Philip Morris International Inc. $PM Stock Position Raised by World Investment Advisors

World Investment Advisors increased its position in Philip Morris International Inc. (NYSE:PM) by 2.5% in the first quarter, HoldingsChannel reports. The firm owned 118,131 shares of the company’s stock after acquiring an additional 2,864 shares during the period. World Investment Advisors’ holdings in Philip Morris International were worth $19,532,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AG Campbell Advisory LLC purchased a new stake in shares of Philip Morris International in the fourth quarter valued at $25,000. Portfolio Resources Advisor Group Inc. purchased a new position in shares of Philip Morris International during the fourth quarter valued at $26,000. Richards Merrill & Peterson Inc. purchased a new position in shares of Philip Morris International during the fourth quarter valued at $28,000. Vermillion Wealth Management Inc. raised its position in Philip Morris International by 146.5% during the first quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock valued at $29,000 after buying an additional 104 shares during the period. Finally, Safe Harbor Fiduciary LLC acquired a new position in Philip Morris International during the fourth quarter valued at $29,000. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Philip Morris International Price Performance

Shares of Philip Morris International stock opened at $182.52 on Friday. The stock has a 50-day simple moving average of $178.93 and a 200-day simple moving average of $172.67. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $193.05. The firm has a market cap of $284.47 billion, a price-to-earnings ratio of 25.67, a P/E/G ratio of 2.14 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 for the quarter, beating the consensus estimate of $1.83 by $0.13. The firm had revenue of $10.15 billion for the quarter, compared to analyst estimates of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter last year, the firm earned $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. As a group, equities research analysts predict that Philip Morris International Inc. will post 8.39 earnings per share for the current year.

Philip Morris International Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on PM shares. Stifel Nicolaus reduced 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 report on Friday, April 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Morgan Stanley upped their price objective on shares of Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, June 3rd. UBS Group increased their target price on shares of Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a research report on Thursday. Finally, Needham & Company LLC reissued a “buy” rating and set a $200.00 target price 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 company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $194.62.

Philip Morris International Company 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.