Smith Salley Wealth Management Has $2.52 Million Stock Holdings in Philip Morris International Inc. $PM

Smith Salley Wealth Management increased its stake in shares of Philip Morris International Inc. (NYSE:PM) by 249.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 15,246 shares of the company’s stock after buying an additional 10,889 shares during the period. Smith Salley Wealth Management’s holdings in Philip Morris International were worth $2,521,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of PM. AG Campbell Advisory LLC acquired a new stake in Philip Morris International during the fourth quarter worth approximately $25,000. Portfolio Resources Advisor Group Inc. bought a new stake in shares of Philip Morris International during the fourth quarter worth approximately $26,000. Dogwood Wealth Management LLC grew its position 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 valued at $27,000 after purchasing an additional 82 shares during the last quarter. Richards Merrill & Peterson Inc. acquired a new position in shares of Philip Morris International in the fourth quarter valued at approximately $28,000. Finally, Safe Harbor Fiduciary LLC bought a new position in shares of Philip Morris International during the fourth quarter worth approximately $29,000. Institutional investors and hedge funds own 78.63% of the company’s stock.

Philip Morris International Trading Up 0.2%

NYSE PM opened at $178.68 on Monday. The company has a market cap of $278.48 billion, a price-to-earnings ratio of 25.13, a PEG ratio of 2.06 and a beta of 0.38. The company has a 50 day moving average of $174.79 and a 200-day moving average of $170.77. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $193.05.

Philip Morris International (NYSE:PM) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $9.95 billion. During the same quarter in the prior year, the business posted $1.69 earnings per share. The firm’s quarterly revenue 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. On average, equities research analysts forecast that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

Philip Morris International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 20th. Stockholders of record on Thursday, June 25th will be given a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Thursday, June 25th. Philip Morris International’s dividend payout ratio is presently 82.70%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. UBS Group lowered their price objective on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a research report on Friday, April 17th. Stifel Nicolaus dropped their target price on Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a report on Friday, April 10th. Barclays reissued an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a research report on Monday, February 23rd. Finally, Bank of America restated a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Philip Morris International presently has an average rating of “Moderate Buy” and a consensus price target of $192.88.

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.