MBB Public Markets I LLC Takes Position in Philip Morris International Inc. $PM

MBB Public Markets I LLC bought a new position in shares of Philip Morris International Inc. (NYSE:PM) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,091 shares of the company’s stock, valued at approximately $332,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Adalta Capital Management LLC raised its holdings in shares of Philip Morris International by 13.4% during the 1st quarter. Adalta Capital Management LLC now owns 4,240 shares of the company’s stock valued at $679,000 after purchasing an additional 500 shares in the last quarter. Ascent Group LLC grew its stake in Philip Morris International by 73.3% in the 1st quarter. Ascent Group LLC now owns 74,626 shares of the company’s stock valued at $11,845,000 after buying an additional 31,576 shares during the last quarter. Meiji Yasuda Life Insurance Co grew its stake in Philip Morris International by 15.5% in the 1st quarter. Meiji Yasuda Life Insurance Co now owns 21,177 shares of the company’s stock valued at $3,361,000 after buying an additional 2,849 shares during the last quarter. Coppell Advisory Solutions LLC grew its position in Philip Morris International by 1,444.7% in the 1st quarter. Coppell Advisory Solutions LLC now owns 18,737 shares of the company’s stock worth $2,974,000 after purchasing an additional 17,524 shares during the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. grew its position in Philip Morris International by 0.8% in the 1st quarter. Meiji Yasuda Asset Management Co Ltd. now owns 80,293 shares of the company’s stock worth $12,745,000 after purchasing an additional 673 shares during the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Wall Street Zen downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Citigroup reissued a “buy” rating on shares of Philip Morris International in a research note on Thursday. Jefferies Financial Group began coverage on shares of Philip Morris International in a report on Wednesday, July 9th. They set a “buy” rating and a $220.00 price objective for the company. KGI Securities started coverage on shares of Philip Morris International in a report on Monday, August 4th. They set an “outperform” rating for the company. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $195.00 price target on shares of Philip Morris International in a report on Wednesday, July 23rd. Twelve 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 presently has a consensus rating of “Moderate Buy” and a consensus price target of $184.91.

Philip Morris International Stock Performance

NYSE:PM opened at $161.61 on Monday. The firm’s 50-day simple moving average is $170.22 and its 200 day simple moving average is $167.47. The firm has a market cap of $251.57 billion, a price-to-earnings ratio of 30.72, a P/E/G ratio of 2.34 and a beta of 0.49. Philip Morris International Inc. has a 52 week low of $116.12 and a 52 week high of $186.69.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.05. The business had revenue of $10.14 billion during 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 firm’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the business earned $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Sell-side analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Friday, June 27th were issued a dividend of $1.35 per share. The ex-dividend date was Friday, June 27th. This represents a $5.40 annualized dividend and a yield of 3.3%. Philip Morris International’s dividend payout ratio (DPR) is presently 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.