Hilton Head Capital Partners LLC Invests $2.70 Million in Philip Morris International Inc. $PM

Hilton Head Capital Partners LLC bought a new position in shares of Philip Morris International Inc. (NYSE:PM) in the 4th quarter, HoldingsChannel.com reports. The firm bought 16,850 shares of the company’s stock, valued at approximately $2,703,000. Philip Morris International accounts for about 1.6% of Hilton Head Capital Partners LLC’s portfolio, making the stock its 11th biggest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Dogwood Wealth Management LLC lifted its position in shares of Philip Morris International by 96.5% during the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after buying an additional 82 shares during the last quarter. Richards Merrill & Peterson Inc. purchased a new position in shares of Philip Morris International in the 4th quarter valued at $28,000. Entrust Financial LLC acquired a new stake in Philip Morris International during the 4th quarter worth $31,000. Measured Wealth Private Client Group LLC purchased a new stake in Philip Morris International in the third quarter valued at $32,000. Finally, McIlrath & Eck LLC acquired a new position in Philip Morris International in the second quarter valued at $36,000. 78.63% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

PM has been the topic of several research reports. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Stifel Nicolaus decreased their target price on Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Needham & Company LLC restated a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a research note on Thursday, April 23rd. UBS Group cut their price target on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a research report on Friday, April 17th. Finally, Barclays reissued an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $192.88.

Philip Morris International Stock Performance

Shares of NYSE:PM opened at $178.66 on Monday. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $193.05. The stock has a market capitalization of $278.45 billion, a price-to-earnings ratio of 25.13, a PEG ratio of 2.06 and a beta of 0.38. The company has a 50-day simple moving average of $170.84 and a 200-day simple moving average of $169.02.

Philip Morris International (NYSE:PM) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate 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 in the previous year, the firm posted $1.69 EPS. The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. 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, research analysts forecast that Philip Morris International Inc. will post 8.4 EPS for the current fiscal year.

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.