Keudell Morrison Wealth Management Makes New Investment in Philip Morris International Inc. $PM

Keudell Morrison Wealth Management bought a new stake in Philip Morris International Inc. (NYSE:PM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 18,440 shares of the company’s stock, valued at approximately $2,958,000.

A number of other hedge funds have also bought and sold shares of PM. Capital Research Global Investors boosted its holdings in Philip Morris International by 7.2% in the 3rd quarter. Capital Research Global Investors now owns 43,546,533 shares of the company’s stock valued at $7,063,263,000 after purchasing an additional 2,911,835 shares during the period. Capital World Investors raised its position in shares of Philip Morris International by 2.2% in the third quarter. Capital World Investors now owns 128,776,327 shares of the company’s stock valued at $20,887,743,000 after buying an additional 2,714,674 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Philip Morris International by 36.3% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 9,301,112 shares of the company’s stock valued at $1,491,898,000 after buying an additional 2,475,204 shares during the period. SG Americas Securities LLC boosted its stake in shares of Philip Morris International by 1,547.2% in the fourth quarter. SG Americas Securities LLC now owns 2,260,217 shares of the company’s stock valued at $362,539,000 after buying an additional 2,123,002 shares during the period. Finally, Lone Pine Capital LLC grew its position in Philip Morris International by 67.3% during the third quarter. Lone Pine Capital LLC now owns 4,614,443 shares of the company’s stock worth $748,463,000 after buying an additional 1,856,749 shares in the last quarter. 78.63% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently weighed in on PM. Morgan Stanley cut their target price on Philip Morris International from $205.00 to $190.00 and set an “overweight” rating for the company in a research report on Friday, April 17th. Citigroup upped their price objective on shares of Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Bank of America reissued a “buy” rating on shares of Philip Morris International in a report on Thursday. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday. Finally, UBS Group reduced their price target on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a research report on Friday, April 17th. 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, Philip Morris International presently has a consensus rating of “Moderate Buy” and an average target price of $192.56.

Philip Morris International Stock Down 0.2%

Shares of PM opened at $188.29 on Friday. The business has a 50-day simple moving average of $168.26 and a two-hundred day simple moving average of $166.91. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $193.05. The stock has a market cap of $293.46 billion, a PE ratio of 26.48, a PEG ratio of 2.17 and a beta of 0.37.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.83 by $0.13. The company had revenue of $10.15 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.69 EPS. 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 8.45 EPS for the current year.

Philip Morris International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were paid a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Thursday, March 19th. Philip Morris International’s payout ratio is 82.70%.

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.