Brown Advisory Inc. Lowers Stock Position in Philip Morris International Inc. $PM

Brown Advisory Inc. cut its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 2.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 161,089 shares of the company’s stock after selling 4,148 shares during the period. Brown Advisory Inc.’s holdings in Philip Morris International were worth $25,839,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of PM. Dogwood Wealth Management LLC lifted its holdings in shares of Philip Morris International by 96.5% during the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after purchasing an additional 82 shares during the period. Richards Merrill & Peterson Inc. acquired a new stake in Philip Morris International in the fourth quarter valued at $28,000. Entrust Financial LLC acquired a new stake in Philip Morris International in the fourth quarter valued at $31,000. Measured Wealth Private Client Group LLC acquired a new stake in Philip Morris International in the third quarter valued at $32,000. Finally, FNY Investment Advisers LLC acquired a new stake in Philip Morris International in the third quarter valued at $33,000. 78.63% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on PM. UBS Group cut their price target on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a research note on Friday, April 17th. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Barclays reiterated an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a research report on Monday, February 23rd. Stifel Nicolaus dropped their price objective on 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. Finally, Needham & Company LLC restated a “buy” rating and issued a $200.00 price target on shares of Philip Morris International in a report on Thursday, April 23rd. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $192.88.

Philip Morris International Price Performance

NYSE PM opened at $181.94 on Tuesday. The firm has a market capitalization of $283.57 billion, a P/E ratio of 25.59, a P/E/G ratio of 2.13 and a beta of 0.38. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $193.05. The business’s 50-day simple moving average is $173.09 and its 200-day simple moving average is $170.10.

Philip Morris International (NYSE:PM) last released its quarterly earnings data 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. The business had revenue of $10.15 billion for the quarter, compared to analyst estimates of $9.95 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 9.1% compared to the same quarter last year. During the same period in the previous 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. On average, equities research analysts expect that Philip Morris International Inc. will post 8.4 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 20th. Stockholders of record on Thursday, June 25th will be paid a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Thursday, June 25th. Philip Morris International’s payout ratio is currently 82.70%.

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.