Wealthcare Advisory Partners LLC Raises Position in Philip Morris International Inc. $PM

Wealthcare Advisory Partners LLC lifted its holdings in shares of Philip Morris International Inc. (NYSE:PMFree Report) by 17.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 20,317 shares of the company’s stock after acquiring an additional 2,946 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Philip Morris International were worth $3,295,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Legacy Investment Solutions LLC purchased a new position in shares of Philip Morris International during the 2nd quarter worth about $25,000. Traub Capital Management LLC acquired a new position in Philip Morris International during the second quarter worth approximately $25,000. Marquette Asset Management LLC increased its position in Philip Morris International by 1,677.8% during the third quarter. Marquette Asset Management LLC now owns 160 shares of the company’s stock worth $26,000 after purchasing an additional 151 shares during the last quarter. Briaud Financial Planning Inc raised its stake in Philip Morris International by 266.7% during the second quarter. Briaud Financial Planning Inc now owns 165 shares of the company’s stock worth $30,000 after purchasing an additional 120 shares during the period. Finally, Estabrook Capital Management acquired a new position in shares of Philip Morris International in the 2nd quarter valued at $30,000. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on PM shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research report on Thursday, January 22nd. Citigroup upped their price target on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Morgan Stanley reaffirmed an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a research note on Monday, February 9th. Stifel Nicolaus set a $200.00 target price on shares of Philip Morris International in a research report on Monday, February 9th. Finally, Needham & Company LLC raised their price target on shares of Philip Morris International from $190.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Eleven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Philip Morris International has an average rating of “Moderate Buy” and a consensus price target of $194.06.

Get Our Latest Stock Report on PM

Philip Morris International Trading Down 1.8%

NYSE PM opened at $184.20 on Wednesday. The stock has a market cap of $286.74 billion, a P/E ratio of 25.34, a PEG ratio of 2.14 and a beta of 0.39. The company’s fifty day simple moving average is $168.80 and its 200-day simple moving average is $162.66. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $190.98.

Philip Morris International (NYSE:PMGet Free Report) last released its quarterly earnings results on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.70. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The firm had revenue of $10.36 billion for the quarter, compared to the consensus estimate of $10.40 billion. During the same quarter in the previous year, the firm posted $1.55 EPS. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. Philip Morris International has set its Q1 2026 guidance at 1.800-1.850 EPS and its FY 2026 guidance at 8.380-8.530 EPS. On average, research analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Friday, December 26th were paid a $1.47 dividend. The ex-dividend date was Friday, December 26th. This represents a $5.88 annualized dividend and a dividend yield of 3.2%. Philip Morris International’s payout ratio is 80.88%.

Philip Morris International Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Philip Morris International (NYSE:PM)

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