Philip Morris International Inc. $PM is Alley Investment Management Company LLC’s 4th Largest Position

Alley Investment Management Company LLC cut its stake in shares of Philip Morris International Inc. (NYSE:PM) by 4.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 165,073 shares of the company’s stock after selling 8,504 shares during the quarter. Philip Morris International accounts for approximately 3.3% of Alley Investment Management Company LLC’s holdings, making the stock its 4th biggest position. Alley Investment Management Company LLC’s holdings in Philip Morris International were worth $27,293,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PM. Vanguard Group Inc. raised its position in Philip Morris International by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 145,262,397 shares of the company’s stock worth $23,300,088,000 after buying an additional 1,793,949 shares during the last quarter. Capital World Investors lifted its stake in shares of Philip Morris International by 2.8% in the 4th quarter. Capital World Investors now owns 132,355,726 shares of the company’s stock worth $21,230,315,000 after acquiring an additional 3,579,399 shares during the period. Capital International Investors lifted its stake in shares of Philip Morris International by 13.7% in the 4th quarter. Capital International Investors now owns 101,377,875 shares of the company’s stock worth $16,262,967,000 after acquiring an additional 12,227,004 shares during the period. Capital Research Global Investors boosted its holdings in shares of Philip Morris International by 25.3% in the fourth quarter. Capital Research Global Investors now owns 54,559,706 shares of the company’s stock valued at $8,751,407,000 after acquiring an additional 11,013,173 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of Philip Morris International by 2.5% in the fourth quarter. Invesco Ltd. now owns 15,631,408 shares of the company’s stock valued at $2,507,278,000 after acquiring an additional 383,786 shares in the last quarter. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Philip Morris International News Summary

Here are the key news stories impacting Philip Morris International this week:

• Positive Sentiment: The FDA authorized 20 Zyn nicotine pouch products to be marketed with reduced-risk claims versus cigarettes, a first for the nicotine pouch category and a meaningful boost for Philip Morris International’s smoke-free strategy. FDA Issues Modified Risk Tobacco Product Orders for 20 ZYN Nicotine Pouch Products
• Positive Sentiment: PMI said the FDA decision lets it explicitly communicate that switching from cigarettes to Zyn lowers the risk of several smoking-related diseases, which could improve consumer adoption and strengthen the product’s competitive position. FDA lets Philip Morris market Zyn nicotine pouches as less harmful than cigarettes
• Neutral Sentiment: PMI also announced a €1.0 billion debt prepayment, which improves its debt profile but is less likely to be the main driver of the stock’s move today. Philip Morris adjusts debt profile with loan prepayment
• Neutral Sentiment: Broader consumer-staples trading was mixed, suggesting sector-wide moves were not the primary catalyst for PM shares. Sector Update: Consumer Stocks Mixed Late Afternoon

Analyst Ratings Changes

Several research analysts recently issued reports on PM shares. UBS Group cut their price target 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. Stifel Nicolaus lowered their price objective on Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $200.00 price target on shares of Philip Morris International in a report on Thursday, April 23rd. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $192.88.

Philip Morris International Stock Down 1.1%

NYSE:PM opened at $180.84 on Wednesday. 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 cap of $281.85 billion, a PE ratio of 25.44, a price-to-earnings-growth ratio of 2.11 and a beta of 0.38. The firm’s fifty day simple moving average is $177.58 and its 200-day simple moving average is $172.20.

Philip Morris International (NYSE:PM) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $9.95 billion. During the same quarter last year, the firm posted $1.69 EPS. The business’s 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. Equities analysts anticipate 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 announced a quarterly dividend, which will be paid on Monday, July 20th. Shareholders of record on Thursday, June 25th will be issued a $1.47 dividend. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a yield of 3.3%. Philip Morris International’s dividend payout ratio (DPR) is 82.70%.

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.