Philip Morris International Inc. $PM Shares Acquired by Staley Capital Advisers Inc.

Staley Capital Advisers Inc. increased its holdings in Philip Morris International Inc. (NYSE:PM) by 4.2% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 106,754 shares of the company’s stock after buying an additional 4,272 shares during the period. Staley Capital Advisers Inc.’s holdings in Philip Morris International were worth $17,651,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Schroder Investment Management Group grew its stake in Philip Morris International by 10.2% in the 3rd quarter. Schroder Investment Management Group now owns 302,173 shares of the company’s stock worth $49,251,000 after acquiring an additional 27,979 shares during the period. Assetmark Inc. lifted its stake in shares of Philip Morris International by 22.2% during the 4th quarter. Assetmark Inc. now owns 630,583 shares of the company’s stock worth $101,146,000 after purchasing an additional 114,618 shares during the period. Global Retirement Partners LLC boosted its holdings in shares of Philip Morris International by 40.3% during the fourth quarter. Global Retirement Partners LLC now owns 67,177 shares of the company’s stock worth $10,775,000 after purchasing an additional 19,309 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Philip Morris International by 7.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 592,681 shares of the company’s stock worth $91,840,000 after purchasing an additional 43,200 shares during the last quarter. Finally, World Investment Advisors grew its position in shares of Philip Morris International by 42.5% in the fourth quarter. World Investment Advisors now owns 115,267 shares of the company’s stock valued at $18,489,000 after purchasing an additional 34,392 shares during the period. 78.63% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

PM has been the subject of several analyst reports. Bank of America reiterated 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 issued a $200.00 price target on shares of Philip Morris International in a research note on Thursday, April 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. UBS Group upped their price objective on shares of Philip Morris International from $168.00 to $182.00 and gave the company a “neutral” rating in a research note on Thursday, July 2nd. Finally, Morgan Stanley increased 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, June 3rd. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $194.62.

Philip Morris International Stock Down 0.3%

PM stock opened at $187.31 on Thursday. The company has a market cap of $291.93 billion, a price-to-earnings ratio of 26.34, a PEG ratio of 2.21 and a beta of 0.38. The business has a fifty day simple moving average of $180.23 and a 200-day simple moving average of $173.37. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $193.05.

Philip Morris International (NYSE:PM) last issued its earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The firm had revenue of $10.15 billion for the quarter, compared to analysts’ expectations of $9.95 billion. During the same quarter last year, the firm earned $1.69 earnings per share. The firm’s revenue for the quarter 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. As a group, analysts expect that Philip Morris International Inc. will post 8.39 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 20th. Stockholders of record on Thursday, June 25th will be paid a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Thursday, June 25th. Philip Morris International’s payout ratio is currently 82.70%.

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.