Philip Morris International Inc. $PM Shares Purchased by Fulton Bank N.A.

Fulton Bank N.A. lifted its position in Philip Morris International Inc. (NYSE:PM) by 12.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 32,405 shares of the company’s stock after purchasing an additional 3,714 shares during the quarter. Fulton Bank N.A.’s holdings in Philip Morris International were worth $5,358,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capital International Investors boosted its holdings in Philip Morris International by 13.7% in the 4th quarter. Capital International Investors now owns 101,377,875 shares of the company’s stock valued at $16,262,967,000 after purchasing an additional 12,227,004 shares during the last quarter. Capital Research Global Investors raised its position in shares of Philip Morris International by 25.3% during the 4th quarter. Capital Research Global Investors now owns 54,559,706 shares of the company’s stock valued at $8,751,407,000 after buying an additional 11,013,173 shares during the period. Capital World Investors lifted its holdings in Philip Morris International by 2.8% in the fourth quarter. Capital World Investors now owns 132,355,726 shares of the company’s stock valued at $21,230,315,000 after acquiring an additional 3,579,399 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in Philip Morris International by 36.3% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 9,301,112 shares of the company’s stock valued at $1,491,898,000 after acquiring an additional 2,475,204 shares during the last quarter. Finally, SG Americas Securities LLC grew its position in Philip Morris International by 1,547.2% in the fourth quarter. SG Americas Securities LLC now owns 2,260,217 shares of the company’s stock worth $362,539,000 after acquiring an additional 2,123,002 shares during the period. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Stock Down 1.9%

PM opened at $177.43 on Thursday. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $193.05. The business has a fifty day simple moving average of $177.97 and a 200-day simple moving average of $172.39. The firm has a market cap of $276.53 billion, a P/E ratio of 24.95, a P/E/G ratio of 2.09 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 (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 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%.Philip Morris International’s revenue was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $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. Sell-side analysts expect 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 disclosed a quarterly dividend, which will be paid on Monday, July 20th. Investors of record on Thursday, June 25th will be issued a $1.47 dividend. The ex-dividend date is Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.3%. Philip Morris International’s payout ratio is 82.70%.

Analyst Upgrades and Downgrades

PM has been the topic of a number of research analyst reports. 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. Morgan Stanley raised their price objective 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. UBS Group reduced their price objective on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a report on Friday, April 17th. Stifel Nicolaus decreased their target price on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $192.88.

Trending Headlines about Philip Morris International

Here are the key news stories impacting Philip Morris International this week:

• Positive Sentiment: The FDA authorized 20 ZYN nicotine pouch products for modified-risk marketing, a meaningful boost for Philip Morris International’s U.S. smoke-free strategy and a potential growth driver as cigarette sales decline. FDA Issues Modified Risk Tobacco Product Orders for 20 ZYN Nicotine Pouch Products
• Positive Sentiment: Reuters-style coverage and other reports said PM can now explicitly market ZYN as a less harmful tobacco alternative, which could strengthen consumer adoption and improve the product’s competitive position. Philip Morris can market Zyn as less harmful tobacco product
• Positive Sentiment: Analysts currently rate Philip Morris International a “Moderate Buy,” suggesting Wall Street remains broadly constructive on the stock despite near-term volatility. Philip Morris International Inc. (NYSE:PM) Receives Average Recommendation of “Moderate Buy” from Analysts
• Neutral Sentiment: Broader consumer-sector trading was mixed, indicating some of PM’s weakness may be tied to market tone rather than company-specific fundamentals.

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.