HB Wealth Management LLC Acquires 7,649 Shares of Philip Morris International Inc. $PM

HB Wealth Management LLC lifted its holdings in Philip Morris International Inc. (NYSE:PM) by 8.0% in the 1st quarter, Holdings Channel.com reports. The firm owned 102,958 shares of the company’s stock after buying an additional 7,649 shares during the quarter. HB Wealth Management LLC’s holdings in Philip Morris International were worth $17,023,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of PM. Capital International Investors lifted its stake in Philip Morris International by 13.7% in the fourth quarter. Capital International Investors now owns 101,377,875 shares of the company’s stock valued at $16,262,967,000 after buying an additional 12,227,004 shares in the last quarter. Capital Research Global Investors increased its position in shares of Philip Morris International by 25.3% during the fourth quarter. Capital Research Global Investors now owns 54,559,706 shares of the company’s stock worth $8,751,407,000 after acquiring an additional 11,013,173 shares in the last quarter. Capital World Investors increased its position in shares of Philip Morris International by 2.8% during the fourth quarter. Capital World Investors now owns 132,355,726 shares of the company’s stock worth $21,230,315,000 after acquiring an additional 3,579,399 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Philip Morris International by 36.3% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 9,301,112 shares of the company’s stock worth $1,491,898,000 after acquiring an additional 2,475,204 shares during the period. Finally, SG Americas Securities LLC raised its holdings in shares of Philip Morris International by 1,547.2% during the fourth quarter. SG Americas Securities LLC now owns 2,260,217 shares of the company’s stock worth $362,539,000 after acquiring an additional 2,123,002 shares during the period. 78.63% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Morgan Stanley increased their target price on Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, June 3rd. UBS Group boosted their price target on Philip Morris International from $168.00 to $182.00 and gave the company a “neutral” rating in a report on Thursday. Stifel Nicolaus reduced their price objective on Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Finally, 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. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Philip Morris International has an average rating of “Moderate Buy” and an average target price of $194.62.

Philip Morris International Stock Up 0.1%

PM stock opened at $182.52 on Friday. The business has a 50 day moving average price of $178.93 and a two-hundred day moving average price of $172.67. The company has a market cap of $284.47 billion, a price-to-earnings ratio of 25.67, a P/E/G ratio of 2.14 and a beta of 0.38. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $193.05.

Philip Morris International (NYSE:PM) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.13. The company had revenue of $10.15 billion for the quarter, compared to analyst estimates of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. Philip Morris International’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period in the previous year, the business earned $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 research analysts anticipate that Philip Morris International Inc. will post 8.39 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 paid 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 currently 82.70%.

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.