Sargent Investment Group LLC Purchases Shares of 3,756 Philip Morris International Inc. $PM

Sargent Investment Group LLC bought a new position in Philip Morris International Inc. (NYSE:PMFree Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,756 shares of the company’s stock, valued at approximately $602,000.

Several other large investors have also recently made changes to their positions in PM. Dogwood Wealth Management LLC increased its holdings in shares of Philip Morris International by 96.5% in 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 last quarter. Richards Merrill & Peterson Inc. bought a new stake in shares of Philip Morris International in the fourth quarter worth about $28,000. Entrust Financial LLC bought a new stake in shares of Philip Morris International in the fourth quarter worth about $31,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Philip Morris International in the third quarter worth about $32,000. Finally, FNY Investment Advisers LLC bought a new stake in shares of Philip Morris International in the third quarter worth about $33,000. 78.63% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Stifel Nicolaus reduced their target price on Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Barclays reaffirmed an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a report on Monday, February 23rd. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Finally, Morgan Stanley boosted their price objective on Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 3rd. Ten investment 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 has a consensus rating of “Moderate Buy” and a consensus target price of $192.88.

Get Our Latest Analysis on PM

Philip Morris International Price Performance

Shares of NYSE:PM opened at $181.94 on Tuesday. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $193.05. The business has a 50 day simple moving average of $173.09 and a two-hundred day simple moving average of $170.10. The firm has a market capitalization 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.

Philip Morris International (NYSE:PMGet Free Report) last announced its earnings results 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 negative return on equity of 142.02% and a net margin of 11.61%.The business had revenue of $10.15 billion during the quarter, compared to analyst estimates of $9.95 billion. During the same quarter in the previous year, the business earned $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 expect that Philip Morris International Inc. will post 8.4 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. Shareholders of record on Thursday, June 25th will be given a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Thursday, June 25th. Philip Morris International’s payout ratio is 82.70%.

About Philip Morris International

(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

Want to see what other hedge funds are holding PM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Philip Morris International Inc. (NYSE:PMFree Report).

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

Receive News & Ratings for Philip Morris International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Philip Morris International and related companies with MarketBeat.com's FREE daily email newsletter.