Fourpath Capital Management LLC Sells 3,953 Shares of Philip Morris International Inc. $PM

Key Points

• Fourpath Capital Management LLC reduced its stake in Philip Morris International by 40.7%, selling 3,953 shares, leaving them with 5,748 shares worth approximately $1,047,000.
• The company announced a quarterly dividend increase to $1.47 per share, representing an annualized rate of $5.88 and a yield of 3.8%.
• Philip Morris reported earnings of $1.91 per share for its last quarter, surpassing estimates, and set a Q3 2025 EPS guidance of 2.080-2.130.

Fourpath Capital Management LLC trimmed its position in shares of Philip Morris International Inc. (NYSE:PM - Free Report) by 40.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,748 shares of the company's stock after selling 3,953 shares during the period. Fourpath Capital Management LLC's holdings in Philip Morris International were worth $1,047,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Abound Wealth Management grew its holdings in Philip Morris International by 566.7% during the second quarter. Abound Wealth Management now owns 160 shares of the company's stock valued at $29,000 after purchasing an additional 136 shares during the period. Kelly Lawrence W & Associates Inc. CA bought a new position in Philip Morris International during the first quarter valued at $30,000. CBIZ Investment Advisory Services LLC grew its holdings in Philip Morris International by 405.0% during the first quarter. CBIZ Investment Advisory Services LLC now owns 202 shares of the company's stock valued at $32,000 after purchasing an additional 162 shares during the period. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of Philip Morris International during the first quarter worth $34,000. Finally, Redmont Wealth Advisors LLC bought a new position in shares of Philip Morris International in the first quarter worth $35,000. 78.63% of the stock is owned by institutional investors.

Philip Morris International Stock Up 1.0%

PM opened at $156.80 on Friday. The business's fifty day simple moving average is $164.29 and its 200 day simple moving average is $168.62. Philip Morris International Inc. has a 52 week low of $116.12 and a 52 week high of $186.69. The stock has a market cap of $244.07 billion, a PE ratio of 29.81, a P/E/G ratio of 2.25 and a beta of 0.46.

Philip Morris International (NYSE:PM - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.86 by $0.05. The firm had revenue of $10.14 billion during the quarter, compared to analysts' expectations of $10.33 billion. Philip Morris International had a negative return on equity of 120.86% and a net margin of 9.03%.The company's revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. As a group, equities analysts anticipate 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 disclosed a quarterly dividend, which will be paid on Monday, October 20th. Stockholders of record on Friday, October 3rd will be issued a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Friday, October 3rd. This is a positive change from Philip Morris International's previous quarterly dividend of $1.35. Philip Morris International's dividend payout ratio (DPR) is presently 111.79%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. UBS Group cut their price target on Philip Morris International from $177.00 to $166.00 and set a "neutral" rating for the company in a report on Friday, September 5th. Barclays reduced their target price on Philip Morris International from $225.00 to $220.00 and set an "overweight" rating for the company in a report on Wednesday, July 30th. Citigroup reissued a "buy" rating on shares of Philip Morris International in a report on Thursday, September 4th. Needham & Company LLC restated a "buy" rating and issued a $195.00 price objective on shares of Philip Morris International in a research report on Wednesday, July 23rd. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Philip Morris International in a report on Wednesday. Eleven analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $195.44.

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.

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