First National Bank of Omaha Has $15.85 Million Position in Philip Morris International Inc. $PM

First National Bank of Omaha grew its stake in shares of Philip Morris International Inc. (NYSE:PM) by 6.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 86,892 shares of the company’s stock after acquiring an additional 5,254 shares during the period. First National Bank of Omaha’s holdings in Philip Morris International were worth $15,853,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of PM. Valley Forge Investment Consultants Inc. ADV acquired a new stake in Philip Morris International in the second quarter valued at approximately $217,000. Meeder Advisory Services Inc. increased its stake in shares of Philip Morris International by 5.1% during the 2nd quarter. Meeder Advisory Services Inc. now owns 38,513 shares of the company’s stock worth $6,967,000 after purchasing an additional 1,860 shares during the last quarter. Citizens Financial Group Inc. RI raised its holdings in shares of Philip Morris International by 5.9% during the 2nd quarter. Citizens Financial Group Inc. RI now owns 33,364 shares of the company’s stock valued at $6,036,000 after purchasing an additional 1,845 shares in the last quarter. Texas Capital Bank Wealth Management Services Inc bought a new position in shares of Philip Morris International during the 2nd quarter valued at $334,000. Finally, Quent Capital LLC lifted its stake in shares of Philip Morris International by 3.5% in the 2nd quarter. Quent Capital LLC now owns 4,214 shares of the company’s stock valued at $762,000 after purchasing an additional 141 shares during the last quarter. 78.63% of the stock is owned by institutional investors and hedge funds.

Philip Morris International Trading Up 1.3%

Shares of Philip Morris International stock opened at $190.02 on Thursday. The firm has a fifty day simple moving average of $185.74 and a 200-day simple moving average of $178.21. The stock has a market capitalization of $296.16 billion, a price-to-earnings ratio of 27.30, a PEG ratio of 2.27 and a beta of 0.38. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $207.76.

Philip Morris International (NYSE:PM) last posted its earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.05 by $0.15. The business had revenue of $11.19 billion for the quarter, compared to analyst estimates of $10.60 billion. Philip Morris International had a net margin of 11.06% and a negative return on equity of 163.41%. Philip Morris International’s revenue was up 10.4% compared to the same quarter last year. During the same period last year, the business posted $1.89 EPS. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. As a group, research analysts predict that Philip Morris International Inc. will post 8.33 earnings per share for the current year.

Philip Morris International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 20th. Stockholders of record on Thursday, June 25th were given a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Thursday, June 25th. Philip Morris International’s dividend payout ratio (DPR) is currently 84.48%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Barclays upped their price objective on shares of Philip Morris International from $205.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Needham & Company LLC raised their target price on Philip Morris International from $200.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Citigroup boosted their price target on Philip Morris International from $210.00 to $225.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Finally, UBS Group increased their price objective on Philip Morris International from $168.00 to $182.00 and gave the company a “neutral” rating in a report on Thursday, July 2nd. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $205.89.

Philip Morris International Company 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.