Janney Montgomery Scott LLC Trims Position in Philip Morris International Inc. $PM

Posted by Francis Steltz on Jun 11th, 2026

Janney Montgomery Scott LLC trimmed its holdings in shares of Philip Morris International Inc. (NYSE:PM – Free Report) by 3.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 529,464 shares of the company’s stock after selling 20,214 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Philip Morris International were worth $84,926,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in PM. Dogwood Wealth Management LLC raised its holdings in shares of Philip Morris International by 96.5% during the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after purchasing an additional 82 shares during the last quarter. Richards Merrill & Peterson Inc. purchased a new stake in Philip Morris International in the fourth quarter valued at $28,000. Entrust Financial LLC acquired a new stake in Philip Morris International during the 4th quarter worth about $31,000. Measured Wealth Private Client Group LLC acquired a new stake in Philip Morris International during the 3rd quarter worth about $32,000. Finally, FNY Investment Advisers LLC purchased a new position in shares of Philip Morris International during the 3rd quarter valued at about $33,000. 78.63% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. UBS Group lowered their target price on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a research note on Friday, April 17th. Needham & Company LLC reissued a “buy” rating and issued a $200.00 price target on shares of Philip Morris International in a report on Thursday, April 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Morgan Stanley lifted their target price on shares of Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, June 3rd. Finally, Stifel Nicolaus decreased their target price on shares of 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 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 presently has an average rating of “Moderate Buy” and an average price target of $192.88.

Check Out Our Latest Stock Analysis on Philip Morris International

Philip Morris International Trading Up 2.5%

Shares of PM stock opened at $183.01 on Thursday. The company has a market capitalization of $285.23 billion, a P/E ratio of 25.74, a P/E/G ratio of 2.06 and a beta of 0.38. The business’s 50 day moving average is $171.77 and its two-hundred day moving average is $169.52. 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 – Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. During the same period in the previous year, the business earned $1.69 earnings per share. The business’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, research analysts predict that Philip Morris International Inc. will post 8.4 earnings per share for the current fiscal year.

Philip Morris International Company Profile

(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.