FNY Investment Advisers LLC Invests $5.01 Million in Philip Morris International Inc. $PM

FNY Investment Advisers LLC acquired a new position in shares of Philip Morris International Inc. (NYSE:PM) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 27,690 shares of the company’s stock, valued at approximately $5,009,000. Philip Morris International accounts for about 1.8% of FNY Investment Advisers LLC’s investment portfolio, making the stock its 7th biggest holding.

A number of other large investors have also made changes to their positions in PM. AG Campbell Advisory LLC acquired a new position in Philip Morris International in the 4th quarter valued at approximately $25,000. Portfolio Resources Advisor Group Inc. bought a new stake in shares of Philip Morris International in the 4th quarter worth approximately $26,000. Richards Merrill & Peterson Inc. acquired a new stake in shares of Philip Morris International during the 4th quarter worth approximately $28,000. Vermillion Wealth Management Inc. grew its holdings in shares of Philip Morris International by 146.5% during 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 in the last quarter. Finally, Safe Harbor Fiduciary LLC bought a new stake in shares of Philip Morris International during the fourth quarter valued at approximately $29,000. Institutional investors and hedge funds own 78.63% of the company’s stock.

Philip Morris International Trading Down 0.5%

NYSE PM opened at $187.95 on Friday. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $207.76. The company has a 50 day moving average of $183.77 and a 200-day moving average of $177.33. The firm has a market cap of $292.95 billion, a price-to-earnings ratio of 27.00, a PEG ratio of 2.28 and a beta of 0.38.

Philip Morris International (NYSE:PM) last announced its earnings results on Wednesday, July 22nd. The company reported $2.20 EPS for the quarter, topping the consensus estimate of $2.05 by $0.15. The business had revenue of $11.19 billion for the quarter, compared to the consensus estimate of $10.60 billion. Philip Morris International had a negative return on equity of 163.41% and a net margin of 11.06%.Philip Morris International’s revenue was up 10.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.89 EPS. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. On average, analysts forecast that Philip Morris International Inc. will post 8.33 earnings per share for the current year.

Philip Morris International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Thursday, June 25th were given a $1.47 dividend. The ex-dividend date was Thursday, June 25th. This represents a $5.88 annualized dividend and a yield of 3.1%. Philip Morris International’s payout ratio is presently 84.48%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on PM shares. BTIG Research set a $221.00 target price on Philip Morris International and gave the stock a “buy” rating in a research report on Friday, July 24th. Citigroup boosted their price target on shares of Philip Morris International from $210.00 to $225.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Barclays increased their price objective on shares of Philip Morris International from $205.00 to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Finally, Morgan Stanley increased their price target on shares of Philip Morris International from $200.00 to $215.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $205.89.

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.