Jupiter Asset Management Ltd. Raises Stock Position in Philip Morris International Inc. $PM

Jupiter Asset Management Ltd. boosted its stake in Philip Morris International Inc. (NYSE:PM) by 205.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 486,654 shares of the company’s stock after purchasing an additional 327,244 shares during the period. Jupiter Asset Management Ltd.’s holdings in Philip Morris International were worth $78,935,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the stock. Legacy Investment Solutions LLC purchased a new position in Philip Morris International in the 2nd quarter worth approximately $25,000. Traub Capital Management LLC purchased a new stake in shares of Philip Morris International during the second quarter valued at approximately $25,000. Marquette Asset Management LLC lifted its position in shares of Philip Morris International by 1,677.8% during the third quarter. Marquette Asset Management LLC now owns 160 shares of the company’s stock worth $26,000 after purchasing an additional 151 shares in the last quarter. Briaud Financial Planning Inc boosted its stake in shares of Philip Morris International by 266.7% in the second quarter. Briaud Financial Planning Inc now owns 165 shares of the company’s stock valued at $30,000 after purchasing an additional 120 shares during the period. Finally, Estabrook Capital Management purchased a new position in shares of Philip Morris International in the second quarter valued at $30,000. Institutional investors and hedge funds own 78.63% of the company’s stock.

Philip Morris International Price Performance

NYSE:PM opened at $183.71 on Friday. The firm has a market capitalization of $285.98 billion, a P/E ratio of 25.27, a P/E/G ratio of 2.08 and a beta of 0.39. The business has a 50 day simple moving average of $170.13 and a 200 day simple moving average of $162.95. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $190.98.

Philip Morris International (NYSE:PM) last issued its earnings results on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, hitting the consensus estimate of $1.70. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The firm had revenue of $10.36 billion for the quarter, compared to analyst estimates of $10.40 billion. During the same period last year, the company earned $1.55 earnings per share. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. Philip Morris International has set its Q1 2026 guidance at 1.800-1.850 EPS and its FY 2026 guidance at 8.380-8.530 EPS. Research analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Friday, December 26th were given a $1.47 dividend. The ex-dividend date was Friday, December 26th. This represents a $5.88 annualized dividend and a yield of 3.2%. Philip Morris International’s dividend payout ratio is 80.88%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research report on Thursday, January 22nd. Barclays cut their price target on Philip Morris International from $220.00 to $180.00 and set an “overweight” rating on the stock in a research note on Monday, November 17th. Stifel Nicolaus set a $200.00 price target on Philip Morris International in a report on Monday, February 9th. UBS Group restated a “neutral” rating and set a $181.50 price objective on shares of Philip Morris International in a research note on Monday, February 9th. Finally, Needham & Company LLC upped their target price on Philip Morris International from $190.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Eleven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Philip Morris International currently has an average rating of “Moderate Buy” and an average price target of $194.06.

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.