Bogart Wealth LLC Boosts Position in Philip Morris International Inc. $PM

Bogart Wealth LLC raised its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 46.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 82,348 shares of the company’s stock after acquiring an additional 26,118 shares during the period. Bogart Wealth LLC’s holdings in Philip Morris International were worth $13,615,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. AG Campbell Advisory LLC purchased a new position in shares of Philip Morris International during the fourth quarter worth $25,000. Portfolio Resources Advisor Group Inc. purchased a new stake in Philip Morris International in the fourth quarter valued at $26,000. Richards Merrill & Peterson Inc. purchased a new stake in Philip Morris International in the fourth quarter valued at $28,000. Vermillion Wealth Management Inc. raised its stake in shares of Philip Morris International by 146.5% during the 1st quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock valued at $29,000 after buying an additional 104 shares during the last quarter. Finally, Safe Harbor Fiduciary LLC purchased a new position in shares of Philip Morris International during the 4th quarter valued at about $29,000. 78.63% of the stock is owned by hedge funds and other institutional investors.

Philip Morris International Price Performance

Shares of PM stock opened at $182.52 on Monday. The company has a market cap of $284.47 billion, a price-to-earnings ratio of 25.67, a PEG ratio of 2.14 and a beta of 0.38. The stock has a 50 day simple moving average of $178.93 and a 200-day simple moving average of $172.77. 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 released its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. The firm had revenue of $10.15 billion for the quarter, compared to analysts’ expectations of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The firm’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter 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. Analysts anticipate that Philip Morris International Inc. will post 8.39 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, July 20th. Stockholders of record on Thursday, June 25th will be given a $1.47 dividend. The ex-dividend date 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 (DPR) is 82.70%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on PM. Bank of America reissued a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Needham & Company LLC reaffirmed a “buy” rating and set a $200.00 target price on shares of Philip Morris International in a report on Thursday, April 23rd. UBS Group lifted their price target on Philip Morris International from $168.00 to $182.00 and gave the company a “neutral” rating in a research report on Thursday. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Finally, Morgan Stanley upped their price objective on Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 3rd. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $194.62.

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.