Vanguard Group Inc. Boosts Stake in Philip Morris International Inc. $PM

Vanguard Group Inc. grew its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 0.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 143,468,448 shares of the company’s stock after buying an additional 611,393 shares during the quarter. Vanguard Group Inc. owned 9.22% of Philip Morris International worth $23,270,582,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Brighton Jones LLC grew its holdings in Philip Morris International by 31.1% during the 4th quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock valued at $1,027,000 after purchasing an additional 2,023 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of Philip Morris International by 4.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock worth $252,000 after acquiring an additional 91 shares during the last quarter. Sivia Capital Partners LLC grew its position in Philip Morris International by 53.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company’s stock valued at $1,027,000 after acquiring an additional 1,970 shares during the last quarter. Aspiriant LLC increased its stake in Philip Morris International by 22.7% in the second quarter. Aspiriant LLC now owns 2,211 shares of the company’s stock worth $403,000 after purchasing an additional 409 shares during the period. Finally, Signature Estate & Investment Advisors LLC boosted its position in Philip Morris International by 1.6% in the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 10,662 shares of the company’s stock valued at $1,942,000 after buying an additional 169 shares during the period. 78.63% of the stock is owned by institutional investors.

Analyst Ratings Changes

PM has been the subject of a number of research analyst reports. Citigroup lifted their target price on Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Morgan Stanley reiterated an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a research note on Monday, February 9th. The Goldman Sachs Group reissued a “buy” rating on shares of Philip Morris International in a research report on Wednesday, October 22nd. UBS Group reiterated a “neutral” rating and issued a $181.50 price objective on shares of Philip Morris International in a research note on Monday, February 9th. Finally, Needham & Company LLC boosted their target price on shares of Philip Morris International from $190.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Eleven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $194.06.

Philip Morris International Stock Performance

PM opened at $187.35 on Monday. The business’s 50 day moving average price is $167.34 and its 200 day moving average price is $162.35. The stock has a market capitalization of $291.64 billion, a PE ratio of 25.77, a P/E/G ratio of 2.14 and a beta of 0.39. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $190.98.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.70. The firm had revenue of $10.36 billion during the quarter, compared to the consensus estimate of $10.40 billion. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The company’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the company earned $1.55 EPS. 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. As a group, equities research analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Friday, December 26th were paid a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Friday, December 26th. Philip Morris International’s dividend payout ratio is presently 80.88%.

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.