Matrix Private Capital Group LLC Makes New Investment in Philip Morris International Inc. $PM

Matrix Private Capital Group LLC bought a new position in Philip Morris International Inc. (NYSE:PM) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 13,164 shares of the company’s stock, valued at approximately $2,196,000. Philip Morris International makes up approximately 1.1% of Matrix Private Capital Group LLC’s investment portfolio, making the stock its 23rd largest position.

Several other hedge funds and other institutional investors also recently modified their holdings of PM. AG Campbell Advisory LLC bought a new position in Philip Morris International in the 4th quarter worth approximately $25,000. Portfolio Resources Advisor Group Inc. bought a new stake in Philip Morris International during the 4th quarter valued at $26,000. Vermillion Wealth Management Inc. raised its holdings in Philip Morris International by 146.5% during the 1st quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock valued at $29,000 after acquiring an additional 104 shares during the period. Richards Merrill & Peterson Inc. purchased a new stake in shares of Philip Morris International during the fourth quarter worth $28,000. Finally, Safe Harbor Fiduciary LLC purchased a new stake in shares of Philip Morris International during the fourth quarter worth $29,000. Institutional investors own 78.63% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on PM. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Morgan Stanley boosted their price objective on Philip Morris International from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Thursday. BTIG Research set a $221.00 price objective on Philip Morris International and gave the stock a “buy” rating in a report on Friday. Needham & Company LLC lifted their target price on Philip Morris International from $200.00 to $215.00 and gave the company a “buy” rating in a report on Thursday. Finally, UBS Group upped their price target on Philip Morris International from $168.00 to $182.00 and gave the company a “neutral” rating in a research report on Thursday, July 2nd. Eleven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Philip Morris International has a consensus rating of “Moderate Buy” and an average target price of $202.00.

Philip Morris International Price Performance

Shares of NYSE:PM opened at $192.84 on Friday. The firm has a fifty day moving average price of $182.79 and a two-hundred day moving average price of $175.46. The company has a market cap of $300.55 billion, a price-to-earnings ratio of 27.71, a PEG ratio of 2.28 and a beta of 0.38. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $199.78.

Philip Morris International (NYSE:PM) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $2.05 by $0.15. Philip Morris International had a net margin of 13.05% and a negative return on equity of 163.41%. The firm had revenue of $11.19 billion for the quarter, compared to analysts’ expectations of $10.60 billion. During the same quarter in the prior year, the firm posted $1.89 earnings per share. The business’s quarterly revenue was up 10.4% on a year-over-year basis. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. Equities research analysts expect that Philip Morris International Inc. will post 8.35 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 20th. Investors of record on Thursday, June 25th were given a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.0%. The ex-dividend date was Thursday, June 25th. Philip Morris International’s payout ratio is presently 84.48%.

Key Philip Morris International News

Here are the key news stories impacting Philip Morris International this week:

• Positive Sentiment: Philip Morris delivered a strong Q2 beat, with revenue and EPS topping estimates on the back of smoke-free product growth, which supports the stock’s bullish case. Philip Morris Trimmed Guidance, But Its Growth Story Looks Unshaken
• Positive Sentiment: Stifel and Needham both raised their price targets and kept buy ratings, signaling confidence that the company’s growth and margin trends can continue. Analyst price target raise coverage
• Positive Sentiment: BTIG upgraded Philip Morris to strong-buy, adding to the broader analyst optimism around the stock after earnings. BTIG upgrade coverage
• Neutral Sentiment: The company plans to increase spending to expand ZYN, which shows confidence in growth but also raises questions about near-term expense pressure. Philip Morris Ramps Spending to Grow Zyn Brand
• Neutral Sentiment: Some commentary argues the stock’s valuation is already rich, so even a solid quarter may not be enough to drive much more upside without continued execution. Philip Morris Q2: A Solid Quarter Isn’t Enough At This Price
• Negative Sentiment: Philip Morris trimmed full-year EPS guidance, which could limit enthusiasm despite the strong quarter and ongoing smoke-free momentum. Philip Morris Trimmed Guidance, But Its Growth Story Looks Unshaken

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.