Nations Financial Group Inc. IA ADV Buys 3,411 Shares of Philip Morris International Inc. $PM

Nations Financial Group Inc. IA ADV increased its stake in shares of Philip Morris International Inc. (NYSE:PM) by 134.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,945 shares of the company’s stock after purchasing an additional 3,411 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in Philip Morris International were worth $983,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. AG Campbell Advisory LLC bought a new position in Philip Morris International during the fourth quarter worth about $25,000. Portfolio Resources Advisor Group Inc. bought a new stake in shares of Philip Morris International in the 4th quarter valued at about $26,000. Dogwood Wealth Management LLC increased its stake in shares of Philip Morris International by 96.5% in the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after acquiring an additional 82 shares during the last quarter. Richards Merrill & Peterson Inc. acquired a new stake in shares of Philip Morris International in the 4th quarter valued at approximately $28,000. Finally, Safe Harbor Fiduciary LLC acquired a new stake in shares of Philip Morris International in the 4th quarter valued at approximately $29,000. Institutional investors own 78.63% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Morgan Stanley boosted their price objective on shares of Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, June 3rd. Stifel Nicolaus cut their target price 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. Needham & Company LLC reissued a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a research report on Thursday, April 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Finally, UBS Group lowered 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 research report on Friday, April 17th. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Philip Morris International presently has a consensus rating of “Moderate Buy” and a consensus target price of $192.88.

Philip Morris International Price Performance

NYSE:PM opened at $179.07 on Wednesday. The business’s 50-day simple moving average is $175.41 and its 200-day simple moving average is $171.09. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $193.05. The stock has a market capitalization of $279.09 billion, a PE ratio of 25.19, a price-to-earnings-growth ratio of 2.00 and a beta of 0.38.

Philip Morris International (NYSE:PM) last posted its earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.13. The business had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.Philip Morris International’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period in the prior year, the business earned $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, research analysts expect that Philip Morris International Inc. will post 8.4 earnings per share for the current 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 of this dividend is Thursday, June 25th. This represents a $5.88 annualized dividend and a dividend yield of 3.3%. Philip Morris International’s dividend payout ratio is currently 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.