Capital International Investors Raises Holdings in Philip Morris International Inc. $PM

Capital International Investors raised its position in shares of Philip Morris International Inc. (NYSE:PM) by 13.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 101,377,875 shares of the company’s stock after acquiring an additional 12,227,004 shares during the quarter. Philip Morris International comprises 2.5% of Capital International Investors’ investment portfolio, making the stock its 7th biggest holding. Capital International Investors owned about 6.51% of Philip Morris International worth $16,262,967,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Tradition Wealth Management LLC boosted its position in shares of Philip Morris International by 4.1% during the 4th quarter. Tradition Wealth Management LLC now owns 4,985 shares of the company’s stock worth $800,000 after purchasing an additional 195 shares in the last quarter. Valtrion Capital Management LLC boosted its position in shares of Philip Morris International by 7.0% during the 4th quarter. Valtrion Capital Management LLC now owns 4,163 shares of the company’s stock worth $668,000 after purchasing an additional 272 shares in the last quarter. Havemeyer Place LP bought a new position in shares of Philip Morris International during the 4th quarter worth about $4,184,000. Vestcor Inc boosted its position in shares of Philip Morris International by 0.4% during the 4th quarter. Vestcor Inc now owns 123,436 shares of the company’s stock worth $19,799,000 after purchasing an additional 508 shares in the last quarter. Finally, Lowe Brockenbrough & Co. Inc. boosted its position in shares of Philip Morris International by 67.7% during the 4th quarter. Lowe Brockenbrough & Co. Inc. now owns 62,668 shares of the company’s stock worth $10,052,000 after purchasing an additional 25,305 shares in the last quarter. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Performance

Shares of NYSE PM opened at $178.66 on Friday. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $193.05. The stock has a market cap of $278.45 billion, a price-to-earnings ratio of 25.13, a PEG ratio of 2.06 and a beta of 0.38. The firm’s 50-day simple moving average is $170.84 and its 200 day simple moving average is $168.91.

Philip Morris International (NYSE:PM) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.13. The business had revenue of $10.15 billion for 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%. The firm’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter last year, the firm 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. On average, sell-side analysts predict that Philip Morris International Inc. will post 8.4 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on PM shares. UBS Group cut their price objective on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a research report on Friday, April 17th. Barclays reissued an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a research report on Monday, February 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Citigroup increased their price objective on shares of Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Finally, Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $192.88.

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.