Capital Analysts LLC Lowers Stock Position in Philip Morris International Inc. $PM

Key Points

• Capital Analysts LLC reduced its stake in Philip Morris International Inc. by 14.5%, now holding 9,172 shares valued at approximately $1.46 million.
• Philip Morris reported a quarterly EPS of $1.91, exceeding expectations, although revenue of $10.14 billion fell short of consensus estimates.
• The company announced a quarterly dividend of $1.35 per share, with a 3.1% yield, despite having a high dividend payout ratio of 102.66%.

Capital Analysts LLC cut its holdings in Philip Morris International Inc. (NYSE:PM - Free Report) by 14.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,172 shares of the company's stock after selling 1,560 shares during the period. Capital Analysts LLC's holdings in Philip Morris International were worth $1,456,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of Philip Morris International in the 1st quarter worth about $34,000. Pacifica Partners Inc. increased its holdings in shares of Philip Morris International by 115.0% in the 1st quarter. Pacifica Partners Inc. now owns 215 shares of the company's stock worth $35,000 after buying an additional 115 shares during the last quarter. Redmont Wealth Advisors LLC bought a new stake in shares of Philip Morris International in the 1st quarter worth about $35,000. Ball & Co Wealth Management Inc. purchased a new position in shares of Philip Morris International during the 4th quarter worth about $36,000. Finally, Ameriflex Group Inc. purchased a new position in shares of Philip Morris International during the 4th quarter worth about $36,000. 78.63% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on PM shares. Citigroup reaffirmed an "overweight" rating on shares of Philip Morris International in a research note on Tuesday, July 22nd. Needham & Company LLC reaffirmed a "buy" rating and set a $195.00 price target on shares of Philip Morris International in a research note on Wednesday, July 23rd. Barclays dropped their price target on shares of Philip Morris International from $225.00 to $220.00 and set an "overweight" rating for the company in a research note on Wednesday, July 30th. KGI Securities started coverage on shares of Philip Morris International in a research note on Monday, August 4th. They set an "outperform" rating for the company. Finally, Bank of America lifted their price target 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. Twelve investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Philip Morris International has a consensus rating of "Moderate Buy" and an average price target of $186.27.

Philip Morris International Stock Performance

Philip Morris International stock traded down $4.8110 during trading hours on Monday, hitting $166.9390. The company had a trading volume of 3,110,775 shares, compared to its average volume of 6,009,270. The firm has a market cap of $259.86 billion, a P/E ratio of 31.78, a P/E/G ratio of 2.50 and a beta of 0.48. Philip Morris International Inc. has a 1 year low of $116.12 and a 1 year high of $186.69. The company has a 50-day moving average price of $173.69 and a two-hundred day moving average price of $166.34.

Philip Morris International (NYSE:PM - Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.05. The company 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 firm's quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. As a group, equities research analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Friday, June 27th were given a $1.35 dividend. This represents a $5.40 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, June 27th. Philip Morris International's dividend payout ratio is presently 102.66%.

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.