Cardinal Point Capital Management ULC Has $12.10 Million Position in Philip Morris International Inc. $PM

Cardinal Point Capital Management ULC trimmed its stake in shares of Philip Morris International Inc. (NYSE:PM) by 4.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,201 shares of the company’s stock after selling 3,169 shares during the quarter. Cardinal Point Capital Management ULC’s holdings in Philip Morris International were worth $12,103,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in PM. AG Campbell Advisory LLC bought a new stake in shares of Philip Morris International during the fourth quarter worth $25,000. Portfolio Resources Advisor Group Inc. acquired a new position in shares of Philip Morris International during the fourth quarter worth $26,000. Dogwood Wealth Management LLC lifted 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 acquiring an additional 82 shares during the last quarter. Vermillion Wealth Management Inc. lifted its stake in shares of Philip Morris International by 146.5% in the 1st quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock valued at $29,000 after acquiring an additional 104 shares during the last quarter. Finally, Richards Merrill & Peterson Inc. acquired a new stake in shares of Philip Morris International during the 4th quarter valued at $28,000. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Down 0.1%

Shares of Philip Morris International stock opened at $178.49 on Thursday. The stock has a market cap of $278.18 billion, a price-to-earnings ratio of 25.10, a P/E/G ratio of 2.07 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. The company’s fifty day moving average is $175.72 and its 200 day moving average is $171.30.

Philip Morris International (NYSE:PM) last announced its earnings results 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. The business had revenue of $10.15 billion during the quarter, compared to analyst estimates of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.Philip Morris International’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period last year, the company earned $1.69 EPS. 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, equities analysts anticipate 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 given a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Thursday, June 25th. Philip Morris International’s dividend payout ratio (DPR) is 82.70%.

Analysts Set New Price Targets

PM has been the topic of a number of research reports. Bank of America restated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Needham & Company LLC reiterated a “buy” rating and issued a $200.00 target price on shares of Philip Morris International in a research report on Thursday, April 23rd. UBS Group cut 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. Morgan Stanley upped their price objective on Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, June 3rd. Finally, Stifel Nicolaus dropped their price objective on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a report on Friday, April 10th. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $192.88.

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.