Copeland Capital Management LLC Cuts Position in Philip Morris International Inc. $PM

Copeland Capital Management LLC decreased its position in Philip Morris International Inc. (NYSE:PM) by 4.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 66,703 shares of the company’s stock after selling 3,459 shares during the quarter. Copeland Capital Management LLC’s holdings in Philip Morris International were worth $11,029,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. AG Campbell Advisory LLC acquired a new position in shares of Philip Morris International during the 4th quarter worth about $25,000. Portfolio Resources Advisor Group Inc. acquired a new stake in shares of Philip Morris International during the 4th quarter worth about $26,000. Vermillion Wealth Management Inc. lifted its stake in Philip Morris International by 146.5% during the first quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock worth $29,000 after purchasing an additional 104 shares during the last quarter. Richards Merrill & Peterson Inc. purchased a new stake in Philip Morris International during the fourth quarter worth approximately $28,000. Finally, Safe Harbor Fiduciary LLC acquired a new position in Philip Morris International in the fourth quarter valued at approximately $29,000. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Wall Street Analysts Forecast Growth

PM has been the topic of several recent analyst reports. Stifel Nicolaus dropped their price target on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research note 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. Needham & Company LLC restated a “buy” rating and issued a $200.00 target price on shares of Philip Morris International in a report on Thursday, April 23rd. UBS Group increased their target price on shares of Philip Morris International from $168.00 to $182.00 and gave the company a “neutral” rating in a research report on Thursday, July 2nd. Finally, Morgan Stanley lifted their price target on shares of Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 3rd. 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.com, the company has a consensus rating of “Moderate Buy” and an average target price of $194.62.

Philip Morris International Stock Up 1.5%

PM opened at $192.72 on Friday. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $194.62. The business’s 50 day moving average is $182.37 and its two-hundred day moving average is $174.38. The firm has a market cap of $300.37 billion, a price-to-earnings ratio of 27.11, a price-to-earnings-growth ratio of 2.28 and a beta of 0.38.

Philip Morris International (NYSE:PM) last posted 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. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The business had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.95 billion. During the same period in the prior year, the company earned $1.69 earnings per share. The company’s revenue was up 9.1% compared to the same quarter last year. 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. Equities analysts expect that Philip Morris International Inc. will post 8.37 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 20th. Investors of record on Thursday, June 25th will be given a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 3.1%. The ex-dividend date is Thursday, June 25th. Philip Morris International’s payout ratio is 82.70%.

About Philip Morris International

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.