Philip Morris International Inc. $PM Stock Holdings Decreased by Verus Capital Partners LLC

Verus Capital Partners LLC cut its stake in shares of Philip Morris International Inc. (NYSE:PM) by 43.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 4,163 shares of the company’s stock after selling 3,169 shares during the period. Verus Capital Partners LLC’s holdings in Philip Morris International were worth $668,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PM. Capital Research Global Investors grew its position in Philip Morris International by 7.2% during the third quarter. Capital Research Global Investors now owns 43,546,533 shares of the company’s stock valued at $7,063,263,000 after purchasing an additional 2,911,835 shares in the last quarter. Capital World Investors boosted its holdings in shares of Philip Morris International by 2.2% during the 3rd quarter. Capital World Investors now owns 128,776,327 shares of the company’s stock worth $20,887,743,000 after buying an additional 2,714,674 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in shares of Philip Morris International by 36.3% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 9,301,112 shares of the company’s stock worth $1,491,898,000 after buying an additional 2,475,204 shares during the period. SG Americas Securities LLC boosted its holdings in shares of Philip Morris International by 1,547.2% during the 4th quarter. SG Americas Securities LLC now owns 2,260,217 shares of the company’s stock worth $362,539,000 after buying an additional 2,123,002 shares during the period. Finally, Lone Pine Capital LLC boosted its holdings in shares of Philip Morris International by 67.3% during the 3rd quarter. Lone Pine Capital LLC now owns 4,614,443 shares of the company’s stock worth $748,463,000 after buying an additional 1,856,749 shares during the period. 78.63% of the stock is owned by hedge funds and other institutional investors.

Philip Morris International Stock Down 0.5%

Shares of Philip Morris International stock opened at $175.05 on Friday. The stock has a market capitalization of $272.82 billion, a P/E ratio of 24.62, a price-to-earnings-growth ratio of 2.03 and a beta of 0.38. The company has a 50-day simple moving average of $170.57 and a 200 day simple moving average of $168.84. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $193.05.

Philip Morris International (NYSE:PM) last announced its earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.13. The business had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter last year, the company posted $1.69 EPS. 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, equities analysts anticipate that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $200.00 price objective on shares of Philip Morris International in a report on Thursday, April 23rd. 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. Barclays reaffirmed an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. Morgan Stanley upped their price objective on shares of Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday. Finally, UBS Group decreased 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. 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.com, Philip Morris International presently has an average rating of “Moderate Buy” and a consensus price target of $192.88.

Philip Morris International 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.