NEOS Investment Management LLC Increases Stock Position in Philip Morris International Inc. $PM

NEOS Investment Management LLC increased its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 50.2% during the third quarter, Holdings Channel.com reports. The firm owned 193,918 shares of the company’s stock after buying an additional 64,808 shares during the period. NEOS Investment Management LLC’s holdings in Philip Morris International were worth $31,454,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of PM. Corient Private Wealth LLC boosted its position in Philip Morris International by 1.2% in the 2nd quarter. Corient Private Wealth LLC now owns 490,590 shares of the company’s stock worth $89,354,000 after purchasing an additional 5,681 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Philip Morris International by 10.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 549,481 shares of the company’s stock valued at $84,922,000 after buying an additional 51,399 shares in the last quarter. Dynasty Wealth Management LLC increased its stake in Philip Morris International by 53.0% during the 3rd quarter. Dynasty Wealth Management LLC now owns 27,772 shares of the company’s stock worth $4,505,000 after buying an additional 9,622 shares in the last quarter. Westwood Holdings Group Inc. raised its stake in Philip Morris International by 295.8% in the 2nd quarter. Westwood Holdings Group Inc. now owns 67,717 shares of the company’s stock valued at $12,333,000 after purchasing an additional 50,610 shares during the last quarter. Finally, Stratos Wealth Partners LTD. boosted its stake in Philip Morris International by 23.6% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 43,926 shares of the company’s stock worth $7,125,000 after purchasing an additional 8,392 shares during the last quarter. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Performance

Shares of NYSE PM opened at $187.35 on Tuesday. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $190.98. The firm has a market cap of $291.64 billion, a P/E ratio of 25.77, a price-to-earnings-growth ratio of 2.14 and a beta of 0.39. The firm’s 50 day moving average price is $168.12 and its 200 day moving average price is $162.51.

Philip Morris International (NYSE:PM) last announced its earnings results on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, meeting the consensus estimate of $1.70. The firm had revenue of $10.36 billion for the quarter, compared to the consensus estimate of $10.40 billion. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the previous 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 predict that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

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

Analyst Ratings Changes

PM has been the topic of several research analyst reports. Morgan Stanley restated an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 9th. Jefferies Financial Group cut shares of Philip Morris International from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $220.00 to $180.00 in a research report on Tuesday, January 20th. JPMorgan Chase & Co. reduced their price objective on shares of Philip Morris International from $190.00 to $185.00 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. Wall Street Zen downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Finally, Stifel Nicolaus set a $200.00 target price on Philip Morris International in a report on Monday, February 9th. Eleven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $194.06.

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.