Concentric Capital Strategies LP Buys New Position in Philip Morris International Inc. $PM

Concentric Capital Strategies LP bought a new stake in Philip Morris International Inc. (NYSE:PM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 63,766 shares of the company’s stock, valued at approximately $10,228,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Portfolio Resources Advisor Group Inc. acquired a new position in Philip Morris International in the 4th quarter valued at about $26,000. Dogwood Wealth Management LLC raised its stake 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 purchasing an additional 82 shares during the last quarter. Richards Merrill & Peterson Inc. acquired a new position in Philip Morris International in the 4th quarter valued at about $28,000. Entrust Financial LLC acquired a new position in Philip Morris International in the 4th quarter valued at about $31,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in Philip Morris International in the 3rd quarter valued at about $32,000. Institutional investors and hedge funds own 78.63% of the company’s stock.

Philip Morris International Price Performance

PM opened at $179.43 on Thursday. The stock has a market capitalization of $279.64 billion, a price-to-earnings ratio of 25.24, a price-to-earnings-growth ratio of 2.13 and a beta of 0.38. The business has a 50-day moving average of $174.01 and a two-hundred day moving average of $170.46. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $193.05.

Philip Morris International (NYSE:PM) last posted its quarterly 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. The company had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The firm’s revenue was up 9.1% on a year-over-year basis. During the same quarter in the previous 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. Equities research analysts anticipate 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 issued a dividend of $1.47 per share. The ex-dividend date is Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.3%. Philip Morris International’s payout ratio is presently 82.70%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Barclays reissued an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a research note on Monday, February 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Needham & Company LLC restated a “buy” rating and issued a $200.00 price target on shares of Philip Morris International in a report on Thursday, April 23rd. UBS Group lowered their price target on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a report on Friday, April 17th. Finally, Stifel Nicolaus lowered their price target on Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a report on Friday, April 10th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $192.88.

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.