Diversified Trust Co Increases Stock Holdings in Philip Morris International Inc. $PM

Diversified Trust Co boosted its holdings in Philip Morris International Inc. (NYSE:PM) by 31.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 73,044 shares of the company’s stock after purchasing an additional 17,663 shares during the quarter. Diversified Trust Co’s holdings in Philip Morris International were worth $12,077,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. AG Campbell Advisory LLC acquired a new position in shares of Philip Morris International during the 4th quarter valued at about $25,000. Portfolio Resources Advisor Group Inc. acquired a new stake in shares of Philip Morris International in the fourth quarter worth approximately $26,000. 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. purchased a new stake in Philip Morris International in the fourth quarter valued at approximately $28,000. Finally, Safe Harbor Fiduciary LLC purchased a new stake in Philip Morris International in the fourth quarter valued at approximately $29,000. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Philip Morris International Price Performance

NYSE PM opened at $178.68 on Friday. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $193.05. The firm has a market capitalization of $278.48 billion, a P/E ratio of 25.13, a P/E/G ratio of 2.06 and a beta of 0.38. The business’s 50-day simple moving average is $174.79 and its 200-day simple moving average is $170.67.

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, topping analysts’ consensus estimates 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 the consensus estimate of $9.95 billion. During the same quarter in the prior year, the company earned $1.69 EPS. The company’s revenue was up 9.1% on a year-over-year basis. 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 expect that Philip Morris International Inc. will post 8.4 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 20th. Shareholders of record on Thursday, June 25th will be paid a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.3%. The ex-dividend date is Thursday, June 25th. Philip Morris International’s payout ratio is currently 82.70%.

Analyst Ratings Changes

PM has been the subject of several research analyst reports. Morgan Stanley upped 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 report on Wednesday, June 3rd. Needham & Company LLC reiterated a “buy” rating and issued a $200.00 price target on shares of Philip Morris International in a report on Thursday, April 23rd. Stifel Nicolaus lowered their price objective on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research note on Friday, April 10th. Bank of America restated a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Philip Morris International currently has a consensus rating of “Moderate Buy” and a consensus price target of $192.88.

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.