Xponance LLC Acquires 13,521 Shares of Philip Morris International Inc. $PM

Xponance LLC increased its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 6.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 234,492 shares of the company’s stock after acquiring an additional 13,521 shares during the period. Xponance LLC’s holdings in Philip Morris International were worth $37,613,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of PM. Dogwood Wealth Management LLC lifted its stake 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 worth $27,000 after buying an additional 82 shares in the last quarter. Richards Merrill & Peterson Inc. bought a new position in shares of Philip Morris International in the fourth quarter worth approximately $28,000. Entrust Financial LLC bought a new position in shares of Philip Morris International in the fourth quarter worth approximately $31,000. Measured Wealth Private Client Group LLC bought a new position in shares of Philip Morris International in the third quarter worth approximately $32,000. Finally, FNY Investment Advisers LLC bought a new position in shares of Philip Morris International in the third quarter worth approximately $33,000. Institutional investors own 78.63% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Philip Morris International Trading Down 1.1%

Shares of PM stock opened at $180.94 on Friday. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $193.05. The stock has a market cap of $282.00 billion, a P/E ratio of 25.45, a P/E/G ratio of 2.11 and a beta of 0.38. The company has a 50 day simple moving average of $172.08 and a two-hundred day simple moving average of $169.70.

Philip Morris International (NYSE:PM) last announced its 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 business had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. During the same period in the prior year, the company earned $1.69 earnings per share. 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. As a group, equities analysts forecast that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

Philip Morris International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 20th. Shareholders of record on Thursday, June 25th will be issued a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Thursday, June 25th. Philip Morris International’s dividend payout ratio is currently 82.70%.

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.