HF Advisory Group LLC Sells 3,624 Shares of Philip Morris International Inc. $PM

HF Advisory Group LLC reduced its stake in Philip Morris International Inc. (NYSE:PM) by 14.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 21,174 shares of the company’s stock after selling 3,624 shares during the period. Philip Morris International makes up 1.2% of HF Advisory Group LLC’s portfolio, making the stock its 23rd largest holding. HF Advisory Group LLC’s holdings in Philip Morris International were worth $3,501,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of PM. Schroder Investment Management Group lifted its holdings in Philip Morris International by 10.2% in the third quarter. Schroder Investment Management Group now owns 302,173 shares of the company’s stock valued at $49,251,000 after acquiring an additional 27,979 shares during the period. Assetmark Inc. lifted its position in Philip Morris International by 22.2% during the fourth quarter. Assetmark Inc. now owns 630,583 shares of the company’s stock worth $101,146,000 after buying an additional 114,618 shares in the last quarter. Global Retirement Partners LLC boosted its holdings in Philip Morris International by 40.3% in the 4th quarter. Global Retirement Partners LLC now owns 67,177 shares of the company’s stock valued at $10,775,000 after purchasing an additional 19,309 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Philip Morris International by 7.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 592,681 shares of the company’s stock worth $91,840,000 after purchasing an additional 43,200 shares during the period. Finally, World Investment Advisors boosted its position in shares of Philip Morris International by 42.5% during the 4th quarter. World Investment Advisors now owns 115,267 shares of the company’s stock worth $18,489,000 after purchasing an additional 34,392 shares during the period. 78.63% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have commented on PM. Morgan Stanley boosted their price target on shares of Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, June 3rd. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. 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 note on Friday, April 10th. Needham & Company LLC restated a “buy” rating and set a $200.00 price objective on shares of Philip Morris International in a research report on Thursday, April 23rd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $192.88.

Philip Morris International Trading Up 1.1%

Shares of NYSE PM opened at $180.92 on Friday. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $193.05. The company has a market cap of $281.98 billion, a price-to-earnings ratio of 25.45, a price-to-earnings-growth ratio of 2.07 and a beta of 0.38. The stock’s 50 day simple moving average is $176.59 and its 200 day simple moving average is $171.59.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.13. The business had revenue of $10.15 billion during the quarter, compared to analysts’ expectations 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 revenue was up 9.1% on a year-over-year basis. During the same period last year, the firm 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, equities analysts forecast that Philip Morris International Inc. will post 8.4 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, July 20th. Stockholders of record on Thursday, June 25th will be paid a dividend of $1.47 per share. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.2%. 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.