Sargent Investment Group LLC Buys Shares of 3,756 Philip Morris International Inc. $PM

Sargent Investment Group LLC bought a new stake in shares of Philip Morris International Inc. (NYSE:PMFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,756 shares of the company’s stock, valued at approximately $602,000.

Several other large investors have also modified their holdings of the business. Brighton Jones LLC boosted its holdings in shares of Philip Morris International by 31.1% in the fourth quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock valued at $1,027,000 after purchasing an additional 2,023 shares during the period. Revolve Wealth Partners LLC boosted its holdings in shares of Philip Morris International by 4.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock valued at $252,000 after purchasing an additional 91 shares during the period. Sivia Capital Partners LLC boosted its holdings in shares of Philip Morris International by 53.7% in the second quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company’s stock valued at $1,027,000 after purchasing an additional 1,970 shares during the period. Jump Financial LLC purchased a new stake in shares of Philip Morris International in the second quarter valued at approximately $2,454,000. Finally, Osterweis Capital Management Inc. boosted its holdings in shares of Philip Morris International by 2,280.0% in the second quarter. Osterweis Capital Management Inc. now owns 357 shares of the company’s stock valued at $65,000 after purchasing an additional 342 shares during the period. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on PM. UBS Group lowered their price target on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a report on Friday, April 17th. Barclays reiterated an “overweight” rating and issued a $205.00 price target on shares of Philip Morris International in a report on Monday, February 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Finally, Morgan Stanley boosted their price target on Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, June 3rd. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $192.88.

Check Out Our Latest Analysis on Philip Morris International

Philip Morris International Stock Down 1.3%

Shares of NYSE:PM opened at $181.94 on Tuesday. The company has a market capitalization of $283.57 billion, a price-to-earnings ratio of 25.59, a price-to-earnings-growth ratio of 2.13 and a beta of 0.38. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $193.05. The firm has a 50 day moving average of $173.09 and a 200 day moving average of $170.10.

Philip Morris International (NYSE:PMGet Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.13. The company had revenue of $10.15 billion during 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%. Philip Morris International’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.69 earnings per share. 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 expect that Philip Morris International Inc. will post 8.4 EPS for the current year.

Philip Morris International Dividend Announcement

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

About Philip Morris International

(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.

See Also

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

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