Aspire Private Capital LLC Raises Stock Position in Philip Morris International Inc. $PM

Aspire Private Capital LLC increased its position in shares of Philip Morris International Inc. (NYSE:PM) by 45.3% in the 1st quarter, HoldingsChannel reports. The fund owned 13,248 shares of the company’s stock after acquiring an additional 4,133 shares during the period. Aspire Private Capital LLC’s holdings in Philip Morris International were worth $2,190,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Capital International Investors grew its holdings in Philip Morris International by 13.7% in the fourth quarter. Capital International Investors now owns 101,377,875 shares of the company’s stock worth $16,262,967,000 after purchasing an additional 12,227,004 shares during the last quarter. Capital Research Global Investors lifted its holdings in shares of Philip Morris International by 25.3% during the 4th quarter. Capital Research Global Investors now owns 54,559,706 shares of the company’s stock valued at $8,751,407,000 after purchasing an additional 11,013,173 shares during the last quarter. Capital World Investors lifted its holdings in shares of Philip Morris International by 2.8% during the 4th quarter. Capital World Investors now owns 132,355,726 shares of the company’s stock valued at $21,230,315,000 after purchasing an additional 3,579,399 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of Philip Morris International by 36.3% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 9,301,112 shares of the company’s stock worth $1,491,898,000 after purchasing an additional 2,475,204 shares in the last quarter. Finally, SG Americas Securities LLC boosted its position in shares of Philip Morris International by 1,547.2% in the 4th quarter. SG Americas Securities LLC now owns 2,260,217 shares of the company’s stock worth $362,539,000 after purchasing an additional 2,123,002 shares in the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Price Performance

NYSE PM opened at $180.92 on Monday. The company has a market cap of $281.98 billion, a price-to-earnings ratio of 25.45, a PEG ratio of 2.09 and a beta of 0.38. The stock’s fifty day moving average price is $176.59 and its 200 day moving average price is $171.75. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $193.05.

Philip Morris International (NYSE:PM) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 EPS 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 analysts’ expectations of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The firm’s revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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. Research analysts expect that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

Philip Morris International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, July 20th. Investors of record on Thursday, June 25th will be issued a dividend of $1.47 per share. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.2%. Philip Morris International’s payout ratio is 82.70%.

Wall Street Analysts Forecast Growth

PM has been the topic of several recent analyst reports. Morgan Stanley upped their target price 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. UBS Group lowered their price target on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a report on Friday, April 17th. Needham & Company LLC restated a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a research note on Thursday, April 23rd. Stifel Nicolaus cut their price objective on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Finally, Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $192.88.

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.