Janus Henderson Group PLC Grows Stake in Philip Morris International Inc. $PM

Janus Henderson Group PLC increased its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 60.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,460,062 shares of the company’s stock after purchasing an additional 1,687,758 shares during the quarter. Janus Henderson Group PLC owned approximately 0.29% of Philip Morris International worth $715,402,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Portfolio Resources Advisor Group Inc. purchased a new stake in shares of Philip Morris International during the fourth quarter worth about $26,000. Dogwood Wealth Management LLC grew 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 purchasing an additional 82 shares in the last quarter. Richards Merrill & Peterson Inc. purchased a new stake in shares of Philip Morris International during the fourth quarter worth about $28,000. Entrust Financial LLC bought a new position in Philip Morris International during the fourth quarter valued at approximately $31,000. Finally, Measured Wealth Private Client Group LLC bought a new position in Philip Morris International during the third quarter valued at approximately $32,000. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Price Performance

NYSE:PM opened at $179.43 on Thursday. The firm has a market capitalization of $279.64 billion, a price-to-earnings ratio of 25.24, a PEG ratio of 2.13 and a beta of 0.38. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $193.05. The business has a 50 day simple moving average of $174.01 and a 200-day simple moving average of $170.46.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.13. The business had revenue of $10.15 billion during the quarter, compared to analyst estimates 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 for the quarter was up 9.1% on a year-over-year basis. During the same period last year, the company earned $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. As a group, analysts expect that Philip Morris International Inc. will post 8.4 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 20th. Stockholders of record on Thursday, June 25th will be issued a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Thursday, June 25th. Philip Morris International’s dividend payout ratio is presently 82.70%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on PM shares. Bank of America reissued a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Needham & Company LLC reissued a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a research note on Thursday, April 23rd. Barclays reissued an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a research note on Monday, February 23rd. Stifel Nicolaus dropped their price target on 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. Finally, 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. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Philip Morris International has an average rating of “Moderate Buy” and an average 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.