Bleakley Financial Group LLC Has $17.83 Million Position in Philip Morris International Inc. $PM

Bleakley Financial Group LLC grew its holdings in Philip Morris International Inc. (NYSE:PM) by 3.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 111,153 shares of the company’s stock after purchasing an additional 4,209 shares during the quarter. Bleakley Financial Group LLC’s holdings in Philip Morris International were worth $17,829,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Tranquility Partners LLC grew its position in shares of Philip Morris International by 2.4% in 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 during the last quarter. Stonebridge Financial Group LLC grew its position in shares of Philip Morris International by 2.2% in the fourth quarter. Stonebridge Financial Group LLC now owns 2,763 shares of the company’s stock valued at $443,000 after purchasing an additional 60 shares during the last quarter. Capital Advisors Wealth Management LLC grew its position in shares of Philip Morris International by 1.8% in the fourth quarter. Capital Advisors Wealth Management LLC now owns 3,372 shares of the company’s stock valued at $541,000 after purchasing an additional 61 shares during the last quarter. CFO4Life Group LLC grew its position in shares of Philip Morris International by 1.5% in the fourth quarter. CFO4Life Group LLC now owns 4,212 shares of the company’s stock valued at $676,000 after purchasing an additional 61 shares during the last quarter. Finally, Townsend Asset Management Corp NC ADV grew its position in shares of Philip Morris International by 2.4% in the fourth quarter. Townsend Asset Management Corp NC ADV now owns 2,662 shares of the company’s stock valued at $427,000 after purchasing an additional 62 shares during the last quarter. 78.63% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

PM has been the subject of several research reports. UBS Group reduced their target price on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a research note on Friday, April 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Morgan Stanley reduced their target price on shares of Philip Morris International from $205.00 to $190.00 and set an “overweight” rating for the company in a research note 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. Finally, Citigroup increased their target price on shares of Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Philip Morris International presently has an average rating of “Moderate Buy” and a consensus target price of $192.56.

Philip Morris International Stock Performance

NYSE PM opened at $189.26 on Tuesday. The firm has a 50-day simple moving average of $169.06 and a 200 day simple moving average of $167.52. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $193.05. The stock has a market cap of $294.97 billion, a PE ratio of 26.62, a PEG ratio of 2.17 and a beta of 0.37.

Philip Morris International (NYSE:PM) last released its earnings results 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 business had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The firm’s revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the company 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. Research analysts forecast that Philip Morris International Inc. will post 8.45 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were paid a dividend of $1.47 per share. The ex-dividend date was Thursday, March 19th. This represents a $5.88 dividend on an annualized basis and a yield of 3.1%. Philip Morris International’s dividend payout ratio (DPR) is currently 82.70%.

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.