4,080 Shares in Philip Morris International Inc. $PM Purchased by Fiera Capital Corp

by · The Cerbat Gem

Fiera Capital Corp acquired a new position in Philip Morris International Inc. (NYSE:PM – Free Report) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 4,080 shares of the company’s stock, valued at approximately $654,000.

Other large investors have also recently made changes to their positions in the company. Dogwood Wealth Management LLC lifted its holdings in shares of Philip Morris International by 96.5% in the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock worth $27,000 after acquiring an additional 82 shares during the last quarter. Richards Merrill & Peterson Inc. acquired a new position in shares of Philip Morris International in the 4th quarter worth approximately $28,000. Entrust Financial LLC acquired a new position in shares of Philip Morris International in the 4th quarter worth approximately $31,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Philip Morris International in the third quarter valued at $32,000. Finally, McIlrath & Eck LLC acquired a new stake in shares of Philip Morris International in the second quarter valued at $36,000. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Stock Up 2.5%

Shares of PM opened at $183.01 on Thursday. The stock has a 50 day moving average price of $171.77 and a 200 day moving average price of $169.52. The company has a market capitalization of $285.23 billion, a price-to-earnings ratio of 25.74, a price-to-earnings-growth ratio of 2.06 and a beta of 0.38. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $193.05.

Philip Morris International (NYSE:PM – Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The firm had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.95 billion. During the same period in the prior year, the company posted $1.69 earnings per share. The firm’s quarterly revenue 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. On average, equities analysts anticipate that Philip Morris International Inc. will post 8.4 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Morgan Stanley lifted their price objective on Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, June 3rd. Needham & Company LLC reaffirmed a “buy” rating and issued a $200.00 price objective on shares of Philip Morris International in a research note on Thursday, April 23rd. UBS Group dropped their price objective on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a research note on Friday, April 17th. Stifel Nicolaus reduced 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. Finally, Bank of America reissued a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $192.88.

Check Out Our Latest 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.

Further Reading

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