Philip Morris International Inc. $PM Shares Sold by M. Kraus & Co

M. Kraus & Co lowered its stake in Philip Morris International Inc. (NYSE:PM) by 20.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,895 shares of the company’s stock after selling 500 shares during the quarter. M. Kraus & Co’s holdings in Philip Morris International were worth $345,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Abound Wealth Management grew its holdings in shares of Philip Morris International by 566.7% in the second quarter. Abound Wealth Management now owns 160 shares of the company’s stock valued at $29,000 after purchasing an additional 136 shares in the last quarter. Kelly Lawrence W & Associates Inc. CA acquired a new position in shares of Philip Morris International in the first quarter valued at approximately $30,000. CBIZ Investment Advisory Services LLC grew its holdings in shares of Philip Morris International by 405.0% in the first quarter. CBIZ Investment Advisory Services LLC now owns 202 shares of the company’s stock valued at $32,000 after purchasing an additional 162 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of Philip Morris International in the first quarter valued at approximately $34,000. Finally, Redmont Wealth Advisors LLC acquired a new position in shares of Philip Morris International in the first quarter valued at approximately $35,000. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Wall Street Analyst Weigh In

PM has been the subject of a number of research reports. Needham & Company LLC restated a “buy” rating and issued a $195.00 price objective on shares of Philip Morris International in a report on Wednesday, July 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday. JPMorgan Chase & Co. raised their target price on shares of Philip Morris International from $175.00 to $190.00 and gave the company an “overweight” rating in a report on Thursday, July 10th. Barclays reduced their target price on shares of Philip Morris International from $225.00 to $220.00 and set an “overweight” rating on the stock in a report on Wednesday, July 30th. Finally, Jefferies Financial Group began coverage on shares of Philip Morris International in a report on Wednesday, July 9th. They issued a “buy” rating and a $220.00 target price on the stock. Eleven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Philip Morris International has an average rating of “Moderate Buy” and an average price target of $195.44.

Philip Morris International Trading Up 1.0%

PM stock opened at $156.80 on Friday. Philip Morris International Inc. has a twelve month low of $116.12 and a twelve month high of $186.69. The company’s 50 day moving average is $164.29 and its two-hundred day moving average is $168.62. The stock has a market cap of $244.07 billion, a P/E ratio of 29.81, a PEG ratio of 2.25 and a beta of 0.46.

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

Philip Morris International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 20th. Investors of record on Friday, October 3rd will be given a $1.47 dividend. This is a positive change from Philip Morris International’s previous quarterly dividend of $1.35. The ex-dividend date is Friday, October 3rd. This represents a $5.88 dividend on an annualized basis and a yield of 3.8%. Philip Morris International’s payout ratio is 111.79%.

About Philip Morris International

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.