Kinloch Capital LLC bought a new stake in Philip Morris International Inc. (NYSE:PM – Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 30,430 shares of the company’s stock, valued at approximately $5,505,000. Philip Morris International comprises 2.0% of Kinloch Capital LLC’s holdings, making the stock its 10th largest holding.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Resurgent Financial Advisors LLC grew its stake in Philip Morris International by 3.7% during the 4th quarter. Resurgent Financial Advisors LLC now owns 1,523 shares of the company’s stock valued at $244,000 after acquiring an additional 54 shares in the last quarter. Douglass Winthrop Advisors LLC lifted its stake in Philip Morris International by 0.3% in the 4th quarter. Douglass Winthrop Advisors LLC now owns 18,344 shares of the company’s stock worth $2,942,000 after purchasing an additional 56 shares in the last quarter. Outlook Wealth Advisors LLC lifted its stake in Philip Morris International by 4.6% in the 4th quarter. Outlook Wealth Advisors LLC now owns 1,320 shares of the company’s stock worth $212,000 after purchasing an additional 58 shares in the last quarter. Platt Wealth Management LLC boosted its holdings in shares of Philip Morris International by 2.1% during the 2nd quarter. Platt Wealth Management LLC now owns 2,833 shares of the company’s stock worth $512,000 after purchasing an additional 58 shares during the last quarter. Finally, Aristotle Capital Management LLC boosted its holdings in shares of Philip Morris International by 4.4% during the 4th quarter. Aristotle Capital Management LLC now owns 1,384 shares of the company’s stock worth $222,000 after purchasing an additional 58 shares during the last quarter. 78.63% of the stock is owned by hedge funds and other institutional investors.
Philip Morris International News Summary
Here are the key news stories impacting Philip Morris International this week:
- Positive Sentiment: The FDA granted Marketing Granted Orders for 11 ZYN ULTRA nicotine pouch products in the United States, including all 9mg variants and one 11mg variant. The authorization broadens PM’s smoke-free portfolio, supports regulatory certainty for ZYN, and reinforces the company’s long-term shift away from combustible tobacco. Philip Morris’ ZYN ULTRA FDA Authorization Strengthens Smoke-Free Push
- Positive Sentiment: Recent second-quarter results provided additional support for the stock: revenue increased 10.4% year over year to $11.19 billion, while adjusted earnings of $2.20 per share exceeded the $2.05 consensus estimate. The company also issued third-quarter earnings guidance of $2.20 to $2.25 per share. Should Strong Q2 Results And New FDA-Authorized ZYN ULTRA Pouches Require Action From Philip Morris Investors?
- Neutral Sentiment: PM and Altria Group (NYSE: MO) entered reciprocal contract manufacturing agreements intended to improve manufacturing efficiency and operational flexibility. PM’s non-U.S. affiliates will manufacture certain combustible cigarettes for Philip Morris USA, while the arrangements also provide reciprocal production capabilities. First shipments are expected in 2027, and the companies said the agreements should not materially affect 2026 results, limiting the near-term earnings impact. Altria, Philip Morris International sign contract manufacturing deals
Wall Street Analyst Weigh In
View Our Latest Report on Philip Morris International
Philip Morris International Stock Up 1.7%
NYSE:PM opened at $191.48 on Tuesday. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $207.76. The stock’s fifty day moving average is $186.22 and its two-hundred day moving average is $178.46. The company has a market capitalization of $298.44 billion, a P/E ratio of 27.51, a P/E/G ratio of 2.27 and a beta of 0.38.
Philip Morris International (NYSE:PM – Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share for the quarter, topping analysts’ consensus estimates of $2.05 by $0.15. The business 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 company’s revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.89 EPS. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. Sell-side analysts anticipate that Philip Morris International Inc. will post 8.33 earnings per share for the current fiscal year.
Philip Morris International Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Thursday, June 25th were paid a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Thursday, June 25th. Philip Morris International’s dividend payout ratio (DPR) is 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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