Clough Capital Partners L P bought a new position in shares of Philip Morris International Inc. (NYSE:PM – Free Report) during the first quarter, Holdings Channel.com reports. The fund bought 50,189 shares of the company’s stock, valued at approximately $8,298,000.
Other institutional investors also recently added to or reduced their stakes in the company. AG Campbell Advisory LLC purchased a new stake in shares of Philip Morris International in the 4th quarter valued at approximately $25,000. Portfolio Resources Advisor Group Inc. purchased a new stake in shares of Philip Morris International during the 4th quarter worth $26,000. Vermillion Wealth Management Inc. grew its stake in shares of Philip Morris International by 146.5% during the first quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock worth $29,000 after purchasing an additional 104 shares in the last quarter. Richards Merrill & Peterson Inc. acquired a new position in shares of Philip Morris International during the fourth quarter worth $28,000. Finally, Safe Harbor Fiduciary LLC purchased a new position in Philip Morris International in the fourth quarter valued at $29,000. Hedge funds and other institutional investors own 78.63% of the company’s stock.
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
Analyst Ratings Changes
Read Our Latest Research Report on PM
Philip Morris International Stock Performance
PM opened at $192.84 on Monday. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $199.78. The stock has a market capitalization of $300.55 billion, a P/E ratio of 27.71, a price-to-earnings-growth ratio of 2.28 and a beta of 0.38. The business’s 50-day simple moving average is $182.79 and its 200-day simple moving average is $175.57.
Philip Morris International (NYSE:PM – Get Free Report) last announced its earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.05 by $0.15. The firm had revenue of $11.19 billion during the quarter, compared to analysts’ expectations of $10.60 billion. Philip Morris International had a negative return on equity of 163.41% and a net margin of 11.06%.The business’s revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.89 EPS. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. On average, equities research analysts forecast that Philip Morris International Inc. will post 8.35 EPS 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 issued a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend 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.
Recommended Stories
- Five stocks we like better than Philip Morris International
- RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?
- These 4 Earnings Reports Expose the Market’s Growing Economic Divide
- Broadcom May Be the Biggest Winner From Alphabet’s Earnings
- Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
Want to see what other hedge funds are holding PM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Philip Morris International Inc. (NYSE:PM – Free Report).
Receive News & Ratings for Philip Morris International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Philip Morris International and related companies with MarketBeat.com's FREE daily email newsletter.
