CPC Advisors LLC Buys 15,611 Shares of Philip Morris International Inc. $PM

CPC Advisors LLC boosted its stake in Philip Morris International Inc. (NYSE:PM) by 90.5% in the first quarter, HoldingsChannel reports. The firm owned 32,859 shares of the company’s stock after buying an additional 15,611 shares during the period. Philip Morris International makes up about 0.9% of CPC Advisors LLC’s portfolio, making the stock its 19th largest position. CPC Advisors LLC’s holdings in Philip Morris International were worth $5,433,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of PM. AG Campbell Advisory LLC acquired a new position in shares of Philip Morris International during the fourth quarter valued at about $25,000. Portfolio Resources Advisor Group Inc. acquired a new stake in shares of Philip Morris International in the 4th quarter valued at about $26,000. Dogwood Wealth Management LLC grew its stake in shares of 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. bought a new stake in Philip Morris International in the 4th quarter valued at about $28,000. Finally, Safe Harbor Fiduciary LLC bought a new stake in Philip Morris International in the 4th quarter valued at about $29,000. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. UBS Group dropped their price target on 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. Barclays reissued an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a research note on Monday, February 23rd. Stifel Nicolaus decreased their price objective on Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a report on Friday, April 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $200.00 target price on shares of Philip Morris International in a report on Thursday, April 23rd. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Philip Morris International presently has a consensus rating of “Moderate Buy” and a consensus target price of $192.88.

Philip Morris International Price Performance

NYSE:PM opened at $178.68 on Monday. The firm has a 50-day moving average of $174.79 and a 200-day moving average of $170.77. The company has a market cap of $278.48 billion, a PE ratio of 25.13, a PEG ratio of 2.06 and a beta of 0.38. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $193.05.

Philip Morris International (NYSE:PM) last posted its 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. 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 analyst estimates of $9.95 billion. During the same quarter in the prior year, the business posted $1.69 EPS. The firm’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, equities research analysts expect that Philip Morris International Inc. will post 8.4 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

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

About Philip Morris International

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.