Capital International Inc. CA Has $280.78 Million Stock Position in Philip Morris International Inc. $PM

Capital International Inc. CA lifted its holdings in Philip Morris International Inc. (NYSE:PM) by 5.7% in the fourth quarter, HoldingsChannel reports. The fund owned 1,750,489 shares of the company’s stock after buying an additional 94,401 shares during the period. Philip Morris International makes up 2.2% of Capital International Inc. CA’s investment portfolio, making the stock its 5th biggest position. Capital International Inc. CA’s holdings in Philip Morris International were worth $280,778,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in PM. Dogwood Wealth Management LLC increased its stake in shares of Philip Morris International by 96.5% in the third 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 period. Richards Merrill & Peterson Inc. purchased a new position in shares of Philip Morris International in the fourth quarter worth $28,000. Entrust Financial LLC purchased a new position in shares of Philip Morris International in the fourth quarter worth $31,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Philip Morris International in the third quarter worth $32,000. Finally, FNY Investment Advisers LLC purchased a new position in shares of Philip Morris International in the third quarter worth $33,000. 78.63% of the stock is owned by hedge funds and other institutional investors.

Philip Morris International Stock Up 2.1%

NYSE:PM opened at $178.66 on Friday. The stock has a market cap of $278.45 billion, a P/E ratio of 25.13, a price-to-earnings-growth ratio of 2.06 and a beta of 0.38. The firm’s fifty day simple moving average is $170.84 and its 200 day simple moving average is $168.91. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $193.05.

Philip Morris International (NYSE:PM) last released its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.13. The business had revenue of $10.15 billion for the quarter, compared to analysts’ expectations of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The firm’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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, analysts expect that Philip Morris International Inc. will post 8.4 EPS for the current fiscal year.

Wall Street Analyst Weigh In

PM has been the topic of several analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Stifel Nicolaus decreased their target price on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Morgan Stanley lifted their target price on shares of Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $200.00 target price on shares of Philip Morris International in a research note on Thursday, April 23rd. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $192.88.

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.