Bridges Investment Management Inc. Has $7.96 Million Stock Position in Philip Morris International Inc. $PM

Bridges Investment Management Inc. cut its stake in shares of Philip Morris International Inc. (NYSE:PM) by 7.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 49,619 shares of the company’s stock after selling 4,010 shares during the period. Bridges Investment Management Inc.’s holdings in Philip Morris International were worth $7,959,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of PM. Schroder Investment Management Group boosted its position in shares of Philip Morris International by 10.2% during the 3rd quarter. Schroder Investment Management Group now owns 302,173 shares of the company’s stock worth $49,251,000 after purchasing an additional 27,979 shares in the last quarter. Trajan Wealth LLC boosted its position in shares of Philip Morris International by 31.2% during the 3rd quarter. Trajan Wealth LLC now owns 132,295 shares of the company’s stock worth $21,458,000 after purchasing an additional 31,490 shares in the last quarter. Stratos Wealth Partners LTD. boosted its position in shares of Philip Morris International by 23.6% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 43,926 shares of the company’s stock worth $7,125,000 after purchasing an additional 8,392 shares in the last quarter. Assetmark Inc. boosted its position in shares of Philip Morris International by 22.2% during the 4th quarter. Assetmark Inc. now owns 630,583 shares of the company’s stock worth $101,146,000 after purchasing an additional 114,618 shares in the last quarter. Finally, Global Retirement Partners LLC boosted its position in shares of Philip Morris International by 40.3% during the 4th quarter. Global Retirement Partners LLC now owns 67,177 shares of the company’s stock worth $10,775,000 after purchasing an additional 19,309 shares in the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Stock Performance

NYSE:PM opened at $173.63 on Wednesday. The firm has a market cap of $270.62 billion, a price-to-earnings ratio of 24.42, a price-to-earnings-growth ratio of 1.99 and a beta of 0.38. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $193.05. The firm has a 50-day moving average price of $169.88 and a two-hundred day moving average price of $168.43.

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

Philip Morris International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were paid a $1.47 dividend. The ex-dividend date was Thursday, March 19th. This represents a $5.88 annualized dividend and a yield of 3.4%. Philip Morris International’s dividend payout ratio (DPR) is 82.70%.

Analyst Ratings Changes

Several brokerages recently weighed in on PM. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Citigroup raised their price target on shares of Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Morgan Stanley dropped their price target 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. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Finally, Stifel Nicolaus dropped their price target 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. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Philip Morris International presently has a consensus rating of “Moderate Buy” and an average price target of $192.56.

Key Stories Impacting Philip Morris International

Here are the key news stories impacting Philip Morris International this week:

• Positive Sentiment: Philip Morris reiterated that its smoke-free business remains a key growth engine, with management highlighting broad-based momentum led by IQOS at the dbAccess Global Consumer Conference. Article: Philip Morris International Participates in 2026 dbAccess Global Consumer Conference; Updates 2026 Full-Year Diluted EPS Forecast for Currency and Non-Cash Impairment Only
• Positive Sentiment: The company said the EPS forecast change is tied to currency and a non-cash impairment rather than a collapse in underlying demand, which may limit the longer-term impact if operating trends hold up. Article: Philip Morris International Participates in 2026 dbAccess Global Consumer Conference; Updates 2026 Full-Year Diluted EPS Forecast for Currency and Non-Cash Impairment Only
• Neutral Sentiment: Management presentation at the global consumer conference may provide more detail on strategy and category growth, but by itself does not materially change the story. Article: Philip Morris International Inc. (PM) Presents at 23rd annual dbAccess Global Consumer Conference Transcript
• Negative Sentiment: Philip Morris cut its annual profit forecast after a $500 million write-down of its Canadian investment, signaling lower expected earnings this year. Article: Philip Morris Cuts Outlook on $500 Million Canada Writedown
• Negative Sentiment: Reuters reported the company also sees margin pressure from higher energy costs, currency swings, and weaker pricing power as consumers become more cautious. Article: Philip Morris cuts annual profit forecast on cost pressure, weak pricing power

Philip Morris International 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.