LFG Wealth Partners LLC purchased a new stake in Philip Morris International Inc. (NYSE:PM – Free Report) during the 4th quarter, HoldingsChannel reports. The firm purchased 18,385 shares of the company’s stock, valued at approximately $2,949,000. Philip Morris International comprises approximately 1.9% of LFG Wealth Partners LLC’s investment portfolio, making the stock its 13th biggest holding.
Other large investors have also added to or reduced their stakes in the company. Schroder Investment Management Group boosted its stake in Philip Morris International by 10.2% in the 3rd quarter. Schroder Investment Management Group now owns 302,173 shares of the company’s stock worth $49,251,000 after purchasing an additional 27,979 shares in the last quarter. Trajan Wealth LLC boosted its stake in Philip Morris International by 31.2% in the 3rd quarter. Trajan Wealth LLC now owns 132,295 shares of the company’s stock worth $21,458,000 after purchasing an additional 31,490 shares in the last quarter. Assetmark Inc. boosted its stake in Philip Morris International by 22.2% in the 4th quarter. Assetmark Inc. now owns 630,583 shares of the company’s stock worth $101,146,000 after purchasing an additional 114,618 shares in the last quarter. Global Retirement Partners LLC boosted its stake in Philip Morris International by 40.3% in the 4th quarter. Global Retirement Partners LLC now owns 67,177 shares of the company’s stock worth $10,775,000 after purchasing an additional 19,309 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Philip Morris International by 7.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 592,681 shares of the company’s stock worth $91,840,000 after purchasing an additional 43,200 shares in the last quarter. Institutional investors own 78.63% of the company’s stock.
Analysts Set New Price Targets
A number of equities analysts have weighed in on PM shares. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. UBS Group decreased their target price on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. Needham & Company LLC reissued a “buy” rating and issued a $200.00 target price on shares of Philip Morris International in a research report on Thursday, April 23rd. Stifel Nicolaus decreased their target price on Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Finally, Bank of America reissued a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Philip Morris International presently has an average rating of “Moderate Buy” and a consensus price target of $192.88.
Philip Morris International Stock Down 1.3%
NYSE PM opened at $181.94 on Tuesday. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $193.05. The firm has a market capitalization of $283.57 billion, a P/E ratio of 25.59, a PEG ratio of 2.13 and a beta of 0.38. The company has a 50-day moving average price of $173.09 and a 200-day moving average price of $170.10.
Philip Morris International (NYSE:PM – Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating the consensus estimate of $1.83 by $0.13. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The firm had revenue of $10.15 billion during the quarter, compared to analyst estimates of $9.95 billion. During the same quarter in the prior year, the firm earned $1.69 EPS. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. 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 8.4 EPS for the current year.
Philip Morris International Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, July 20th. Investors of record on Thursday, June 25th will be issued a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Thursday, June 25th. Philip Morris International’s dividend payout ratio is currently 82.70%.
Philip Morris International Company Profile
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.
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