Americana Partners LLC Has $25.43 Million Holdings in Philip Morris International Inc. $PM

Americana Partners LLC increased its stake in shares of Philip Morris International Inc. (NYSE:PM) by 1.8% in the fourth quarter, Holdings Channel reports. The firm owned 158,553 shares of the company’s stock after buying an additional 2,759 shares during the quarter. Americana Partners LLC’s holdings in Philip Morris International were worth $25,432,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Dogwood Wealth Management LLC boosted its position in shares of Philip Morris International by 96.5% during 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 during the period. Richards Merrill & Peterson Inc. bought a new stake in Philip Morris International in the fourth quarter valued at approximately $28,000. Entrust Financial LLC acquired a new position in shares of Philip Morris International in the fourth quarter valued at approximately $31,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Philip Morris International in the third quarter valued at approximately $32,000. Finally, McIlrath & Eck LLC acquired a new position in shares of Philip Morris International in the second quarter valued at approximately $36,000. 78.63% of the stock is owned by institutional investors and hedge funds.

Philip Morris International Price Performance

Shares of PM stock opened at $189.26 on Friday. The company’s fifty day simple moving average is $168.71 and its two-hundred day simple moving average is $167.07. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $193.05. The stock has a market capitalization of $294.97 billion, a price-to-earnings ratio of 26.62, a PEG ratio of 2.17 and a beta of 0.37.

Philip Morris International (NYSE:PM) last released its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, topping the consensus estimate 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 firm posted $1.69 earnings per share. The business’s quarterly 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. Equities research analysts anticipate that Philip Morris International Inc. will post 8.45 EPS for the current year.

Philip Morris International Dividend Announcement

The company also recently announced 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. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Thursday, March 19th. Philip Morris International’s dividend payout ratio is currently 82.70%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on PM shares. Citigroup increased their price target on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Barclays reiterated an “overweight” rating and issued a $205.00 price target on shares of Philip Morris International in a research note on Monday, February 23rd. UBS Group dropped their price target on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a research note on Friday, April 17th. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a research report on Thursday. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $200.00 target price on shares of Philip Morris International in a research report on Thursday, April 23rd. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price 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.