Independent Franchise Partners LLP Grows Position in Philip Morris International Inc. $PM

Independent Franchise Partners LLP boosted its stake in shares of Philip Morris International Inc. (NYSE:PM) by 1.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,823,728 shares of the company’s stock after buying an additional 48,216 shares during the quarter. Philip Morris International makes up 3.9% of Independent Franchise Partners LLP’s portfolio, making the stock its 17th largest position. Independent Franchise Partners LLP owned 0.25% of Philip Morris International worth $613,326,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Portfolio Resources Advisor Group Inc. bought a new stake in Philip Morris International during the 4th quarter valued at about $26,000. Dogwood Wealth Management LLC lifted its holdings in Philip Morris International by 96.5% during the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after buying an additional 82 shares in the last quarter. Richards Merrill & Peterson Inc. bought a new stake in Philip Morris International during the 4th quarter valued at about $28,000. Entrust Financial LLC bought a new stake in Philip Morris International during the 4th quarter valued at about $31,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in Philip Morris International during the 3rd quarter valued at about $32,000. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Performance

NYSE:PM opened at $179.43 on Thursday. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $193.05. The firm has a market cap of $279.64 billion, a P/E ratio of 25.24, a P/E/G ratio of 2.13 and a beta of 0.38. The firm has a 50-day simple moving average of $174.01 and a 200-day simple moving average of $170.46.

Philip Morris International (NYSE:PM) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating the consensus estimate 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 business had revenue of $10.15 billion during the quarter, compared to analyst estimates of $9.95 billion. During the same quarter in the previous year, the business posted $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, research analysts predict that Philip Morris International Inc. will post 8.4 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 20th. Investors 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 dividend yield of 3.3%. The ex-dividend date is Thursday, June 25th. Philip Morris International’s payout ratio is 82.70%.

Wall Street Analyst Weigh In

PM has been the subject of a number of research analyst reports. Stifel Nicolaus decreased 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 report on Friday, April 10th. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. UBS Group decreased their price objective 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. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Finally, Barclays reiterated an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price 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.