University of Texas Texas AM Investment Management Co. Sells 17,172 Shares of Philip Morris International Inc. $PM

University of Texas Texas AM Investment Management Co. decreased its position in Philip Morris International Inc. (NYSE:PM) by 96.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 652 shares of the company’s stock after selling 17,172 shares during the quarter. University of Texas Texas AM Investment Management Co.’s holdings in Philip Morris International were worth $105,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Resurgent Financial Advisors LLC raised its position in shares of Philip Morris International by 3.7% in the fourth quarter. Resurgent Financial Advisors LLC now owns 1,523 shares of the company’s stock valued at $244,000 after purchasing an additional 54 shares during the period. Douglass Winthrop Advisors LLC raised its position in shares of Philip Morris International by 0.3% in the fourth quarter. Douglass Winthrop Advisors LLC now owns 18,344 shares of the company’s stock valued at $2,942,000 after purchasing an additional 56 shares during the period. Outlook Wealth Advisors LLC raised its position in shares of Philip Morris International by 4.6% in the fourth quarter. Outlook Wealth Advisors LLC now owns 1,320 shares of the company’s stock valued at $212,000 after purchasing an additional 58 shares during the period. Tranquility Partners LLC raised its position in shares of Philip Morris International by 2.4% in the fourth quarter. Tranquility Partners LLC now owns 2,489 shares of the company’s stock valued at $399,000 after purchasing an additional 59 shares during the period. Finally, Stonebridge Financial Group LLC raised its position in shares of Philip Morris International by 2.2% in the fourth quarter. Stonebridge Financial Group LLC now owns 2,763 shares of the company’s stock valued at $443,000 after purchasing an additional 60 shares during the period. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Trading Up 1.4%

Shares of PM stock opened at $184.32 on Wednesday. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $193.05. The firm’s fifty day simple moving average is $173.62 and its 200 day simple moving average is $170.30. The firm has a market capitalization of $287.27 billion, a P/E ratio of 25.92, a price-to-earnings-growth ratio of 2.10 and a beta of 0.38.

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. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The business had revenue of $10.15 billion for the quarter, compared to analyst estimates of $9.95 billion. During the same quarter in the previous year, the firm posted $1.69 earnings per share. Philip Morris International’s revenue was up 9.1% compared to the same quarter last year. 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 8.4 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, July 20th. Investors of record on Thursday, June 25th will be given a dividend of $1.47 per share. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a yield of 3.2%. Philip Morris International’s payout ratio is 82.70%.

Analyst Ratings Changes

PM has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Morgan Stanley lifted their price target on shares of Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, June 3rd. Stifel Nicolaus dropped their price target on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. UBS Group dropped their price target on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a research report on Friday, April 17th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $200.00 price target on shares of Philip Morris International in a research report on Thursday, April 23rd. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Philip Morris International currently has a consensus rating of “Moderate Buy” and a consensus target price of $192.88.

Philip Morris International Company 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.