Fort Washington Investment Advisors Inc. OH Acquires 22,262 Shares of Philip Morris International Inc. $PM

Fort Washington Investment Advisors Inc. OH lifted its stake in Philip Morris International Inc. (NYSE:PM) by 1.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,546,551 shares of the company’s stock after purchasing an additional 22,262 shares during the period. Philip Morris International accounts for approximately 1.4% of Fort Washington Investment Advisors Inc. OH’s holdings, making the stock its 13th largest position. Fort Washington Investment Advisors Inc. OH’s holdings in Philip Morris International were worth $255,707,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Resurgent Financial Advisors LLC grew its holdings in Philip Morris International by 3.7% during the fourth quarter. Resurgent Financial Advisors LLC now owns 1,523 shares of the company’s stock valued at $244,000 after purchasing an additional 54 shares during the period. Douglass Winthrop Advisors LLC raised its stake in shares of Philip Morris International by 0.3% in the fourth quarter. Douglass Winthrop Advisors LLC now owns 18,344 shares of the company’s stock worth $2,942,000 after buying an additional 56 shares during the period. Outlook Wealth Advisors LLC lifted its position in shares of Philip Morris International by 4.6% during the 4th quarter. Outlook Wealth Advisors LLC now owns 1,320 shares of the company’s stock valued at $212,000 after buying an additional 58 shares in the last quarter. Aristotle Capital Management LLC lifted its position in shares of Philip Morris International by 4.4% during the 4th quarter. Aristotle Capital Management LLC now owns 1,384 shares of the company’s stock valued at $222,000 after buying an additional 58 shares in the last quarter. Finally, Tranquility Partners LLC grew its stake in shares of Philip Morris International by 2.4% during the 4th quarter. Tranquility Partners LLC now owns 2,489 shares of the company’s stock valued at $399,000 after acquiring an additional 59 shares during the period. 78.63% of the stock is owned by institutional investors.

Analyst Ratings Changes

PM has been the subject of several analyst reports. UBS Group reduced their target price 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 lowered 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 report on Friday, April 10th. 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. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Finally, Bank of America restated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Philip Morris International has an average rating of “Moderate Buy” and an average price target of $192.88.

Philip Morris International Stock Up 1.1%

NYSE PM opened at $180.92 on Friday. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $193.05. The business has a 50-day moving average price of $176.59 and a 200-day moving average price of $171.59. The firm has a market cap of $281.98 billion, a price-to-earnings ratio of 25.45, a price-to-earnings-growth ratio of 2.09 and a beta of 0.38.

Philip Morris International (NYSE:PM) last issued its earnings results 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. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The company had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $9.95 billion. During the same quarter last year, the company earned $1.69 EPS. The firm’s quarterly 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. Research analysts expect that Philip Morris International Inc. will post 8.4 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 20th. Stockholders of record on Thursday, June 25th will be given a dividend of $1.47 per share. The ex-dividend date is Thursday, June 25th. This represents a $5.88 annualized dividend and a dividend yield of 3.2%. Philip Morris International’s dividend payout ratio (DPR) is presently 82.70%.

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.