Piedmont Capital Management LLC NC Invests $762,000 in Philip Morris International Inc. $PM

Piedmont Capital Management LLC NC acquired a new position in shares of Philip Morris International Inc. (NYSE:PM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,751 shares of the company’s stock, valued at approximately $762,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Resurgent Financial Advisors LLC increased its holdings in shares of Philip Morris International by 3.7% during the 4th quarter. Resurgent Financial Advisors LLC now owns 1,523 shares of the company’s stock worth $244,000 after purchasing an additional 54 shares during the period. Douglass Winthrop Advisors LLC increased its holdings in shares of Philip Morris International by 0.3% during the 4th 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 during the period. Outlook Wealth Advisors LLC increased its holdings in shares of Philip Morris International by 4.6% during the 4th quarter. Outlook Wealth Advisors LLC now owns 1,320 shares of the company’s stock worth $212,000 after purchasing an additional 58 shares during the period. Tranquility Partners LLC increased its holdings in shares of Philip Morris International by 2.4% during the 4th 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. Finally, Stonebridge Financial Group LLC increased its holdings in shares of Philip Morris International by 2.2% during the 4th quarter. Stonebridge Financial Group LLC now owns 2,763 shares of the company’s stock worth $443,000 after purchasing an additional 60 shares during the period. Institutional investors own 78.63% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Barclays restated an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. Morgan Stanley lifted their target price on shares of Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, June 3rd. Needham & Company LLC reiterated a “buy” rating and set 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. Finally, UBS Group decreased their target price 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. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $192.88.

Philip Morris International Stock Performance

Shares of Philip Morris International stock opened at $184.41 on Monday. The firm’s 50-day simple moving average is $172.61 and its 200-day simple moving average is $169.93. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $193.05. The firm has a market cap of $287.41 billion, a P/E ratio of 25.94, a price-to-earnings-growth ratio of 2.13 and a beta of 0.38.

Philip Morris International (NYSE:PM) last issued its 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 business had revenue of $10.15 billion for the quarter, compared to analyst estimates of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The firm’s revenue was up 9.1% on a year-over-year basis. During the same period 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. On average, equities analysts forecast that Philip Morris International Inc. will post 8.4 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

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