SHP Wealth Management Buys New Position in Philip Morris International Inc. $PM

SHP Wealth Management purchased a new position in Philip Morris International Inc. (NYSE:PM) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 6,669 shares of the company’s stock, valued at approximately $1,070,000.

Several other large investors have also added to or reduced their stakes in PM. Portfolio Resources Advisor Group Inc. purchased a new position in Philip Morris International during the 4th quarter valued at $26,000. Dogwood Wealth Management LLC lifted its position in shares of Philip Morris International by 96.5% in the 3rd 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 period. Richards Merrill & Peterson Inc. bought a new stake in shares of Philip Morris International during the 4th quarter valued at about $28,000. Safe Harbor Fiduciary LLC bought a new stake in shares of Philip Morris International during the 4th quarter valued at about $29,000. Finally, Entrust Financial LLC purchased a new position in shares of Philip Morris International during the fourth quarter valued at about $31,000. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Performance

Shares of PM stock opened at $178.68 on Friday. The company has a market capitalization of $278.48 billion, a price-to-earnings ratio of 25.13, a price-to-earnings-growth ratio of 2.06 and a beta of 0.38. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $193.05. The company’s 50-day moving average is $174.79 and its 200 day moving average is $170.67.

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. 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 for the quarter, compared to analysts’ expectations of $9.95 billion. During the same period in the prior year, the firm posted $1.69 EPS. The firm’s quarterly 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. As a group, research analysts predict that Philip Morris International Inc. will post 8.4 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 20th. Investors of record on Thursday, June 25th will be given a dividend of $1.47 per share. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $5.88 annualized dividend and a dividend yield of 3.3%. Philip Morris International’s dividend payout ratio (DPR) is 82.70%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on PM shares. UBS Group decreased their price target 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. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Needham & Company LLC reissued a “buy” rating and issued a $200.00 target price on shares of Philip Morris International in a research report on Thursday, April 23rd. Stifel Nicolaus lowered their target price on Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research note on Friday, April 10th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Philip Morris International presently has an average rating of “Moderate Buy” and an average price target of $192.88.

Philip Morris International Company 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.