Hilltop Holdings Inc. Has $3.25 Million Stock Holdings in Philip Morris International Inc. $PM

by · The Markets Daily

Hilltop Holdings Inc. trimmed its holdings in shares of Philip Morris International Inc. (NYSE:PMFree Report) by 63.4% during the first quarter, HoldingsChannel reports. The fund owned 19,629 shares of the company’s stock after selling 33,962 shares during the quarter. Hilltop Holdings Inc.’s holdings in Philip Morris International were worth $3,245,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Capital International Investors raised its stake in shares of Philip Morris International by 13.7% during the fourth quarter. Capital International Investors now owns 101,377,875 shares of the company’s stock valued at $16,262,967,000 after acquiring an additional 12,227,004 shares during the last quarter. Capital Research Global Investors grew its stake in shares of Philip Morris International by 25.3% in the fourth quarter. Capital Research Global Investors now owns 54,559,706 shares of the company’s stock worth $8,751,407,000 after purchasing an additional 11,013,173 shares during the last quarter. Capital World Investors grew its stake in shares of 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 last quarter. Massachusetts Financial Services Co. MA increased its holdings in Philip Morris International by 36.3% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 9,301,112 shares of the company’s stock valued at $1,491,898,000 after purchasing an additional 2,475,204 shares during the period. Finally, Vanguard Group Inc. raised its position in Philip Morris International by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 145,262,397 shares of the company’s stock worth $23,300,088,000 after purchasing an additional 1,793,949 shares during the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Stock Up 0.9%

PM opened at $192.84 on Friday. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $199.78. The company has a fifty day moving average of $182.79 and a 200-day moving average of $175.46. The stock has a market cap of $300.55 billion, a PE ratio of 27.71, a price-to-earnings-growth ratio of 2.25 and a beta of 0.38.

Philip Morris International (NYSE:PMGet Free Report) last announced its earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share for the quarter, topping analysts’ consensus estimates of $2.05 by $0.15. The business had revenue of $11.19 billion during the quarter, compared to the consensus estimate of $10.60 billion. Philip Morris International had a net margin of 13.05% and a negative return on equity of 163.41%. Philip Morris International’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.89 earnings per share. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. Sell-side analysts anticipate that Philip Morris International Inc. will post 8.37 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 20th. Stockholders of record on Thursday, June 25th were given a $1.47 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $5.88 annualized dividend and a dividend yield of 3.0%. Philip Morris International’s dividend payout ratio (DPR) is 84.48%.

Trending Headlines about Philip Morris International

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Wall Street Analyst Weigh In

Several brokerages have commented on PM. Needham & Company LLC lifted their target price on Philip Morris International from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday. Stifel Nicolaus increased their price target on Philip Morris International from $195.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday. Bank of America restated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. UBS Group raised their price objective on Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a research report on Thursday, July 2nd. Finally, BTIG Research set a $221.00 price objective on Philip Morris International and gave the stock a “buy” rating in a research note on Friday. Eleven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $202.00.

View Our Latest Analysis on PM

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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