4,193 Philip Morris International Inc. $PM Shares Bought by Confluence Wealth Services Inc.

Posted by Brian Himes on Nov 11th, 2026

Confluence Wealth Services Inc. lifted its position in Philip Morris International Inc. (NYSE:PM – Free Report) by 14.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,563 shares of the company’s stock after acquiring an additional 4,193 shares during the quarter. Confluence Wealth Services Inc.’s holdings in Philip Morris International were worth $6,214,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. AMG National Trust Bank raised its holdings in shares of Philip Morris International by 1.4% during the third quarter. AMG National Trust Bank now owns 7,246 shares of the company’s stock worth $1,383,000 after purchasing an additional 98 shares during the period. Moneco Advisors LLC boosted its holdings in shares of Philip Morris International by 1.4% in the 3rd quarter. Moneco Advisors LLC now owns 4,868 shares of the company’s stock valued at $929,000 after buying an additional 66 shares during the period. Lido Advisors LLC boosted its holdings in shares of Philip Morris International by 27.5% in the 3rd quarter. Lido Advisors LLC now owns 148,483 shares of the company’s stock valued at $28,334,000 after buying an additional 32,043 shares during the period. Keybank National Association OH grew its position in shares of Philip Morris International by 5.8% during the 3rd quarter. Keybank National Association OH now owns 367,303 shares of the company’s stock valued at $70,089,000 after buying an additional 20,050 shares during the last quarter. Finally, Cornerstone Wealth Management LLC grew its position in shares of Philip Morris International by 6.5% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 16,173 shares of the company’s stock valued at $3,086,000 after buying an additional 981 shares during the last quarter. Institutional investors and hedge funds own 78.63% of the company’s stock.

Philip Morris International Price Performance

Shares of NYSE PM opened at $194.31 on Wednesday. The firm has a market capitalization of $302.86 billion, a PE ratio of 28.37, a P/E/G ratio of 2.59 and a beta of 0.34. Philip Morris International Inc. has a 1-year low of $146.35 and a 1-year high of $214.35. The business’s fifty day moving average price is $195.73 and its two-hundred day moving average price is $183.05.

Philip Morris International (NYSE:PM – Get Free Report) last announced its quarterly earnings results on Wednesday, October 21st. The company reported $2.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.30 by $0.06. The company had revenue of $11.44 billion during the quarter, compared to the consensus estimate of $11.32 billion. Philip Morris International had a net margin of 10.73% and a negative return on equity of 183.96%. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.24 earnings per share. Equities research analysts expect that Philip Morris International Inc. will post 8.32 earnings per share for the current fiscal year.

Philip Morris International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 26th. Investors of record on Friday, October 2nd were given a $1.60 dividend. The ex-dividend date was Friday, October 2nd. This represents a $6.40 annualized dividend and a yield of 3.3%. This is a boost from Philip Morris International’s previous quarterly dividend of $1.47. Philip Morris International’s payout ratio is 93.43%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on PM shares. Citigroup increased their price objective on shares of Philip Morris International from $210.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Needham & Company LLC lifted their target price on Philip Morris International from $215.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, October 22nd. Argus lifted their target price on Philip Morris International from $210.00 to $220.00 and gave the company a “buy” rating in a research note on Monday, October 26th. UBS Group upped their target price on Philip Morris International from $193.00 to $201.00 and gave the company a “neutral” rating in a report on Thursday, October 22nd. Finally, BTIG Research set a $221.00 price target on Philip Morris International and gave the stock a “buy” rating in a research report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $213.90.

View Our Latest Analysis on Philip Morris International

About Philip Morris International

(Free Report)

Philip Morris International is a global tobacco and nicotine company that develops, manufactures and sells cigarettes and smoke-free products. Its cigarette brands include Marlboro in markets outside the United States, along with other regional and international brands. The company’s smoke-free portfolio includes IQOS heated tobacco products, ZYN nicotine pouches and VEEV e-vapor products. Philip Morris International sells its products in markets around the world, with availability varying by country and subject to local regulations.