Philip Morris International Inc. $PM Stock Position Lifted by Opal Capital LLC

Posted by Francis Steltz on Jul 29th, 2026

Opal Capital LLC raised its stake in Philip Morris International Inc. (NYSE:PM – Free Report) by 10.3% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 96,456 shares of the company’s stock after purchasing an additional 8,979 shares during the quarter. Philip Morris International accounts for 2.8% of Opal Capital LLC’s portfolio, making the stock its 2nd biggest position. Opal Capital LLC’s holdings in Philip Morris International were worth $15,948,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Assetmark Inc. lifted its stake in Philip Morris International by 22.2% in the fourth quarter. Assetmark Inc. now owns 630,583 shares of the company’s stock worth $101,146,000 after acquiring an additional 114,618 shares during the period. Global Retirement Partners LLC boosted its holdings in Philip Morris International by 40.3% in the fourth quarter. Global Retirement Partners LLC now owns 67,177 shares of the company’s stock valued at $10,775,000 after acquiring an additional 19,309 shares in the last quarter. World Investment Advisors increased its position in Philip Morris International by 42.5% during the 4th quarter. World Investment Advisors now owns 115,267 shares of the company’s stock valued at $18,489,000 after purchasing an additional 34,392 shares during the period. New York Life Investment Management LLC raised its holdings in Philip Morris International by 3.6% in the 4th quarter. New York Life Investment Management LLC now owns 216,613 shares of the company’s stock worth $34,745,000 after purchasing an additional 7,600 shares in the last quarter. Finally, Brighton Jones LLC lifted its position in shares of Philip Morris International by 31.1% in the 4th quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after purchasing an additional 2,023 shares during the period. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on PM. Needham & Company LLC lifted their target price on shares of Philip Morris International from $200.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Morgan Stanley raised their price objective on shares of Philip Morris International from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. Stifel Nicolaus lifted their price objective on Philip Morris International from $195.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Finally, UBS Group upped 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, July 2nd. Eleven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $202.00.

Check Out Our Latest Report on PM

Philip Morris International Price Performance

Shares of NYSE:PM opened at $200.34 on Wednesday. The business has a fifty day moving average price of $183.05 and a 200-day moving average price of $176.17. The company has a market capitalization of $312.26 billion, a PE ratio of 28.79, a PEG ratio of 2.36 and a beta of 0.38. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $207.76.

Philip Morris International (NYSE:PM – Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.05 by $0.15. Philip Morris International had a net margin of 11.06% and a negative return on equity of 163.41%. The company had revenue of $11.19 billion for the quarter, compared to analysts’ expectations of $10.60 billion. During the same quarter in the previous year, the business posted $1.89 EPS. Philip Morris International’s revenue was up 10.4% compared to the same quarter last year. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. On average, sell-side analysts anticipate that Philip Morris International Inc. will post 8.35 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 20th. Stockholders of record on Thursday, June 25th were paid a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Thursday, June 25th. Philip Morris International’s dividend payout ratio is currently 84.48%.

Trending Headlines about Philip Morris International

Here are the key news stories impacting Philip Morris International this week:

Positive Sentiment: Philip Morris doubled its planned investment in its Aurora, Colorado, ZYN manufacturing campus to approximately $1.2 billion through 2028. The facility is intended to increase U.S. production, improve supply-chain resilience and support exports as demand for nicotine pouches grows. The campus could eventually generate about $550 million in annual economic output and support roughly 1,000 indirect jobs. Philip Morris doubles Colorado campus investment to $1.2 billion
Positive Sentiment: The Aurora campus has opened and expands PMI’s domestic manufacturing capacity, positioning the company to meet rising ZYN demand and establish a strategic U.S. production and export hub. Management’s willingness to invest heavily suggests confidence in the brand’s long-term growth prospects. PMI U.S. Opens $1.2 Billion Aurora Campus
Positive Sentiment: Reported regulatory approval for ZYN products improves the brand’s U.S. commercial position and provides additional support for future sales growth. Philip Morris Gains Ground After ZYN Approval
Positive Sentiment: PM’s latest quarterly results exceeded expectations, with earnings per share of $2.20 versus a $2.05 consensus estimate and revenue of $11.19 billion versus $10.60 billion. Revenue increased 10.4% year over year, reinforcing the company’s operating momentum.
Negative Sentiment: Philip Morris cut its 2026 adjusted earnings forecast for the third time, partly because of unfavorable currency assumptions. However, investors appear to be looking past the reduction because it does not primarily reflect weaker underlying demand and comes alongside substantial ZYN reinvestment. Why Did Philip Morris Rise After Cutting Its 2026 Profit Forecast Again?

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.