<div id="readability-page-1"><p>Canada Pension Plan Investment Board lifted its position in shares of  Philip Morris International Inc. (NYSE:PM - Free Report) by 47.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities &amp; Exchange Commission. The institutional investor  owned 1,838,118 shares of the company's stock after acquiring an additional 588,042 shares during the period. Canada Pension Plan Investment Board owned approximately 0.12% of Philip Morris International worth $334,776,000 as of its most recent filing with the Securities &amp; Exchange Commission.</p><ul><li>Doubt the Market? 3 Stocks to Rideout Fear, Uncertainty and Doubt</li></ul><p>Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. PFS Partners LLC raised its stake in shares of  Philip Morris International by 24.8% in the second quarter. PFS Partners LLC now owns 292 shares of the company's stock worth $53,000 after purchasing an additional 58 shares during the last quarter.  Uncommon Cents Investing LLC increased its holdings in  Philip Morris International by 1.1% in the 2nd quarter. Uncommon Cents Investing LLC now owns 5,666 shares of the company's stock worth $1,032,000 after buying an additional 61 shares in the last quarter.  NFP Retirement Inc. raised its position in  Philip Morris International by 2.5% in the 1st quarter. NFP Retirement Inc. now owns 2,589 shares of the company's stock worth $411,000 after buying an additional 62 shares during the last quarter.  Cranbrook Wealth Management LLC lifted its position in  Philip Morris International by 6.5% during the second quarter. Cranbrook Wealth Management LLC now owns 1,014 shares of the company's stock valued at $185,000 after purchasing an additional 62 shares during the period.  Finally, Meridian Wealth Partners LLC raised its stake in  Philip Morris International by 3.1% during the 2nd quarter. Meridian Wealth Partners LLC now owns 2,060 shares of the company's stock valued at $375,000 after buying an additional 62 shares during the last quarter. 78.63% of the stock is owned by institutional investors. </p><h2>Analysts Set New Price Targets</h2><p>A number of equities analysts have recently issued reports on the company. Morgan Stanley  set a $175.00 price target on Philip Morris International and gave the stock an &#34;overweight&#34; rating in a research note on Wednesday, October 22nd. Weiss Ratings  reissued a &#34;buy (b)&#34; rating on shares of Philip Morris International in a research report on Wednesday, October 8th. UBS Group reduced their price target on shares of Philip Morris International from $177.00 to $166.00 and set a &#34;neutral&#34; rating for the company in a research report on Friday, September 5th. JPMorgan Chase &amp; Co. lowered their price objective on shares of Philip Morris International from $190.00 to $185.00 and set an &#34;overweight&#34; rating on the stock in a research note on Wednesday, November 26th. Finally, Stifel Nicolaus  set a $180.00 target price on shares of Philip Morris International in a research report on Tuesday, October 21st. Twelve analysts have rated the stock with a Buy rating and one  has assigned  a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $189.00.</p><ul><li>3 Dividend Kings Outshining the Market in 2025</li></ul><p><b>View Our Latest Research Report on Philip Morris International</b></p><h2>Philip Morris International Trading Up 0.7%</h2><p>Philip Morris International stock opened at $150.83 on Friday. Philip Morris International Inc. has a 12-month low of $116.12 and a 12-month high of $186.69. The firm has a market capitalization of $234.79 billion, a price-to-earnings ratio of 27.32, a P/E/G ratio of 1.78 and a beta of 0.42. The firm has a 50 day moving average of $153.61 and a 200 day moving average of $165.53. </p><ul><li>3 Stocks Lifting 2025 Guidance Despite Market Jitters</li></ul><p>Philip Morris International (NYSE:PM - Get Free Report) last posted its quarterly earnings results on Tuesday, March 28th. The company reported $1.59 earnings per share for the quarter. The business had revenue of $8.12 billion during the quarter. Philip Morris International had a net margin of 9.33% and a negative return on equity of 122.14%.  On average, analysts predict that  Philip Morris International Inc. will post 7.14 EPS for the current year. </p><h2>Philip Morris International Increases Dividend</h2><p>The firm also recently declared a quarterly dividend, which was paid on Monday, October 20th. Shareholders of record on Friday, October 3rd were paid a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Friday, October 3rd. This is a boost from Philip Morris International's previous quarterly dividend of $1.35. Philip Morris International's dividend payout ratio (DPR) is currently 106.52%. </p><h2>Philip Morris International Company Profile</h2> (Free Report)<p>Philip Morris International Inc operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Philip Morris International</li><li>How to Choose Top Rated Stocks</li><li>3 Recently Downgraded Stocks to Avoid in 2026</li><li>Breakout Stocks: What They Are and How to Identify Them</li><li>The Chip Boom Is Back: 3 Stocks Positioned for Huge Gains</li><li>Upcoming IPO Stock Lockup Period, Explained</li><li>Oracle Stock Hit Hard: Why Its AI Pipeline Could Drive a 2026 Rally</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBN?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBN"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Philip Morris International Right Now?</h2><p>Before you consider Philip Morris International, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Philip Morris International wasn't on the list.</p><p>While Philip Morris International currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Canada Pension Plan Investment Board increased its stake in Philip Morris International Inc. by 47.0% in Q2, now holding 1,838,118 shares worth $334.78 million. Other institutional investors also adjusted their positions. Analysts have set new price targets, with an average rating of 'Moderate Buy' and a consensus target price of $189.00. Philip Morris International's stock opened at $150.83, with a market cap of $234.79 billion. The company reported $1.59 EPS for the last quarter and increased its quarterly dividend to $1.47 per share.</p>

Canada Pension Plan Investment Board Grows Stock Holdings in Philip Morris International Inc. $PM