Gibbs Wealth Management Acquires 9,625 Shares of Philip Morris International Inc. $PM

Posted by Francis Steltz on Jul 24th, 2026

Gibbs Wealth Management increased its stake in shares of Philip Morris International Inc. (NYSE:PM – Free Report) by 110.4% during the 1st quarter, Holdings Channel reports. The institutional investor owned 18,341 shares of the company’s stock after buying an additional 9,625 shares during the period. Gibbs Wealth Management’s holdings in Philip Morris International were worth $3,032,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in PM. Resurgent Financial Advisors LLC raised its position in Philip Morris International by 3.7% in the 4th quarter. Resurgent Financial Advisors LLC now owns 1,523 shares of the company’s stock worth $244,000 after purchasing an additional 54 shares during the last quarter. Douglass Winthrop Advisors LLC boosted its position in Philip Morris International by 0.3% in the 4th quarter. Douglass Winthrop Advisors LLC now owns 18,344 shares of the company’s stock valued at $2,942,000 after buying an additional 56 shares during the last quarter. Outlook Wealth Advisors LLC increased its stake in shares of Philip Morris International by 4.6% in the 4th quarter. Outlook Wealth Advisors LLC now owns 1,320 shares of the company’s stock valued at $212,000 after buying an additional 58 shares during the period. Aristotle Capital Management LLC increased its stake in shares of Philip Morris International by 4.4% in the 4th quarter. Aristotle Capital Management LLC now owns 1,384 shares of the company’s stock valued at $222,000 after buying an additional 58 shares during the period. Finally, Tranquility Partners LLC raised its position in shares of Philip Morris International by 2.4% during the fourth quarter. Tranquility Partners LLC now owns 2,489 shares of the company’s stock worth $399,000 after acquiring an additional 59 shares during the last quarter. Institutional investors own 78.63% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on PM. BTIG Research began coverage on Philip Morris International in a report on Tuesday. They issued a “buy” rating and a $216.00 price target on the stock. Bank of America reissued a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Needham & Company LLC upped their target price on shares of Philip Morris International from $200.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Finally, UBS Group boosted their price target on shares of Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a research note on Thursday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $201.44.

Read Our Latest Analysis on PM

Philip Morris International Stock Down 1.6%

PM opened at $191.13 on Friday. The stock has a market cap of $297.89 billion, a P/E ratio of 27.46, a P/E/G ratio of 2.29 and a beta of 0.38. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $199.78. The company has a fifty day simple moving average of $182.72 and a 200 day simple moving average of $175.34.

Philip Morris International (NYSE:PM – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.05 by $0.15. Philip Morris International had a negative return on equity of 163.41% and a net margin of 13.05%.The firm had revenue of $11.19 billion during the quarter, compared to analysts’ expectations of $10.60 billion. During the same period in the previous year, the firm earned $1.89 earnings per share. The company’s revenue was up 10.4% on a year-over-year basis. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. On average, equities research analysts expect that Philip Morris International Inc. will post 8.37 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, July 20th. Investors of record on Thursday, June 25th were paid a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Thursday, June 25th. Philip Morris International’s dividend payout ratio is presently 82.70%.

Trending Headlines about Philip Morris International

Here are the key news stories impacting Philip Morris International this week:

Positive Sentiment: Philip Morris beat Q2 estimates, reporting adjusted EPS of $2.20 on revenue of $11.19 billion, both above expectations, while smoke-free products like IQOS, ZYN, and VEEV drove growth and margin expansion. Philip Morris Trimmed Guidance, But Its Growth Story Looks Unshaken
Positive Sentiment: Several analysts turned more constructive after the earnings release, including Stifel raising its price target to $205, Needham lifting its target to $215, and BTIG upgrading the stock to strong-buy. Analyst updates on Philip Morris price targets
Positive Sentiment: The company’s smoke-free business continues to gain traction, with one report noting smoke-free products now make up 42% of revenue, supporting the long-term growth story. Philip Morris: The First $11 Billion Quarter Won’t Be The Last
Neutral Sentiment: Management raised investment in ZYN and highlighted strong nicotine pouch momentum, which supports growth but also signals higher spending to sustain it. Philip Morris to lift Zyn investment, cigarette demand drives earnings beat
Negative Sentiment: Philip Morris trimmed full-year EPS guidance, citing currency pressure and costs tied to Middle East conflict, which is weighing on enthusiasm despite the strong quarter. Philip Morris Trims Forecast on Currencies, Iran War Costs

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.