J.Safra Asset Management Corp Has $1.51 Million Stake in Philip Morris International Inc. $PM

J.Safra Asset Management Corp increased its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 66.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 9,389 shares of the company’s stock after purchasing an additional 3,753 shares during the quarter. J.Safra Asset Management Corp’s holdings in Philip Morris International were worth $1,507,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of PM. Dogwood Wealth Management LLC grew its holdings in Philip Morris International by 96.5% during the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $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 4th quarter worth $28,000. Entrust Financial LLC acquired a new stake in shares of Philip Morris International during the fourth quarter worth $31,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Philip Morris International during the third quarter worth $32,000. Finally, FNY Investment Advisers LLC bought a new stake in Philip Morris International in the third quarter valued at about $33,000. 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 a number of recent analyst reports. Needham & Company LLC restated a “buy” rating and set a $200.00 target price on shares of Philip Morris International in a report on Thursday, April 23rd. Bank of America reissued a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. UBS Group lowered 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 research note on Friday, April 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Finally, 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 report on Wednesday, June 3rd. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Philip Morris International currently has an average rating of “Moderate Buy” and an average target price of $192.88.

Philip Morris International Stock Up 2.5%

Shares of PM stock opened at $183.01 on Thursday. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $193.05. The firm has a fifty day moving average of $171.77 and a 200-day moving average of $169.52. The company has a market capitalization of $285.23 billion, a price-to-earnings ratio of 25.74, a P/E/G ratio of 2.06 and a beta of 0.38.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating the consensus estimate of $1.83 by $0.13. The business 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 firm’s revenue was up 9.1% compared to the same quarter last year. During the same period in the previous year, the firm 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. On average, equities analysts expect that Philip Morris International Inc. will post 8.4 EPS for the current year.

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.