SG Americas Securities LLC Has $345.75 Million Stock Holdings in Philip Morris International Inc. $PM

SG Americas Securities LLC trimmed its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 7.5% in the first quarter, according to its most recent filing with the SEC. The firm owned 2,091,125 shares of the company’s stock after selling 169,092 shares during the period. SG Americas Securities LLC owned approximately 0.13% of Philip Morris International worth $345,747,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. AG Campbell Advisory LLC acquired a new position in Philip Morris International in the fourth quarter worth about $25,000. Portfolio Resources Advisor Group Inc. acquired a new stake in Philip Morris International during the fourth quarter valued at approximately $26,000. Dogwood Wealth Management LLC boosted its holdings in Philip Morris International by 96.5% during the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after purchasing an additional 82 shares in the last quarter. Richards Merrill & Peterson Inc. bought a new stake in shares of Philip Morris International in the 4th quarter valued at approximately $28,000. Finally, Safe Harbor Fiduciary LLC bought a new stake in shares of Philip Morris International in the 4th quarter valued at approximately $29,000. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Price Performance

NYSE PM opened at $178.68 on Monday. The stock’s 50 day simple moving average is $174.79 and its 200 day simple moving average is $170.77. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $193.05. The firm has a market cap of $278.48 billion, a PE ratio of 25.13, a price-to-earnings-growth ratio of 2.06 and a beta of 0.38.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.13. The firm had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The business’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 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. As a group, equities analysts expect that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

Philip Morris International Announces Dividend

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

Analysts Set New Price Targets

PM has been the subject of a number of recent research reports. Barclays reissued an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a report on Monday, February 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Morgan Stanley upped their target price on shares of Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, June 3rd. Stifel Nicolaus dropped their target price on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Finally, Needham & Company LLC reissued a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a report on Thursday, April 23rd. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company 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.