Invesco Ltd. Has $2.51 Billion Stock Position in Philip Morris International Inc. $PM

Invesco Ltd. grew its stake in shares of Philip Morris International Inc. (NYSE:PM) by 2.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 15,631,408 shares of the company’s stock after acquiring an additional 383,786 shares during the period. Invesco Ltd.’s holdings in Philip Morris International were worth $2,507,278,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of PM. Resurgent Financial Advisors LLC boosted its holdings in shares of Philip Morris International by 3.7% during the 4th quarter. Resurgent Financial Advisors LLC now owns 1,523 shares of the company’s stock valued at $244,000 after acquiring an additional 54 shares in the last quarter. Douglass Winthrop Advisors LLC increased its holdings in Philip Morris International by 0.3% in the 4th quarter. Douglass Winthrop Advisors LLC now owns 18,344 shares of the company’s stock worth $2,942,000 after purchasing an additional 56 shares in the last quarter. Outlook Wealth Advisors LLC increased its holdings in Philip Morris International by 4.6% in the 4th quarter. Outlook Wealth Advisors LLC now owns 1,320 shares of the company’s stock worth $212,000 after purchasing an additional 58 shares in the last quarter. Aristotle Capital Management LLC raised its position in Philip Morris International by 4.4% in the fourth quarter. Aristotle Capital Management LLC now owns 1,384 shares of the company’s stock valued at $222,000 after purchasing an additional 58 shares during the last quarter. Finally, Tranquility Partners LLC boosted its stake in shares of Philip Morris International by 2.4% during the fourth quarter. Tranquility Partners LLC now owns 2,489 shares of the company’s stock valued at $399,000 after purchasing an additional 59 shares in the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Trading Down 0.4%

Shares of PM stock opened at $178.68 on Friday. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $193.05. The stock has a market cap of $278.48 billion, a price-to-earnings ratio of 25.13, a PEG ratio of 2.07 and a beta of 0.38. The stock has a 50-day moving average of $174.44 and a 200-day moving average of $170.61.

Philip Morris International (NYSE:PM) last posted 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. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The company had revenue of $10.15 billion for the quarter, compared to analyst estimates of $9.95 billion. During the same period in the previous year, the firm earned $1.69 earnings per share. The firm’s quarterly revenue was up 9.1% on a year-over-year basis. 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. Sell-side analysts forecast that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

Philip Morris International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, July 20th. Stockholders of record on Thursday, June 25th will be given a $1.47 dividend. The ex-dividend date is Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.3%. Philip Morris International’s payout ratio is 82.70%.

Wall Street Analyst Weigh In

PM has been the topic of several research reports. Bank of America restated a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Barclays reiterated an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. Needham & Company LLC reissued a “buy” rating and set a $200.00 target price on shares of Philip Morris International in a report on Thursday, April 23rd. UBS Group decreased their price target on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. Finally, Stifel Nicolaus dropped their price target on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research note on Friday, April 10th. Ten 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, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $192.88.

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.