Philip Morris International Inc. $PM Shares Purchased by Artisan Partners Limited Partnership

Artisan Partners Limited Partnership boosted its position in Philip Morris International Inc. (NYSE:PM) by 3.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,004,908 shares of the company’s stock after acquiring an additional 35,307 shares during the quarter. Artisan Partners Limited Partnership’s holdings in Philip Morris International were worth $161,187,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. &PARTNERS boosted its position in shares of Philip Morris International by 24.3% during the fourth quarter. &PARTNERS now owns 178,244 shares of the company’s stock worth $28,564,000 after buying an additional 34,821 shares during the period. Night Squared LP acquired a new position in shares of Philip Morris International during the fourth quarter worth approximately $13,393,000. Nicholas Wealth LLC. boosted its position in shares of Philip Morris International by 22.1% during the fourth quarter. Nicholas Wealth LLC. now owns 6,000 shares of the company’s stock worth $962,000 after buying an additional 1,084 shares during the period. Silver Grove Financial Group Inc. boosted its position in shares of Philip Morris International by 7.8% during the fourth quarter. Silver Grove Financial Group Inc. now owns 1,665 shares of the company’s stock worth $267,000 after buying an additional 121 shares during the period. Finally, Opal Capital LLC acquired a new position in shares of Philip Morris International during the fourth quarter worth approximately $14,077,000. Institutional investors and hedge funds own 78.63% of the company’s stock.

Philip Morris International Price Performance

Philip Morris International stock opened at $184.32 on Wednesday. The company has a market capitalization of $287.27 billion, a price-to-earnings ratio of 25.92, a PEG ratio of 2.10 and a beta of 0.38. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $193.05. The company’s fifty day moving average price is $173.62 and its two-hundred day moving average price is $170.30.

Philip Morris International (NYSE:PM) last posted its earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.83 by $0.13. The firm 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%. The business’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the prior year, the business 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 anticipate that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

Philip Morris International Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms have weighed in on PM. Needham & Company LLC restated a “buy” rating and issued a $200.00 target price on shares of Philip Morris International in a research report on Thursday, April 23rd. Stifel Nicolaus cut their target price 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. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Morgan Stanley upped their target price on Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 3rd. Finally, Barclays restated an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a research report on Monday, February 23rd. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price 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.