Los Angeles Capital Management LLC Has $92.15 Million Holdings in Philip Morris International Inc. $PM

Los Angeles Capital Management LLC reduced its stake in shares of Philip Morris International Inc. (NYSE:PM) by 19.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 574,472 shares of the company’s stock after selling 138,877 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Philip Morris International were worth $92,145,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in Philip Morris International by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 145,262,397 shares of the company’s stock valued at $23,300,088,000 after purchasing an additional 1,793,949 shares during the last quarter. Capital World Investors raised its stake in Philip Morris International by 2.2% during the 3rd quarter. Capital World Investors now owns 128,776,327 shares of the company’s stock valued at $20,887,743,000 after purchasing an additional 2,714,674 shares during the last quarter. Capital International Investors raised its stake in Philip Morris International by 1.0% during the 3rd quarter. Capital International Investors now owns 89,150,871 shares of the company’s stock valued at $14,461,220,000 after purchasing an additional 882,885 shares during the last quarter. Capital Research Global Investors raised its stake in Philip Morris International by 7.2% during the 3rd 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 during the last quarter. Finally, Northern Trust Corp raised its stake in Philip Morris International by 2.8% during the 3rd quarter. Northern Trust Corp now owns 14,701,879 shares of the company’s stock valued at $2,384,645,000 after purchasing an additional 401,381 shares during the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Stock Performance

Shares of PM stock opened at $178.66 on Friday. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $193.05. The stock has a market cap of $278.45 billion, a price-to-earnings ratio of 25.13, a P/E/G ratio of 2.06 and a beta of 0.38. The firm has a fifty day moving average of $170.84 and a 200-day moving average of $168.91.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share (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 company had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. During the same quarter in the prior year, the company posted $1.69 EPS. The business’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. On average, sell-side analysts predict that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

Wall Street Analysts Forecast Growth

PM has been the subject of a number of recent research reports. Barclays restated an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a research note on Monday, February 23rd. Morgan Stanley increased their price objective on shares of Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday. Stifel Nicolaus dropped 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 research note on Friday, April 10th. UBS Group dropped 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 research note on Friday, April 17th. Finally, Needham & Company LLC restated a “buy” rating and issued a $200.00 price objective on shares of Philip Morris International in a research note on Thursday, April 23rd. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Philip Morris International currently has a consensus rating of “Moderate Buy” and an average target price of $192.88.

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.