Apella Capital LLC Acquires 13,773 Shares of Philip Morris International Inc. $PM

Apella Capital LLC increased its stake in shares of Philip Morris International Inc. (NYSE:PM) by 48.7% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 42,037 shares of the company’s stock after buying an additional 13,773 shares during the period. Apella Capital LLC’s holdings in Philip Morris International were worth $6,633,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. AG Campbell Advisory LLC bought a new stake in shares of Philip Morris International during the 4th quarter valued at about $25,000. Portfolio Resources Advisor Group Inc. purchased a new stake in Philip Morris International in the fourth quarter valued at approximately $26,000. Dogwood Wealth Management LLC raised its stake in Philip Morris International by 96.5% in the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after purchasing an additional 82 shares in the last quarter. Richards Merrill & Peterson Inc. bought a new stake in Philip Morris International during the fourth quarter valued at approximately $28,000. Finally, Safe Harbor Fiduciary LLC bought a new stake in Philip Morris International during the fourth quarter valued at approximately $29,000. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on PM. Morgan Stanley upped their target price on shares of Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 3rd. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Stifel Nicolaus cut 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. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Finally, UBS Group decreased their price objective 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. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Philip Morris International has an average rating of “Moderate Buy” and an average price target of $192.88.

Philip Morris International Trading Up 0.1%

PM stock opened at $178.91 on Friday. The firm’s 50-day moving average price is $176.11 and its two-hundred day moving average price is $171.52. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $193.05. The stock has a market capitalization of $278.85 billion, a price-to-earnings ratio of 25.16, a PEG ratio of 2.07 and a beta of 0.38.

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. The company had revenue of $10.15 billion during the quarter, compared to analyst estimates of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. Philip Morris International’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the prior year, the business posted $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. Equities analysts predict that Philip Morris International Inc. will post 8.4 EPS for the current year.

Philip Morris International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 20th. Shareholders of record on Thursday, June 25th will be issued 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 dividend payout ratio is 82.70%.

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.