X Square Capital LLC Acquires Shares of 18,412 Philip Morris International Inc. $PM

X Square Capital LLC acquired a new position in Philip Morris International Inc. (NYSE:PM) in the 2nd quarter, Holdings Channel reports. The firm acquired 18,412 shares of the company’s stock, valued at approximately $3,331,000.

Several other institutional investors and hedge funds have also recently modified their holdings of PM. Brighton Jones LLC raised its stake in Philip Morris International by 31.1% in the fourth quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after buying an additional 2,023 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in Philip Morris International by 4.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock worth $252,000 after buying an additional 91 shares during the period. Sivia Capital Partners LLC boosted its position in Philip Morris International by 53.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company’s stock valued at $1,027,000 after acquiring an additional 1,970 shares in the last quarter. Jump Financial LLC bought a new stake in Philip Morris International during the 2nd quarter valued at approximately $2,454,000. Finally, Osterweis Capital Management Inc. grew its holdings in shares of Philip Morris International by 2,280.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 357 shares of the company’s stock worth $65,000 after acquiring an additional 342 shares during the period. 78.63% of the stock is owned by hedge funds and other institutional investors.

Philip Morris International Stock Performance

Shares of PM opened at $188.14 on Friday. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $207.76. The firm’s 50-day simple moving average is $186.03 and its two-hundred day simple moving average is $178.36. The stock has a market cap of $293.24 billion, a PE ratio of 27.03, a price-to-earnings-growth ratio of 2.27 and a beta of 0.38.

Philip Morris International (NYSE:PM) last released its 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 11.06% and a negative return on equity of 163.41%. The firm had revenue of $11.19 billion during the quarter, compared to analyst estimates of $10.60 billion. During the same period last year, the business earned $1.89 earnings per share. The business’s revenue 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 predict that Philip Morris International Inc. will post 8.33 EPS for the current year.

Philip Morris International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 20th. Investors of record on Thursday, June 25th were given a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Thursday, June 25th. Philip Morris International’s dividend payout ratio (DPR) is 84.48%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on PM shares. UBS Group raised their target price on Philip Morris International from $168.00 to $182.00 and gave the company a “neutral” rating in a research note on Thursday, July 2nd. Citigroup upped their price target on Philip Morris International from $210.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a report on Monday, August 17th. Stifel Nicolaus raised their price objective on Philip Morris International from $195.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Finally, Bank of America reissued a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $205.89.

Philip Morris International Company Profile

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.