Philip Morris International Inc. $PM Shares Acquired by LPL Financial LLC

LPL Financial LLC grew its stake in Philip Morris International Inc. (NYSE:PM) by 0.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,618,016 shares of the company’s stock after buying an additional 8,655 shares during the quarter. LPL Financial LLC owned 0.17% of Philip Morris International worth $419,930,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Dogwood Wealth Management LLC lifted its holdings in shares of Philip Morris International by 96.5% in the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after buying an additional 82 shares during the period. Richards Merrill & Peterson Inc. acquired a new position in Philip Morris International in the 4th quarter worth about $28,000. Entrust Financial LLC acquired a new position in Philip Morris International in the 4th quarter worth about $31,000. Measured Wealth Private Client Group LLC acquired a new position in Philip Morris International in the 3rd quarter worth about $32,000. Finally, McIlrath & Eck LLC acquired a new position in Philip Morris International in the 2nd quarter worth about $36,000. Institutional investors and hedge funds own 78.63% of the company’s stock.

Philip Morris International Price Performance

Shares of Philip Morris International stock opened at $176.00 on Tuesday. The business has a 50 day simple moving average of $171.11 and a two-hundred day simple moving average of $169.16. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $193.05. The stock has a market capitalization of $274.31 billion, a P/E ratio of 24.75, a PEG ratio of 2.06 and a beta of 0.38.

Philip Morris International (NYSE:PM) last announced its earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The business had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. During the same quarter in the prior year, the firm earned $1.69 earnings per share. The business’s revenue was up 9.1% compared to the same quarter last year. 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. As a group, research analysts anticipate that Philip Morris International Inc. will post 8.4 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Citigroup upped their price target on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Barclays reissued an “overweight” rating and issued a $205.00 price target on shares of Philip Morris International in a report on Monday, February 23rd. Morgan Stanley boosted their price target on shares of Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, June 3rd. Bank of America reissued a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $192.88.

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.