Xponance LLC Boosts Stake in Philip Morris International Inc. $PM

Xponance LLC grew its stake in shares of Philip Morris International Inc. (NYSE:PM) by 6.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 234,492 shares of the company’s stock after buying an additional 13,521 shares during the quarter. Xponance LLC’s holdings in Philip Morris International were worth $37,613,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in PM. Dogwood Wealth Management LLC raised its position in Philip Morris International by 96.5% in the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after purchasing an additional 82 shares during the period. Richards Merrill & Peterson Inc. purchased a new position in Philip Morris International in the 4th quarter worth $28,000. Entrust Financial LLC purchased a new position in Philip Morris International in the 4th quarter worth $31,000. Measured Wealth Private Client Group LLC purchased a new position in Philip Morris International in the 3rd quarter worth $32,000. Finally, McIlrath & Eck LLC purchased a new position in Philip Morris International in the 2nd quarter worth $36,000. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Trading Down 1.1%

Shares of PM opened at $180.94 on Friday. The firm’s 50-day moving average price is $172.08 and its 200-day moving average price is $169.70. The firm has a market capitalization of $282.00 billion, a price-to-earnings ratio of 25.45, a PEG ratio of 2.11 and a beta of 0.38. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $193.05.

Philip Morris International (NYSE:PM) last announced 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 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% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. On average, research analysts forecast that Philip Morris International Inc. will post 8.4 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on PM. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Stifel Nicolaus cut their price target on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Morgan Stanley boosted 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 report on Wednesday, June 3rd. Barclays restated an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a research report on Monday, February 23rd. Finally, UBS Group decreased their price objective on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a research report on Friday, April 17th. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target 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.