Philip Morris International Inc. $PM Holdings Raised by Pacer Advisors Inc.

Pacer Advisors Inc. raised its stake in shares of Philip Morris International Inc. (NYSE:PM) by 271.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 570,938 shares of the company’s stock after buying an additional 417,175 shares during the period. Pacer Advisors Inc.’s holdings in Philip Morris International were worth $91,578,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of PM. Portfolio Resources Advisor Group Inc. acquired a new stake in Philip Morris International during the fourth quarter valued at $26,000. Dogwood Wealth Management LLC increased its position in Philip Morris International by 96.5% in the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $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 worth about $28,000. Safe Harbor Fiduciary LLC purchased a new stake in shares of Philip Morris International during the 4th quarter worth about $29,000. Finally, Entrust Financial LLC purchased a new stake in shares of Philip Morris International during the 4th quarter worth about $31,000. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Philip Morris International Price Performance

Shares of NYSE:PM opened at $178.68 on Friday. The stock has a market capitalization of $278.48 billion, a P/E ratio of 25.13, a P/E/G ratio of 2.07 and a beta of 0.38. The business has a 50-day moving average of $174.44 and a two-hundred day moving average of $170.61. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $193.05.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating 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 business had revenue of $10.15 billion for the quarter, compared to analyst estimates of $9.95 billion. During the same quarter in the prior year, the firm posted $1.69 EPS. The firm’s revenue for the quarter 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. As a group, research analysts expect that Philip Morris International Inc. will post 8.4 EPS for the current fiscal 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 of this dividend 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 dividend payout ratio (DPR) is currently 82.70%.

Analysts Set New Price Targets

PM has been the subject of several recent research reports. Bank of America reissued a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. UBS Group cut their price objective on shares of 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. Barclays reiterated an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a research note on Monday, February 23rd. Morgan Stanley boosted their target price on shares of Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 3rd. Finally, Needham & Company LLC restated a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a research note on Thursday, April 23rd. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Philip Morris International currently has a consensus rating of “Moderate Buy” and an average target price of $192.88.

About Philip Morris International

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.