Philadelphia Investment Partners LLC Acquires New Position in Philip Morris International Inc. $PM

Philadelphia Investment Partners LLC bought a new position in Philip Morris International Inc. (NYSE:PM) in the second quarter, according to its most recent filing with the SEC. The firm bought 2,923 shares of the company’s stock, valued at approximately $552,000.

Several other large investors also recently bought and sold shares of PM. AG Campbell Advisory LLC purchased a new position in Philip Morris International in the 4th quarter worth $25,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Philip Morris International during the second quarter worth about $29,000. Portfolio Resources Advisor Group Inc. purchased a new stake in Philip Morris International in the fourth quarter valued at approximately $26,000. Vermillion Wealth Management Inc. boosted its position in 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 buying an additional 104 shares during the last quarter. Finally, Safe Harbor Fiduciary LLC acquired a new position in Philip Morris International in the 4th quarter worth approximately $29,000. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Up 0.0%

PM opened at $193.94 on Thursday. The firm’s fifty day simple moving average is $186.71 and its two-hundred day simple moving average is $178.64. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $207.76. The company has a market cap of $302.28 billion, a price-to-earnings ratio of 27.86, a PEG ratio of 2.34 and a beta of 0.38.

Philip Morris International (NYSE:PM) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $10.60 billion. During the same period last year, the company posted $1.89 EPS. Philip Morris International’s quarterly revenue was up 10.4% compared to the same quarter last year. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. On average, research analysts forecast that Philip Morris International Inc. will post 8.33 EPS for the current year.

Philip Morris International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 20th. Stockholders of record on Thursday, June 25th were given a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Thursday, June 25th. Philip Morris International’s dividend payout ratio (DPR) is 84.48%.

Analyst Ratings Changes

A number of research analysts recently issued reports on PM shares. Barclays boosted their target price on shares of Philip Morris International from $205.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Bank of America restated a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Citigroup raised their target price on Philip Morris International from $210.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Morgan Stanley lifted their price target on Philip Morris International from $200.00 to $215.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Finally, BTIG Research set a $221.00 price target on Philip Morris International and gave the company a “buy” rating in a report on Friday, July 24th. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Philip Morris International currently has a consensus rating of “Moderate Buy” and an average target price 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.