Philip Morris International Inc. $PM Shares Bought by Keybank National Association OH

Keybank National Association OH increased its stake in shares of Philip Morris International Inc. (NYSE:PM) by 90.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 298,200 shares of the company’s stock after buying an additional 141,460 shares during the quarter. Keybank National Association OH’s holdings in Philip Morris International were worth $49,304,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of PM. Resurgent Financial Advisors LLC boosted its holdings in shares of Philip Morris International by 3.7% in the fourth quarter. Resurgent Financial Advisors LLC now owns 1,523 shares of the company’s stock valued at $244,000 after acquiring an additional 54 shares in the last quarter. Douglass Winthrop Advisors LLC raised its holdings in Philip Morris International by 0.3% during the fourth quarter. Douglass Winthrop Advisors LLC now owns 18,344 shares of the company’s stock worth $2,942,000 after purchasing an additional 56 shares in the last quarter. Outlook Wealth Advisors LLC raised its holdings in Philip Morris International by 4.6% during the fourth quarter. Outlook Wealth Advisors LLC now owns 1,320 shares of the company’s stock worth $212,000 after purchasing an additional 58 shares in the last quarter. Aristotle Capital Management LLC lifted its position in Philip Morris International by 4.4% in the fourth quarter. Aristotle Capital Management LLC now owns 1,384 shares of the company’s stock worth $222,000 after purchasing an additional 58 shares during the period. Finally, Tranquility Partners LLC lifted its position in Philip Morris International by 2.4% in the fourth quarter. Tranquility Partners LLC now owns 2,489 shares of the company’s stock worth $399,000 after purchasing an additional 59 shares during the period. Institutional investors own 78.63% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Stifel Nicolaus cut their price objective 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. Morgan Stanley raised their target price on Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, June 3rd. UBS Group lifted their target price on Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a report on Thursday. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $200.00 price target on shares of Philip Morris International in a research report on Thursday, April 23rd. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $194.62.

Philip Morris International Stock Performance

Philip Morris International stock opened at $182.52 on Friday. The firm has a market cap of $284.47 billion, a price-to-earnings ratio of 25.67, a price-to-earnings-growth ratio of 2.07 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. The firm’s 50 day moving average price is $178.56 and its two-hundred day moving average price is $172.60.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. The company 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 quarterly revenue was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. As a group, equities analysts predict that Philip Morris International Inc. will post 8.4 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The business 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. 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 is currently 82.70%.

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.