Philip Morris International Inc. $PM Position Boosted by Integrity Alliance LLC.

Key Points

• Integrity Alliance LLC. boosted its Philip Morris International stake by 437.5% in the fourth quarter, buying 11,751 additional shares and bringing its total to 14,437 shares worth about $2.32 million.
• Analysts remain mostly positive on PM, with 10 Buy ratings and 2 Hold ratings; the stock’s consensus rating is Moderate Buy and the average price target is $192.56.
• Philip Morris reported stronger-than-expected quarterly results, including $1.96 EPS versus $1.83 expected and revenue of $10.15 billion, while also paying a quarterly dividend of $1.47 per share for a 3.2% yield.

Integrity Alliance LLC. increased its holdings in Philip Morris International Inc. (NYSE:PM - Free Report) by 437.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,437 shares of the company's stock after buying an additional 11,751 shares during the quarter. Integrity Alliance LLC.'s holdings in Philip Morris International were worth $2,316,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Cary Street Partners Investment Advisory LLC grew its holdings in Philip Morris International by 13.5% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 8,748 shares of the company's stock worth $1,403,000 after buying an additional 1,040 shares in the last quarter. Smithfield Trust Co grew its holdings in Philip Morris International by 4.9% in the 4th quarter. Smithfield Trust Co now owns 12,322 shares of the company's stock worth $1,976,000 after buying an additional 571 shares in the last quarter. Bleakley Financial Group LLC grew its holdings in Philip Morris International by 3.9% in the 4th quarter. Bleakley Financial Group LLC now owns 111,153 shares of the company's stock worth $17,829,000 after buying an additional 4,209 shares in the last quarter. Kestra Investment Management LLC grew its holdings in Philip Morris International by 6.2% in the 4th quarter. Kestra Investment Management LLC now owns 21,993 shares of the company's stock worth $3,528,000 after buying an additional 1,288 shares in the last quarter. Finally, Cary Street Partners Financial LLC grew its holdings in Philip Morris International by 25.4% in the 4th quarter. Cary Street Partners Financial LLC now owns 10,455 shares of the company's stock worth $1,677,000 after buying an additional 2,119 shares in the last quarter. 78.63% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

PM has been the subject of a number of research reports. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Bank of America reaffirmed a "buy" rating on shares of Philip Morris International in a research note on Thursday, May 21st. UBS Group decreased 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. Needham & Company LLC reaffirmed a "buy" rating and set a $200.00 price target on shares of Philip Morris International in a research note on Thursday, April 23rd. Finally, Morgan Stanley decreased their price target on Philip Morris International from $205.00 to $190.00 and set an "overweight" 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 given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $192.56.

Philip Morris International Stock Up 0.3%

PM opened at $182.11 on Thursday. The firm has a market cap of $283.82 billion, a PE ratio of 25.61, a P/E/G ratio of 2.09 and a beta of 0.37. The business has a fifty day simple moving average of $169.35 and a 200-day simple moving average of $167.98. 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:PM - Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.13. The business had revenue of $10.15 billion during 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% compared to the same quarter last year. During the same period last year, the company 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. On average, equities research analysts anticipate that Philip Morris International Inc. will post 8.45 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 13th. Stockholders of record on Thursday, March 19th were paid a dividend of $1.47 per share. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $5.88 annualized dividend and a dividend yield of 3.2%. 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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