Diversified Trust Co Sells 13,921 Shares of Philip Morris International Inc. $PM

Diversified Trust Co lessened its position in shares of Philip Morris International Inc. (NYSE:PM) by 14.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,885 shares of the company’s stock after selling 13,921 shares during the quarter. Diversified Trust Co’s holdings in Philip Morris International were worth $15,096,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Kelly Lawrence W & Associates Inc. CA purchased a new stake in Philip Morris International during the first quarter valued at approximately $30,000. CBIZ Investment Advisory Services LLC grew its holdings in Philip Morris International by 405.0% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 202 shares of the company’s stock valued at $32,000 after purchasing an additional 162 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd purchased a new stake in Philip Morris International in the 1st quarter worth about $34,000. Pacifica Partners Inc. raised its position in Philip Morris International by 115.0% in the 1st quarter. Pacifica Partners Inc. now owns 215 shares of the company’s stock worth $35,000 after purchasing an additional 115 shares during the period. Finally, Redmont Wealth Advisors LLC bought a new stake in Philip Morris International in the first quarter worth about $35,000. 78.63% of the stock is owned by hedge funds and other institutional investors.

Philip Morris International Stock Up 0.7%

Shares of PM opened at $162.84 on Friday. The company has a market capitalization of $253.48 billion, a price-to-earnings ratio of 30.96, a PEG ratio of 2.35 and a beta of 0.49. The stock’s 50-day moving average price is $167.26 and its 200-day moving average price is $167.91. Philip Morris International Inc. has a 52 week low of $116.12 and a 52 week high of $186.69.

Philip Morris International (NYSE:PM) last announced its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.86 by $0.05. The firm had revenue of $10.14 billion for the quarter, compared to the consensus estimate of $10.33 billion. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.59 earnings per share. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. As a group, equities analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, October 20th. Investors of record on Friday, October 3rd will be issued a $1.47 dividend. This is a boost from Philip Morris International’s previous quarterly dividend of $1.35. This represents a $5.88 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Friday, October 3rd. Philip Morris International’s payout ratio is 102.66%.

Analyst Ratings Changes

A number of research firms have recently commented on PM. JPMorgan Chase & Co. upped their target price on Philip Morris International from $175.00 to $190.00 and gave the company an “overweight” rating in a research note on Thursday, July 10th. Citigroup restated a “buy” rating on shares of Philip Morris International in a report on Thursday, September 4th. Needham & Company LLC reiterated a “buy” rating and set a $195.00 price objective on shares of Philip Morris International in a report on Wednesday, July 23rd. Barclays dropped their target price on shares of Philip Morris International from $225.00 to $220.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 30th. Finally, KGI Securities began coverage on Philip Morris International in a report on Monday, August 4th. They issued an “outperform” rating for the company. Twelve equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $184.91.

About Philip Morris International

Philip Morris International Inc operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches.