Advisors Capital Management LLC Boosts Holdings in Philip Morris International Inc. $PM

Advisors Capital Management LLC boosted its position in shares of Philip Morris International Inc. (NYSE:PM) by 3.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 698,892 shares of the company’s stock after purchasing an additional 23,939 shares during the quarter. Philip Morris International comprises about 1.4% of Advisors Capital Management LLC’s holdings, making the stock its 12th biggest holding. Advisors Capital Management LLC’s holdings in Philip Morris International were worth $113,360,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC grew its holdings in shares of Philip Morris International by 31.1% during the fourth quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock valued at $1,027,000 after buying an additional 2,023 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in Philip Morris International by 4.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock valued at $252,000 after acquiring an additional 91 shares in the last quarter. Sivia Capital Partners LLC lifted 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 in the last quarter. Uhlmann Price Securities LLC purchased a new stake in Philip Morris International during the 2nd quarter valued at $222,000. Finally, Evermay Wealth Management LLC increased its holdings in shares of Philip Morris International by 19.7% in the 2nd quarter. Evermay Wealth Management LLC now owns 1,174 shares of the company’s stock worth $215,000 after purchasing an additional 193 shares in the last quarter. 78.63% of the stock is currently owned by institutional investors.

Philip Morris International Trading Down 1.8%

Shares of NYSE PM opened at $184.20 on Wednesday. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $190.98. The firm has a market capitalization of $286.74 billion, a price-to-earnings ratio of 25.34, a price-to-earnings-growth ratio of 2.14 and a beta of 0.39. The firm has a 50 day moving average of $168.80 and a 200 day moving average of $162.66.

Philip Morris International (NYSE:PM) last issued its quarterly earnings results on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, hitting the consensus estimate of $1.70. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The business had revenue of $10.36 billion for the quarter, compared to analysts’ expectations of $10.40 billion. During the same quarter last year, the company posted $1.55 EPS. The company’s 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. Sell-side analysts predict that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Friday, December 26th were given a dividend of $1.47 per share. The ex-dividend date was Friday, December 26th. This represents a $5.88 annualized dividend and a yield of 3.2%. Philip Morris International’s payout ratio is 80.88%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on PM shares. Wall Street Zen downgraded Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Barclays lowered 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 note on Monday, November 17th. UBS Group reiterated a “neutral” rating and issued a $181.50 price target on shares of Philip Morris International in a research note on Monday, February 9th. Morgan Stanley reissued an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 9th. Finally, Stifel Nicolaus set a $200.00 target price on shares of Philip Morris International in a report 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’s stock. According to data from MarketBeat.com, Philip Morris International has a consensus rating of “Moderate Buy” and an average price target of $194.06.

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.