Korea Investment CORP Purchases New Position in Philip Morris International Inc. $PM
Korea Investment CORP has acquired a new stake in Philip Morris International Inc. (NYSE:PM), purchasing 1,141,789 shares valued at approximately $206,561,000. Other institutional investors also adjusted their positions in the company, with significant increases from Vanguard Group Inc., Capital World Investors, BlackRock Inc., Capital International Investors, and Capital Research Global Investors. Analysts have issued a "Moderate Buy" consensus rating for Philip Morris International, with a consensus price target of $205.89.
Sumitomo Life Insurance Co. Buys New Position in Philip Morris International Inc. $PM
Sumitomo Life Insurance Co. has acquired a new position in Philip Morris International Inc. (NYSE:PM) during the second quarter, purchasing 24,301 shares valued at approximately $4.396 million. This move comes as other institutional investors have also adjusted their holdings in the tobacco giant, with several analysts maintaining "Buy" or "Overweight" ratings and setting price targets up to $225. Philip Morris International recently reported strong earnings, beating consensus estimates, and announced a quarterly dividend.
6,918 Shares in Philip Morris International Inc. $PM Acquired by TRB Wealth Management LLC
TRB Wealth Management LLC has acquired 6,918 shares of Philip Morris International (NYSE:PM) during the second quarter, a stake valued at approximately $1.25 million. The company reported strong quarterly earnings, beating estimates with $2.20 EPS and 10.4% year-over-year revenue growth. Analysts maintain a "Moderate Buy" rating for PM, with an average price target significantly above its current trading price.
Manhattan West Asset Management LLC Takes Position in Philip Morris International Inc. $PM
Manhattan West Asset Management LLC has acquired a new stake of 31,676 shares, valued at approximately $5.73 million, in Philip Morris International Inc. This investment makes Philip Morris International the 23rd largest holding in Manhattan West Asset Management LLC's portfolio, comprising 1.0% of its total assets. Other institutional investors have also adjusted their positions in the company, with several analysts maintaining "Buy" or "Overweight" ratings and an average price target of $205.89.
Keebeck Wealth Management Purchases Shares of 9,328 Philip Morris International Inc. $PM
Keebeck Wealth Management has acquired a new position in Philip Morris International Inc. (NYSE:PM), purchasing 9,328 shares valued at approximately $1.7 million. This move is part of broader institutional investor activity, with several other firms also adjusting their stakes in PM. Analysts maintain a "Moderate Buy" rating for Philip Morris, which recently exceeded quarterly earnings and revenue expectations and offers a 3.1% dividend yield.
Callan Family Office LLC Buys New Shares in Philip Morris International Inc. $PM
Callan Family Office LLC has acquired 114,031 shares of Philip Morris International (NYSE:PM) in the second quarter, valued at approximately $20.6 million. Philip Morris reported strong quarterly earnings, beating analyst estimates with EPS of $2.20 and revenue of $11.19 billion, alongside a 3.1% dividend yield. Analysts maintain a "Moderate Buy" rating with a consensus price target of $205.89 for the stock.
7,448 Shares in Philip Morris International Inc. $PM Acquired by Heartland Bank & Trust Co
Heartland Bank & Trust Co has acquired a new stake of 7,448 shares in Philip Morris International Inc. (NYSE:PM) valued at approximately $1,347,000. Other institutional investors also made changes to their holdings in the company. Philip Morris International reported strong Q2 earnings, exceeding analyst estimates, and has a dividend yield of 3.1%.
EP Wealth Advisors LLC Purchases Shares of 50,883 Philip Morris International Inc. $PM
EP Wealth Advisors LLC acquired a new position of 50,883 shares in Philip Morris International Inc. (NYSE:PM) during the second quarter, valued at approximately $9.21 million. Several other institutional investors also adjusted their holdings in the tobacco company. Philip Morris International reported strong Q2 earnings, beating analyst estimates, and announced a quarterly dividend of $1.47 per share.
Blue Capital Inc. Buys Shares of 16,339 Philip Morris International Inc. $PM
Blue Capital Inc. recently acquired 16,339 shares of Philip Morris International Inc. (NYSE:PM), valued at approximately $2.96 million, making it their 11th largest holding. Other institutional investors like Bank of New York Mellon Corp and Global Retirement Partners LLC also increased their stakes in the company. Analysts have largely given Philip Morris International a "buy" rating with an average target price of $205.89, following strong Q2 earnings and dividend announcements.
Philip Morris International Inc. stock underperforms Friday when compared to competitors
Philip Morris International Inc. (PM) shares fell by 1.72% on Friday, closing at $188.23, despite a strong performance by the broader market, with the S&P 500 and Dow Jones Industrial Average both rising. This decline ended a three-day winning streak for the stock.
Philip Morris gets FDA nod for 11 new nicotine pouches
The U.S. FDA has authorized 11 new nicotine pouch products from Philip Morris, including 9 mg Zyn Ultra variants, citing lower harmful constituents compared to other oral tobacco products. This follows a previous June approval for 20 Zyn variants deemed less harmful than cigarettes. The move strengthens Philip Morris's position in the rapidly growing nicotine pouch market, despite the company having recently lowered its annual forecast due to currency headwinds.
How Altria's Q2 Results and Guidance Shape Its 2026 Earnings Path
Altria Group, Inc. (MO) missed second-quarter consensus expectations, but adjusted earnings still increased year over year, leading management to raise the low end of its 2026 earnings outlook. The company's pricing strategies, smokeable margins, and benefits from cigarette import/export activities are expected to support its earnings path, despite challenges from cigarette volume declines, weaker oral tobacco results, and higher capital spending. The narrowed guidance provides a clearer earnings range for 2026, though operational success will depend on effective pricing, margin discipline, and the timing of second-half benefits.
How Altria's Q2 Results and Guidance Shape Its 2026 Earnings Path
Altria (MO) missed Q2 consensus estimates but reported increased adjusted earnings and raised the lower end of its 2026 earnings outlook. The company's earnings path is supported by pricing, smokeable margins, and benefits from cigarette import/export, despite challenges from cigarette volume declines, weaker oral tobacco results, and higher capital spending. The narrowed guidance for 2026 implies 3.5-5.5% growth and focuses attention on second-half execution to offset volume and spending pressures.
Portfolio Design Labs LLC Acquires New Position in Philip Morris International Inc. $PM
Portfolio Design Labs LLC has recently acquired a new position in Philip Morris International Inc. (NYSE:PM), purchasing 22,632 shares valued at approximately $4.094 million. Other institutional investors like Vanguard Group Inc., Capital World Investors, and BlackRock Inc. also increased their stakes in the company. Philip Morris International reported strong Q2 earnings, exceeding analyst estimates, and announced a quarterly dividend of $1.47 per share.
13,629 Shares in Philip Morris International Inc. $PM Acquired by Mystic Asset Management Inc.
Mystic Asset Management Inc. recently purchased 13,629 shares of Philip Morris International Inc. (NYSE:PM) valued at approximately $2.466 million during the second quarter. This move is part of broader institutional interest, with several other large investors also adjusting their holdings in the company. Philip Morris International reported strong Q2 earnings, surpassing analyst expectations, and announced a quarterly dividend of $1.47 per share.
Tocqueville Asset Management L.P. Buys Shares of 7,979 Philip Morris International Inc. $PM
Tocqueville Asset Management L.P. recently acquired 7,979 shares of Philip Morris International (NYSE:PM) worth approximately $1.44 million. This move is part of broader institutional investment, as 78.63% of the company's stock is held by institutional investors. Analysts maintain a positive outlook, with a "Moderate Buy" consensus rating and an average price target of $205.89, supported by Philip Morris's strong Q2 earnings performance and consistent dividend payouts.
Vise Technologies Inc. Makes New Investment in Philip Morris International Inc. $PM
Vise Technologies Inc. has acquired a new position in Philip Morris International Inc. (NYSE:PM), purchasing 144,193 shares valued at approximately $26.09 million. This investment comes as other institutional investors have also adjusted their holdings in the company. Analysts maintain a "Moderate Buy" consensus rating for Philip Morris International, with an average target price of $205.89.
PCM Encore LLC Acquires Shares of 8,780 Philip Morris International Inc. $PM
PCM Encore LLC has initiated a new position in Philip Morris International (NYSE: PM), acquiring 8,780 shares valued at approximately $1.59 million. Other institutional investors like Vanguard Group Inc. and BlackRock Inc. also hold significant stakes. Philip Morris recently reported strong quarterly earnings, beating estimates with $2.20 EPS and $11.19 billion in revenue, and declared a quarterly dividend of $1.47 per share.
Wall Street's Most Accurate Analysts Spotlight On 3 Defensive Stocks Delivering High-Dividend Yields
This article highlights three high-dividend-yielding defensive stocks in the consumer staples sector—Hershey Co (HSY), Philip Morris International Inc. (PM), and Mondelez International Inc (MDLZ)—that are being spotlighted by Wall Street's most accurate analysts. It details recent analyst ratings, price target adjustments, and the analysts' accuracy rates for each company, alongside recent financial news that influenced these ratings. The focus is on providing investors with insights into stable, dividend-paying companies during uncertain market conditions.
E Fund Management Co. Ltd. Takes $3.04 Million Position in Philip Morris International Inc. $PM
E Fund Management Co. Ltd. has acquired a new position of 16,796 shares in Philip Morris International Inc. valued at approximately $3.04 million during the second quarter. Philip Morris reported stronger-than-expected quarterly results, with an EPS of $2.20 and revenue of $11.19 billion, and maintains a quarterly dividend of $1.47 per share, yielding 3.1% annually. Analysts have a consensus "Moderate Buy" rating with an average price target of $205.89 for the stock.
Fairtree Asset Management Pty Ltd Makes New Investment in Philip Morris International Inc. $PM
Fairtree Asset Management Pty Ltd has purchased a new stake of 9,914 shares, valued at approximately $1,794,000, in Philip Morris International Inc. during the second quarter. This new investment comes as several other institutional investors have also adjusted their holdings in PM. Analysts have set new price targets for Philip Morris International, with an average rating of "Moderate Buy" and a consensus price target of $205.89.
B. Metzler seel. Sohn & Co. AG Makes New $8.56 Million Investment in Philip Morris International Inc. $PM
B. Metzler seel. Sohn & Co. AG has acquired a new stake of 47,342 shares in Philip Morris International Inc. (NYSE:PM), valued at approximately $8.56 million, during the second quarter. This investment is part of a trend where several institutional investors have increased their positions in Philip Morris. The company recently reported strong quarterly earnings, topping analyst estimates, and announced a quarterly dividend, while analysts have largely given the stock "Buy" or "Overweight" ratings with raised price targets.
Bank of New York Mellon Corp Buys 2,755,662 Shares of Philip Morris International Inc. $PM
Bank of New York Mellon Corp significantly increased its stake in Philip Morris International Inc. by 30.9% in the second quarter, acquiring an additional 2,755,662 shares. Other institutional investors also adjusted their holdings in PM, which reported strong earnings for the last quarter, beating consensus estimates. The company also announced a quarterly dividend of $1.47 per share, and analysts have largely given the stock "Buy" ratings with increased price targets.
Allworth Financial LP Buys New Holdings in Philip Morris International Inc. $PM
Allworth Financial LP has acquired a new position in Philip Morris International Inc. (NYSE:PM), purchasing 154,005 shares valued at approximately $27.86 million in the second quarter. Several other institutional investors also adjusted their holdings in PM. The company currently holds a "Moderate Buy" consensus rating from analysts, with an average target price of $205.89.
Advisors Capital Management LLC Buys New Holdings in Philip Morris International Inc. $PM
Advisors Capital Management LLC has acquired a new stake in Philip Morris International Inc. (NYSE:PM) during the second quarter, purchasing 674,460 shares valued at approximately $122.02 million, making it their 16th largest holding. Other institutional investors also increased their positions in PM, with 78.63% of the stock owned by hedge funds and institutional investors. Philip Morris International reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend, while analysts maintain a "Moderate Buy" rating with a consensus price target of $205.89.
27,068 Shares in Philip Morris International Inc. $PM Bought by Abacus FCF Advisors LLC
Abacus FCF Advisors LLC has acquired a new position in Philip Morris International Inc. (NYSE:PM) by purchasing 27,068 shares valued at approximately $4.897 million in the second quarter. This move is part of broader institutional investor activity, with several other firms also adjusting their stakes in the company. Philip Morris International recently reported strong quarterly earnings, beating analyst estimates, and declared a quarterly dividend of $1.47 per share.
Five artists will put their work on collectible ZYN cases—with no product inside
Philip Morris International (NYSE: PM), through its U.S. businesses (PMI U.S.), announced five artists for the ZYN America250 Art Series to celebrate the nation's 250th anniversary. Cordy Ryman, Bisco Smith, Dan Levenson, Ray Materson, and Laurie Simmons will create original works for limited-edition metal ZYN cases, which will contain no product and be sold as collectible accessories starting in fall 2026. This initiative aims to showcase diverse American creative expression and will include broader cultural programming and community engagement.
Main Street Financial Solutions LLC Acquires Shares of 8,058 Philip Morris International Inc. $PM
Main Street Financial Solutions LLC has acquired 8,058 shares of Philip Morris International Inc. (NYSE:PM) valued at approximately $1.46 million during the second quarter. This move comes as institutional investors collectively own 78.63% of the company, and analysts maintain a "Moderate Buy" consensus rating with an average price target of $205.89. Philip Morris International has demonstrated strong financial performance, exceeding quarterly expectations with $2.20 in adjusted EPS and $11.19 billion in revenue, alongside a 3.1% annual dividend yield.
one8zero8 LLC Buys Shares of 25,802 Philip Morris International Inc. $PM
one8zero8 LLC has acquired a new stake in Philip Morris International Inc. (NYSE:PM) by purchasing 25,802 shares valued at approximately $4.67 million during the second quarter, making it their 28th largest position. Other institutional investors also adjusted their holdings in the company. Philip Morris International reported strong quarterly earnings, beating consensus estimates, and announced a quarterly dividend, with analysts providing a "Moderate Buy" consensus rating and a target price of $205.89.
NewEdge Wealth LLC Makes New Investment in Philip Morris International Inc. $PM
NewEdge Wealth LLC recently made a significant new investment in Philip Morris International Inc. (NYSE:PM) by purchasing 60,585 shares valued at approximately $10.96 million. Other institutional investors also adjusted their holdings in the company, with several increasing their stakes. Philip Morris International reported strong Q2 earnings, surpassing analyst estimates, and analysts have set new price targets, largely recommending a "Buy" rating for the stock.
5,474 Shares in Philip Morris International Inc. $PM Bought by West Family Investments Inc.
West Family Investments Inc. recently acquired 5,474 shares of Philip Morris International Inc. (NYSE:PM) for approximately $990,000 during the second quarter. Other institutional investors like Brighton Jones LLC, Revolve Wealth Partners LLC, Sivia Capital Partners LLC, Jump Financial LLC, and Osterweis Capital Management Inc. also adjusted their stakes in the company. Philip Morris International reported strong Q2 earnings, exceeding analyst estimates, and announced a quarterly dividend of $1.47 per share.
Philip Morris International Inc. $PM Shares Purchased by Wealthfront Advisers LLC
Wealthfront Advisers LLC increased its stake in Philip Morris International Inc. by 5.4% during the second quarter, bringing its total holdings to 210,718 shares valued at $38.12 million. Other institutional investors also adjusted their positions in PM. Analysts maintain a "Moderate Buy" rating for Philip Morris International, with an average target price of $205.89, following recent price target boosts from several brokerages.
43,892 Shares in Philip Morris International Inc. $PM Acquired by Csenge Advisory Group
Csenge Advisory Group has acquired 43,892 shares of Philip Morris International Inc. (NYSE:PM) during the second quarter, valued at approximately $7.94 million. This move is part of broader institutional investment activity, with several other major firms like Vanguard Group Inc., Capital World Investors, and BlackRock Inc. also increasing their stakes in Philip Morris. Analysts maintain a "Moderate Buy" rating for PM, with a consensus target price of $205.89, following the company's recent strong earnings report and dividend declaration.
Diversify Advisory Services LLC Acquires Shares of 76,367 Philip Morris International Inc. $PM
Diversify Advisory Services LLC recently acquired a new stake of 76,367 shares in Philip Morris International Inc., valued at approximately $14.94 million. Other institutional investors have also adjusted their holdings in the company, with several analysts maintaining "buy" or "overweight" ratings and an average price target of $205.89. Philip Morris International reported strong Q2 earnings, surpassing analyst expectations, and announced a quarterly dividend of $1.47 per share.
AssuredPartners Investment Advisors LLC Purchases Shares of 10,889 Philip Morris International Inc. $PM
AssuredPartners Investment Advisors LLC recently acquired 10,889 shares of Philip Morris International Inc. (NYSE:PM) during the second quarter, valuing the stake at approximately $1.97 million. The tobacco giant reported strong quarterly earnings, surpassing analyst expectations with $2.20 EPS and $11.19 billion in revenue, marking a 10.4% year-over-year increase. Analysts maintain a "Moderate Buy" rating for PM, with an average price target of $205.89, and the company offers an annual dividend of $5.88, yielding 3.1%.
Philip Morris International Inc. (NYSE:PM) Given Consensus Recommendation of "Moderate Buy" by Analysts
Analysts have issued a "Moderate Buy" consensus rating for Philip Morris International (NYSE:PM), with an average 12-month price target of $205.89. The company recently surpassed Q2 earnings expectations, reporting adjusted EPS of $2.20 and revenue of $11.19 billion, and has declared a quarterly dividend of $1.47 per share, yielding 3.1%. Institutional investors currently hold a significant 78.63% stake in the company.
Target Corporation (TGT) vs. Walmart (WMT): A Closer Look at Two Dividend Giants
This article compares Target (TGT) and Walmart (WMT) as dividend investments, highlighting their different income profiles and dividend growth potential. Target offers a higher current yield but has a smaller cash flow cushion and relies more on a retail turnaround, while Walmart provides a lower yield but boasts a stronger cash flow, more defensive business model, and greater flexibility for future dividend increases. The choice depends on an investor's preference for current income versus long-term dividend reliability.
Philip Morris International Inc. stock underperforms Wednesday when compared to competitors despite daily gains
Philip Morris International Inc. (PM) shares increased by 1.23% on Wednesday, closing at $189.93. Despite this gain, the stock underperformed compared to the broader market, as the S&P 500 Index rose by 0.21% and the Dow Jones Industrial Average gained 0.22%. This marks the second consecutive day of gains for Philip Morris International Inc.
Philip Morris (PM) Stock Looks Below Fair Value While Earnings Look Full
Philip Morris International (PM) has seen a 135.5% total return over the last five years. While a Discounted Cash Flow (DCF) analysis suggests the stock is undervalued by 16.9% compared to its intrinsic value, its P/E ratio of 27.0x is higher than industry averages, indicating it's fairly valued based on earnings. The article concludes that the key determinant for future value lies in the durable cash flows from smoke-free products without significant regulatory pushback.
Philip Morris International Inc. $PM Position Raised by OneDigital Investment Advisors LLC
OneDigital Investment Advisors LLC increased its stake in Philip Morris International Inc. (NYSE:PM) by 17.9% in the second quarter, bringing its total holdings to 36,929 shares valued at $6.68 million. Other institutional investors also adjusted their positions, with several firms raising their holdings in the company. Philip Morris International reported strong Q2 earnings, beating analyst estimates, and announced a quarterly dividend of $1.47 per share.
Philip Morris International Inc. $PM Shares Sold by UNIVEST FINANCIAL Corp
UNIVEST FINANCIAL Corp recently reduced its stake in Philip Morris International Inc. by 7.2%, selling 5,509 shares, but still holds 71,404 shares valued at $12.9 million. Despite this, analysts maintain a "Moderate Buy" rating with an average price target of $205.89, with some firms raising targets up to $225. Philip Morris also reported strong quarterly earnings, exceeding estimates with $2.20 EPS and $11.19 billion in revenue, and continues to offer a $1.47 quarterly dividend, yielding 3.1%.
Trust Co. of Vermont Takes Position in Philip Morris International Inc. $PM
Trust Co. of Vermont recently acquired a new stake in Philip Morris International Inc. (NYSE:PM) by purchasing 10,160 shares valued at approximately $1.84 million. This move is part of broader institutional investor activity, with several other firms also adjusting their holdings in the company. Analysts maintain a "Moderate Buy" consensus rating for Philip Morris International, with an average target price of $205.89.
Parker-Hannifin Corporation $PH Shares Bought by Great Lakes Advisors LLC
Great Lakes Advisors LLC increased its stake in Parker-Hannifin Corporation (NYSE:PH) by 1.4% during the second quarter, making it the firm's 6th largest holding. Several other institutional investors also adjusted their positions in the industrial products company. Parker-Hannifin reported strong quarterly earnings, surpassing analyst estimates, and analysts have issued mostly positive ratings and price targets for the stock.
Cornerstone Advisors LLC Cuts Stake in Philip Morris International Inc. $PM
Cornerstone Advisors LLC reduced its stake in Philip Morris International Inc. by 13.9% during the second quarter, selling 24,514 shares and now holding 152,329 shares valued at $27.56 million. Despite this, other institutional investors have recently adjusted their positions in the company, with hedge funds and institutional investors collectively owning 78.63% of the stock. Philip Morris International reported strong Q2 earnings, surpassing analyst estimates, and has a "Moderate Buy" consensus rating from analysts with an average target price of $205.89.
Deutsche Bank AG Buys 6,069 Shares of Philip Morris International Inc. $PM
Deutsche Bank AG increased its stake in Philip Morris International Inc. (NYSE:PM) by 0.2% during the second quarter, acquiring an additional 6,069 shares, bringing its total holdings to 2,788,685 shares valued at $504.5 million. The article also notes that other institutional investors have adjusted their positions in PM, and several Wall Street analysts have issued "buy" or "overweight" ratings for the stock, with a consensus target price of $205.89. Philip Morris International reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend.
BlackRock Inc. Increases Stake in Philip Morris International Inc. $PM
BlackRock Inc. has increased its stake in Philip Morris International Inc. (NYSE:PM) by 0.4% in the second quarter, now owning 6.93% of the company's stock valued at $19.54 billion. Other institutional investors have also adjusted their positions in PM. The article notes that several analysts have issued "buy" ratings and increased price targets for Philip Morris International, with the company also announcing a quarterly dividend.
Beverly Hills Private Wealth LLC Decreases Stock Holdings in Philip Morris International Inc. $PM
Beverly Hills Private Wealth LLC significantly reduced its stake in Philip Morris International Inc. (NYSE:PM) by 48.3% during the second quarter, selling 27,611 shares and now holding 29,510 shares valued at $5.34 million. Despite this reduction, other institutional investors like Vanguard Group Inc., Capital World Investors, and Bank of America Corp DE increased their holdings in the company. Philip Morris International recently announced a quarterly dividend of $1.47 per share and beat analyst expectations for its last quarterly earnings.
Philip Morris International Inc. stock underperforms Tuesday when compared to competitors despite daily gains
Philip Morris International Inc. (PM) stock rose 1.68% on Tuesday, closing at $187.62, despite a generally negative trading session for the broader market. The S&P 500 and Dow Jones Industrial Average both saw declines. Despite its daily gains, PM stock underperformed compared to its competitors and remained 9.69% below its 52-week high reached in July.
Russell Investments Group Ltd. Decreases Stake in Philip Morris International Inc. $PM
Russell Investments Group Ltd. reduced its stake in Philip Morris International Inc. by 3.7% in the second quarter, now holding 1,015,701 shares valued at $183.77 million. Despite this, other institutional investors have recently modified their holdings, with hedge funds and institutional investors owning 78.63% of the company's stock. Analysts generally maintain a "Moderate Buy" rating for PM, with an average price target of $205.89, following the company's Q2 earnings beat and dividend announcement.
Focus Partners Advisor Solutions LLC Boosts Stock Position in Philip Morris International Inc. $PM
Focus Partners Advisor Solutions LLC increased its stake in Philip Morris International Inc. by 44.7% in the second quarter, bringing its total holdings to 43,282 shares valued at $7.83 million. Other institutional investors have also adjusted their positions in the company, with hedge funds and institutional investors collectively owning 78.63% of the stock. Analysts currently have a "Moderate Buy" rating for Philip Morris International, with a consensus price target of $205.89.
