2,613 Shares in Philip Morris International Inc. $PM Purchased by Orion Capital Management LLC

Orion Capital Management LLC purchased a new position in Philip Morris International Inc. (NYSE:PM) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 2,613 shares of the company’s stock, valued at approximately $473,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Glenview Trust Co acquired a new position in shares of Philip Morris International during the 2nd quarter valued at about $13,706,000. North Star Asset Management Inc. purchased a new position in shares of Philip Morris International during the 2nd quarter worth about $10,248,000. Concorde Asset Management LLC acquired a new stake in shares of Philip Morris International in the second quarter worth approximately $321,000. Maxele Advisors LLC acquired a new stake in shares of Philip Morris International in the second quarter worth approximately $338,000. Finally, Empowered Funds LLC purchased a new stake in Philip Morris International in the second quarter valued at approximately $26,442,000. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on PM. BTIG Research set a $221.00 price target on shares of Philip Morris International and gave the stock a “buy” rating in a research report on Friday, July 24th. UBS Group boosted their price objective on shares of Philip Morris International from $168.00 to $182.00 and gave the company a “neutral” rating in a research note on Thursday, July 2nd. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a report on Monday, August 17th. Needham & Company LLC upped their price objective on Philip Morris International from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Finally, Bank of America reaffirmed 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $205.89.

Philip Morris International Stock Performance

PM stock opened at $192.02 on Friday. The firm has a market cap of $299.28 billion, a P/E ratio of 27.59, a price-to-earnings-growth ratio of 2.30 and a beta of 0.38. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $207.76. The stock has a 50-day simple moving average of $187.21 and a 200-day simple moving average of $178.79.

Philip Morris International (NYSE:PM) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $2.20 EPS for the quarter, topping the consensus estimate of $2.05 by $0.15. The firm had revenue of $11.19 billion for the quarter, compared to analyst estimates of $10.60 billion. Philip Morris International had a negative return on equity of 163.41% and a net margin of 11.06%.Philip Morris International’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.89 EPS. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. On average, equities research analysts predict that Philip Morris International Inc. will post 8.33 EPS for the current year.

Philip Morris International Dividend Announcement

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

Philip Morris International 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.