Tandem Financial LLC Purchases 3,600 Shares of Philip Morris International Inc. $PM

Tandem Financial LLC lifted its position in Philip Morris International Inc. (NYSE:PM) by 25.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,838 shares of the company’s stock after purchasing an additional 3,600 shares during the quarter. Philip Morris International comprises approximately 2.8% of Tandem Financial LLC’s portfolio, making the stock its 11th largest holding. Tandem Financial LLC’s holdings in Philip Morris International were worth $2,861,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in PM. Dogwood Wealth Management LLC increased its holdings in shares of Philip Morris International by 96.5% in the third 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. bought a new position in shares of Philip Morris International in the fourth quarter worth $28,000. Entrust Financial LLC bought a new position in shares of Philip Morris International in the fourth quarter worth $31,000. Measured Wealth Private Client Group LLC bought a new position in shares of Philip Morris International in the third quarter worth $32,000. Finally, FNY Investment Advisers LLC bought a new position in shares of Philip Morris International in the third quarter worth $33,000. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Down 2.8%

NYSE PM opened at $172.45 on Tuesday. The company has a 50-day simple moving average of $169.88 and a two-hundred day simple moving average of $168.43. 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 $268.77 billion, a price-to-earnings ratio of 24.25, a PEG ratio of 2.04 and a beta of 0.37.

Philip Morris International (NYSE:PM) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (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 posted $1.69 earnings per share. The company’s 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. Equities analysts expect that Philip Morris International Inc. will post 8.45 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were given a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.4%. The ex-dividend date was Thursday, March 19th. Philip Morris International’s dividend payout ratio is presently 82.70%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on PM shares. Barclays reiterated an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a research report on Monday, February 23rd. Needham & Company LLC reiterated a “buy” rating and issued a $200.00 target price on shares of Philip Morris International in a research report on Thursday, April 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Finally, 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 report on Friday, April 17th. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Philip Morris International has a consensus rating of “Moderate Buy” and a consensus price target of $192.56.

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.