Cumberland Partners Ltd Lowers Stock Holdings in Philip Morris International Inc. $PM

Cumberland Partners Ltd cut its stake in shares of Philip Morris International Inc. (NYSE:PM) by 22.3% in the 1st quarter, Holdings Channel reports. The fund owned 31,580 shares of the company’s stock after selling 9,050 shares during the quarter. Cumberland Partners Ltd’s holdings in Philip Morris International were worth $5,221,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of PM. AG Campbell Advisory LLC purchased a new stake in shares of Philip Morris International during the fourth quarter worth approximately $25,000. Portfolio Resources Advisor Group Inc. purchased a new position in Philip Morris International in the 4th quarter valued at $26,000. Vermillion Wealth Management Inc. grew its position in Philip Morris International by 146.5% in the 1st 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. Richards Merrill & Peterson Inc. acquired a new position in Philip Morris International in the 4th quarter valued at $28,000. Finally, Safe Harbor Fiduciary LLC purchased a new position in Philip Morris International during the 4th quarter worth $29,000. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on PM shares. 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 company a “neutral” rating in a research report on Thursday, July 2nd. BTIG Research set a $221.00 target price on Philip Morris International and gave the stock a “buy” rating in a research report on Friday. Needham & Company LLC increased their target price on Philip Morris International from $200.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Eleven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $202.00.

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

Philip Morris International Stock Up 0.9%

Shares of PM opened at $192.84 on Friday. The company has a market capitalization of $300.55 billion, a PE ratio of 27.71, a P/E/G ratio of 2.25 and a beta of 0.38. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $199.78. The company has a 50-day simple moving average of $182.79 and a 200-day simple moving average of $175.46.

Philip Morris International (NYSE:PM) last issued its earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share for the quarter, topping 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 company had revenue of $11.19 billion for the quarter, compared to analyst estimates of $10.60 billion. During the same period in the prior year, the business posted $1.89 earnings per share. The firm’s revenue for the quarter 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 anticipate that Philip Morris International Inc. will post 8.37 EPS for the current year.

Philip Morris International Dividend Announcement

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