Fund Advisors of America Inc FL Buys Shares of 6,192 Philip Morris International Inc. $PM

Fund Advisors of America Inc FL acquired a new position in shares of Philip Morris International Inc. (NYSE:PM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,192 shares of the company’s stock, valued at approximately $993,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. AG Campbell Advisory LLC bought a new position in Philip Morris International in the fourth quarter worth $25,000. Portfolio Resources Advisor Group Inc. bought a new stake in Philip Morris International in the 4th quarter valued at $26,000. Dogwood Wealth Management LLC increased its holdings in Philip Morris International by 96.5% in the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after buying an additional 82 shares during the period. Richards Merrill & Peterson Inc. acquired a new position in shares of Philip Morris International in the 4th quarter valued at $28,000. Finally, Safe Harbor Fiduciary LLC bought a new position in shares of Philip Morris International during the 4th quarter worth about $29,000. 78.63% of the stock is currently owned by institutional investors.

Philip Morris International Stock Up 0.2%

Shares of PM stock opened at $178.68 on Friday. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $193.05. The firm has a fifty day moving average of $174.79 and a 200-day moving average of $170.67. The firm has a market capitalization of $278.48 billion, a price-to-earnings ratio of 25.13, a price-to-earnings-growth ratio of 2.06 and a beta of 0.38.

Philip Morris International (NYSE:PM) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. During the same period last year, the business earned $1.69 EPS. The business’s quarterly revenue was up 9.1% on a year-over-year basis. 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. Research analysts expect that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

Philip Morris International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 20th. Investors of record on Thursday, June 25th will be issued a dividend of $1.47 per share. The ex-dividend date is Thursday, June 25th. This represents a $5.88 annualized dividend and a yield of 3.3%. Philip Morris International’s dividend payout ratio is presently 82.70%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on PM. UBS Group decreased 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 research report on Friday, April 17th. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Barclays restated an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a research note on Monday, February 23rd. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Finally, Stifel Nicolaus lowered their price objective on Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Ten investment 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, the company has a consensus rating of “Moderate Buy” and a consensus 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.