Fideuram Asset Management Ireland dac Acquires Shares of 26,442 Philip Morris International Inc. $PM

Fideuram Asset Management Ireland dac acquired a new stake in shares of Philip Morris International Inc. (NYSE:PM) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 26,442 shares of the company’s stock, valued at approximately $4,040,000.

A number of other hedge funds also recently bought and sold shares of PM. Capital Research Global Investors lifted its stake in Philip Morris International by 7.2% during the third quarter. Capital Research Global Investors now owns 43,546,533 shares of the company’s stock valued at $7,063,263,000 after buying an additional 2,911,835 shares in the last quarter. Capital World Investors increased its holdings in shares of Philip Morris International by 2.2% in the 3rd quarter. Capital World Investors now owns 128,776,327 shares of the company’s stock valued at $20,887,743,000 after purchasing an additional 2,714,674 shares during the period. Massachusetts Financial Services Co. MA increased its holdings 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 valued at $1,491,898,000 after purchasing an additional 2,475,204 shares during the period. SG Americas Securities LLC increased its holdings 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 valued at $362,539,000 after purchasing an additional 2,123,002 shares during the period. Finally, Lone Pine Capital LLC increased its holdings in shares of Philip Morris International by 67.3% in the 3rd quarter. Lone Pine Capital LLC now owns 4,614,443 shares of the company’s stock valued at $748,463,000 after purchasing an additional 1,856,749 shares during the period. 78.63% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on PM. Needham & Company LLC reiterated a “buy” rating and issued a $200.00 target price on shares of Philip Morris International in a report on Thursday, April 23rd. UBS Group dropped their target price 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. Citigroup upped their target price on Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Morgan Stanley dropped their target price on Philip Morris International from $205.00 to $190.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. Finally, Bank of America reiterated a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Philip Morris International presently has a consensus rating of “Moderate Buy” and an average target price of $192.56.

Philip Morris International Stock Performance

NYSE:PM opened at $178.64 on Friday. The stock’s 50 day moving average price is $169.46 and its 200 day moving average price is $168.16. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $193.05. The company has a market capitalization of $278.42 billion, a P/E ratio of 25.12, a P/E/G ratio of 2.09 and a beta of 0.37.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.13. The business had revenue of $10.15 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the company 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. As a group, sell-side analysts forecast that Philip Morris International Inc. will post 8.45 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 13th. Investors of record on Thursday, March 19th were given a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Thursday, March 19th. Philip Morris International’s dividend payout ratio (DPR) is 82.70%.

Philip Morris International 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.