MML Investors Services LLC Acquires 38,709 Shares of Philip Morris International Inc. $PM

MML Investors Services LLC boosted its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 6.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 666,138 shares of the company’s stock after purchasing an additional 38,709 shares during the quarter. MML Investors Services LLC’s holdings in Philip Morris International were worth $106,848,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in PM. Dogwood Wealth Management LLC boosted its stake in Philip Morris International by 96.5% during 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 period. Richards Merrill & Peterson Inc. bought a new stake in Philip Morris International during the 4th quarter valued at approximately $28,000. Entrust Financial LLC bought a new stake in Philip Morris International during the 4th quarter valued at approximately $31,000. Measured Wealth Private Client Group LLC bought a new stake in Philip Morris International during the 3rd quarter valued at approximately $32,000. Finally, FNY Investment Advisers LLC bought a new stake in Philip Morris International during the 3rd quarter valued at approximately $33,000. Institutional investors own 78.63% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on PM shares. Needham & Company LLC restated a “buy” rating and set a $200.00 target price on shares of Philip Morris International in a research note on Thursday, April 23rd. UBS Group decreased their target price on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a research note on Friday, April 17th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Stifel Nicolaus cut their price target on Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a report on Friday, April 10th. Finally, Barclays reaffirmed an “overweight” rating and issued a $205.00 price target on shares of Philip Morris International in a report on Monday, February 23rd. Ten equities 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, Philip Morris International currently has an average rating of “Moderate Buy” and a consensus target price of $192.88.

Philip Morris International Trading Up 0.1%

Shares of PM opened at $184.41 on Monday. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $193.05. The stock has a 50 day simple moving average of $172.61 and a 200-day simple moving average of $169.93. The stock has a market cap of $287.41 billion, a PE ratio of 25.94, a PEG ratio of 2.13 and a beta of 0.38.

Philip Morris International (NYSE:PM) last announced its 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. The business had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter last year, the company posted $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. On average, sell-side analysts forecast that Philip Morris International Inc. will post 8.4 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, July 20th. Investors of record on Thursday, June 25th will be given a dividend of $1.47 per share. The ex-dividend date is Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.2%. Philip Morris International’s dividend payout ratio (DPR) is 82.70%.

Philip Morris International 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.