opened at $192.72 on Friday. The company has a market capitalization of $300.37 billion, a P/E ratio of 27.11, a PEG ratio of 2.28 and a beta of 0.38. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $194.62. The business’s 50 day simple moving average is $182.37 and its 200-day simple moving average is $174.38.

Philip Morris International (NYSE:PM) last released its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, beating 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 firm had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. During the same period last year, the firm posted $1.69 EPS. The business’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. On average, sell-side analysts anticipate that Philip Morris International Inc. will post 8.37 EPS for the current fiscal year.

Philip Morris International Announces Dividend

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

About Philip Morris International

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.