Daiwa Securities Group Inc. Increases Stake in Philip Morris International Inc. $PM

Daiwa Securities Group Inc. increased its stake in Philip Morris International Inc. (NYSE:PM) by 5.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 401,515 shares of the company’s stock after purchasing an additional 20,299 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Philip Morris International were worth $64,403,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Dogwood Wealth Management LLC increased its holdings in shares of Philip Morris International by 96.5% in the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after purchasing an additional 82 shares in the last quarter. Richards Merrill & Peterson Inc. purchased a new position in shares of Philip Morris International in the 4th quarter valued at about $28,000. Entrust Financial LLC purchased a new position in shares of Philip Morris International in the 4th quarter valued at about $31,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Philip Morris International in the 3rd quarter valued at about $32,000. Finally, FNY Investment Advisers LLC purchased a new position in shares of Philip Morris International in the 3rd quarter valued at about $33,000. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Barclays reiterated an “overweight” rating and issued a $205.00 price target on shares of Philip Morris International in a report on Monday, February 23rd. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. UBS Group dropped their target price on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a report on Friday, April 17th. Finally, Stifel Nicolaus dropped 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 report on Friday, April 10th. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $192.88.

Philip Morris International Trading Down 0.5%

NYSE:PM opened at $175.05 on Friday. The firm has a 50-day moving average price of $170.57 and a two-hundred day moving average price of $168.84. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $193.05. The company has a market capitalization of $272.82 billion, a P/E ratio of 24.62, a price-to-earnings-growth ratio of 2.03 and a beta of 0.38.

Philip Morris International (NYSE:PM) last posted its earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.13. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The firm had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.95 billion. During the same period last year, the firm posted $1.69 EPS. The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. 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. On average, equities research analysts predict that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

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.