Philip Morris International Inc. $PM Shares Bought by Vontobel Holding Ltd.

Vontobel Holding Ltd. raised its stake in Philip Morris International Inc. (NYSE:PM) by 61.8% during the second quarter, Holdings Channel reports. The firm owned 905,392 shares of the company’s stock after purchasing an additional 345,911 shares during the period. Vontobel Holding Ltd.’s holdings in Philip Morris International were worth $164,899,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in PM. Brighton Jones LLC lifted its holdings in shares of Philip Morris International by 31.1% during the 4th quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock valued at $1,027,000 after acquiring an additional 2,023 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Philip Morris International by 4.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock valued at $252,000 after acquiring an additional 91 shares in the last quarter. Miracle Mile Advisors LLC lifted its holdings in shares of Philip Morris International by 2.2% during the 1st quarter. Miracle Mile Advisors LLC now owns 4,233 shares of the company’s stock valued at $672,000 after acquiring an additional 93 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new position in shares of Philip Morris International during the 1st quarter valued at $3,722,000. Finally, Wealthcare Advisory Partners LLC lifted its holdings in shares of Philip Morris International by 1.2% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 16,818 shares of the company’s stock valued at $2,670,000 after acquiring an additional 203 shares in the last quarter. Institutional investors and hedge funds own 78.63% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. KGI Securities assumed coverage on shares of Philip Morris International in a report on Monday, August 4th. They issued an “outperform” rating on the stock. Citigroup reiterated a “buy” rating on shares of Philip Morris International in a report on Thursday, September 4th. UBS Group cut their price objective on shares of Philip Morris International from $177.00 to $166.00 and set a “neutral” rating on the stock in a report on Friday, September 5th. Barclays dropped their target price on shares of Philip Morris International from $225.00 to $220.00 and set an “overweight” rating for the company in a research report on Wednesday, July 30th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $195.00 target price on shares of Philip Morris International in a research report on Wednesday, July 23rd. Eleven analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. 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 Trading Up 0.5%

NYSE PM opened at $155.27 on Thursday. Philip Morris International Inc. has a 52 week low of $116.12 and a 52 week high of $186.69. The stock has a market cap of $241.69 billion, a price-to-earnings ratio of 29.52, a price-to-earnings-growth ratio of 2.24 and a beta of 0.46. The company has a 50-day moving average price of $164.43 and a two-hundred day moving average price of $168.58.

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

Philip Morris International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, October 20th. Stockholders of record on Friday, October 3rd will be paid a $1.47 dividend. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.8%. This is an increase from Philip Morris International’s previous quarterly dividend of $1.35. Philip Morris International’s dividend payout ratio (DPR) is currently 111.79%.

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.