ASO GROUP Ltd bought a new position in shares of Philip Morris International Inc. (NYSE:PM – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 11,284 shares of the company’s stock, valued at approximately $1,810,000. Philip Morris International makes up approximately 0.7% of ASO GROUP Ltd’s portfolio, making the stock its 23rd largest position.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. WealthPLAN Partners LLC raised its holdings in Philip Morris International by 11.3% during the fourth quarter. WealthPLAN Partners LLC now owns 1,716 shares of the company’s stock worth $275,000 after acquiring an additional 174 shares in the last quarter. Peterson Wealth Services raised its holdings in Philip Morris International by 2,114.9% during the fourth quarter. Peterson Wealth Services now owns 33,357 shares of the company’s stock worth $5,351,000 after acquiring an additional 31,851 shares in the last quarter. Resurgent Financial Advisors LLC raised its holdings in Philip Morris International by 3.7% during the fourth quarter. Resurgent Financial Advisors LLC now owns 1,523 shares of the company’s stock worth $244,000 after acquiring an additional 54 shares in the last quarter. RKL Wealth Management LLC raised its holdings in Philip Morris International by 1.9% during the fourth quarter. RKL Wealth Management LLC now owns 14,698 shares of the company’s stock worth $2,358,000 after acquiring an additional 270 shares in the last quarter. Finally, Caerus Investment Advisors LLC raised its holdings in Philip Morris International by 98.3% during the fourth quarter. Caerus Investment Advisors LLC now owns 3,474 shares of the company’s stock worth $557,000 after acquiring an additional 1,722 shares in the last quarter. Institutional investors own 78.63% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on PM shares. UBS Group dropped their target price on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a report on Friday, April 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Morgan Stanley upped their target price on Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, June 3rd. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Finally, Barclays reiterated an “overweight” rating and set a $205.00 target price on shares of Philip Morris International in a report on Monday, February 23rd. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $192.88.
Philip Morris International Stock Down 1.1%
Shares of NYSE PM opened at $180.94 on Friday. The business’s 50 day moving average price is $172.08 and its two-hundred day moving average price is $169.70. The company has a market cap of $282.00 billion, a PE ratio of 25.45, a price-to-earnings-growth ratio of 2.11 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 – Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.13. The firm had revenue of $10.15 billion for the quarter, compared to the consensus estimate 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 quarter 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. As a group, research analysts anticipate that Philip Morris International Inc. will post 8.4 EPS for the current fiscal year.
Philip Morris International Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, July 20th. Shareholders of record on Thursday, June 25th will be given a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Thursday, June 25th. Philip Morris International’s payout ratio is 82.70%.
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.
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