Foundations Investment Advisors LLC Acquires 72,833 Shares of Philip Morris International Inc. $PM

Key Points

• Foundations Investment Advisors LLC boosted its Philip Morris International stake by 152.5% in Q4, buying 72,833 additional shares and bringing its total to 120,601 shares worth about $19.3 million.
• Institutional ownership remains heavy, with several other firms also increasing holdings; overall, institutions own 78.63% of Philip Morris International’s stock.
• The company reported better-than-expected Q1 earnings of $1.96 per share on $10.15 billion in revenue, and analysts currently rate the stock a Moderate Buy with an average price target of $192.56.

Foundations Investment Advisors LLC raised its holdings in Philip Morris International Inc. (NYSE:PM - Free Report) by 152.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 120,601 shares of the company's stock after purchasing an additional 72,833 shares during the quarter. Foundations Investment Advisors LLC's holdings in Philip Morris International were worth $19,344,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. Schroder Investment Management Group grew its stake in shares of Philip Morris International by 10.2% during the 3rd quarter. Schroder Investment Management Group now owns 302,173 shares of the company's stock worth $49,251,000 after acquiring an additional 27,979 shares during the period. Trajan Wealth LLC grew its stake in shares of Philip Morris International by 31.2% during the 3rd quarter. Trajan Wealth LLC now owns 132,295 shares of the company's stock worth $21,458,000 after acquiring an additional 31,490 shares during the period. Stratos Wealth Partners LTD. grew its stake in shares of Philip Morris International by 23.6% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 43,926 shares of the company's stock worth $7,125,000 after acquiring an additional 8,392 shares during the period. Assetmark Inc. grew its stake in shares of Philip Morris International by 22.2% during the 4th quarter. Assetmark Inc. now owns 630,583 shares of the company's stock worth $101,146,000 after acquiring an additional 114,618 shares during the period. Finally, Global Retirement Partners LLC grew its stake in shares of Philip Morris International by 40.3% during the 4th quarter. Global Retirement Partners LLC now owns 67,177 shares of the company's stock worth $10,775,000 after acquiring an additional 19,309 shares during the period. Institutional investors own 78.63% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Barclays reiterated an "overweight" rating and set a $205.00 price target on shares of Philip Morris International in a research note on Monday, February 23rd. Needham & Company LLC reiterated a "buy" rating and set a $200.00 price target on shares of Philip Morris International in a research note on Thursday, April 23rd. 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. Weiss Ratings reiterated a "buy (b)" rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Finally, Stifel Nicolaus cut their price target on Philip Morris International from $200.00 to $195.00 and set a "buy" rating for the company in a research note on Friday, April 10th. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $192.56.

Philip Morris International Stock Up 0.3%

NYSE:PM opened at $182.11 on Thursday. The business's 50-day moving average price is $169.35 and its two-hundred day moving average price is $167.98. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $193.05. The stock has a market cap of $283.82 billion, a P/E ratio of 25.61, a PEG ratio of 2.09 and a beta of 0.37.

Philip Morris International (NYSE:PM - Get Free Report) last released 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. 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 for the quarter, compared to analysts' expectations of $9.95 billion. During the same quarter last year, the firm posted $1.69 EPS. The company'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. On average, equities research analysts expect that Philip Morris International Inc. will post 8.45 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 13th. Investors of record on Thursday, March 19th were issued a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Thursday, March 19th. Philip Morris International's dividend payout ratio (DPR) is currently 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.

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