ProVise Management Group LLC Acquires 5,327 Shares of Philip Morris International Inc. $PM

ProVise Management Group LLC increased its holdings in Philip Morris International Inc. (NYSE:PM) by 3.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 152,863 shares of the company’s stock after acquiring an additional 5,327 shares during the quarter. Philip Morris International comprises about 1.7% of ProVise Management Group LLC’s investment portfolio, making the stock its 14th biggest holding. ProVise Management Group LLC’s holdings in Philip Morris International were worth $24,519,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Philip Morris International by 0.4% during the third quarter. Vanguard Group Inc. now owns 143,468,448 shares of the company’s stock valued at $23,270,582,000 after buying an additional 611,393 shares during the last quarter. Capital World Investors grew its stake in shares of Philip Morris International by 2.2% in the third quarter. Capital World Investors now owns 128,776,327 shares of the company’s stock worth $20,887,743,000 after acquiring an additional 2,714,674 shares during the period. Capital International Investors raised its holdings in shares of Philip Morris International by 1.0% during the third quarter. Capital International Investors now owns 89,150,871 shares of the company’s stock valued at $14,461,220,000 after purchasing an additional 882,885 shares during the last quarter. Capital Research Global Investors boosted its holdings in Philip Morris International by 7.2% in the third quarter. Capital Research Global Investors now owns 43,546,533 shares of the company’s stock worth $7,063,263,000 after purchasing an additional 2,911,835 shares during the last quarter. Finally, Northern Trust Corp grew its position in Philip Morris International by 2.8% in the 3rd quarter. Northern Trust Corp now owns 14,701,879 shares of the company’s stock worth $2,384,645,000 after purchasing an additional 401,381 shares during the period. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on PM. Stifel Nicolaus reduced their price objective on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research note on Friday, April 10th. Needham & Company LLC reaffirmed a “buy” rating and set a $200.00 target price on shares of Philip Morris International in a research note on Thursday. UBS Group dropped their target price on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a research note on Friday, April 17th. Citigroup lifted their price objective on shares of Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Finally, Morgan Stanley decreased their target price on shares of Philip Morris International from $205.00 to $190.00 and set an “overweight” rating for the company in a research report on Friday, April 17th. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $192.56.

Philip Morris International Stock Performance

NYSE:PM opened at $164.18 on Friday. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $191.30. The company has a 50 day moving average price of $169.27 and a 200 day moving average price of $163.93. The stock has a market capitalization of $255.87 billion, a P/E ratio of 23.09, a PEG ratio of 2.04 and a beta of 0.43.

Philip Morris International (NYSE:PM) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating the consensus estimate of $1.83 by $0.13. The company had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. Philip Morris International had a net margin of 13.42% and a negative return on equity of 142.02%. The firm’s revenue was up 9.1% compared to the same quarter last year. During the same quarter last year, the company posted $1.69 EPS. 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. Research analysts forecast that Philip Morris International Inc. will post 8.44 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 13th. Stockholders of record on Thursday, March 19th were given a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Thursday, March 19th. Philip Morris International’s dividend payout ratio (DPR) is 80.88%.

Insider Buying and Selling

In other news, CEO Jacek Olczak sold 80,000 shares of the stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $182.18, for a total transaction of $14,574,400.00. Following the completion of the transaction, the chief executive officer directly owned 632,344 shares of the company’s stock, valued at approximately $115,200,429.92. This represents a 11.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Emmanuel Babeau sold 33,800 shares of Philip Morris International stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $181.61, for a total value of $6,138,418.00. Following the transaction, the chief financial officer directly owned 164,463 shares of the company’s stock, valued at $29,868,125.43. This trade represents a 17.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.13% of the company’s stock.

Philip Morris International 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.