Meiji Yasuda America Inc Takes $6.97 Million Position in Philip Morris International Inc. $PM

Meiji Yasuda America Inc acquired a new stake in shares of Philip Morris International Inc. (NYSE:PMFree Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 43,426 shares of the company’s stock, valued at approximately $6,966,000. Philip Morris International comprises 1.6% of Meiji Yasuda America Inc’s investment portfolio, making the stock its 17th largest holding.

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

Wall Street Analysts Forecast Growth

PM has been the subject of several analyst reports. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Stifel Nicolaus decreased their price objective 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. Barclays reiterated an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. Finally, UBS Group reduced their target price 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. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $192.88.

Check Out Our Latest Research Report on Philip Morris International

Philip Morris International Price Performance

Shares of PM stock opened at $180.94 on Friday. The firm has a market capitalization of $282.00 billion, a price-to-earnings ratio of 25.45, a price-to-earnings-growth ratio of 2.11 and a beta of 0.38. The business has a fifty day moving average of $172.08 and a 200 day moving average of $169.70. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $193.05.

Philip Morris International (NYSE:PMGet Free Report) last issued its earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.13. The company 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 firm’s quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the business 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. As a group, equities research analysts expect that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

Philip Morris International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 20th. Shareholders of record on Thursday, June 25th will be given a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Thursday, June 25th. Philip Morris International’s dividend payout ratio (DPR) is currently 82.70%.

Philip Morris International 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.

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

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