Strs Ohio Has $92.84 Million Stock Holdings in Philip Morris International Inc. $PM

Posted by Geri Gentry on Jul 3rd, 2026

Strs Ohio decreased its position in Philip Morris International Inc. (NYSE:PM – Free Report) by 4.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 561,502 shares of the company’s stock after selling 27,577 shares during the period. Strs Ohio’s holdings in Philip Morris International were worth $92,839,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of PM. Vanguard Group Inc. increased its position in shares of Philip Morris International by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 145,262,397 shares of the company’s stock valued at $23,300,088,000 after purchasing an additional 1,793,949 shares during the period. Capital World Investors lifted its position in Philip Morris International by 2.8% in the fourth quarter. Capital World Investors now owns 132,355,726 shares of the company’s stock worth $21,230,315,000 after purchasing an additional 3,579,399 shares during the period. Capital International Investors boosted its stake in Philip Morris International by 13.7% during the fourth quarter. Capital International Investors now owns 101,377,875 shares of the company’s stock worth $16,262,967,000 after buying an additional 12,227,004 shares in the last quarter. Capital Research Global Investors increased its holdings in Philip Morris International by 25.3% in the 4th quarter. Capital Research Global Investors now owns 54,559,706 shares of the company’s stock valued at $8,751,407,000 after buying an additional 11,013,173 shares during the period. Finally, Invesco Ltd. raised its stake in shares of Philip Morris International by 2.5% in the 4th quarter. Invesco Ltd. now owns 15,631,408 shares of the company’s stock valued at $2,507,278,000 after buying an additional 383,786 shares in the last quarter. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Up 2.7%

NYSE:PM opened at $182.52 on Friday. The firm has a market cap of $284.47 billion, a PE ratio of 25.67, a price-to-earnings-growth ratio of 2.07 and a beta of 0.38. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $193.05. The company’s 50-day moving average price is $178.56 and its two-hundred day moving average price is $172.60.

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, topping the consensus estimate of $1.83 by $0.13. The company had revenue of $10.15 billion during the quarter, compared to analyst estimates 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 was up 9.1% on a year-over-year basis. During the same quarter last year, the business posted $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. On average, research analysts expect that Philip Morris International Inc. will post 8.4 EPS for the current fiscal year.

Philip Morris International Announces Dividend

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

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Stifel Nicolaus lowered their price objective on Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. UBS Group increased their target price on Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a report on Thursday. Finally, Needham & Company LLC restated a “buy” rating and set a $200.00 target price on shares of Philip Morris International in a research report on Thursday, April 23rd. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $194.62.

Check Out Our Latest Report on Philip Morris International

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.