MAI Capital Management Grows Position in Philip Morris International Inc. $PM

MAI Capital Management grew its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 12.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 83,161 shares of the company’s stock after purchasing an additional 9,176 shares during the quarter. MAI Capital Management’s holdings in Philip Morris International were worth $13,489,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of PM. Second Line Capital LLC grew its stake in Philip Morris International by 4.8% in the 2nd quarter. Second Line Capital LLC now owns 1,338 shares of the company’s stock valued at $245,000 after buying an additional 61 shares in the last quarter. Meridian Wealth Partners LLC boosted its holdings in shares of Philip Morris International by 3.1% in the second quarter. Meridian Wealth Partners LLC now owns 2,060 shares of the company’s stock worth $375,000 after acquiring an additional 62 shares during the period. Bernardo Wealth Planning LLC grew its position in shares of Philip Morris International by 1.8% in the second quarter. Bernardo Wealth Planning LLC now owns 3,584 shares of the company’s stock valued at $653,000 after purchasing an additional 62 shares in the last quarter. Raiffeisen Bank International AG raised its stake in shares of Philip Morris International by 1.4% during the 2nd quarter. Raiffeisen Bank International AG now owns 4,471 shares of the company’s stock valued at $803,000 after purchasing an additional 63 shares during the period. Finally, Nia Impact Advisors LLC lifted its holdings in Philip Morris International by 4.2% during the 2nd quarter. Nia Impact Advisors LLC now owns 1,577 shares of the company’s stock worth $287,000 after purchasing an additional 63 shares in the last quarter. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Philip Morris International Stock Performance

Philip Morris International stock opened at $190.27 on Thursday. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $191.30. The stock has a market cap of $296.19 billion, a P/E ratio of 26.17, a price-to-earnings-growth ratio of 2.13 and a beta of 0.39. The firm’s fifty day moving average price is $172.51 and its 200-day moving average price is $163.50.

Philip Morris International (NYSE:PM) last released its earnings results on Friday, February 6th. The company reported $1.70 EPS for the quarter, meeting analysts’ consensus estimates of $1.70. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The business had revenue of $10.36 billion for the quarter, compared to analysts’ expectations of $10.40 billion. During the same quarter in the prior year, the firm earned $1.55 earnings per share. The firm’s revenue was up 6.8% on a year-over-year basis. Philip Morris International has set its Q1 2026 guidance at 1.800-1.850 EPS and its FY 2026 guidance at 8.380-8.530 EPS. On average, analysts predict that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Friday, December 26th were issued a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Friday, December 26th. Philip Morris International’s dividend payout ratio (DPR) is currently 80.88%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on PM. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a report on Thursday, January 22nd. Needham & Company LLC boosted their price objective on shares of Philip Morris International from $190.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Morgan Stanley reiterated an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a research note on Monday, February 9th. Stifel Nicolaus set a $200.00 price target on shares of Philip Morris International in a research report on Monday, February 9th. Finally, Jefferies Financial Group cut shares of Philip Morris International from a “buy” rating to a “hold” rating and decreased their price target for the stock from $220.00 to $180.00 in a report on Tuesday, January 20th. Eleven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $196.83.

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.