Hilltop Holdings Inc. trimmed its position in shares of Philip Morris International Inc. (NYSE:PM – Free Report) by 63.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,629 shares of the company’s stock after selling 33,962 shares during the period. Hilltop Holdings Inc.’s holdings in Philip Morris International were worth $3,245,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. AG Campbell Advisory LLC acquired a new position in shares of Philip Morris International in the 4th quarter valued at approximately $25,000. Portfolio Resources Advisor Group Inc. acquired a new stake in shares of Philip Morris International during the 4th quarter worth approximately $26,000. Vermillion Wealth Management Inc. increased its stake in Philip Morris International by 146.5% in the first 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 last quarter. Richards Merrill & Peterson Inc. bought a new position in Philip Morris International in the fourth quarter valued at approximately $28,000. Finally, Safe Harbor Fiduciary LLC acquired a new position in Philip Morris International during the fourth quarter valued at approximately $29,000. 78.63% of the stock is owned by institutional investors.
Key Stories Impacting Philip Morris International
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
Wall Street Analysts Forecast Growth
Read Our Latest Research Report on PM
Philip Morris International Stock Performance
NYSE PM opened at $192.84 on Friday. The firm’s fifty day moving average price is $182.79 and its two-hundred day moving average price is $175.46. The stock has a market cap of $300.55 billion, a PE ratio of 27.71, a PEG ratio of 2.25 and a beta of 0.38. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $199.78.
Philip Morris International (NYSE:PM – Get Free Report) last announced its quarterly 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. Philip Morris International had a net margin of 13.05% and a negative return on equity of 163.41%. The company had revenue of $11.19 billion during the quarter, compared to the consensus estimate of $10.60 billion. During the same period in the prior year, the business earned $1.89 earnings per share. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. As a group, sell-side analysts predict that Philip Morris International Inc. will post 8.37 earnings per share for the current fiscal year.
Philip Morris International Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Thursday, June 25th were issued a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Thursday, June 25th. Philip Morris International’s dividend payout ratio is presently 84.48%.
Philip Morris International Company Profile
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.
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