Fifth Third Wealth Advisors LLC Grows Position in Philip Morris International Inc. $PM

Posted by Francis Steltz on Jun 25th, 2026

Fifth Third Wealth Advisors LLC lifted its position in Philip Morris International Inc. (NYSE:PM – Free Report) by 28.5% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 65,139 shares of the company’s stock after purchasing an additional 14,459 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Philip Morris International were worth $10,770,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Capital International Investors increased its position in shares of Philip Morris International by 13.7% in the fourth quarter. Capital International Investors now owns 101,377,875 shares of the company’s stock valued at $16,262,967,000 after acquiring an additional 12,227,004 shares during the period. Capital Research Global Investors boosted its holdings in shares of Philip Morris International by 25.3% during the fourth quarter. Capital Research Global Investors now owns 54,559,706 shares of the company’s stock worth $8,751,407,000 after purchasing an additional 11,013,173 shares during the period. Capital World Investors boosted its holdings in shares of Philip Morris International by 2.8% during the fourth quarter. Capital World Investors now owns 132,355,726 shares of the company’s stock worth $21,230,315,000 after purchasing an additional 3,579,399 shares during the period. Massachusetts Financial Services Co. MA grew its stake in shares of Philip Morris International by 36.3% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 9,301,112 shares of the company’s stock worth $1,491,898,000 after purchasing an additional 2,475,204 shares during the last quarter. Finally, SG Americas Securities LLC increased its holdings in Philip Morris International by 1,547.2% during the 4th quarter. SG Americas Securities LLC now owns 2,260,217 shares of the company’s stock valued at $362,539,000 after purchasing an additional 2,123,002 shares during the period. 78.63% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Morgan Stanley increased their price objective on Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, June 3rd. Stifel Nicolaus reduced their target price on Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Bank of America restated 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. Finally, Needham & Company LLC reissued a “buy” rating and set a $200.00 price objective on shares of Philip Morris International in a research report on Thursday, April 23rd. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $192.88.

Read Our Latest Report on Philip Morris International

Philip Morris International Price Performance

Shares of PM opened at $178.49 on Thursday. The company has a 50-day simple moving average of $175.72 and a two-hundred day simple moving average of $171.30. The firm has a market capitalization of $278.18 billion, a PE ratio of 25.10, a price-to-earnings-growth ratio of 2.07 and a beta of 0.38. 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 posted its earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, topping 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 firm had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $9.95 billion. During the same quarter in the prior year, the business earned $1.69 EPS. The business’s revenue for the quarter was up 9.1% on a year-over-year basis. 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. Analysts expect that Philip Morris International Inc. will post 8.4 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, July 20th. Investors of record on Thursday, June 25th will be paid a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Thursday, June 25th. Philip Morris International’s dividend payout ratio is presently 82.70%.

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.