SmartHarvest Portfolios LLC Takes $944,000 Position in Philip Morris International Inc. $PM

SmartHarvest Portfolios LLC acquired a new stake in Philip Morris International Inc. (NYSE:PM) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,888 shares of the company’s stock, valued at approximately $944,000.

Several other institutional investors have also modified their holdings of the company. Empowered Funds LLC lifted its holdings in shares of Philip Morris International by 52.2% in the fourth quarter. Empowered Funds LLC now owns 129,632 shares of the company’s stock valued at $20,793,000 after buying an additional 44,441 shares during the period. Dorsey & Whitney Trust CO LLC lifted its holdings in shares of Philip Morris International by 4.8% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 12,974 shares of the company’s stock valued at $2,081,000 after buying an additional 589 shares during the period. Mitchell Mcleod Pugh & Williams Inc. lifted its holdings in shares of Philip Morris International by 2.8% in the fourth quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 9,829 shares of the company’s stock valued at $1,577,000 after buying an additional 265 shares during the period. Smithbridge Asset Management Inc. DE acquired a new stake in shares of Philip Morris International in the fourth quarter valued at $321,000. Finally, M Holdings Securities Inc. purchased a new stake in shares of Philip Morris International during the fourth quarter valued at $1,651,000. Institutional investors and hedge funds own 78.63% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Needham & Company LLC reaffirmed a “buy” rating and set a $200.00 target price on shares of Philip Morris International in a report on Thursday, April 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. UBS Group reduced their target price 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, Barclays reaffirmed an “overweight” rating and set a $205.00 target price on shares of Philip Morris International in a report on Monday, February 23rd. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $192.88.

Philip Morris International Trading Down 1.1%

NYSE:PM opened at $180.94 on Friday. 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. The business’s fifty day moving average price is $172.08 and its 200 day moving average price is $169.70.

Philip Morris International (NYSE:PM) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, beating the consensus estimate 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 negative return on equity of 142.02% and a net margin of 11.61%.Philip Morris International’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.69 earnings per share. 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 forecast that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

Philip Morris International Dividend Announcement

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