Platt Wealth Management LLC Takes $577,000 Position in Philip Morris International Inc. $PM

Posted by Geri Gentry on May 23rd, 2026

Platt Wealth Management LLC acquired a new stake in shares of Philip Morris International Inc. (NYSE:PM – Free Report) during the 4th quarter, Holdings Channel.com reports. The firm acquired 3,600 shares of the company’s stock, valued at approximately $577,000. Philip Morris International accounts for approximately 0.6% of Platt Wealth Management LLC’s investment portfolio, making the stock its 25th largest position.

Other institutional investors have also modified their holdings of the company. Dogwood Wealth Management LLC lifted its holdings in shares of Philip Morris International by 96.5% during the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after purchasing an additional 82 shares in the last quarter. Richards Merrill & Peterson Inc. bought a new position in shares of Philip Morris International during the 4th quarter valued at about $28,000. Entrust Financial LLC bought a new position in shares of Philip Morris International during the 4th quarter valued at about $31,000. Measured Wealth Private Client Group LLC bought a new position in shares of Philip Morris International during the 3rd quarter valued at about $32,000. Finally, McIlrath & Eck LLC bought a new position in shares of Philip Morris International during the 2nd quarter valued at about $36,000. Institutional investors own 78.63% of the company’s stock.

Wall Street Analysts Forecast Growth

PM has been the topic of several recent analyst reports. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a report on Thursday. Morgan Stanley lowered their price target on Philip Morris International from $205.00 to $190.00 and set an “overweight” rating on the stock in a research report on Friday, April 17th. Citigroup boosted their target price on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Stifel Nicolaus decreased their target price on Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Philip Morris International currently has an average rating of “Moderate Buy” and a consensus target price of $192.56.

Read Our Latest Report on PM

Philip Morris International Stock Up 0.4%

Shares of PM stock opened at $189.26 on Friday. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $193.05. The company has a market cap of $294.97 billion, a P/E ratio of 26.62, a P/E/G ratio of 2.17 and a beta of 0.37. The business has a fifty day simple moving average of $168.71 and a 200 day simple moving average of $167.07.

Philip Morris International (NYSE:PM – Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.95 billion. During the same period in the prior year, the company earned $1.69 EPS. Philip Morris International’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. As a group, equities research analysts anticipate that Philip Morris International Inc. will post 8.45 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were issued a $1.47 dividend. 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, March 19th. 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.