UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $868.45 Million Holdings in Philip Morris International Inc. $PM

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 1.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,414,265 shares of the company’s stock after acquiring an additional 66,462 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Philip Morris International were worth $868,448,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Wells Fargo & Company MN raised its stake in shares of Philip Morris International by 1.6% during the 4th quarter. Wells Fargo & Company MN now owns 3,704,365 shares of the company’s stock worth $594,180,000 after purchasing an additional 57,417 shares in the last quarter. Banco Santander S.A. raised its stake in shares of Philip Morris International by 8.8% during the 4th quarter. Banco Santander S.A. now owns 92,289 shares of the company’s stock worth $14,803,000 after purchasing an additional 7,467 shares in the last quarter. Sumitomo Life Insurance Co. raised its stake in shares of Philip Morris International by 0.6% during the 4th quarter. Sumitomo Life Insurance Co. now owns 28,529 shares of the company’s stock worth $4,576,000 after purchasing an additional 171 shares in the last quarter. Tillman Hartley LLC raised its stake in shares of Philip Morris International by 16.1% during the 4th quarter. Tillman Hartley LLC now owns 2,299 shares of the company’s stock worth $369,000 after purchasing an additional 319 shares in the last quarter. Finally, Columbia Bank purchased a new stake in shares of Philip Morris International during the 4th quarter worth about $366,000. 78.63% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on PM shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Morgan Stanley raised their price target on Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 3rd. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Barclays reaffirmed an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a research note on Monday, February 23rd. Finally, UBS Group cut their price target on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a research note 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.com, Philip Morris International has an average rating of “Moderate Buy” and an average price target of $192.88.

Philip Morris International Stock Up 2.0%

PM opened at $184.41 on Friday. The firm has a market capitalization of $287.41 billion, a P/E ratio of 25.94, a price-to-earnings-growth ratio of 2.09 and a beta of 0.38. The stock’s 50 day moving average price is $172.61 and its two-hundred day moving average price is $169.80. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $193.05.

Philip Morris International (NYSE:PM) last released its 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. The firm had revenue of $10.15 billion for the quarter, compared to analyst estimates of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The company’s revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the firm posted $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. As a group, analysts anticipate that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

Philip Morris International Announces Dividend

The firm 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 3.2%. Philip Morris International’s dividend payout ratio (DPR) is 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.