Zions Bancorporation National Association UT Grows Stock Position in Philip Morris International Inc. $PM

Zions Bancorporation National Association UT lifted its stake in shares of Philip Morris International Inc. (NYSE:PM) by 44.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,312 shares of the company’s stock after purchasing an additional 13,367 shares during the quarter. Zions Bancorporation National Association UT’s holdings in Philip Morris International were worth $6,947,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Outlook Wealth Advisors LLC raised its stake in shares of Philip Morris International by 4.6% during the fourth quarter. Outlook Wealth Advisors LLC now owns 1,320 shares of the company’s stock worth $212,000 after purchasing an additional 58 shares during the last quarter. Tranquility Partners LLC raised its position in Philip Morris International by 2.4% in the fourth quarter. Tranquility Partners LLC now owns 2,489 shares of the company’s stock worth $399,000 after acquiring an additional 59 shares in the last quarter. Stonebridge Financial Group LLC raised its position in Philip Morris International by 2.2% in the fourth quarter. Stonebridge Financial Group LLC now owns 2,763 shares of the company’s stock worth $443,000 after acquiring an additional 60 shares in the last quarter. Heritage Trust Co raised its position in Philip Morris International by 2.4% in the fourth quarter. Heritage Trust Co now owns 2,554 shares of the company’s stock worth $410,000 after acquiring an additional 60 shares in the last quarter. Finally, Capital Advisors Wealth Management LLC raised its position in Philip Morris International by 1.8% in the fourth quarter. Capital Advisors Wealth Management LLC now owns 3,372 shares of the company’s stock worth $541,000 after acquiring an additional 61 shares in the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Barclays reiterated an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a research report on Monday, February 23rd. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Needham & Company LLC reiterated a “buy” rating and issued a $200.00 price objective on shares of Philip Morris International in a research report on Thursday, April 23rd. UBS Group cut their price objective on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. Finally, Morgan Stanley increased their price objective on Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 3rd. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $192.88.

Philip Morris International Stock Up 2.5%

Shares of PM stock opened at $183.01 on Thursday. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $193.05. The stock has a market cap of $285.23 billion, a P/E ratio of 25.74, a P/E/G ratio of 2.06 and a beta of 0.38. The business has a fifty day simple moving average of $171.77 and a 200-day simple moving average of $169.52.

Philip Morris International (NYSE:PM) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $9.95 billion. During the same quarter last year, the business 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, sell-side analysts anticipate that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

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.