Alps Advisors Inc. Buys 6,096 Shares of Philip Morris International Inc. $PM

Alps Advisors Inc. raised its position in Philip Morris International Inc. (NYSE:PMFree Report) by 3.6% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 174,973 shares of the company’s stock after acquiring an additional 6,096 shares during the period. Alps Advisors Inc.’s holdings in Philip Morris International were worth $28,381,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in PM. Legacy Investment Solutions LLC acquired a new position in shares of Philip Morris International in the second quarter valued at $25,000. Traub Capital Management LLC bought a new position in Philip Morris International in the 2nd quarter valued at approximately $25,000. Marquette Asset Management LLC boosted its position in Philip Morris International by 1,677.8% during the 3rd quarter. Marquette Asset Management LLC now owns 160 shares of the company’s stock worth $26,000 after buying an additional 151 shares during the period. Estabrook Capital Management bought a new position in shares of Philip Morris International during the second quarter worth about $30,000. Finally, Briaud Financial Planning Inc grew its holdings in Philip Morris International by 266.7% during the 2nd quarter. Briaud Financial Planning Inc now owns 165 shares of the company’s stock worth $30,000 after acquiring an additional 120 shares during the period. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Stock Up 0.4%

NYSE PM opened at $182.78 on Friday. The firm has a market capitalization of $284.52 billion, a P/E ratio of 25.14, a PEG ratio of 1.97 and a beta of 0.39. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $186.69. The company has a 50-day moving average price of $163.99 and a 200-day moving average price of $161.51.

Philip Morris International (NYSE:PMGet Free Report) last released its earnings results on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, meeting the consensus estimate of $1.70. Philip Morris International had a negative return on equity of 122.14% and a net margin of 9.33%.The company had revenue of $10.36 billion for the quarter, compared to the consensus estimate of $10.40 billion. During the same period in the previous year, the business earned $1.55 earnings per share. Philip Morris International’s quarterly revenue was up 6.8% compared to the same quarter last year. Philip Morris International has set its Q1 2026 guidance at 1.800-1.850 EPS and its FY 2026 guidance at 8.380-8.530 EPS. As a group, equities research analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Friday, December 26th were paid a dividend of $1.47 per share. The ex-dividend date was Friday, December 26th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.2%. Philip Morris International’s payout ratio is 106.52%.

Trending Headlines about Philip Morris International

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Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Jefferies Financial Group downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating and reduced their price target for the company from $220.00 to $180.00 in a research report on Tuesday, January 20th. JPMorgan Chase & Co. dropped their price objective on Philip Morris International from $190.00 to $185.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. Stifel Nicolaus set a $180.00 target price on Philip Morris International in a research report on Tuesday, October 21st. Morgan Stanley set a $175.00 price target on shares of Philip Morris International and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. Finally, Barclays decreased their target price on Philip Morris International from $220.00 to $180.00 and set an “overweight” rating for the company in a report on Monday, November 17th. Eleven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $184.56.

View Our Latest Research Report on PM

About Philip Morris International

(Free Report)

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.

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Institutional Ownership by Quarter for Philip Morris International (NYSE:PM)

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