Van Diest Capital LLC Acquires Shares of 4,665 Philip Morris International Inc. $PM

Van Diest Capital LLC bought a new stake in Philip Morris International Inc. (NYSE:PM) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 4,665 shares of the company’s stock, valued at approximately $748,000. Philip Morris International accounts for about 1.1% of Van Diest Capital LLC’s holdings, making the stock its 20th largest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Schroder Investment Management Group lifted its position in Philip Morris International by 10.2% during the 3rd quarter. Schroder Investment Management Group now owns 302,173 shares of the company’s stock valued at $49,251,000 after purchasing an additional 27,979 shares during the period. Trajan Wealth LLC boosted its stake in shares of Philip Morris International by 31.2% in the 3rd quarter. Trajan Wealth LLC now owns 132,295 shares of the company’s stock valued at $21,458,000 after purchasing an additional 31,490 shares during the last quarter. Assetmark Inc. grew its position in shares of Philip Morris International by 22.2% during the 4th quarter. Assetmark Inc. now owns 630,583 shares of the company’s stock worth $101,146,000 after buying an additional 114,618 shares during the period. Global Retirement Partners LLC raised its stake in shares of Philip Morris International by 40.3% during the fourth quarter. Global Retirement Partners LLC now owns 67,177 shares of the company’s stock worth $10,775,000 after buying an additional 19,309 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Philip Morris International by 7.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 592,681 shares of the company’s stock worth $91,840,000 after buying an additional 43,200 shares during the last quarter. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Price Performance

Shares of NYSE:PM opened at $178.68 on Friday. The firm’s 50 day simple moving average is $174.44 and its 200 day simple moving average is $170.61. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $193.05. The company has a market capitalization of $278.48 billion, a price-to-earnings ratio of 25.13, a P/E/G ratio of 2.07 and a beta of 0.38.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The firm had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. During the same quarter in the previous year, the company earned $1.69 earnings per share. The business’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. Equities research analysts expect 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 disclosed a quarterly dividend, which will be paid on Monday, July 20th. Investors of record on Thursday, June 25th will be given a $1.47 dividend. The ex-dividend date is Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.3%. Philip Morris International’s dividend payout ratio is currently 82.70%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on PM. Stifel Nicolaus cut their price objective on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Barclays reissued an “overweight” rating and issued a $205.00 price target on shares of Philip Morris International in a research note on Monday, February 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Finally, Morgan Stanley lifted their price objective on Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 3rd. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $192.88.

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.