Garde Capital Inc. Decreases Stock Holdings in Philip Morris International Inc. $PM

Garde Capital Inc. trimmed its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 48.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,241 shares of the company’s stock after selling 3,006 shares during the quarter. Garde Capital Inc.’s holdings in Philip Morris International were worth $520,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Tranquility Partners LLC increased its position in shares of Philip Morris International by 2.4% during the fourth quarter. Tranquility Partners LLC now owns 2,489 shares of the company’s stock valued at $399,000 after acquiring an additional 59 shares during the last quarter. Stonebridge Financial Group LLC increased its position in shares of Philip Morris International by 2.2% during the fourth quarter. Stonebridge Financial Group LLC now owns 2,763 shares of the company’s stock valued at $443,000 after acquiring an additional 60 shares during the last quarter. Capital Advisors Wealth Management LLC increased its position in shares of Philip Morris International by 1.8% during the fourth quarter. Capital Advisors Wealth Management LLC now owns 3,372 shares of the company’s stock valued at $541,000 after acquiring an additional 61 shares during the last quarter. CFO4Life Group LLC increased its position in shares of Philip Morris International by 1.5% during the fourth quarter. CFO4Life Group LLC now owns 4,212 shares of the company’s stock valued at $676,000 after acquiring an additional 61 shares during the last quarter. Finally, Townsend Asset Management Corp NC ADV increased its position in shares of Philip Morris International by 2.4% during the fourth quarter. Townsend Asset Management Corp NC ADV now owns 2,662 shares of the company’s stock valued at $427,000 after acquiring an additional 62 shares during the last quarter. 78.63% of the stock is owned by hedge funds and other institutional investors.

Philip Morris International Price Performance

NYSE:PM opened at $178.64 on Friday. The business has a fifty day simple moving average of $169.46 and a two-hundred day simple moving average of $168.16. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $193.05. The company has a market capitalization of $278.42 billion, a P/E ratio of 25.12, a P/E/G ratio of 2.09 and a beta of 0.37.

Philip Morris International (NYSE:PM) last released its earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.13. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The business had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.95 billion. During the same period last year, the business posted $1.69 earnings per share. The business’s revenue for the quarter was up 9.1% on a year-over-year basis. 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, analysts anticipate that Philip Morris International Inc. will post 8.45 earnings per share for the current year.

Philip Morris International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 13th. Stockholders of record on Thursday, March 19th were issued a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Thursday, March 19th. Philip Morris International’s dividend payout ratio (DPR) is presently 82.70%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on PM. Citigroup increased their price target on Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Needham & Company LLC reaffirmed a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a research report on Thursday, April 23rd. Stifel Nicolaus decreased their target price on Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Morgan Stanley decreased their target price on Philip Morris International from $205.00 to $190.00 and set an “overweight” rating for the company in a research report on Friday, April 17th. Finally, Barclays reissued an “overweight” rating and issued 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 given a Hold rating to the stock. According to MarketBeat.com, Philip Morris International has an average rating of “Moderate Buy” and an average target price of $192.56.

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.