Philip Morris International Inc. $PM is 3Chopt Investment Partners LLC’s 10th Largest Position

3Chopt Investment Partners LLC boosted its stake in Philip Morris International Inc. (NYSE:PM) by 8.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 40,273 shares of the company’s stock after acquiring an additional 2,967 shares during the quarter. Philip Morris International comprises about 1.5% of 3Chopt Investment Partners LLC’s portfolio, making the stock its 10th largest position. 3Chopt Investment Partners LLC’s holdings in Philip Morris International were worth $6,519,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of PM. Dogwood Wealth Management LLC grew its holdings in Philip Morris International by 96.5% in the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after purchasing an additional 82 shares during the period. Richards Merrill & Peterson Inc. purchased a new stake in Philip Morris International in the fourth quarter valued at approximately $28,000. Entrust Financial LLC purchased a new stake in Philip Morris International in the fourth quarter valued at approximately $31,000. Measured Wealth Private Client Group LLC purchased a new stake in Philip Morris International in the third quarter valued at approximately $32,000. Finally, FNY Investment Advisers LLC purchased a new stake in Philip Morris International in the third quarter valued at approximately $33,000. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Philip Morris International Stock Down 2.8%

PM opened at $172.45 on Tuesday. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $193.05. The company has a 50 day moving average of $169.88 and a two-hundred day moving average of $168.43. The company has a market cap of $268.77 billion, a P/E ratio of 24.25, a P/E/G ratio of 2.04 and a beta of 0.38.

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

Philip Morris International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 13th. Stockholders of record on Thursday, March 19th were given a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend was Thursday, March 19th. Philip Morris International’s payout ratio is presently 82.70%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Barclays restated an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a report on Monday, February 23rd. Bank of America restated a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Needham & Company LLC restated a “buy” rating and issued a $200.00 target price on shares of Philip Morris International in a report on Thursday, April 23rd. Finally, Morgan Stanley lowered their target price on shares of Philip Morris International from $205.00 to $190.00 and set an “overweight” rating for the company in a report on Friday, April 17th. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $192.56.

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.