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Philip Morris
PM

$99.92
1.26%
 

About: Philip Morris International is an international tobacco company with a product portfolio primarily consisting of cigarettes and reduced-risk products, including heat-not-burn, vapor and oral nicotine products, which are sold in markets outside the United States. The company diversified away from cigarettes with the acquisition in 2022 of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches, primarily in the US and Scandinavia. It diversified away from nicotine products with the acquisition of Vectura, a provider of innovative inhaled drug delivery solutions, in 2021.

Employees: 82,700

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 3 analysts
0
News positive %
of 25 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

26% more call options, than puts

Call options by funds: $511M | Put options by funds: $407M

0.37% less ownership

Funds ownership: 78.73% [Q4 2023] → 78.36% (-0.37%) [Q1 2024]

1% less funds holding

Funds holding: 2,097 [Q4 2023] → 2,081 (-16) [Q1 2024]

3% less capital invested

Capital invested by funds: $115B [Q4 2023] → $112B (-$3.46B) [Q1 2024]

8% less repeat investments, than reductions

Existing positions increased: 791 | Existing positions reduced: 861

10% less first-time investments, than exits

New positions opened: 144 | Existing positions closed: 160

19% less funds holding in top 10

Funds holding in top 10: 54 [Q4 2023] → 44 (-10) [Q1 2024]

Research analyst outlook

3 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$87
13%
downside
Avg. target
$96
4%
downside
High target
$115
15%
upside

3 analyst ratings

positive
33%
neutral
33%
negative
33%
Stifel
Matthew Smith
15%upside
$115
Buy
Maintained
24 Apr 2024
Societe Generale
Chas Manso
12%downside
$87.5
Hold
Upgraded
13 Feb 2024
UBS
Nik Oliver
13%downside
$86.5
Sell
Downgraded
23 Jan 2024

Financial journalist opinion

Based on 25 articles about PM published over the past 30 days