Focus Partners Advisor Solutions LLC Sells 3,752 Shares of Philip Morris International Inc. $PM

Focus Partners Advisor Solutions LLC decreased its stake in shares of Philip Morris International Inc. (NYSE:PM) by 10.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 33,152 shares of the company’s stock after selling 3,752 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Philip Morris International were worth $5,318,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in PM. Dogwood Wealth Management LLC boosted its position in Philip Morris International by 96.5% in the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after buying an additional 82 shares in the last quarter. Richards Merrill & Peterson Inc. acquired a new position in Philip Morris International in the fourth quarter valued at about $28,000. Entrust Financial LLC acquired a new position in Philip Morris International in the fourth quarter valued at about $31,000. Measured Wealth Private Client Group LLC acquired a new position in Philip Morris International in the third quarter valued at about $32,000. Finally, McIlrath & Eck LLC acquired a new position in Philip Morris International in the second quarter valued at about $36,000. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have commented on PM. Morgan Stanley increased their price objective 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. Citigroup increased their price target on shares of Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Bank of America reissued a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Barclays reissued an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a research note on Monday, February 23rd. Finally, Needham & Company LLC reissued a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a research note on Thursday, April 23rd. Ten 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, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $192.88.

Philip Morris International Stock Performance

Shares of PM stock opened at $178.25 on Wednesday. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $193.05. The stock has a market cap of $277.81 billion, a PE ratio of 25.07, a PEG ratio of 2.03 and a beta of 0.38. The firm’s 50 day moving average price is $171.40 and its two-hundred day moving average price is $169.32.

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

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.