Philip Morris International Inc. $PM Shares Purchased by Mariner LLC

Mariner LLC raised its position in shares of Philip Morris International Inc. (NYSE:PM) by 9.7% in the fourth quarter, HoldingsChannel reports. The firm owned 473,814 shares of the company’s stock after acquiring an additional 41,910 shares during the period. Mariner LLC’s holdings in Philip Morris International were worth $76,018,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Motiv8 Investments LLC boosted its stake in Philip Morris International by 15.4% during the 4th quarter. Motiv8 Investments LLC now owns 1,854 shares of the company’s stock valued at $297,000 after purchasing an additional 247 shares during the period. Nicolet Advisory Services LLC boosted its stake in Philip Morris International by 0.4% during the 4th quarter. Nicolet Advisory Services LLC now owns 24,999 shares of the company’s stock valued at $4,129,000 after purchasing an additional 102 shares during the period. Focus Partners Wealth boosted its stake in Philip Morris International by 188.1% during the 4th quarter. Focus Partners Wealth now owns 1,592,622 shares of the company’s stock valued at $255,567,000 after purchasing an additional 1,039,815 shares during the period. Glen Eagle Advisors LLC boosted its stake in Philip Morris International by 23.3% during the 4th quarter. Glen Eagle Advisors LLC now owns 1,036 shares of the company’s stock valued at $166,000 after purchasing an additional 196 shares during the period. Finally, Huber Capital Management LLC boosted its stake in Philip Morris International by 20.2% during the 4th quarter. Huber Capital Management LLC now owns 146,415 shares of the company’s stock valued at $23,485,000 after purchasing an additional 24,556 shares during the period. 78.63% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have commented on PM shares. UBS Group dropped their price target 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. Morgan Stanley boosted their price target on shares of Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 3rd. Barclays restated an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a research report on Monday, February 23rd. Bank of America restated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Ten 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 currently has a consensus rating of “Moderate Buy” and a consensus target price of $192.88.

Philip Morris International Price Performance

PM stock opened at $181.94 on Tuesday. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $193.05. The firm has a market cap of $283.57 billion, a PE ratio of 25.59, a P/E/G ratio of 2.13 and a beta of 0.38. The firm has a 50 day simple moving average of $173.09 and a 200 day simple moving average of $170.10.

Philip Morris International (NYSE:PM) last released its earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating the consensus estimate of $1.83 by $0.13. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The business had revenue of $10.15 billion during the quarter, compared to analyst estimates of $9.95 billion. During the same period in the prior year, the business earned $1.69 earnings per share. The business’s quarterly revenue was up 9.1% on a year-over-year basis. 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, sell-side analysts expect that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

Philip Morris International Announces Dividend

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

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.