Fort Washington Investment Advisors Inc. OH Purchases 22,262 Shares of Philip Morris International Inc. $PM

Fort Washington Investment Advisors Inc. OH grew its position in shares of Philip Morris International Inc. (NYSE:PM) by 1.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,546,551 shares of the company’s stock after buying an additional 22,262 shares during the quarter. Philip Morris International accounts for 1.4% of Fort Washington Investment Advisors Inc. OH’s portfolio, making the stock its 13th largest position. Fort Washington Investment Advisors Inc. OH owned about 0.10% of Philip Morris International worth $255,707,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in PM. AG Campbell Advisory LLC purchased a new stake in Philip Morris International during the 4th quarter valued at $25,000. Portfolio Resources Advisor Group Inc. purchased a new position in shares of Philip Morris International in the fourth quarter worth $26,000. Richards Merrill & Peterson Inc. purchased a new position in shares of Philip Morris International in the fourth quarter worth $28,000. Vermillion Wealth Management Inc. lifted its holdings in shares of Philip Morris International by 146.5% during the first quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock valued at $29,000 after purchasing an additional 104 shares in the last quarter. Finally, Safe Harbor Fiduciary LLC bought a new position in shares of Philip Morris International during the fourth quarter valued at $29,000. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Price Performance

PM stock opened at $180.92 on Friday. The company has a market cap of $281.98 billion, a P/E ratio of 25.45, a price-to-earnings-growth ratio of 2.09 and a beta of 0.38. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $193.05. The stock’s fifty day moving average price is $176.59 and its 200-day moving average price is $171.59.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The company had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. During the same quarter in the prior year, the business earned $1.69 earnings per share. Philip Morris International’s revenue for the quarter 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. As a group, analysts expect that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

Philip Morris International Dividend Announcement

The firm also recently declared 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. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $5.88 annualized dividend and a dividend yield of 3.2%. Philip Morris International’s dividend payout ratio is presently 82.70%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. UBS Group decreased their target price on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. Needham & Company LLC reaffirmed a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a report on Thursday, April 23rd. Stifel Nicolaus reduced their price target on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research note on Friday, April 10th. Finally, Morgan Stanley lifted their price target on shares of Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 3rd. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average 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.