Capital Research Global Investors Increases Holdings in Philip Morris International Inc. $PM

Capital Research Global Investors boosted its stake in shares of Philip Morris International Inc. (NYSE:PM) by 25.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 54,559,706 shares of the company’s stock after acquiring an additional 11,013,173 shares during the quarter. Philip Morris International accounts for 1.6% of Capital Research Global Investors’ holdings, making the stock its 12th largest position. Capital Research Global Investors owned approximately 3.50% of Philip Morris International worth $8,751,407,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Tranquility Partners LLC raised its position in 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 in the last quarter. Stonebridge Financial Group LLC raised its position in 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 in the last quarter. Heritage Trust Co raised its position in Philip Morris International by 2.4% during the fourth quarter. Heritage Trust Co now owns 2,554 shares of the company’s stock valued at $410,000 after acquiring an additional 60 shares in the last quarter. Capital Advisors Wealth Management LLC raised its position in 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 in the last quarter. Finally, CFO4Life Group LLC raised its position in 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 in the last quarter. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. 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. Morgan Stanley lifted their price target on Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Needham & Company LLC reiterated a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a research report on Thursday, April 23rd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Philip Morris International has an average rating of “Moderate Buy” and an average price target of $192.88.

Philip Morris International Price Performance

Philip Morris International stock opened at $178.66 on Friday. The stock has a market capitalization of $278.45 billion, a PE ratio of 25.13, a price-to-earnings-growth ratio of 2.06 and a beta of 0.38. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $193.05. The business has a 50 day simple moving average of $170.84 and a 200-day simple moving average of $168.91.

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 analysts’ consensus estimates of $1.83 by $0.13. The business had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The business’s revenue was up 9.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.69 earnings per share. 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, equities research analysts anticipate that Philip Morris International Inc. will post 8.4 EPS for the current fiscal year.

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.