Intech Investment Management LLC Has $38.38 Million Stock Holdings in Philip Morris International Inc. $PM

Intech Investment Management LLC raised its position in Philip Morris International Inc. (NYSE:PM) by 41.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 239,250 shares of the company’s stock after buying an additional 70,628 shares during the quarter. Intech Investment Management LLC’s holdings in Philip Morris International were worth $38,376,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PM. Dogwood Wealth Management LLC grew its holdings in Philip Morris International by 96.5% in the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after buying an additional 82 shares in the last quarter. Richards Merrill & Peterson Inc. acquired a new position in Philip Morris International in the 4th quarter valued at $28,000. Entrust Financial LLC acquired a new position in Philip Morris International in the 4th quarter valued at $31,000. Measured Wealth Private Client Group LLC acquired a new position in Philip Morris International in the 3rd quarter valued at $32,000. Finally, FNY Investment Advisers LLC acquired a new position in Philip Morris International in the 3rd quarter valued at $33,000. 78.63% of the stock is owned by institutional investors and hedge funds.

Philip Morris International Stock Performance

NYSE:PM opened at $178.64 on Friday. The stock has a fifty day moving average price of $169.46 and a 200-day moving average price of $168.16. The company has a market cap of $278.42 billion, a price-to-earnings ratio of 25.12, a PEG ratio of 2.09 and a beta of 0.37. 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 released its earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates 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 company’s revenue was up 9.1% compared to the same quarter last year. During the same period in the prior 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. Research analysts predict that Philip Morris International Inc. will post 8.45 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were given a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date was Thursday, March 19th. Philip Morris International’s payout ratio is currently 82.70%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on PM shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $200.00 price objective on shares of Philip Morris International in a report on Thursday, April 23rd. Stifel Nicolaus decreased their price objective on Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Morgan Stanley decreased their price objective on Philip Morris International from $205.00 to $190.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. Finally, Citigroup upped their target price on Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Philip Morris International presently has an average rating of “Moderate Buy” and an average target price of $192.56.

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.