11,479 Shares in Philip Morris International Inc. $PM Acquired by Centaurus Financial Inc.

Centaurus Financial Inc. purchased a new stake in shares of Philip Morris International Inc. (NYSE:PM) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 11,479 shares of the company’s stock, valued at approximately $2,077,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. AG Campbell Advisory LLC acquired a new stake in shares of Philip Morris International during the 4th quarter worth about $25,000. Portfolio Resources Advisor Group Inc. bought a new position in shares of Philip Morris International during the fourth quarter worth approximately $26,000. Vermillion Wealth Management Inc. increased its stake in shares of Philip Morris International by 146.5% during the first quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock worth $29,000 after purchasing an additional 104 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in Philip Morris International during the 2nd quarter worth approximately $29,000. Finally, Safe Harbor Fiduciary LLC bought a new stake in Philip Morris International in the 4th quarter valued at $29,000. 78.63% of the stock is owned by institutional investors.

Philip Morris International Trading Down 1.8%

Shares of Philip Morris International stock opened at $190.52 on Friday. The company has a market cap of $296.94 billion, a PE ratio of 27.37, a price-to-earnings-growth ratio of 2.34 and a beta of 0.38. The company has a 50 day moving average of $186.94 and a 200-day moving average of $178.69. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $207.76.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Wednesday, July 22nd. The company reported $2.20 EPS for the quarter, beating the consensus estimate of $2.05 by $0.15. The business had revenue of $11.19 billion during the quarter, compared to the consensus estimate of $10.60 billion. Philip Morris International had a net margin of 11.06% and a negative return on equity of 163.41%. The company’s revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.89 earnings per share. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. Research analysts forecast that Philip Morris International Inc. will post 8.33 earnings per share for the current year.

Philip Morris International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Thursday, June 25th were given a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date was Thursday, June 25th. Philip Morris International’s payout ratio is currently 84.48%.

Analyst Ratings Changes

A number of research firms have recently weighed in on PM. BTIG Research set a $221.00 target price on Philip Morris International and gave the stock a “buy” rating in a report on Friday, July 24th. Stifel Nicolaus lifted their price objective on shares of Philip Morris International from $195.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research report on Monday, August 17th. Needham & Company LLC raised their target price on shares of Philip Morris International from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Finally, Barclays boosted their price target on Philip Morris International from $205.00 to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus 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.