Tandem Financial LLC Boosts Stock Position in Philip Morris International Inc. $PM

Tandem Financial LLC lifted its position in shares of Philip Morris International Inc. (NYSE:PM) by 25.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,838 shares of the company’s stock after purchasing an additional 3,600 shares during the period. Philip Morris International accounts for approximately 2.8% of Tandem Financial LLC’s portfolio, making the stock its 11th largest position. Tandem Financial LLC’s holdings in Philip Morris International were worth $2,861,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of PM. Brighton Jones LLC lifted its holdings in Philip Morris International by 31.1% in the fourth quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after buying an additional 2,023 shares during the period. Revolve Wealth Partners LLC lifted its holdings in Philip Morris International by 4.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock worth $252,000 after buying an additional 91 shares during the period. Sivia Capital Partners LLC lifted its holdings in Philip Morris International by 53.7% in the second quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company’s stock worth $1,027,000 after buying an additional 1,970 shares during the period. Jump Financial LLC purchased a new stake in Philip Morris International in the second quarter worth about $2,454,000. Finally, Osterweis Capital Management Inc. lifted its holdings in Philip Morris International by 2,280.0% in the second quarter. Osterweis Capital Management Inc. now owns 357 shares of the company’s stock worth $65,000 after buying an additional 342 shares during the period. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Philip Morris International Stock Performance

Shares of NYSE PM opened at $172.45 on Tuesday. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $193.05. The company has a 50 day simple moving average of $169.88 and a two-hundred day simple moving average of $168.43. The company has a market capitalization of $268.77 billion, a price-to-earnings ratio of 24.25, a P/E/G ratio of 2.04 and a beta of 0.37.

Philip Morris International (NYSE:PM) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $10.15 billion for the quarter, compared to analysts’ expectations of $9.95 billion. During the same quarter in the prior year, the company posted $1.69 earnings per share. The business’s revenue for the quarter 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, analysts forecast that Philip Morris International Inc. will post 8.45 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, April 13th. Stockholders of record on Thursday, March 19th were issued a dividend of $1.47 per share. The ex-dividend date was Thursday, March 19th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.4%. Philip Morris International’s dividend payout ratio is presently 82.70%.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Barclays restated an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. UBS Group lowered their price objective 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 raised their target price on shares of Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Needham & Company LLC reaffirmed a “buy” rating and set a $200.00 target price on shares of Philip Morris International in a research note on Thursday, April 23rd. Finally, Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus 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.