Sutton Place Investors LLC Increases Stock Position in Philip Morris International Inc. $PM

Sutton Place Investors LLC lifted its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 22.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,835 shares of the company’s stock after buying an additional 341 shares during the quarter. Sutton Place Investors LLC’s holdings in Philip Morris International were worth $334,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Wealthcare Advisory Partners LLC lifted its stake in shares of Philip Morris International by 3.3% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 17,371 shares of the company’s stock valued at $3,164,000 after buying an additional 553 shares in the last quarter. Donor Advised Charitable Giving Inc. purchased a new stake in shares of Philip Morris International during the 2nd quarter valued at approximately $1,548,000. Elevate Capital Advisors LLC lifted its stake in Philip Morris International by 8.4% in the 2nd quarter. Elevate Capital Advisors LLC now owns 11,897 shares of the company’s stock worth $2,167,000 after purchasing an additional 920 shares in the last quarter. LGT Fund Management Co Ltd. lifted its stake in Philip Morris International by 31.6% in the 2nd quarter. LGT Fund Management Co Ltd. now owns 30,353 shares of the company’s stock worth $5,528,000 after purchasing an additional 7,288 shares in the last quarter. Finally, Quent Capital LLC lifted its stake in Philip Morris International by 21.2% in the 2nd quarter. Quent Capital LLC now owns 3,623 shares of the company’s stock worth $660,000 after purchasing an additional 633 shares in the last quarter. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Philip Morris International Stock Performance

Philip Morris International stock opened at $153.09 on Friday. The firm’s fifty day moving average price is $164.82 and its 200-day moving average price is $168.64. The stock has a market cap of $238.30 billion, a P/E ratio of 29.10, a price-to-earnings-growth ratio of 2.22 and a beta of 0.46. Philip Morris International Inc. has a fifty-two week low of $116.12 and a fifty-two week high of $186.69.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data 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. The firm had revenue of $10.14 billion for the quarter, compared to analysts’ expectations of $10.33 billion. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The business’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the company posted $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. On average, analysts predict that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 20th. Investors of record on Friday, October 3rd will be issued a dividend of $1.47 per share. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $5.88 annualized dividend and a dividend yield of 3.8%. This is an increase from Philip Morris International’s previous quarterly dividend of $1.35. Philip Morris International’s payout ratio is 102.66%.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Barclays lowered 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. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research note on Saturday, September 27th. Citigroup reiterated a “buy” rating on shares of Philip Morris International in a research note on Thursday, September 4th. KGI Securities assumed coverage on shares of Philip Morris International in a research note on Monday, August 4th. They issued an “outperform” rating on the stock. Finally, UBS Group lowered their target price on shares of 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. Eleven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $195.44.

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.