Cerity Partners LLC Raises Stake in Philip Morris International Inc. $PM

Cerity Partners LLC boosted its position in Philip Morris International Inc. (NYSE:PM) by 106.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 711,035 shares of the company’s stock after buying an additional 366,511 shares during the period. Cerity Partners LLC’s holdings in Philip Morris International were worth $114,050,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Dogwood Wealth Management LLC boosted its position in Philip Morris International by 96.5% in the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after buying an additional 82 shares during the last quarter. Richards Merrill & Peterson Inc. purchased a new stake in Philip Morris International in the fourth quarter valued at approximately $28,000. Entrust Financial LLC purchased a new stake in Philip Morris International in the fourth quarter valued at approximately $31,000. Measured Wealth Private Client Group LLC purchased a new stake in Philip Morris International in the third quarter valued at approximately $32,000. Finally, McIlrath & Eck LLC purchased a new stake in Philip Morris International in the second quarter valued at approximately $36,000. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Price Performance

Shares of PM stock opened at $178.25 on Wednesday. The company has a market cap of $277.81 billion, a price-to-earnings ratio of 25.07, a PEG ratio of 2.03 and a beta of 0.38. The stock has a 50 day simple moving average of $171.40 and a 200-day simple moving average of $169.32. 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 announced its earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.13. The business had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The business’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the prior year, the company 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. Analysts anticipate that Philip Morris International Inc. will post 8.4 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on PM shares. Barclays reiterated an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a research report on Monday, February 23rd. Needham & Company LLC reissued a “buy” rating and issued a $200.00 price target on shares of Philip Morris International in a report on Thursday, April 23rd. UBS Group decreased 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. Stifel Nicolaus decreased their price target on Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a report on Friday, April 10th. Finally, Citigroup boosted their price target on Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Philip Morris International presently has an average rating of “Moderate Buy” and a consensus price target of $192.88.

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.