Shares of Philip Morris International rose to $144.65 during today's afternoon trading session. Despite the 10.4% change, the Large-Cap Tobacco company still trades 5.63% above its average analyst target price of $136.93. So there may be further downside for the Tobacco stock. Philip Morris International has target prices ranging from $102.0 to $150.0 per share, and its average rating is buy.
Philip Morris International's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 0.6%. The stock's short ratio is 2.12. The company's insiders own 0.12% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 80.8%. In conclusion, we believe there is mixed market sentiment regarding Philip Morris International.
Institutions Invested in Philip Morris International
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Vanguard Group Inc | 9% | 138,264,582 | $19,999,281,054 |
| 2024-09-30 | Capital World Investors | 8% | 118,367,624 | $17,121,285,479 |
| 2024-09-30 | Blackrock Inc. | 7% | 101,685,824 | $14,708,346,446 |
| 2024-09-30 | Capital International Investors | 6% | 97,503,227 | $14,103,354,685 |
| 2024-09-30 | Capital Research Global Investors | 4% | 56,340,133 | $8,149,318,778 |
| 2024-09-30 | State Street Corporation | 4% | 54,711,621 | $7,913,762,653 |
| 2024-09-30 | GQG Partners LLC | 3% | 42,654,251 | $6,169,724,318 |
| 2024-09-30 | Geode Capital Management, LLC | 2% | 32,101,324 | $4,643,296,147 |
| 2024-09-30 | JP Morgan Chase & Company | 2% | 26,914,977 | $3,893,116,963 |
| 2024-09-30 | FMR, LLC | 1% | 23,168,446 | $3,351,199,970 |
