Jupiter Asset Management Ltd. Lowers Position in Philip Morris International Inc. $PM

Jupiter Asset Management Ltd. decreased its stake in Philip Morris International Inc. (NYSE:PM) by 58.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 199,848 shares of the company’s stock after selling 286,806 shares during the quarter. Jupiter Asset Management Ltd.’s holdings in Philip Morris International were worth $32,056,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Dogwood Wealth Management LLC grew its stake in shares of Philip Morris International by 96.5% during the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after acquiring an additional 82 shares during the period. Richards Merrill & Peterson Inc. bought a new position in shares of Philip Morris International in the fourth quarter worth approximately $28,000. Entrust Financial LLC purchased a new stake in shares of Philip Morris International in the fourth quarter worth $31,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Philip Morris International during the 3rd quarter valued at $32,000. Finally, FNY Investment Advisers LLC bought a new stake in shares of Philip Morris International during the 3rd quarter valued at $33,000. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Price Performance

Philip Morris International stock opened at $178.64 on Friday. The stock has a market cap of $278.42 billion, a P/E ratio of 25.12, a PEG ratio of 2.09 and a beta of 0.37. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $193.05. The firm’s 50 day moving average price is $169.46 and its 200-day moving average price is $168.16.

Philip Morris International (NYSE:PM) last released 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. The firm had revenue of $10.15 billion for the quarter, compared to analysts’ expectations of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.69 earnings per share. 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, equities analysts expect that Philip Morris International Inc. will post 8.45 EPS for the current year.

Philip Morris International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 13th. Stockholders of record on Thursday, March 19th were given a dividend of $1.47 per share. The ex-dividend date was Thursday, March 19th. This represents a $5.88 annualized dividend and a dividend yield of 3.3%. Philip Morris International’s dividend payout ratio (DPR) is presently 82.70%.

Analyst Ratings Changes

PM has been the subject of several recent analyst reports. UBS Group dropped their target price on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a report on Friday, April 17th. Bank of America restated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Needham & Company LLC reaffirmed a “buy” rating and issued a $200.00 price objective on shares of Philip Morris International in a research note on Thursday, April 23rd. Morgan Stanley decreased their target price on Philip Morris International from $205.00 to $190.00 and set an “overweight” rating on the stock in a research note on Friday, April 17th. Finally, Barclays reissued an “overweight” rating and issued a $205.00 price target on shares of Philip Morris International in a report on Monday, February 23rd. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $192.56.

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.