Fifth Third Wealth Advisors LLC Increases Position in Philip Morris International Inc. $PM

Fifth Third Wealth Advisors LLC raised its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 28.5% in the first quarter, Holdings Channel.com reports. The firm owned 65,139 shares of the company’s stock after purchasing an additional 14,459 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Philip Morris International were worth $10,770,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. AG Campbell Advisory LLC purchased a new position in Philip Morris International during the fourth quarter valued at $25,000. Portfolio Resources Advisor Group Inc. bought a new position in shares of Philip Morris International during the fourth quarter valued at $26,000. Dogwood Wealth Management LLC increased its holdings in shares of Philip Morris International by 96.5% during the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after acquiring an additional 82 shares in the last quarter. Richards Merrill & Peterson Inc. purchased a new position in shares of Philip Morris International in the 4th quarter worth about $28,000. Finally, Vermillion Wealth Management Inc. raised its position in shares of Philip Morris International by 146.5% in the 1st quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock worth $29,000 after purchasing an additional 104 shares during the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Performance

PM opened at $178.49 on Thursday. The stock has a market capitalization of $278.18 billion, a P/E ratio of 25.10, a P/E/G ratio of 2.07 and a beta of 0.38. The company’s 50-day simple moving average is $175.72 and its two-hundred day simple moving average is $171.30. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $193.05.

Philip Morris International (NYSE:PM) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.13. The firm had revenue of $10.15 billion during 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 business’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the previous year, the business posted $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. Research analysts forecast that Philip Morris International Inc. will post 8.4 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently declared 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 3.3%. The ex-dividend date of this dividend is Thursday, June 25th. Philip Morris International’s dividend payout ratio is presently 82.70%.

Wall Street Analyst Weigh In

Several analysts recently commented on PM shares. Stifel Nicolaus cut their price objective on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Needham & Company LLC reissued a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a research report on Thursday, April 23rd. UBS Group decreased their price objective on shares of 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, Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus 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.