Philip Morris International Inc. $PM Stock Position Increased by AR Asset Management Inc.

Posted by ABMN Staff on Jul 23rd, 2026

AR Asset Management Inc. grew its holdings in Philip Morris International Inc. (NYSE:PM – Free Report) by 6.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 118,326 shares of the company’s stock after purchasing an additional 6,798 shares during the period. Philip Morris International makes up 3.8% of AR Asset Management Inc.’s investment portfolio, making the stock its 4th largest position. AR Asset Management Inc.’s holdings in Philip Morris International were worth $19,564,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC boosted its position in shares of Philip Morris International by 57.1% during the first quarter. Measured Wealth Private Client Group LLC now owns 297 shares of the company’s stock worth $49,000 after buying an additional 108 shares during the period. Wiregrass Investment Management LLC purchased a new position in Philip Morris International in the first quarter valued at $677,000. Arvest Bank Trust Division increased its stake in Philip Morris International by 3.9% in the first quarter. Arvest Bank Trust Division now owns 4,448 shares of the company’s stock valued at $735,000 after purchasing an additional 166 shares during the last quarter. First Citizens Bank & Trust Co. grew its position in shares of Philip Morris International by 3.2% in the 1st quarter. First Citizens Bank & Trust Co. now owns 46,517 shares of the company’s stock valued at $7,691,000 after buying an additional 1,453 shares during the last quarter. Finally, CacheTech Inc. increased its position in shares of Philip Morris International by 75.8% during the first quarter. CacheTech Inc. now owns 5,783 shares of the company’s stock worth $956,000 after purchasing an additional 2,493 shares in the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Up 3.5%

PM opened at $194.67 on Thursday. The company has a 50 day moving average of $182.74 and a two-hundred day moving average of $175.12. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $199.78. The company has a market cap of $303.41 billion, a P/E ratio of 27.38, a P/E/G ratio of 2.22 and a beta of 0.38.

Philip Morris International (NYSE:PM – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $2.05 by $0.15. The company had revenue of $11.19 billion during the quarter, compared to the consensus estimate of $10.60 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The company’s revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.89 earnings per share. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. Research analysts anticipate that Philip Morris International Inc. will post 8.37 earnings per share for the current year.

Philip Morris International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 20th. Stockholders of record on Thursday, June 25th were paid a dividend of $1.47 per share. The ex-dividend date was Thursday, June 25th. This represents a $5.88 annualized dividend and a dividend yield of 3.0%. Philip Morris International’s dividend payout ratio (DPR) is currently 82.70%.

Trending Headlines about Philip Morris International

Here are the key news stories impacting Philip Morris International this week:

Positive Sentiment: Philip Morris posted Q2 adjusted EPS of $2.20, topping estimates, while revenue of $11.19 billion also exceeded forecasts on strong smoke-free product sales and international growth.
Positive Sentiment: Zyn and other smoke-free products continued to show strong demand, reinforcing the company’s transition away from traditional cigarettes. Reuters: Philip Morris beats second-quarter sales estimates
Positive Sentiment: Management signaled confidence in the company’s long-term smoke-free strategy and said it plans to increase investment in the U.S. market. TipRanks: Philip Morris International Signals Confident Smoke-Free Future
Neutral Sentiment: The company raised spending on Zyn, which could support growth, but also implies higher near-term investment needs. Yahoo Finance: Philip Morris Stock Rises as Earnings Highlight Nicotine Pouch Rebound
Negative Sentiment: Philip Morris lowered its full-year EPS outlook, which may limit enthusiasm despite the strong quarter. Barrons: Philip Morris Stock Falls After It Cuts Guidance, but There Is One Bright Spot
Negative Sentiment: Currency headwinds and conflict-related costs in the Middle East pressured the company’s profit forecast. Financial Post: Philip Morris Trims Forecast on Currencies, Iran War Costs

Analyst Ratings Changes

Several analysts recently commented on PM shares. Needham & Company LLC reiterated a “buy” rating and issued a $200.00 price target on shares of Philip Morris International in a research report on Thursday, April 23rd. BTIG Research assumed coverage on Philip Morris International in a report on Tuesday. They issued a “buy” rating and a $216.00 price target on the stock. Stifel Nicolaus cut their target price on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Finally, UBS Group lifted their target price on shares of Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a research note on Thursday, July 2nd. Eleven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $197.00.

View Our Latest Stock Report on Philip Morris International

About Philip Morris International

(Free Report)

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.