Philip Morris International Inc. $PM Shares Sold by TBH Global Asset Management LLC

TBH Global Asset Management LLC cut its stake in Philip Morris International Inc. (NYSE:PM) by 2.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,766 shares of the company’s stock after selling 166 shares during the quarter. TBH Global Asset Management LLC’s holdings in Philip Morris International were worth $1,232,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of PM. Brighton Jones LLC grew its position in Philip Morris International by 31.1% in the fourth 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 position in shares of Philip Morris International by 4.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock worth $252,000 after purchasing an additional 91 shares in the last quarter. Moody National Bank Trust Division boosted its stake in shares of Philip Morris International by 8.8% in the first quarter. Moody National Bank Trust Division now owns 5,775 shares of the company’s stock valued at $917,000 after purchasing an additional 469 shares during the period. Quent Capital LLC boosted its stake in shares of Philip Morris International by 57.4% in the first quarter. Quent Capital LLC now owns 2,990 shares of the company’s stock valued at $475,000 after purchasing an additional 1,090 shares during the period. Finally, Rothschild Investment LLC increased its stake in Philip Morris International by 0.8% during the 1st quarter. Rothschild Investment LLC now owns 17,405 shares of the company’s stock worth $2,763,000 after buying an additional 140 shares during the period. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. 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 for the company. UBS Group reduced their price target on Philip Morris International from $177.00 to $166.00 and set a “neutral” rating for the company in a report on Friday, September 5th. Barclays lowered their price objective on Philip Morris International from $225.00 to $220.00 and set an “overweight” rating for the company in a research note on Wednesday, July 30th. JPMorgan Chase & Co. upped their target price on Philip Morris International from $175.00 to $190.00 and gave the company an “overweight” rating in a research report on Thursday, July 10th. Finally, Bank of America raised their price target on shares of Philip Morris International from $182.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, June 4th. Eleven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $189.40.

Philip Morris International Trading Up 0.4%

Shares of PM opened at $164.70 on Friday. Philip Morris International Inc. has a 52 week low of $116.12 and a 52 week high of $186.69. The firm has a market cap of $256.37 billion, a price-to-earnings ratio of 31.31, a PEG ratio of 2.38 and a beta of 0.49. The stock has a 50 day moving average of $165.55 and a 200-day moving average of $168.43.

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

Philip Morris International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 20th. Stockholders of record on Friday, October 3rd will be issued a $1.47 dividend. This is a boost from Philip Morris International’s previous quarterly dividend of $1.35. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $5.88 annualized dividend and a dividend yield of 3.6%. Philip Morris International’s dividend payout ratio (DPR) is presently 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.