Denali Advisors LLC Lowers Holdings in Philip Morris International Inc. $PM

Denali Advisors LLC reduced its stake in Philip Morris International Inc. (NYSE:PM) by 38.4% during the third quarter, HoldingsChannel reports. The fund owned 14,310 shares of the company’s stock after selling 8,937 shares during the period. Denali Advisors LLC’s holdings in Philip Morris International were worth $2,321,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of PM. Brighton Jones LLC raised its holdings in Philip Morris International by 31.1% in the fourth 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 position in shares of Philip Morris International by 4.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock valued at $252,000 after acquiring an additional 91 shares in the last quarter. Sivia Capital Partners LLC raised its holdings in Philip Morris International by 53.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company’s stock worth $1,027,000 after acquiring an additional 1,970 shares during the last quarter. Aspiriant LLC boosted its stake in Philip Morris International by 22.7% during the 2nd quarter. Aspiriant LLC now owns 2,211 shares of the company’s stock valued at $403,000 after purchasing an additional 409 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC boosted its stake in Philip Morris International by 1.6% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 10,662 shares of the company’s stock valued at $1,942,000 after purchasing an additional 169 shares during the last quarter. 78.63% of the stock is currently owned by institutional investors.

Philip Morris International Stock Performance

Shares of NYSE:PM opened at $187.35 on Monday. The stock’s 50-day simple moving average is $167.34 and its two-hundred day simple moving average is $162.35. The stock has a market capitalization of $291.64 billion, a price-to-earnings ratio of 25.77, a PEG ratio of 2.14 and a beta of 0.39. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $190.98.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, hitting the consensus estimate of $1.70. The firm had revenue of $10.36 billion for the quarter, compared to analysts’ expectations of $10.40 billion. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.55 EPS. Philip Morris International has set its Q1 2026 guidance at 1.800-1.850 EPS and its FY 2026 guidance at 8.380-8.530 EPS. As a group, equities analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Friday, December 26th were given a dividend of $1.47 per share. The ex-dividend date of this dividend was Friday, December 26th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.1%. Philip Morris International’s payout ratio is presently 80.88%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Jefferies Financial Group cut Philip Morris International from a “buy” rating to a “hold” rating and decreased their price target for the stock from $220.00 to $180.00 in a research note on Tuesday, January 20th. JPMorgan Chase & Co. decreased their target price on Philip Morris International from $190.00 to $185.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research note on Thursday, January 22nd. Citigroup lifted their price target on shares of Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Finally, Stifel Nicolaus set a $200.00 price objective on shares of Philip Morris International in a research report on Monday, February 9th. Eleven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $194.06.

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.