National Pension Service Cuts Stake in Philip Morris International Inc. $PM

National Pension Service reduced its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 5.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,587,297 shares of the company’s stock after selling 223,217 shares during the period. National Pension Service’s holdings in Philip Morris International were worth $575,402,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Tranquility Partners LLC increased its stake in Philip Morris International by 2.4% during the 4th quarter. Tranquility Partners LLC now owns 2,489 shares of the company’s stock worth $399,000 after buying an additional 59 shares during the period. Stonebridge Financial Group LLC increased its stake in Philip Morris International by 2.2% during the 4th quarter. Stonebridge Financial Group LLC now owns 2,763 shares of the company’s stock worth $443,000 after buying an additional 60 shares during the period. Capital Advisors Wealth Management LLC increased its stake in Philip Morris International by 1.8% during the 4th quarter. Capital Advisors Wealth Management LLC now owns 3,372 shares of the company’s stock worth $541,000 after buying an additional 61 shares during the period. CFO4Life Group LLC increased its stake in Philip Morris International by 1.5% during the 4th quarter. CFO4Life Group LLC now owns 4,212 shares of the company’s stock worth $676,000 after buying an additional 61 shares during the period. Finally, Townsend Asset Management Corp NC ADV increased its stake in Philip Morris International by 2.4% during the 4th quarter. Townsend Asset Management Corp NC ADV now owns 2,662 shares of the company’s stock worth $427,000 after buying an additional 62 shares during the period. 78.63% of the stock is owned by hedge funds and other institutional investors.

Philip Morris International Stock Down 1.9%

NYSE PM opened at $178.64 on Friday. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $193.05. The stock has a market capitalization of $278.42 billion, a PE ratio of 25.12, a price-to-earnings-growth ratio of 2.09 and a beta of 0.37. The firm has a 50 day moving average of $169.46 and a two-hundred day moving average of $168.16.

Philip Morris International (NYSE:PM) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.83 by $0.13. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The company had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. During the same quarter in the previous year, the business posted $1.69 EPS. The firm’s 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. On average, equities research analysts expect that Philip Morris International Inc. will post 8.45 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 13th. Stockholders of record on Thursday, March 19th were issued a $1.47 dividend. 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 is presently 82.70%.

Wall Street Analyst Weigh In

Several research analysts have commented on PM shares. Morgan Stanley lowered their price target on shares of Philip Morris International from $205.00 to $190.00 and set an “overweight” rating for the company in a report on Friday, April 17th. Needham & Company LLC reiterated a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a report on Thursday, April 23rd. UBS Group lowered 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 report on Friday, April 17th. Citigroup boosted their price target on shares of Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Philip Morris International has an average rating of “Moderate Buy” and an average price target of $192.56.

About Philip Morris International

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.