Florida Financial Advisors LLC Reduces Position in Philip Morris International Inc. $PM

Posted by Francis Steltz on Jun 3rd, 2026

Florida Financial Advisors LLC cut its holdings in shares of Philip Morris International Inc. (NYSE:PM – Free Report) by 82.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,163 shares of the company’s stock after selling 10,229 shares during the quarter. Florida Financial Advisors LLC’s holdings in Philip Morris International were worth $345,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of PM. Hazlett Burt & Watson Inc. lifted its holdings in Philip Morris International by 2.4% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 3,320 shares of the company’s stock valued at $533,000 after acquiring an additional 78 shares during the period. Essex Financial Services Inc. raised its stake in Philip Morris International by 5.8% during the 4th quarter. Essex Financial Services Inc. now owns 30,191 shares of the company’s stock valued at $4,843,000 after purchasing an additional 1,654 shares during the period. MUFG Securities EMEA plc raised its stake in Philip Morris International by 83.5% during the 4th quarter. MUFG Securities EMEA plc now owns 63,834 shares of the company’s stock valued at $10,239,000 after purchasing an additional 29,040 shares during the period. Texas Yale Capital Corp. raised its stake in Philip Morris International by 4.7% during the 4th quarter. Texas Yale Capital Corp. now owns 21,423 shares of the company’s stock valued at $3,436,000 after purchasing an additional 965 shares during the period. Finally, Sfmg LLC grew its holdings in Philip Morris International by 3.9% during the 4th quarter. Sfmg LLC now owns 5,706 shares of the company’s stock valued at $915,000 after buying an additional 214 shares in the last quarter. 78.63% of the stock is owned by hedge funds and other institutional investors.

Philip Morris International Stock Performance

Shares of Philip Morris International stock opened at $172.45 on Tuesday. The stock has a market cap of $268.77 billion, a price-to-earnings ratio of 24.25, a price-to-earnings-growth ratio of 2.04 and a beta of 0.38. The stock has a 50 day moving average price of $169.88 and a 200-day moving average price of $168.43. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $193.05.

Philip Morris International (NYSE:PM – Get Free Report) last announced its earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.13. The firm had revenue of $10.15 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. 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. Sell-side analysts predict that Philip Morris International Inc. will post 8.45 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, April 13th. Investors of record on Thursday, March 19th were paid a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend was Thursday, March 19th. Philip Morris International’s dividend payout ratio (DPR) is currently 82.70%.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Barclays restated an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a report on Monday, February 23rd. Morgan Stanley cut their price target on Philip Morris International from $205.00 to $190.00 and set an “overweight” rating for the company in a report on Friday, April 17th. Citigroup raised their price target on Philip Morris International from $200.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a report 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 report on Friday, April 10th. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $192.56.

Check Out Our Latest Report on PM

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.