one8zero8 LLC Invests $4.67 Million in Philip Morris International Inc. $PM

one8zero8 LLC acquired a new stake in Philip Morris International Inc. (NYSE:PM) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 25,802 shares of the company’s stock, valued at approximately $4,668,000. Philip Morris International accounts for 0.9% of one8zero8 LLC’s investment portfolio, making the stock its 28th biggest position.

A number of other institutional investors also recently bought and sold shares of the business. AG Campbell Advisory LLC acquired a new position in Philip Morris International in the 4th quarter valued at about $25,000. Portfolio Resources Advisor Group Inc. acquired a new stake in Philip Morris International during the 4th quarter worth approximately $26,000. Richards Merrill & Peterson Inc. purchased a new position in shares of Philip Morris International in the 4th quarter valued at approximately $28,000. Vermillion Wealth Management Inc. grew its stake in shares of Philip Morris International by 146.5% in the 1st quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock valued at $29,000 after purchasing an additional 104 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of Philip Morris International in the second quarter valued at approximately $29,000. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Price Performance

NYSE:PM opened at $190.02 on Thursday. The firm has a 50 day simple moving average of $185.74 and a 200-day simple moving average of $178.21. The firm has a market cap of $296.16 billion, a PE ratio of 27.30, a P/E/G ratio of 2.27 and a beta of 0.38. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $207.76.

Philip Morris International (NYSE:PM) last released its earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.05 by $0.15. The business had revenue of $11.19 billion for the quarter, compared to analysts’ expectations of $10.60 billion. Philip Morris International had a net margin of 11.06% and a negative return on equity of 163.41%. The company’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period last year, the company earned $1.89 earnings per share. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. As a group, sell-side analysts expect that Philip Morris International Inc. will post 8.33 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 20th. Stockholders of record on Thursday, June 25th were paid a dividend of $1.47 per share. The ex-dividend date was Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.1%. Philip Morris International’s dividend payout ratio (DPR) is currently 84.48%.

Analysts Set New Price Targets

A number of brokerages have commented on PM. Morgan Stanley upped their price objective on shares of Philip Morris International from $200.00 to $215.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Barclays lifted their target price on shares of Philip Morris International from $205.00 to $225.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. BTIG Research set a $221.00 price target on shares of Philip Morris International and gave the stock a “buy” rating in a report on Friday, July 24th. Stifel Nicolaus raised their price objective on shares of Philip Morris International from $195.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a report on Monday. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $205.89.

About Philip Morris International

Philip Morris International Inc (NYSE: PM) is a global tobacco company that manufactures and sells cigarettes, other nicotine-containing products and a growing portfolio of smoke-free alternatives for adult smokers. The firm traces its corporate roots to the 19th century Philip Morris enterprise and was established as an independent, publicly traded company following a 2008 separation from what is now Altria. Since the spin-off, the company has focused on serving international markets outside the United States.

PMI’s product mix includes traditional combustible cigarettes as well as smoke-free offerings such as heated tobacco systems and other reduced-risk products.