Fortis Group Advisors LLC Sells 3,919 Shares of Philip Morris International Inc. $PM

Fortis Group Advisors LLC lowered its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 64.7% during the third quarter, HoldingsChannel reports. The firm owned 2,135 shares of the company’s stock after selling 3,919 shares during the quarter. Fortis Group Advisors LLC’s holdings in Philip Morris International were worth $346,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Brighton Jones LLC raised its holdings in shares of Philip Morris International by 31.1% during the fourth quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after acquiring an additional 2,023 shares during the period. Revolve Wealth Partners LLC raised its stake in shares of Philip Morris International by 4.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock valued at $252,000 after purchasing an additional 91 shares during the period. Sivia Capital Partners LLC boosted its position in shares of Philip Morris International by 53.7% during the second quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company’s stock worth $1,027,000 after buying an additional 1,970 shares during the period. Avidian Wealth Enterprises LLC grew its holdings in shares of Philip Morris International by 9.8% during the second quarter. Avidian Wealth Enterprises LLC now owns 4,078 shares of the company’s stock worth $743,000 after buying an additional 365 shares in the last quarter. Finally, Retirement Planning Group LLC raised its position in Philip Morris International by 502.4% in the 2nd quarter. Retirement Planning Group LLC now owns 10,211 shares of the company’s stock valued at $1,860,000 after buying an additional 8,516 shares during the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. UBS Group reiterated a “neutral” rating and issued a $181.50 price objective on shares of Philip Morris International in a report on Monday, February 9th. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a report on Thursday, January 22nd. Wall Street Zen lowered Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Morgan Stanley restated an “overweight” rating and issued a $205.00 price target on shares of Philip Morris International in a research note on Monday, February 9th. Finally, Citigroup boosted their price target on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Eleven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $194.06.

Philip Morris International Trading Down 0.4%

Shares of NYSE PM opened at $182.86 on Thursday. The company has a market capitalization of $284.66 billion, a P/E ratio of 25.15, a P/E/G ratio of 2.09 and a beta of 0.39. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $190.98. The stock has a 50 day moving average of $169.47 and a 200-day moving average of $162.80.

Philip Morris International (NYSE:PM) last announced its quarterly earnings results on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.70. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The business had revenue of $10.36 billion during the quarter, compared to the consensus estimate of $10.40 billion. During the same quarter last year, the firm posted $1.55 EPS. The company’s quarterly revenue was up 6.8% on a year-over-year basis. 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. Analysts predict that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Friday, December 26th were issued a dividend of $1.47 per share. The ex-dividend date of this dividend was Friday, December 26th. This represents a $5.88 annualized dividend and a dividend yield of 3.2%. Philip Morris International’s payout ratio is presently 80.88%.

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.