Premier Fund Managers Ltd Makes New Investment in Philip Morris International Inc. $PM

Premier Fund Managers Ltd purchased a new stake in shares of Philip Morris International Inc. (NYSE:PM) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 4,126 shares of the company’s stock, valued at approximately $673,000.

Several other institutional investors also recently modified their holdings of PM. Vanguard Group Inc. grew its stake in Philip Morris International by 0.4% in the 3rd quarter. Vanguard Group Inc. now owns 143,468,448 shares of the company’s stock worth $23,270,582,000 after buying an additional 611,393 shares in the last quarter. State Street Corp raised its position in shares of Philip Morris International by 1.6% during the 2nd quarter. State Street Corp now owns 55,831,655 shares of the company’s stock valued at $10,243,429,000 after buying an additional 871,165 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Philip Morris International by 1.8% during the 2nd quarter. Geode Capital Management LLC now owns 37,181,107 shares of the company’s stock worth $6,760,346,000 after acquiring an additional 672,983 shares during the last quarter. Fayez Sarofim & Co lifted its holdings in shares of Philip Morris International by 7.9% during the 2nd quarter. Fayez Sarofim & Co now owns 10,676,908 shares of the company’s stock worth $1,944,585,000 after acquiring an additional 782,536 shares during the last quarter. Finally, Legal & General Group Plc grew its position in Philip Morris International by 7.2% in the second quarter. Legal & General Group Plc now owns 7,534,710 shares of the company’s stock worth $1,372,297,000 after acquiring an additional 508,394 shares in the last quarter. 78.63% of the stock is currently owned by institutional investors.

Philip Morris International Price Performance

PM opened at $183.35 on Friday. The stock’s 50 day simple moving average is $170.72 and its 200 day simple moving average is $163.09. The firm has a market cap of $285.41 billion, a price-to-earnings ratio of 25.22, a PEG ratio of 2.09 and a beta of 0.39. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $190.98.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, meeting the consensus estimate of $1.70. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The firm had revenue of $10.36 billion during the quarter, compared to the consensus estimate of $10.40 billion. During the same quarter in the previous year, the company posted $1.55 earnings per share. The business’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. As a group, sell-side analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Friday, December 26th were issued a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Friday, December 26th. Philip Morris International’s dividend payout ratio (DPR) is 80.88%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on PM shares. Needham & Company LLC lifted their price target on Philip Morris International from $190.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. JPMorgan Chase & Co. decreased their price objective on Philip Morris International from $190.00 to $185.00 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. UBS Group reaffirmed a “neutral” rating and issued a $181.50 target price on shares of Philip Morris International in a research note on Monday, February 9th. Jefferies Financial Group downgraded 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 research note on Tuesday, January 20th. Finally, Citigroup boosted their price objective on shares of Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Eleven investment 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 an average target price of $194.06.

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.