Amica Mutual Insurance Co. Boosts Stock Holdings in Philip Morris International Inc. $PM

Posted by Brenda Bartman on May 30th, 2026

Amica Mutual Insurance Co. grew its position in shares of Philip Morris International Inc. (NYSE:PM – Free Report) by 8.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 90,442 shares of the company’s stock after buying an additional 7,057 shares during the period. Philip Morris International comprises approximately 1.3% of Amica Mutual Insurance Co.’s portfolio, making the stock its 13th biggest holding. Amica Mutual Insurance Co.’s holdings in Philip Morris International were worth $14,507,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Eurizon Capital SGR S.p.A. purchased a new stake in shares of Philip Morris International during the fourth quarter worth $97,096,000. Hillsdale Investment Management Inc. grew its holdings in shares of Philip Morris International by 11.0% during the fourth quarter. Hillsdale Investment Management Inc. now owns 14,606 shares of the company’s stock worth $2,343,000 after buying an additional 1,445 shares in the last quarter. Fideuram Asset Management Ireland dac acquired a new position in shares of Philip Morris International during the 4th quarter valued at about $4,040,000. Principia Wealth Advisory LLC boosted its position in shares of Philip Morris International by 129.0% during the 4th quarter. Principia Wealth Advisory LLC now owns 687 shares of the company’s stock valued at $110,000 after acquiring an additional 387 shares during the last quarter. Finally, Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. acquired a new position in shares of Philip Morris International during the 4th quarter valued at about $231,000. 78.63% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

PM has been the topic of several recent research reports. Morgan Stanley lowered their price target on shares of 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. Needham & Company LLC reissued a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a research report on Thursday, April 23rd. Stifel Nicolaus lowered their price target on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Bank of America reissued a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research 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’s stock. According to MarketBeat, Philip Morris International has an average rating of “Moderate Buy” and an average target price of $192.56.

Check Out Our Latest Stock Analysis on Philip Morris International

Philip Morris International Stock Down 0.5%

Shares of Philip Morris International stock opened at $177.67 on Friday. The firm has a market capitalization of $276.91 billion, a P/E ratio of 24.99, a P/E/G ratio of 2.05 and a beta of 0.37. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $193.05. The firm’s 50 day moving average is $169.70 and its two-hundred day moving average is $168.22.

Philip Morris International (NYSE:PM – Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.13. The business had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The company’s revenue was up 9.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.69 earnings per share. 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, research analysts expect that Philip Morris International Inc. will post 8.45 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 13th. Stockholders of record on Thursday, March 19th were issued a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend was Thursday, March 19th. Philip Morris International’s dividend payout ratio is presently 82.70%.

Philip Morris International Company 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.