Natixis Advisors LLC Reduces Position in Philip Morris International Inc. $PM

Natixis Advisors LLC cut its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 5.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,346,667 shares of the company’s stock after selling 73,389 shares during the quarter. Natixis Advisors LLC’s holdings in Philip Morris International were worth $216,005,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Heritage Trust Co lifted its holdings in Philip Morris International by 2.4% during the fourth quarter. Heritage Trust Co now owns 2,554 shares of the company’s stock valued at $410,000 after purchasing an additional 60 shares during the last quarter. 3Chopt Investment Partners LLC lifted its holdings in Philip Morris International by 8.0% during the fourth quarter. 3Chopt Investment Partners LLC now owns 40,273 shares of the company’s stock valued at $6,519,000 after purchasing an additional 2,967 shares during the last quarter. Beto Financial Group LLC purchased a new stake in Philip Morris International during the fourth quarter valued at about $240,000. Allen Investment Management LLC purchased a new stake in Philip Morris International during the fourth quarter valued at about $1,482,000. Finally, AXQ Capital LP lifted its holdings in Philip Morris International by 46.2% during the fourth quarter. AXQ Capital LP now owns 4,267 shares of the company’s stock valued at $684,000 after purchasing an additional 1,349 shares during the last quarter. 78.63% of the stock is owned by hedge funds and other institutional investors.

Philip Morris International Trading Down 2.8%

Philip Morris International stock opened at $172.45 on Tuesday. The firm has a market cap of $268.77 billion, a price-to-earnings ratio of 24.25, a PEG ratio of 2.04 and a beta of 0.37. The stock has a fifty day simple moving average of $169.88 and a two-hundred day simple moving average of $168.43. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $193.05.

Philip Morris International (NYSE:PM) last posted its earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $9.95 billion. During the same quarter last year, the company earned $1.69 EPS. The company’s quarterly 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. On average, equities research analysts forecast that Philip Morris International Inc. will post 8.45 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The business also recently declared 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 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Thursday, March 19th. Philip Morris International’s payout ratio is currently 82.70%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on PM shares. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. UBS Group dropped their price objective on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a report on Friday, April 17th. Morgan Stanley dropped their price objective on Philip Morris International from $205.00 to $190.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. Finally, Stifel Nicolaus reduced their price objective on 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. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $192.56.

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.