Philip Morris International Inc. $PM Holdings Cut by CenterBook Partners LP

CenterBook Partners LP lowered its holdings in Philip Morris International Inc. (NYSE:PM) by 43.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,257 shares of the company’s stock after selling 34,973 shares during the period. CenterBook Partners LP’s holdings in Philip Morris International were worth $7,420,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Tranquility Partners LLC lifted its holdings in Philip Morris International by 2.4% in the fourth quarter. Tranquility Partners LLC now owns 2,489 shares of the company’s stock worth $399,000 after acquiring an additional 59 shares during the last quarter. Stonebridge Financial Group LLC lifted its holdings in Philip Morris International by 2.2% in the fourth quarter. Stonebridge Financial Group LLC now owns 2,763 shares of the company’s stock worth $443,000 after acquiring an additional 60 shares during the last quarter. Heritage Trust Co lifted its holdings in Philip Morris International by 2.4% in the fourth quarter. Heritage Trust Co now owns 2,554 shares of the company’s stock worth $410,000 after acquiring an additional 60 shares during the last quarter. Capital Advisors Wealth Management LLC lifted its holdings in Philip Morris International by 1.8% in the fourth quarter. Capital Advisors Wealth Management LLC now owns 3,372 shares of the company’s stock worth $541,000 after acquiring an additional 61 shares during the last quarter. Finally, CFO4Life Group LLC lifted its holdings in Philip Morris International by 1.5% in the fourth quarter. CFO4Life Group LLC now owns 4,212 shares of the company’s stock worth $676,000 after acquiring an additional 61 shares during the last quarter. Institutional investors own 78.63% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. UBS Group cut their target price on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a report on Friday, April 17th. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. 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 report on Wednesday. Barclays reaffirmed an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a report on Monday, February 23rd. Finally, Stifel Nicolaus cut their price target on Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Ten research 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 currently has an average rating of “Moderate Buy” and a consensus target price of $192.88.

Philip Morris International Trading Up 0.2%

PM opened at $178.66 on Monday. The business’s 50 day moving average is $170.84 and its 200-day moving average is $169.02. The stock has a market cap 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 twelve month low of $142.11 and a twelve month high of $193.05.

Philip Morris International (NYSE:PM) last released its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The company had revenue of $10.15 billion for the quarter, compared to analysts’ expectations of $9.95 billion. During the same quarter 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. As a group, analysts forecast that Philip Morris International Inc. will post 8.4 EPS for the current year.

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.