J.Safra Asset Management Corp Buys 3,753 Shares of Philip Morris International Inc. $PM

J.Safra Asset Management Corp lifted its stake in Philip Morris International Inc. (NYSE:PM) by 66.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,389 shares of the company’s stock after acquiring an additional 3,753 shares during the period. J.Safra Asset Management Corp’s holdings in Philip Morris International were worth $1,507,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Dogwood Wealth Management LLC raised its stake in Philip Morris International by 96.5% during the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after purchasing an additional 82 shares during the last quarter. Richards Merrill & Peterson Inc. acquired a new stake in Philip Morris International in the 4th quarter valued at $28,000. Entrust Financial LLC bought a new position in shares of Philip Morris International during the fourth quarter valued at $31,000. Measured Wealth Private Client Group LLC bought a new position in shares of Philip Morris International during the third quarter valued at $32,000. Finally, McIlrath & Eck LLC acquired a new stake in shares of Philip Morris International in the 2nd quarter valued at $36,000. 78.63% of the stock is currently owned by institutional investors.

Philip Morris International Price Performance

Shares of Philip Morris International stock opened at $183.01 on Thursday. The firm has a 50 day simple moving average of $171.77 and a 200 day simple moving average of $169.52. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $193.05. The firm has a market cap of $285.23 billion, a P/E ratio of 25.74, a P/E/G ratio of 2.06 and a beta of 0.38.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.13. The firm had revenue of $10.15 billion for 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 prior year, the business earned $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. On average, sell-side analysts expect that Philip Morris International Inc. will post 8.4 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on PM shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Stifel Nicolaus decreased their price objective on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Needham & Company LLC reaffirmed a “buy” rating and set a $200.00 price objective on shares of Philip Morris International in a report on Thursday, April 23rd. UBS Group cut 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. Finally, Bank of America restated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $192.88.

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.