Vise Technologies Inc. Purchases 29,956 Shares of Philip Morris International Inc. $PM

Vise Technologies Inc. lifted its stake in Philip Morris International Inc. (NYSE:PMFree Report) by 59.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 80,728 shares of the company’s stock after purchasing an additional 29,956 shares during the quarter. Vise Technologies Inc.’s holdings in Philip Morris International were worth $12,949,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Daiwa Securities Group Inc. boosted its holdings in Philip Morris International by 5.3% during the 4th quarter. Daiwa Securities Group Inc. now owns 401,515 shares of the company’s stock valued at $64,403,000 after acquiring an additional 20,299 shares during the period. Sittner & Nelson LLC raised its position in Philip Morris International by 7.0% during the 4th quarter. Sittner & Nelson LLC now owns 3,108 shares of the company’s stock valued at $499,000 after purchasing an additional 202 shares in the last quarter. State of Wyoming raised its position in Philip Morris International by 187.4% during the 4th quarter. State of Wyoming now owns 4,076 shares of the company’s stock valued at $654,000 after purchasing an additional 2,658 shares in the last quarter. Sivia Capital Partners LLC raised its position in Philip Morris International by 134.4% during the 4th quarter. Sivia Capital Partners LLC now owns 9,328 shares of the company’s stock valued at $1,496,000 after purchasing an additional 5,349 shares in the last quarter. Finally, Greenspring Advisors LLC bought a new stake in Philip Morris International during the 4th quarter valued at $255,000. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Analyst Upgrades and Downgrades

PM has been the subject of a number of research analyst reports. Morgan Stanley lifted their target price on Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday. Bank of America reissued a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Stifel Nicolaus reduced their price target on Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Finally, Citigroup upped their target price on Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $192.88.

Read Our Latest Analysis on Philip Morris International

Philip Morris International Stock Performance

Philip Morris International stock opened at $175.05 on Friday. The business’s 50-day simple moving average is $170.57 and its two-hundred day simple moving average is $168.84. The company has a market cap of $272.82 billion, a PE ratio of 24.62, a PEG ratio of 2.03 and a beta of 0.38. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $193.05.

Philip Morris International (NYSE:PMGet Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.13. The business had revenue of $10.15 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous 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. As a group, analysts predict that Philip Morris International Inc. will post 8.4 EPS for the current fiscal year.

About Philip Morris International

(Free Report)

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.

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Institutional Ownership by Quarter for Philip Morris International (NYSE:PM)

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