Vontobel Holding Ltd. Sells 327,807 Shares of Philip Morris International Inc. $PM

Vontobel Holding Ltd. reduced its position in shares of Philip Morris International Inc. (NYSE:PM) by 30.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 758,564 shares of the company’s stock after selling 327,807 shares during the period. Vontobel Holding Ltd.’s holdings in Philip Morris International were worth $137,232,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. AG Campbell Advisory LLC acquired a new position in shares of Philip Morris International during the 4th quarter worth $25,000. Portfolio Resources Advisor Group Inc. bought a new stake in shares of Philip Morris International during the 4th quarter worth $26,000. Richards Merrill & Peterson Inc. acquired a new stake in Philip Morris International in the fourth quarter valued at about $28,000. Vermillion Wealth Management Inc. boosted its stake in Philip Morris International by 146.5% in the first quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock valued at $29,000 after buying an additional 104 shares in the last quarter. Finally, Safe Harbor Fiduciary LLC bought a new position in Philip Morris International in the fourth quarter valued at about $29,000. Institutional investors and hedge funds own 78.63% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Barclays lifted their price target on shares of Philip Morris International from $205.00 to $225.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Needham & Company LLC upped their price objective on shares of Philip Morris International from $200.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. BTIG Research set a $221.00 price objective on shares of Philip Morris International and gave the company a “buy” rating in a research note on Friday, July 24th. Finally, Stifel Nicolaus raised their target price on shares of Philip Morris International from $195.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Philip Morris International has an average rating of “Moderate Buy” and an average target price of $205.89.

Philip Morris International Stock Up 0.8%

Shares of PM opened at $190.40 on Friday. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $207.76. The business has a 50-day simple moving average of $185.23 and a two-hundred day simple moving average of $178.00. The stock has a market cap of $296.76 billion, a PE ratio of 27.36, a PEG ratio of 2.28 and a beta of 0.38.

Philip Morris International (NYSE:PM) last posted its earnings results on Wednesday, July 22nd. The company reported $2.20 EPS for the quarter, beating the consensus estimate of $2.05 by $0.15. Philip Morris International had a negative return on equity of 163.41% and a net margin of 11.06%.The firm had revenue of $11.19 billion during the quarter, compared to the consensus estimate of $10.60 billion. During the same period last year, the company earned $1.89 earnings per share. The business’s quarterly revenue was up 10.4% on a year-over-year basis. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. On average, equities research analysts expect that Philip Morris International Inc. will post 8.33 EPS for the current year.

Philip Morris International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 20th. Investors of record on Thursday, June 25th were given a dividend of $1.47 per share. The ex-dividend date was Thursday, June 25th. This represents a $5.88 annualized dividend and a yield of 3.1%. Philip Morris International’s dividend payout ratio (DPR) is currently 84.48%.

Philip Morris International 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.