111 Capital Sells 12,448 Shares of Philip Morris International Inc. $PM

111 Capital decreased its holdings in Philip Morris International Inc. (NYSE:PM) by 72.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,794 shares of the company’s stock after selling 12,448 shares during the period. 111 Capital’s holdings in Philip Morris International were worth $873,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Abound Wealth Management lifted its holdings in shares of Philip Morris International by 566.7% in the 2nd quarter. Abound Wealth Management now owns 160 shares of the company’s stock valued at $29,000 after acquiring an additional 136 shares during the last quarter. Kelly Lawrence W & Associates Inc. CA bought a new position in shares of Philip Morris International in the 1st quarter valued at about $30,000. CBIZ Investment Advisory Services LLC lifted its holdings in shares of Philip Morris International by 405.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 202 shares of the company’s stock valued at $32,000 after acquiring an additional 162 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd bought a new position in shares of Philip Morris International in the 1st quarter valued at about $34,000. Finally, Redmont Wealth Advisors LLC bought a new position in shares of Philip Morris International in the 1st quarter valued at about $35,000. Institutional investors own 78.63% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Citigroup reissued a “buy” rating on shares of Philip Morris International in a research report on Thursday, September 4th. Wall Street Zen lowered shares of Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Jefferies Financial Group assumed coverage on shares of Philip Morris International in a research report on Wednesday, July 9th. They issued a “buy” rating and a $220.00 price objective on the stock. Needham & Company LLC reissued a “buy” rating and issued a $195.00 price objective on shares of Philip Morris International in a research report on Wednesday, July 23rd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research report on Saturday, September 27th. Eleven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Philip Morris International currently has a consensus rating of “Moderate Buy” and a consensus target price of $195.44.

Philip Morris International Stock Performance

Philip Morris International stock opened at $153.09 on Friday. The company has a 50 day moving average price of $164.82 and a 200-day moving average price of $168.64. Philip Morris International Inc. has a fifty-two week low of $116.12 and a fifty-two week high of $186.69. The company has a market capitalization of $238.30 billion, a PE ratio of 29.10, a P/E/G ratio of 2.22 and a beta of 0.46.

Philip Morris International (NYSE:PM) last posted its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.05. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The firm had revenue of $10.14 billion during the quarter, compared to the consensus estimate of $10.33 billion. During the same quarter in the previous year, the firm posted $1.59 earnings per share. The company’s revenue was up 7.1% on a year-over-year basis. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. On average, analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 20th. Investors of record on Friday, October 3rd will be issued a dividend of $1.47 per share. The ex-dividend date of this dividend is Friday, October 3rd. This is a positive change from Philip Morris International’s previous quarterly dividend of $1.35. This represents a $5.88 annualized dividend and a yield of 3.8%. Philip Morris International’s dividend payout ratio is 102.66%.

Philip Morris International Company Profile

Philip Morris International Inc operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches.