Princeton Capital Management LLC Buys New Position in Philip Morris International Inc. $PM

Princeton Capital Management LLC purchased a new position in Philip Morris International Inc. (NYSE:PM) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 11,262 shares of the company’s stock, valued at approximately $1,827,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Cannon Wealth Management Services LLC lifted its holdings in shares of Philip Morris International by 4.8% during the 3rd quarter. Cannon Wealth Management Services LLC now owns 1,928 shares of the company’s stock worth $313,000 after acquiring an additional 88 shares during the last quarter. Dearborn Partners LLC raised its position in Philip Morris International by 19.0% during the third quarter. Dearborn Partners LLC now owns 3,091 shares of the company’s stock valued at $501,000 after purchasing an additional 493 shares in the last quarter. Advyzon Investment Management LLC lifted its stake in Philip Morris International by 72.4% during the third quarter. Advyzon Investment Management LLC now owns 10,204 shares of the company’s stock worth $1,655,000 after purchasing an additional 4,285 shares during the last quarter. Mitsubishi UFJ Asset Management UK Ltd. boosted its holdings in shares of Philip Morris International by 300.0% in the 3rd quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 4,000 shares of the company’s stock worth $649,000 after purchasing an additional 3,000 shares in the last quarter. Finally, Heartland Bank & Trust Co bought a new position in shares of Philip Morris International during the 3rd quarter valued at about $1,179,000. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Trading Down 0.1%

Philip Morris International stock opened at $183.35 on Friday. The firm has a market cap of $285.41 billion, a P/E ratio of 25.22, a P/E/G ratio of 2.09 and a beta of 0.39. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $190.98. The firm has a 50-day moving average of $170.72 and a 200-day moving average of $163.09.

Philip Morris International (NYSE:PM) last released its quarterly earnings results on Friday, February 6th. The company reported $1.70 EPS for the quarter, meeting analysts’ consensus estimates 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 analyst estimates of $10.40 billion. During the same quarter in the prior year, the company posted $1.55 EPS. Philip Morris International’s quarterly revenue was up 6.8% compared to the same quarter last year. 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. Research analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Friday, December 26th were paid a $1.47 dividend. The ex-dividend date of this dividend was Friday, December 26th. This represents a $5.88 dividend on an annualized basis and a yield of 3.2%. Philip Morris International’s dividend payout ratio (DPR) is presently 80.88%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on PM. JPMorgan Chase & Co. dropped 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. Jefferies Financial Group downgraded shares of 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. Needham & Company LLC upped their price objective on shares of Philip Morris International from $190.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Barclays decreased their target price on shares of Philip Morris International from $220.00 to $180.00 and set an “overweight” rating on the stock in a research report on Monday, November 17th. Finally, UBS Group reaffirmed a “neutral” rating and set a $181.50 price objective on shares of Philip Morris International in a research note on Monday, February 9th. Eleven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price 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.