Eurizon Capital SGR S.p.A. Takes Position in Philip Morris International Inc. $PM

Eurizon Capital SGR S.p.A. purchased a new stake in shares of Philip Morris International Inc. (NYSE:PM) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 604,580 shares of the company’s stock, valued at approximately $97,096,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of PM. Capital Research Global Investors lifted its position in shares of Philip Morris International by 7.2% during the 3rd quarter. Capital Research Global Investors now owns 43,546,533 shares of the company’s stock valued at $7,063,263,000 after acquiring an additional 2,911,835 shares during the period. Capital World Investors lifted its position in shares of Philip Morris International by 2.2% during the 3rd quarter. Capital World Investors now owns 128,776,327 shares of the company’s stock valued at $20,887,743,000 after acquiring an additional 2,714,674 shares during the period. Massachusetts Financial Services Co. MA lifted its position in shares of Philip Morris International by 36.3% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 9,301,112 shares of the company’s stock valued at $1,491,898,000 after acquiring an additional 2,475,204 shares during the period. SG Americas Securities LLC lifted its position in shares of Philip Morris International by 1,547.2% during the 4th quarter. SG Americas Securities LLC now owns 2,260,217 shares of the company’s stock valued at $362,539,000 after acquiring an additional 2,123,002 shares during the period. Finally, Lone Pine Capital LLC lifted its position in shares of Philip Morris International by 67.3% during the 3rd quarter. Lone Pine Capital LLC now owns 4,614,443 shares of the company’s stock valued at $748,463,000 after acquiring an additional 1,856,749 shares during the period. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on PM. Barclays reiterated an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a research report on Monday, February 23rd. Stifel Nicolaus cut their price objective 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. Citigroup lifted their price objective on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Needham & Company LLC restated a “buy” rating and set a $200.00 price objective on shares of Philip Morris International in a research report on Thursday, April 23rd. Finally, Morgan Stanley cut their price objective 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. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Philip Morris International has an average rating of “Moderate Buy” and a consensus price target of $192.56.

Philip Morris International Price Performance

Shares of Philip Morris International stock opened at $177.67 on Friday. The company has a market capitalization of $276.91 billion, a P/E ratio of 24.99, a P/E/G ratio of 2.05 and a beta of 0.37. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $193.05. The business has a 50 day moving average price of $169.70 and a 200 day moving average price of $168.22.

Philip Morris International (NYSE:PM) last released 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 during the quarter, compared to analysts’ expectations of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. Philip Morris International’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.69 EPS. 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, research analysts expect that Philip Morris International Inc. will post 8.45 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were paid a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Thursday, March 19th. Philip Morris International’s payout ratio is presently 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.