Zions Bancorporation National Association UT Increases Stock Holdings in Philip Morris International Inc. $PM

Zions Bancorporation National Association UT grew its position in Philip Morris International Inc. (NYSE:PM) by 44.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 43,312 shares of the company’s stock after purchasing an additional 13,367 shares during the period. Zions Bancorporation National Association UT’s holdings in Philip Morris International were worth $6,947,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. J.Safra Asset Management Corp boosted its stake in shares of Philip Morris International by 66.6% during the fourth quarter. J.Safra Asset Management Corp now owns 9,389 shares of the company’s stock valued at $1,507,000 after acquiring an additional 3,753 shares during the last quarter. Wills Financial Group LLC boosted its stake in shares of Philip Morris International by 3.4% during the fourth quarter. Wills Financial Group LLC now owns 3,892 shares of the company’s stock valued at $624,000 after acquiring an additional 129 shares during the last quarter. Deutsche Bank AG boosted its stake in shares of Philip Morris International by 5.8% during the fourth quarter. Deutsche Bank AG now owns 2,692,436 shares of the company’s stock valued at $431,867,000 after acquiring an additional 146,811 shares during the last quarter. Paragon Private Wealth Management LLC boosted its stake in shares of Philip Morris International by 13.0% during the fourth quarter. Paragon Private Wealth Management LLC now owns 2,420 shares of the company’s stock valued at $388,000 after acquiring an additional 279 shares during the last quarter. Finally, Outlook Wealth Advisors LLC boosted its stake in shares of Philip Morris International by 4.6% during the fourth quarter. Outlook Wealth Advisors LLC now owns 1,320 shares of the company’s stock valued at $212,000 after acquiring an additional 58 shares during the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Trading Up 2.5%

Shares of NYSE:PM opened at $183.01 on Thursday. The stock’s 50-day moving average price is $171.77 and its two-hundred day moving average price is $169.52. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $193.05. The firm has a market cap of $285.23 billion, a price-to-earnings ratio of 25.74, a PEG ratio of 2.06 and a beta of 0.38.

Philip Morris International (NYSE:PM) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $10.15 billion for the quarter, compared to analyst estimates of $9.95 billion. During the same period last year, the company earned $1.69 EPS. The firm’s quarterly revenue 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, research analysts forecast that Philip Morris International Inc. will post 8.4 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

PM has been the topic of a number of analyst reports. UBS Group decreased their price objective on 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. Morgan Stanley increased their price objective on Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, June 3rd. 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 price objective on 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. Finally, Barclays reaffirmed an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a research note on Monday, February 23rd. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus 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.