First National Bank of Omaha raised its position in Philip Morris International Inc. (NYSE:PM – Free Report) by 4,837.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 80,476 shares of the company’s stock after purchasing an additional 78,846 shares during the quarter. First National Bank of Omaha’s holdings in Philip Morris International were worth $13,010,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently bought and sold shares of PM. Dogwood Wealth Management LLC boosted its holdings in 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 purchasing an additional 82 shares during the last quarter. Richards Merrill & Peterson Inc. acquired a new position in Philip Morris International in the 4th quarter valued at about $28,000. Entrust Financial LLC acquired a new position in Philip Morris International in the 4th quarter valued at about $31,000. Measured Wealth Private Client Group LLC acquired a new position in Philip Morris International in the 3rd quarter valued at about $32,000. Finally, FNY Investment Advisers LLC acquired a new position in Philip Morris International in the 3rd quarter valued at about $33,000. 78.63% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities analysts have weighed in on the stock. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Morgan Stanley boosted their target price on shares of Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, June 3rd. Barclays reiterated an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a report on Monday, February 23rd. Stifel Nicolaus decreased their target price on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a report on Friday, April 10th. 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 company. Based on data from MarketBeat.com, Philip Morris International has a consensus rating of “Moderate Buy” and an average target price of $192.88.
Philip Morris International Stock Performance
Philip Morris International stock opened at $184.41 on Friday. The company’s 50 day simple moving average is $172.61 and its 200-day simple moving average is $169.80. The company has a market capitalization of $287.41 billion, a price-to-earnings ratio of 25.94, a price-to-earnings-growth ratio of 2.09 and a beta of 0.38. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $193.05.
Philip Morris International (NYSE:PM – Get Free Report) last released its quarterly earnings results 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. The business had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The business’s revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.69 EPS. 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. Equities analysts expect that Philip Morris International Inc. will post 8.4 earnings per share for the current year.
Philip Morris International Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, July 20th. Stockholders of record on Thursday, June 25th will be paid a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Thursday, June 25th. Philip Morris International’s payout ratio is 82.70%.
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.
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