Arlington Partners LLC Lowers Holdings in Philip Morris International Inc. $PM

Key Points

• Arlington Partners LLC reduced its stake in Philip Morris International by 17.5%, selling 5,230 shares and retaining 24,680 shares, making it the 27th largest position in their portfolio.
• Philip Morris International recently announced a dividend increase to $1.47 per share, up from $1.35, representing an annualized dividend of $5.88 and a dividend yield of 3.6%.
• Institutional investors own 78.63% of Philip Morris International's stock, with ongoing analyst evaluations leading to diverse ratings, including several upgrades and downgrades.

Arlington Partners LLC reduced its stake in shares of Philip Morris International Inc. (NYSE:PM - Free Report) by 17.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,680 shares of the company's stock after selling 5,230 shares during the quarter. Philip Morris International accounts for 1.7% of Arlington Partners LLC's holdings, making the stock its 27th largest position. Arlington Partners LLC's holdings in Philip Morris International were worth $4,495,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of PM. Brighton Jones LLC grew its position in shares of Philip Morris International by 31.1% during the 4th quarter. Brighton Jones LLC now owns 8,531 shares of the company's stock valued at $1,027,000 after acquiring an additional 2,023 shares during the period. Revolve Wealth Partners LLC lifted its stake in Philip Morris International by 4.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company's stock worth $252,000 after purchasing an additional 91 shares in the last quarter. GF Fund Management CO. LTD. acquired a new position in Philip Morris International during the fourth quarter worth $83,000. Invst LLC increased its position in Philip Morris International by 5.2% during the fourth quarter. Invst LLC now owns 4,813 shares of the company's stock worth $579,000 after purchasing an additional 237 shares during the last quarter. Finally, Forum Financial Management LP raised its position in shares of Philip Morris International by 21.0% during the 4th quarter. Forum Financial Management LP now owns 12,856 shares of the company's stock valued at $1,547,000 after buying an additional 2,234 shares during the period. Hedge funds and other institutional investors own 78.63% of the company's stock.

Philip Morris International Trading Down 0.4%

Shares of NYSE:PM traded down $0.61 during midday trading on Monday, hitting $162.34. 5,735,002 shares of the stock were exchanged, compared to its average volume of 5,532,723. Philip Morris International Inc. has a twelve month low of $116.12 and a twelve month high of $186.69. The stock has a market cap of $252.69 billion, a P/E ratio of 30.86, a PEG ratio of 2.36 and a beta of 0.49. The company has a 50 day moving average price of $166.89 and a 200-day moving average price of $168.19.

Philip Morris International (NYSE:PM - Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 earnings per share for the quarter, topping analysts' consensus estimates of $1.86 by $0.05. The business had revenue of $10.14 billion during 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 company's revenue was up 7.1% on a year-over-year basis. During the same period 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, equities research analysts expect that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Increases Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $5.88 annualized dividend and a dividend yield of 3.6%. This is an increase from Philip Morris International's previous quarterly dividend of $1.35. Philip Morris International's dividend payout ratio is 102.66%.

Analysts Set New Price Targets

PM has been the subject of a number of recent analyst reports. UBS Group dropped their price target on shares of Philip Morris International from $177.00 to $166.00 and set a "neutral" rating for the company in a research report on Friday, September 5th. Bank of America upped their target price on shares of Philip Morris International from $182.00 to $200.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. Barclays lowered their price objective 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. Jefferies Financial Group assumed coverage on shares of Philip Morris International in a research note on Wednesday, July 9th. They set a "buy" rating and a $220.00 price target on the stock. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $195.00 price objective on shares of Philip Morris International in a research note on Wednesday, July 23rd. Twelve investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $184.91.

Philip Morris International Company Profile

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.