ProVise Management Group LLC Has $28.67 Million Holdings in Philip Morris International Inc. $PM

Posted by Stanley Muller on Aug 15th, 2026

ProVise Management Group LLC lifted its holdings in Philip Morris International Inc. (NYSE:PM – Free Report) by 2.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 158,459 shares of the company’s stock after purchasing an additional 3,395 shares during the quarter. Philip Morris International accounts for approximately 1.9% of ProVise Management Group LLC’s investment portfolio, making the stock its 14th biggest holding. ProVise Management Group LLC’s holdings in Philip Morris International were worth $28,667,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Global Retirement Partners LLC boosted its stake in shares of Philip Morris International by 40.3% during the 4th quarter. Global Retirement Partners LLC now owns 67,177 shares of the company’s stock worth $10,775,000 after buying an additional 19,309 shares during the last quarter. New York Life Investment Management LLC increased its position in shares of Philip Morris International by 3.6% in the fourth quarter. New York Life Investment Management LLC now owns 216,613 shares of the company’s stock valued at $34,745,000 after acquiring an additional 7,600 shares during the last quarter. Brighton Jones LLC raised its holdings in Philip Morris International by 31.1% during the fourth quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after acquiring an additional 2,023 shares in the last quarter. Addison Capital Co raised its holdings in Philip Morris International by 32.5% during the first quarter. Addison Capital Co now owns 31,779 shares of the company’s stock worth $5,254,000 after acquiring an additional 7,793 shares in the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. boosted its position in Philip Morris International by 5.8% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 170,341 shares of the company’s stock valued at $27,323,000 after purchasing an additional 9,293 shares during the last quarter. Institutional investors and hedge funds own 78.63% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on PM. Morgan Stanley raised their price target on Philip Morris International from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Citigroup upped their price objective on Philip Morris International from $210.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Stifel Nicolaus increased their price objective on Philip Morris International from $195.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. BTIG Research set a $221.00 target price on shares of Philip Morris International and gave the company a “buy” rating in a research note on Friday, July 24th. Finally, Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $205.89.

Check Out Our Latest Stock Report on Philip Morris International

Philip Morris International Stock Up 0.8%

Shares of NYSE PM opened at $190.40 on Friday. The business’s 50 day moving average price is $185.23 and its two-hundred day moving average price is $178.00. The company has a market cap of $296.76 billion, a PE ratio of 27.36, a price-to-earnings-growth ratio of 2.28 and a beta of 0.38. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $207.76.

Philip Morris International (NYSE:PM – Get Free Report) last released its quarterly earnings data 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 11.06%.The company had revenue of $11.19 billion during the quarter, compared to analysts’ expectations of $10.60 billion. During the same period last year, the firm posted $1.89 earnings per share. The business’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. As a group, research analysts anticipate that Philip Morris International Inc. will post 8.33 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Thursday, June 25th were issued a dividend of $1.47 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $5.88 annualized dividend and a yield of 3.1%. Philip Morris International’s dividend payout ratio (DPR) is currently 84.48%.

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.