Philip Morris International Inc. $PM Position Lifted by Capital World Investors

Capital World Investors increased its stake in Philip Morris International Inc. (NYSE:PM) by 2.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 132,355,726 shares of the company’s stock after buying an additional 3,579,399 shares during the period. Philip Morris International accounts for about 2.9% of Capital World Investors’ portfolio, making the stock its 5th largest position. Capital World Investors owned 8.50% of Philip Morris International worth $21,230,315,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in Philip Morris International by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 145,262,397 shares of the company’s stock worth $23,300,088,000 after buying an additional 1,793,949 shares during the period. Capital International Investors increased its stake in Philip Morris International by 13.7% in the 4th quarter. Capital International Investors now owns 101,377,875 shares of the company’s stock worth $16,262,967,000 after buying an additional 12,227,004 shares during the period. Capital Research Global Investors increased its stake in Philip Morris International by 25.3% in the 4th quarter. Capital Research Global Investors now owns 54,559,706 shares of the company’s stock worth $8,751,407,000 after buying an additional 11,013,173 shares during the period. Northern Trust Corp increased its stake in Philip Morris International by 2.8% in the 3rd quarter. Northern Trust Corp now owns 14,701,879 shares of the company’s stock worth $2,384,645,000 after buying an additional 401,381 shares during the period. Finally, Franklin Resources Inc. increased its stake in Philip Morris International by 6.1% in the 3rd quarter. Franklin Resources Inc. now owns 13,559,071 shares of the company’s stock worth $2,199,281,000 after buying an additional 778,253 shares during the period. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Performance

NYSE:PM opened at $178.66 on Friday. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $193.05. The firm has a market cap of $278.45 billion, a P/E ratio of 25.13, a P/E/G ratio of 2.06 and a beta of 0.38. The firm 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 issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share (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 firm had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $9.95 billion. During the same quarter in the previous year, the firm earned $1.69 EPS. The company’s quarterly revenue 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. On average, research analysts predict that Philip Morris International Inc. will post 8.4 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Barclays reaffirmed an “overweight” rating and issued a $205.00 price target on shares of Philip Morris International in a research note on Monday, February 23rd. Bank of America restated a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Needham & Company LLC restated a “buy” rating and issued a $200.00 price target on shares of Philip Morris International in a report on Thursday, April 23rd. Finally, UBS Group reduced their price target on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” 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, Philip Morris International has an average rating of “Moderate Buy” and an average price target of $192.88.

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.