Philip Morris International Inc. $PM Shares Acquired by IFM Investors Pty Ltd

IFM Investors Pty Ltd grew its position in Philip Morris International Inc. (NYSE:PM) by 1.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 224,541 shares of the company’s stock after acquiring an additional 3,687 shares during the period. IFM Investors Pty Ltd’s holdings in Philip Morris International were worth $36,016,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of PM. Dogwood Wealth Management LLC raised its position in shares of Philip Morris International by 96.5% in the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after acquiring an additional 82 shares during the period. Richards Merrill & Peterson Inc. acquired a new position in shares of Philip Morris International in the fourth quarter worth about $28,000. Entrust Financial LLC acquired a new position in shares of Philip Morris International in the fourth quarter worth about $31,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Philip Morris International during the 3rd quarter valued at approximately $32,000. Finally, FNY Investment Advisers LLC purchased a new position in shares of Philip Morris International during the 3rd quarter valued at approximately $33,000. Institutional investors and hedge funds own 78.63% of the company’s stock.

Philip Morris International Stock Performance

NYSE PM opened at $180.94 on Friday. The business has a fifty day moving average price of $172.08 and a 200 day moving average price of $169.70. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $193.05. The company has a market cap of $282.00 billion, a P/E ratio of 25.45, a P/E/G ratio of 2.11 and a beta of 0.38.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data 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 negative return on equity of 142.02% and a net margin of 11.61%.The firm had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.95 billion. During the same period in the prior year, the company earned $1.69 EPS. The firm’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. As a group, sell-side analysts predict that Philip Morris International Inc. will post 8.4 EPS for the current fiscal year.

Philip Morris International Announces Dividend

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 $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Thursday, June 25th. Philip Morris International’s dividend payout ratio is currently 82.70%.

Analysts Set New Price Targets

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

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.