5,582 Shares in Philip Morris International Inc. $PM Bought by Old Peak Finance LLC

Old Peak Finance LLC purchased a new stake in Philip Morris International Inc. (NYSE:PM) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 5,582 shares of the company’s stock, valued at approximately $895,000. Philip Morris International makes up about 0.6% of Old Peak Finance LLC’s investment portfolio, making the stock its 25th biggest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its holdings in Philip Morris International by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 145,262,397 shares of the company’s stock valued at $23,300,088,000 after buying an additional 1,793,949 shares during the period. Capital World Investors increased its stake in Philip Morris International by 2.2% in the third quarter. Capital World Investors now owns 128,776,327 shares of the company’s stock valued at $20,887,743,000 after acquiring an additional 2,714,674 shares during the last quarter. Capital International Investors increased its stake in Philip Morris International by 1.0% in the third quarter. Capital International Investors now owns 89,150,871 shares of the company’s stock valued at $14,461,220,000 after acquiring an additional 882,885 shares during the last quarter. Capital Research Global Investors raised its position in Philip Morris International by 7.2% during the third quarter. Capital Research Global Investors now owns 43,546,533 shares of the company’s stock valued at $7,063,263,000 after purchasing an additional 2,911,835 shares in the last quarter. Finally, Northern Trust Corp lifted its stake in Philip Morris International by 2.8% during the third quarter. Northern Trust Corp now owns 14,701,879 shares of the company’s stock worth $2,384,645,000 after purchasing an additional 401,381 shares during the last quarter. Institutional investors own 78.63% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Citigroup lifted their target price on Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Barclays reissued an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a report on Monday, February 23rd. Finally, Stifel Nicolaus reduced 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. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $192.56.

Philip Morris International Trading Down 2.8%

Shares of PM stock opened at $172.45 on Tuesday. The business’s 50-day moving average price is $169.88 and its 200-day moving average price is $168.43. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $193.05. The firm has a market capitalization of $268.77 billion, a price-to-earnings ratio of 24.25, a PEG ratio of 2.04 and a beta of 0.37.

Philip Morris International (NYSE:PM) last released 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 company had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The firm’s revenue was up 9.1% compared to the same quarter last year. During the same quarter in the prior 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. On average, sell-side analysts predict that Philip Morris International Inc. will post 8.45 earnings per share 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 issued a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend was Thursday, March 19th. 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.