Capital International Sarl Grows Position in Philip Morris International Inc. $PM

Capital International Sarl raised its holdings in Philip Morris International Inc. (NYSE:PMFree Report) by 8.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 660,238 shares of the company’s stock after acquiring an additional 48,976 shares during the period. Philip Morris International makes up 1.7% of Capital International Sarl’s investment portfolio, making the stock its 11th largest position. Capital International Sarl’s holdings in Philip Morris International were worth $105,902,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Dogwood Wealth Management LLC raised 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 acquiring an additional 82 shares in the last quarter. Richards Merrill & Peterson Inc. bought a new position in shares of Philip Morris International during the 4th quarter valued at about $28,000. Entrust Financial LLC bought a new position in shares of Philip Morris International during the 4th quarter valued at about $31,000. Measured Wealth Private Client Group LLC bought a new position in shares of Philip Morris International during the 3rd quarter valued at about $32,000. Finally, FNY Investment Advisers LLC bought a new position in shares of Philip Morris International during the 3rd quarter valued at about $33,000. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Price Performance

PM opened at $178.66 on Friday. The stock’s 50 day simple moving average is $170.84 and its 200 day simple moving average is $168.91. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $193.05. The firm has a market cap of $278.45 billion, a price-to-earnings ratio of 25.13, a PEG ratio of 2.06 and a beta of 0.38.

Philip Morris International (NYSE:PMGet Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $9.95 billion. During the same period last year, the company earned $1.69 EPS. Philip Morris International’s revenue for the quarter 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, sell-side analysts anticipate that Philip Morris International Inc. will post 8.4 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently commented on PM. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Needham & Company LLC reiterated a “buy” rating and set a $200.00 price objective on shares of Philip Morris International in a research report on Thursday, April 23rd. 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 report on Wednesday. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Finally, UBS Group reduced their price objective on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a research report on Friday, April 17th. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Philip Morris International presently has a consensus rating of “Moderate Buy” and an average price target of $192.88.

Check Out Our Latest Report on Philip Morris International

Philip Morris International Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Philip Morris International (NYSE:PM)

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