Philip Morris
About: Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heatsticks, vapes, and oral nicotine offerings primarily outside of the US. With the 2022 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI has not only diversified away from smokeable products but also gained a toehold into the US to sell its iQOS heatsticks.
Employees: 82,700
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
96% more first-time investments, than exits
New positions opened: 249 | Existing positions closed: 127
25% more call options, than puts
Call options by funds: $1.08B | Put options by funds: $871M
17% more capital invested
Capital invested by funds: $128B [Q2] → $150B (+$22.1B) [Q3]
8% more funds holding in top 10
Funds holding in top 10: 59 [Q2] → 64 (+5) [Q3]
6% more funds holding
Funds holding: 2,179 [Q2] → 2,301 (+122) [Q3]
3% less repeat investments, than reductions
Existing positions increased: 838 | Existing positions reduced: 867
1.64% less ownership
Funds ownership: 81.33% [Q2] → 79.69% (-1.64%) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$105
15%
downside
Avg. target
$137
10%
upside
High target
$155
25%
upside
7 analyst ratings
6 positive
86%
0 neutral
0%
1 negative
14%
Barclays Gaurav Jain 43% 1-year accuracy 3 / 7 met price target | 25%upside $155 | Overweight Maintained | 30 Oct 2024 |
JP Morgan Jared Dinges 50% 1-year accuracy 1 / 2 met price target | 17%upside $145 | Overweight Maintained | 23 Oct 2024 |
Stifel Matthew Smith 50% 1-year accuracy 16 / 32 met price target | 17%upside $145 | Buy Reiterated | 23 Oct 2024 |
UBS Faham Baig 40% 1-year accuracy 2 / 5 met price target | 15%downside $105 | Sell Maintained | 23 Oct 2024 |
Citigroup Simon Hales 33% 1-year accuracy 1 / 3 met price target | 6%upside $132 | Buy Maintained | 8 Oct 2024 |
Financial journalist opinion
Based on 14 articles about PM published over the past 30 days
Positive
Seeking Alpha
4 days ago
If I Could Only Buy 2 High Dividend Yield Companies In December 2024: Both Yield Above 7%
I will demonstrate why I believe that Altria and BB Seguridade Participações S.A. could be attractive additions to your dividend portfolio. Both companies have an attractive Valuation, combine dividend income and dividend growth, and can help you decrease the volatility of your dividend portfolio. While Altria offers a Dividend Yield [FWD] of 7.30%, BB Seguridade Participações S.A.'s stands at 8.64%. Both companies have also shown significant dividend growth in recent years.
Positive
24/7 Wall Street
6 days ago
Investors Are Buying Goldman Sachs Top High-Yield Dividend Picks Hand-Over-Fist
The artificial intelligence-driven technology rally led by the so-called Magnificent 7 over the past two years has been remarkable if you own those stocks.
Positive
Seeking Alpha
1 week ago
Altria Is Better Than Philip Morris Per The 10xEBT Rule
This article explains why I like MO better than PM, following the so-called rule of 10xEBT (earnings before taxes). MO features a lower EBT multiple (only about 8.1x of its FWD EBT) than PM (about 15x). Thus, under Buffett's 10x Pretax Rule, MO offers a much more compelling pretax earnings yield (over 12% vs. PM's 6.4%).
Neutral
Business Wire
1 week ago
Philip Morris International Declares Regular Quarterly Dividend of $1.35 Per Share
STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: The Board of Directors of Philip Morris International Inc. (NYSE: PM) today declared a regular quarterly dividend of $1.35 per common share, payable on January 13, 2025, to shareholders of record as of December 26, 2024. The ex-dividend date is December 26, 2024. For more details on stock, dividends and other information, see www.pmi.com/dividend. Philip Morris International: Delivering a Smoke-Free Future Philip Morris International (PMI) is a le.
Negative
24/7 Wall Street
1 week ago
3 Stocks Can Help You Get that Right Heading Into 2025
If you are looking to deploy capital heading into the new year or have fallen behind with our current holdings, keep reading.
Neutral
The Motley Fool
2 weeks ago
Billionaire Stanley Druckenmiller Sold 95% of Duquesne's Stake in Palantir and Is Piling Into This High-Yield Dividend Stock Instead
Less than three weeks ago, investors received what can arguably be described as the most-important data dump of the third quarter. Amid countless earnings reports and economic data releases, Nov. 14 marked the deadline for institutional investors to file Form 13F with the Securities and Exchange Commission.
Positive
Seeking Alpha
2 weeks ago
Philip Morris Continues To Reward Shareholders
Philip Morris International's strong Q3 2024 results show 2.9% organic shipment volume growth and double-digit revenue increase, highlighting its resilience in a tough market. The company's smoke-free portfolio drives growth with a 17% net revenue increase and 20% gross profit growth, outpacing its traditional combustible segment. Despite industry decline, Philip Morris expects $15 billion in 2024 smoke-free net revenues and 7.5% YoY EPS growth, supporting strong shareholder returns.
Neutral
Business Wire
3 weeks ago
Philip Morris International Marks a Decade of IQOS—a Milestone in the Journey to a Smoke-Free Future
STAMFORD, CT--(BUSINESS WIRE)--Philip Morris International Inc. (PMI) (NYSE: PM) marks the 10th anniversary of the introduction of its leading smoke-free product, IQOS. The launch of this smoke-free innovation was a breakthrough moment toward achieving the company's commitment to a future without cigarettes. In Japan—the first market where IQOS was launched in 2014—newly released public health data by the National Health and Nutritional Survey (NHNS),i an annual nationwide health examination su.
Neutral
GlobeNewsWire
3 weeks ago
The Ministry of the Interior and Safety in Korea Promotes its Support Services for Households in crisis with Philip Morris Korea
SEOUL, Korea, Nov. 26, 2024 (GLOBE NEWSWIRE) -- The Ministry of the Interior and Safety in Korea is taking a significant step to support households in crisis by collaborating with Philip Morris Korea. The Ministry and Philip Morris Korea agreed on including informative messages inside the packaging of four major products from Philip Morris Korea to inform consumers about available support services.
Positive
Seeking Alpha
3 weeks ago
Philip Morris: Market Dominance In Smoke-Free Products Driving A Compelling Growth Story
Philip Morris International is a wide-moat stock with significant upside due to its best-in-class smoke-free product portfolio and international exposure. The company's acquisition of Swedish Match and its strong financial performance, including robust EPS growth, support my strong buy rating. Despite inferior dividend metrics compared to competitors, PM's exemplary capital allocation has positioned it well for future growth and dividend acceleration.
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