Taikang Asset Management Hong Kong Co Ltd Cuts Stake in Philip Morris International Inc. $PM

Posted by on Jun 17th, 2026

Taikang Asset Management Hong Kong Co Ltd cut its holdings in shares of Philip Morris International Inc. (NYSE:PM – Free Report) by 13.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 130,379 shares of the company’s stock after selling 19,588 shares during the quarter. Philip Morris International accounts for 2.1% of Taikang Asset Management Hong Kong Co Ltd’s investment portfolio, making the stock its 11th largest position. Taikang Asset Management Hong Kong Co Ltd’s holdings in Philip Morris International were worth $20,913,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Portfolio Resources Advisor Group Inc. purchased a new stake in shares of Philip Morris International during the fourth quarter worth $26,000. Dogwood Wealth Management LLC boosted its holdings in Philip Morris International by 96.5% in the third quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after purchasing an additional 82 shares during the period. Richards Merrill & Peterson Inc. acquired a new position in Philip Morris International during the 4th quarter worth $28,000. Entrust Financial LLC purchased a new stake in Philip Morris International during the 4th quarter worth about $31,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in Philip Morris International during the 3rd quarter worth about $32,000. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Trading Up 1.4%

PM stock opened at $184.32 on Wednesday. The stock has a market cap of $287.27 billion, a P/E ratio of 25.92, a PEG ratio of 2.10 and a beta of 0.38. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $193.05. The company’s 50 day moving average is $173.62 and its two-hundred day moving average is $170.30.

Philip Morris International (NYSE:PM – Get Free Report) last issued its earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) 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 analysts’ expectations of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.69 EPS. 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. On average, equities research analysts predict that Philip Morris International Inc. will post 8.4 earnings per share for the current year.

Philip Morris International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 20th. Shareholders of record on Thursday, June 25th will be paid a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 3.2%. The ex-dividend date is Thursday, June 25th. Philip Morris International’s dividend payout ratio is currently 82.70%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Barclays reiterated an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a research note on Monday, February 23rd. Stifel Nicolaus lowered their target price on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research note on Friday, April 10th. Needham & Company LLC reissued a “buy” rating and issued a $200.00 target price on shares of Philip Morris International in a report on Thursday, April 23rd. Bank of America restated a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Finally, UBS Group lowered their price objective 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. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Philip Morris International has a consensus rating of “Moderate Buy” and an average price target of $192.88.

Read Our Latest Research Report on Philip Morris International

Philip Morris International 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.

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Institutional Ownership by Quarter for Philip Morris International (NYSE:PM)

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