Metis Global Partners LLC Trims Position in Philip Morris International Inc. $PM

Metis Global Partners LLC lessened its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 6.0% during the fourth quarter, HoldingsChannel reports. The firm owned 48,670 shares of the company’s stock after selling 3,097 shares during the quarter. Metis Global Partners LLC’s holdings in Philip Morris International were worth $7,807,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in PM. Brighton Jones LLC increased its holdings in shares of Philip Morris International by 31.1% during the 4th quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after buying an additional 2,023 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Philip Morris International by 4.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock worth $252,000 after buying an additional 91 shares during the last quarter. Sivia Capital Partners LLC increased its holdings in shares of Philip Morris International by 53.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company’s stock worth $1,027,000 after buying an additional 1,970 shares during the last quarter. Jump Financial LLC acquired a new stake in shares of Philip Morris International during the 2nd quarter worth $2,454,000. Finally, Osterweis Capital Management Inc. increased its holdings in shares of Philip Morris International by 2,280.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 357 shares of the company’s stock worth $65,000 after buying an additional 342 shares during the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Trading Up 2.5%

Shares of NYSE PM opened at $183.01 on Thursday. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $193.05. The company 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 stock has a fifty day moving average price of $171.77 and a 200 day moving average price of $169.52.

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

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on PM. Morgan Stanley upped their price objective on Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, June 3rd. Needham & Company LLC restated 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 dropped their price objective on 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 restated an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus 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.