Dynasty Wealth Management LLC cut its stake in Philip Morris International Inc. (NYSE:PM – Free Report) by 13.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 24,116 shares of the company’s stock after selling 3,656 shares during the period. Dynasty Wealth Management LLC’s holdings in Philip Morris International were worth $3,868,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of PM. Dogwood Wealth Management LLC boosted its position in shares of Philip Morris International by 96.5% in the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after acquiring an additional 82 shares during the last quarter. Richards Merrill & Peterson Inc. acquired a new stake in shares of Philip Morris International in the fourth quarter worth approximately $28,000. Entrust Financial LLC acquired a new stake in shares of Philip Morris International in the fourth quarter worth approximately $31,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Philip Morris International in the third quarter worth approximately $32,000. Finally, FNY Investment Advisers LLC acquired a new stake in shares of Philip Morris International in the third quarter worth approximately $33,000. 78.63% of the stock is owned by institutional investors and hedge funds.
Philip Morris International News Roundup
Here are the key news stories impacting Philip Morris International this week:
- Positive Sentiment: Philip Morris reiterated that its smoke-free business remains a key growth engine, with management highlighting broad-based momentum led by IQOS at the dbAccess Global Consumer Conference. Article: Philip Morris International Participates in 2026 dbAccess Global Consumer Conference; Updates 2026 Full-Year Diluted EPS Forecast for Currency and Non-Cash Impairment Only
- Positive Sentiment: The company said the EPS forecast change is tied to currency and a non-cash impairment rather than a collapse in underlying demand, which may limit the longer-term impact if operating trends hold up. Article: Philip Morris International Participates in 2026 dbAccess Global Consumer Conference; Updates 2026 Full-Year Diluted EPS Forecast for Currency and Non-Cash Impairment Only
- Neutral Sentiment: Management presentation at the global consumer conference may provide more detail on strategy and category growth, but by itself does not materially change the story. Article: Philip Morris International Inc. (PM) Presents at 23rd annual dbAccess Global Consumer Conference Transcript
- Negative Sentiment: Philip Morris cut its annual profit forecast after a $500 million write-down of its Canadian investment, signaling lower expected earnings this year. Article: Philip Morris Cuts Outlook on $500 Million Canada Writedown
- Negative Sentiment: Reuters reported the company also sees margin pressure from higher energy costs, currency swings, and weaker pricing power as consumers become more cautious. Article: Philip Morris cuts annual profit forecast on cost pressure, weak pricing power
Analysts Set New Price Targets
Read Our Latest Stock Report on Philip Morris International
Philip Morris International Price Performance
PM stock opened at $173.63 on Wednesday. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $193.05. The firm has a fifty day moving average price of $169.88 and a two-hundred day moving average price of $168.43. The firm has a market cap of $270.62 billion, a price-to-earnings ratio of 24.42, a PEG ratio of 1.99 and a beta of 0.38.
Philip Morris International (NYSE:PM – Get Free Report) last released its earnings results 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 net margin of 11.61% and a negative return on equity of 142.02%. The firm had revenue of $10.15 billion during the quarter, compared to analyst estimates of $9.95 billion. During the same quarter in the previous year, the firm earned $1.69 earnings per share. The firm’s revenue for the quarter 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. As a group, analysts expect that Philip Morris International Inc. will post 8.45 EPS for the current fiscal year.
Philip Morris International Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were paid a dividend of $1.47 per share. The ex-dividend date was Thursday, March 19th. This represents a $5.88 annualized dividend and a yield of 3.4%. Philip Morris International’s payout ratio is presently 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.
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