Philip Morris International Inc. $PM Stake Increased by Bleakley Financial Group LLC

Bleakley Financial Group LLC grew its holdings in Philip Morris International Inc. (NYSE:PM) by 3.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 111,153 shares of the company’s stock after purchasing an additional 4,209 shares during the period. Bleakley Financial Group LLC’s holdings in Philip Morris International were worth $17,829,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of PM. Schroder Investment Management Group increased its stake in shares of Philip Morris International by 10.2% in the third quarter. Schroder Investment Management Group now owns 302,173 shares of the company’s stock worth $49,251,000 after acquiring an additional 27,979 shares during the last quarter. Trajan Wealth LLC increased its stake in shares of Philip Morris International by 31.2% in the third quarter. Trajan Wealth LLC now owns 132,295 shares of the company’s stock worth $21,458,000 after acquiring an additional 31,490 shares during the last quarter. Stratos Wealth Partners LTD. increased its stake in shares of Philip Morris International by 23.6% in the third quarter. Stratos Wealth Partners LTD. now owns 43,926 shares of the company’s stock worth $7,125,000 after acquiring an additional 8,392 shares during the last quarter. Assetmark Inc. increased its stake in shares of Philip Morris International by 22.2% in the fourth quarter. Assetmark Inc. now owns 630,583 shares of the company’s stock worth $101,146,000 after acquiring an additional 114,618 shares during the last quarter. Finally, Global Retirement Partners LLC increased its stake in shares of Philip Morris International by 40.3% in the fourth quarter. Global Retirement Partners LLC now owns 67,177 shares of the company’s stock worth $10,775,000 after acquiring an additional 19,309 shares during the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Analysts Set New Price Targets

PM has been the topic of several analyst reports. Morgan Stanley lowered their target price on shares of Philip Morris International from $205.00 to $190.00 and set an “overweight” rating on the stock in a research report on Friday, April 17th. Needham & Company LLC reissued a “buy” rating and set a $200.00 target price on shares of Philip Morris International in a research report on Thursday, April 23rd. Stifel Nicolaus lowered their target price 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. Bank of America reissued a “buy” rating on shares of Philip Morris International in a research report on Thursday. Finally, Barclays reissued an “overweight” rating and set a $205.00 target price on shares of Philip Morris International in a research report on Monday, February 23rd. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Philip Morris International presently has a consensus rating of “Moderate Buy” and a consensus price target of $192.56.

Philip Morris International Price Performance

Philip Morris International stock opened at $189.26 on Tuesday. The company has a market capitalization of $294.97 billion, a price-to-earnings ratio of 26.62, a PEG ratio of 2.17 and a beta of 0.37. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $193.05. The company’s fifty day moving average price is $169.06 and its two-hundred day moving average price is $167.52.

Philip Morris International (NYSE:PM) last posted its earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.83 by $0.13. The firm had revenue of $10.15 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the prior 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. As a group, sell-side analysts anticipate that Philip Morris International Inc. will post 8.45 earnings per share for the current year.

Philip Morris International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, April 13th. Stockholders of record on Thursday, March 19th were given a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Thursday, March 19th. Philip Morris International’s dividend payout ratio (DPR) is currently 82.70%.

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.