Philip Morris International Inc. $PM Shares Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Posted by Geri Gentry on Aug 19th, 2026

Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Philip Morris International Inc. (NYSE:PM – Free Report) by 11.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,365,306 shares of the company’s stock after buying an additional 671,359 shares during the period. Philip Morris International comprises 0.6% of Mitsubishi UFJ Asset Management Co. Ltd.’s portfolio, making the stock its 28th largest holding. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.41% of Philip Morris International worth $1,151,548,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PM. OneDigital Investment Advisors LLC increased its holdings in Philip Morris International by 17.9% in the second quarter. OneDigital Investment Advisors LLC now owns 36,929 shares of the company’s stock valued at $6,681,000 after buying an additional 5,603 shares in the last quarter. AMG National Trust Bank grew its holdings in shares of Philip Morris International by 18.3% in the 2nd quarter. AMG National Trust Bank now owns 7,148 shares of the company’s stock worth $1,293,000 after acquiring an additional 1,106 shares during the period. Simplicity Wealth LLC grew its holdings in shares of Philip Morris International by 41.1% in the 2nd quarter. Simplicity Wealth LLC now owns 18,065 shares of the company’s stock worth $3,268,000 after acquiring an additional 5,261 shares during the period. Uniting Wealth Partners LLC increased its stake in Philip Morris International by 1.1% in the 2nd quarter. Uniting Wealth Partners LLC now owns 6,161 shares of the company’s stock valued at $1,124,000 after purchasing an additional 68 shares in the last quarter. Finally, Trivium Point Advisory LLC increased its stake in Philip Morris International by 18.1% in the 2nd quarter. Trivium Point Advisory LLC now owns 11,930 shares of the company’s stock valued at $2,158,000 after purchasing an additional 1,825 shares in the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

PM has been the topic of a number of research analyst reports. Morgan Stanley boosted their target price on Philip Morris International from $200.00 to $215.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. UBS Group lifted their price target on Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a research note on Thursday, July 2nd. Needham & Company LLC boosted their price objective on shares of Philip Morris International from $200.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Stifel Nicolaus increased their price objective on shares of Philip Morris International from $195.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $205.89.

Read Our Latest Analysis on PM

Philip Morris International Stock Up 1.8%

PM opened at $187.77 on Wednesday. The firm has a market cap of $292.66 billion, a P/E ratio of 26.98, a PEG ratio of 2.30 and a beta of 0.38. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $207.76. The business’s fifty day simple moving average is $185.60 and its 200 day simple moving average is $178.12.

Philip Morris International (NYSE:PM – Get Free Report) last announced its earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share for the quarter, beating the consensus estimate of $2.05 by $0.15. The firm had revenue of $11.19 billion during the quarter, compared to the consensus estimate of $10.60 billion. Philip Morris International had a net margin of 11.06% and a negative return on equity of 163.41%. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.89 EPS. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. As a group, equities analysts expect that Philip Morris International Inc. will post 8.33 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 20th. Stockholders of record on Thursday, June 25th were given a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Thursday, June 25th. Philip Morris International’s payout ratio is currently 84.48%.

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.