Guggenheim Capital LLC Sells 11,364 Shares of Philip Morris International Inc. $PM

Key Points

• Guggenheim Capital LLC has reduced its stake in Philip Morris International by 4.8%, selling 11,364 shares during the first quarter, leaving them with 225,872 shares valued at $35.85 million.
• Philip Morris has a market cap of $259.95 billion and reported earnings of $1.91 per share, surpassing analyst expectations of $1.86.
• The company declared a quarterly dividend of $1.35 per share, resulting in a 3.2% dividend yield with a payout ratio of 102.66%.

Guggenheim Capital LLC lowered its position in shares of Philip Morris International Inc. (NYSE:PM - Free Report) by 4.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 225,872 shares of the company's stock after selling 11,364 shares during the quarter. Guggenheim Capital LLC's holdings in Philip Morris International were worth $35,853,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of PM. Brighton Jones LLC boosted its position in Philip Morris International by 31.1% during the fourth 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 last quarter. Revolve Wealth Partners LLC boosted its position in Philip Morris International by 4.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company's stock valued at $252,000 after acquiring an additional 91 shares during the last quarter. AdvisorShares Investments LLC bought a new position in shares of Philip Morris International during the 4th quarter worth about $289,000. AQR Capital Management LLC boosted its position in shares of Philip Morris International by 170.7% during the 4th quarter. AQR Capital Management LLC now owns 1,421,848 shares of the company's stock worth $171,119,000 after purchasing an additional 896,673 shares in the last quarter. Finally, Leith Wheeler Investment Counsel Ltd. bought a new position in shares of Philip Morris International during the 4th quarter worth about $12,200,000. Institutional investors own 78.63% of the company's stock.

Philip Morris International Stock Performance

NYSE:PM opened at $167.00 on Wednesday. The firm has a market cap of $259.95 billion, a price-to-earnings ratio of 31.75, a price-to-earnings-growth ratio of 2.43 and a beta of 0.48. Philip Morris International Inc. has a 52 week low of $116.12 and a 52 week high of $186.69. The firm has a 50-day moving average price of $173.05 and a two-hundred day moving average price of $166.50.

Philip Morris International (NYSE:PM - Get Free Report) last issued its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.05. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The company had revenue of $10.14 billion during the quarter, compared to analyst estimates of $10.33 billion. During the same quarter last year, the business posted $1.59 EPS. Philip Morris International's quarterly revenue was up 7.1% compared to the same quarter last year. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. As a group, sell-side analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on PM shares. JPMorgan Chase & Co. upped their target price on shares of Philip Morris International from $175.00 to $190.00 and gave the stock an "overweight" rating in a report on Thursday, July 10th. KGI Securities assumed coverage on shares of Philip Morris International in a research report on Monday, August 4th. They issued an "outperform" rating on the stock. Barclays dropped their price target on shares of Philip Morris International from $225.00 to $220.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 30th. UBS Group raised their price target on shares of Philip Morris International from $170.00 to $181.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Finally, Citigroup reaffirmed an "overweight" rating on shares of Philip Morris International in a research report on Tuesday, July 22nd. 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, the stock has an average rating of "Moderate Buy" and a consensus price target of $186.27.

Philip Morris International 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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