Epoch Investment Partners Inc. Has $87.01 Million Position in Philip Morris International Inc. $PM

Epoch Investment Partners Inc. lowered its stake in shares of Philip Morris International Inc. (NYSE:PM) by 2.3% in the first quarter, Holdings Channel reports. The firm owned 526,258 shares of the company’s stock after selling 12,339 shares during the period. Epoch Investment Partners Inc.’s holdings in Philip Morris International were worth $87,011,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PM. AG Campbell Advisory LLC acquired a new stake in shares of Philip Morris International in the fourth quarter worth $25,000. Portfolio Resources Advisor Group Inc. bought a new stake in Philip Morris International during the fourth quarter valued at about $26,000. Vermillion Wealth Management Inc. grew its position in shares of Philip Morris International by 146.5% in the first quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock valued at $29,000 after purchasing an additional 104 shares during the last quarter. Richards Merrill & Peterson Inc. bought a new position in shares of Philip Morris International in the fourth quarter worth about $28,000. Finally, Safe Harbor Fiduciary LLC bought a new position in shares of Philip Morris International in the fourth quarter worth about $29,000. Institutional investors and hedge funds own 78.63% of the company’s stock.

Philip Morris International Price Performance

Shares of PM stock opened at $192.84 on Friday. The stock has a market cap of $300.55 billion, a P/E ratio of 27.71, a price-to-earnings-growth ratio of 2.25 and a beta of 0.38. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $199.78. The stock has a fifty day moving average price of $182.79 and a 200 day moving average price of $175.46.

Philip Morris International (NYSE:PM) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.05 by $0.15. Philip Morris International had a net margin of 13.05% and a negative return on equity of 163.41%. The firm had revenue of $11.19 billion for the quarter, compared to analyst estimates of $10.60 billion. During the same quarter in the previous year, the firm posted $1.89 EPS. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. Equities research analysts anticipate that Philip Morris International Inc. will post 8.37 EPS for the current year.

Philip Morris International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, July 20th. Investors of record on Thursday, June 25th were paid a $1.47 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a yield of 3.0%. Philip Morris International’s payout ratio is presently 84.48%.

Key Headlines Impacting Philip Morris International

Here are the key news stories impacting Philip Morris International this week:

• Positive Sentiment: Philip Morris delivered a strong Q2 beat, with revenue and EPS topping estimates on the back of smoke-free product growth, which supports the stock’s bullish case. Philip Morris Trimmed Guidance, But Its Growth Story Looks Unshaken
• Positive Sentiment: Stifel and Needham both raised their price targets and kept buy ratings, signaling confidence that the company’s growth and margin trends can continue. Analyst price target raise coverage
• Positive Sentiment: BTIG upgraded Philip Morris to strong-buy, adding to the broader analyst optimism around the stock after earnings. BTIG upgrade coverage
• Neutral Sentiment: The company plans to increase spending to expand ZYN, which shows confidence in growth but also raises questions about near-term expense pressure. Philip Morris Ramps Spending to Grow Zyn Brand
• Neutral Sentiment: Some commentary argues the stock’s valuation is already rich, so even a solid quarter may not be enough to drive much more upside without continued execution. Philip Morris Q2: A Solid Quarter Isn’t Enough At This Price
• Negative Sentiment: Philip Morris trimmed full-year EPS guidance, which could limit enthusiasm despite the strong quarter and ongoing smoke-free momentum. Philip Morris Trimmed Guidance, But Its Growth Story Looks Unshaken

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Bank of America restated a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. UBS Group raised their price objective on shares of Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a research note on Thursday, July 2nd. BTIG Research set a $221.00 target price on shares of Philip Morris International and gave the stock a “buy” rating in a research report on Friday. Needham & Company LLC upped their target price on shares of Philip Morris International from $200.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Eleven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $202.00.

About Philip Morris International

Philip Morris International Inc (NYSE: PM) is a global tobacco company that manufactures and sells cigarettes, other nicotine-containing products and a growing portfolio of smoke-free alternatives for adult smokers. The firm traces its corporate roots to the 19th century Philip Morris enterprise and was established as an independent, publicly traded company following a 2008 separation from what is now Altria. Since the spin-off, the company has focused on serving international markets outside the United States.

PMI’s product mix includes traditional combustible cigarettes as well as smoke-free offerings such as heated tobacco systems and other reduced-risk products.