Brady Martz Wealth Solutions LLC Invests $491,000 in Philip Morris International Inc. $PM

Brady Martz Wealth Solutions LLC purchased a new stake in shares of Philip Morris International Inc. (NYSE:PM) during the first quarter, Holdings Channel.com reports. The institutional investor purchased 2,971 shares of the company’s stock, valued at approximately $491,000.

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

Analyst Ratings Changes

A number of research analysts recently commented on PM shares. UBS Group lowered their price objective on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a research note on Friday, April 17th. Bank of America restated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. 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, June 3rd. Finally, Stifel Nicolaus dropped 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 analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Philip Morris International presently has an average rating of “Moderate Buy” and an average price target of $192.88.

Philip Morris International Trading Up 0.2%

NYSE:PM opened at $178.68 on Friday. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $193.05. The company has a 50-day moving average of $174.79 and a 200-day moving average of $170.67. The firm has a market cap 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 announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) 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 for the quarter, compared to analysts’ expectations of $9.95 billion. During the same quarter in the previous year, the company posted $1.69 EPS. The business’s 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 forecast 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 declared a quarterly dividend, which will be paid on Monday, July 20th. Shareholders of record on Thursday, June 25th will be given a $1.47 dividend. 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 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.