B. Metzler seel. Sohn & Co. AG Makes New $8.56 Million Investment in Philip Morris International Inc. $PM

B. Metzler seel. Sohn & Co. AG acquired a new stake in shares of Philip Morris International Inc. (NYSE:PM - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 47,342 shares of the company's stock, valued at approximately $8,565,000.

A number of other institutional investors have also made changes to their positions in PM. Bernicke Wealth Management Ltd. purchased a new position in Philip Morris International in the 2nd quarter valued at about $228,000. Silvant Capital Management LLC acquired a new stake in shares of Philip Morris International during the second quarter valued at about $581,000. LaSalle St. Investment Advisors LLC purchased a new stake in shares of Philip Morris International during the second quarter worth about $709,000. Mystic Asset Management Inc. acquired a new position in shares of Philip Morris International in the second quarter worth about $2,466,000. Finally, Fairtree Asset Management Pty Ltd purchased a new position in Philip Morris International in the second quarter valued at about $1,794,000. 78.63% of the stock is owned by institutional investors and hedge funds.

Philip Morris International Trading Up 1.0%

PM stock opened at $191.85 on Friday. The stock's 50 day simple moving average is $185.96 and its 200 day simple moving average is $178.30. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $207.76. The firm has a market cap of $299.02 billion, a P/E ratio of 27.56, a P/E/G ratio of 2.29 and a beta of 0.38.

Philip Morris International (NYSE:PM - Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $2.05 by $0.15. Philip Morris International had a net margin of 11.06% and a negative return on equity of 163.41%. The firm had revenue of $11.19 billion for the quarter, compared to analyst estimates of $10.60 billion. During the same quarter in the prior year, the business earned $1.89 earnings per share. Philip Morris International'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, research analysts forecast that Philip Morris International Inc. will post 8.33 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 20th. Investors of record on Thursday, June 25th were paid a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date was Thursday, June 25th. Philip Morris International's dividend payout ratio is presently 84.48%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Morgan Stanley lifted their price objective on Philip Morris International from $200.00 to $215.00 and gave the stock an "overweight" rating in a report on Thursday, July 23rd. Barclays raised their price target on shares of Philip Morris International from $205.00 to $225.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 29th. Needham & Company LLC lifted their price target on shares of Philip Morris International from $200.00 to $215.00 and gave the stock a "buy" rating in a research note on Thursday, July 23rd. Citigroup upped their price target on shares of Philip Morris International from $210.00 to $225.00 and gave the company a "buy" rating in a report on Thursday, July 30th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Philip Morris International in a research note on Monday. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $205.89.

Philip Morris International Company 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.

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