Fieldview Capital Management LLC decreased its position in Philip Morris International Inc. (NYSE:PM – Free Report) by 72.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,728 shares of the company’s stock after selling 7,083 shares during the quarter. Fieldview Capital Management LLC’s holdings in Philip Morris International were worth $438,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently bought and sold shares of the company. Dogwood Wealth Management LLC lifted its position in Philip Morris International by 96.5% in 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. bought a new stake in Philip Morris International in the 4th quarter worth approximately $28,000. Entrust Financial LLC bought a new stake in Philip Morris International in the 4th quarter worth approximately $31,000. Measured Wealth Private Client Group LLC bought a new stake in Philip Morris International in the 3rd quarter worth approximately $32,000. Finally, FNY Investment Advisers LLC bought a new stake in Philip Morris International in the 3rd quarter worth approximately $33,000. Institutional investors own 78.63% of the company’s stock.
Wall Street Analyst Weigh In
PM has been the subject of a number of recent research reports. Stifel Nicolaus dropped 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. Morgan Stanley boosted their target price on Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 3rd. Barclays restated an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a research report on Monday, February 23rd. UBS Group lowered their price objective on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $200.00 price objective on shares of Philip Morris International in a research report on Thursday, April 23rd. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $192.88.
Philip Morris International Stock Down 1.3%
Shares of Philip Morris International stock opened at $181.94 on Tuesday. The company has a market cap of $283.57 billion, a PE ratio of 25.59, a P/E/G ratio of 2.13 and a beta of 0.38. The business has a 50 day moving average of $173.09 and a 200 day moving average of $170.10. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $193.05.
Philip Morris International (NYSE:PM – Get Free Report) last announced its earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. The company had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.69 earnings per share. 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. On average, research analysts anticipate that Philip Morris International Inc. will post 8.4 earnings per share for the current year.
Philip Morris International Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, July 20th. Investors of record on Thursday, June 25th will be paid a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Thursday, June 25th. Philip Morris International’s dividend payout ratio is presently 82.70%.
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.
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