University of Texas Texas AM Investment Management Co. Has $105,000 Stock Position in Philip Morris International Inc. $PM

University of Texas Texas AM Investment Management Co. trimmed its position in Philip Morris International Inc. (NYSE:PM) by 96.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 652 shares of the company’s stock after selling 17,172 shares during the quarter. University of Texas Texas AM Investment Management Co.’s holdings in Philip Morris International were worth $105,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Portfolio Resources Advisor Group Inc. acquired a new position in shares of Philip Morris International in the fourth quarter worth about $26,000. Dogwood Wealth Management LLC boosted its holdings 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 buying an additional 82 shares during the period. Richards Merrill & Peterson Inc. acquired a new position in shares of Philip Morris International in the fourth quarter worth about $28,000. Entrust Financial LLC acquired a new position in shares of Philip Morris International in the fourth quarter worth about $31,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of Philip Morris International during the third quarter worth approximately $32,000. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Stock Up 1.4%

NYSE PM opened at $184.32 on Wednesday. The stock has a market capitalization of $287.27 billion, a PE ratio of 25.92, a price-to-earnings-growth ratio of 2.10 and a beta of 0.38. The company has a 50 day moving average price of $173.62 and a two-hundred day moving average price of $170.30. 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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. The firm had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The company’s revenue was up 9.1% compared to the same quarter last year. During the same period in the previous year, the company earned $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. As a group, equities analysts anticipate that Philip Morris International Inc. will post 8.4 EPS for the current year.

Philip Morris International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 20th. Shareholders of record on Thursday, June 25th will be paid a $1.47 dividend. The ex-dividend date is Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a yield of 3.2%. Philip Morris International’s payout ratio is 82.70%.

Analyst Ratings Changes

PM has been the subject of several research reports. UBS Group decreased their price target on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a report on Friday, April 17th. Stifel Nicolaus decreased their price target on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a report on Friday, April 10th. Barclays restated an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a report on Monday, February 23rd. Needham & Company LLC restated a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a report on Thursday, April 23rd. Finally, Bank of America restated a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Ten 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.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $192.88.

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.