Signature Resources Capital Management LLC Makes New $65,000 Investment in Philip Morris International Inc. $PM

Signature Resources Capital Management LLC acquired a new position in shares of Philip Morris International Inc. (NYSE:PM) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 355 shares of the company’s stock, valued at approximately $65,000.

A number of other institutional investors and hedge funds have also made changes to their positions in PM. Nuveen LLC purchased a new position in shares of Philip Morris International in the 1st quarter valued at $1,712,994,000. Wellington Management Group LLP grew its stake in Philip Morris International by 26.4% during the 1st quarter. Wellington Management Group LLP now owns 21,840,422 shares of the company’s stock worth $3,466,730,000 after buying an additional 4,563,632 shares during the last quarter. GAMMA Investing LLC grew its stake in Philip Morris International by 19,986.5% during the 1st quarter. GAMMA Investing LLC now owns 4,486,928 shares of the company’s stock worth $712,210,000 after buying an additional 4,464,590 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in Philip Morris International by 57.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,794,530 shares of the company’s stock worth $1,554,686,000 after buying an additional 3,575,158 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its stake in Philip Morris International by 22.2% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 9,018,628 shares of the company’s stock worth $1,431,527,000 after buying an additional 1,635,636 shares during the last quarter. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Philip Morris International Stock Up 0.4%

Shares of PM stock opened at $164.70 on Friday. Philip Morris International Inc. has a 52-week low of $116.12 and a 52-week high of $186.69. The business has a 50-day simple moving average of $165.55 and a 200-day simple moving average of $168.31. The stock has a market cap of $256.37 billion, a PE ratio of 31.31, a price-to-earnings-growth ratio of 2.37 and a beta of 0.49.

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

Philip Morris International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 20th. Shareholders of record on Friday, October 3rd will be paid a dividend of $1.47 per share. This is an increase from Philip Morris International’s previous quarterly dividend of $1.35. The ex-dividend date is Friday, October 3rd. This represents a $5.88 annualized dividend and a yield of 3.6%. Philip Morris International’s dividend payout ratio (DPR) is presently 102.66%.

Analysts Set New Price Targets

PM has been the topic of several research analyst reports. JPMorgan Chase & Co. boosted their target price on Philip Morris International from $175.00 to $190.00 and gave the stock an “overweight” rating in a research note on Thursday, July 10th. Jefferies Financial Group initiated coverage on Philip Morris International in a research note on Wednesday, July 9th. They set a “buy” rating and a $220.00 target price on the stock. UBS Group dropped their target price on Philip Morris International from $177.00 to $166.00 and set a “neutral” rating on the stock in a research note on Friday, September 5th. Barclays lowered their price target on Philip Morris International from $225.00 to $220.00 and set an “overweight” rating for the company in a research report on Wednesday, July 30th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $195.00 price target on shares of Philip Morris International in a research report on Wednesday, July 23rd. Eleven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $189.40.

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.