Matrix Private Capital Group LLC Invests $2.20 Million in Philip Morris International Inc. $PM

Key Points

• Matrix Private Capital Group LLC disclosed a new first-quarter position in Philip Morris International, buying 13,164 shares worth about $2.2 million. The stake represents roughly 1.1% of its portfolio.
• Philip Morris reported strong quarterly results, with EPS of $2.20 and revenue of $11.19 billion, both above analyst estimates. Revenue rose 10.4% year over year, and the company reaffirmed Q3 2026 EPS guidance of $2.20 to $2.25.
• The company also paid a quarterly dividend of $1.47 per share, equal to an annualized yield of about 3.0%. Meanwhile, Wall Street remains bullish overall, with a consensus rating of Moderate Buy and an average price target of $202.00.

Matrix Private Capital Group LLC bought a new stake in Philip Morris International Inc. (NYSE:PM - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,164 shares of the company's stock, valued at approximately $2,196,000. Philip Morris International comprises approximately 1.1% of Matrix Private Capital Group LLC's investment portfolio, making the stock its 23rd largest position.

A number of other large investors also recently made changes to their positions in PM. AG Campbell Advisory LLC bought a new stake in Philip Morris International in the 4th quarter worth about $25,000. Portfolio Resources Advisor Group Inc. purchased a new stake in Philip Morris International in the 4th quarter valued at about $26,000. Vermillion Wealth Management Inc. lifted its position in shares of Philip Morris International by 146.5% during the 1st quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company's stock worth $29,000 after buying an additional 104 shares in the last quarter. Richards Merrill & Peterson Inc. bought a new position in shares of Philip Morris International during the 4th quarter worth approximately $28,000. Finally, Safe Harbor Fiduciary LLC purchased a new position in shares of Philip Morris International in the 4th quarter worth approximately $29,000. 78.63% of the stock is owned by institutional investors.

Philip Morris International Stock Up 0.9%

Philip Morris International stock opened at $192.84 on Friday. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $199.78. The firm has a 50 day moving average price of $182.79 and a 200-day moving average price of $175.46. The company has a market capitalization of $300.55 billion, a P/E ratio of 27.71, a P/E/G ratio of 2.28 and a beta of 0.38.

Philip Morris International (NYSE:PM - Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.05 by $0.15. The company had revenue of $11.19 billion during the quarter, compared to analyst estimates of $10.60 billion. Philip Morris International had a net margin of 13.05% and a negative return on equity of 163.41%. Philip Morris International's quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.89 EPS. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. Equities analysts expect that Philip Morris International Inc. will post 8.35 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Thursday, June 25th were given a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Thursday, June 25th. Philip Morris International's dividend payout ratio (DPR) is currently 84.48%.

Wall Street Analyst Weigh In

PM has been the subject of several recent analyst reports. Morgan Stanley upped their target price on Philip Morris International from $200.00 to $215.00 and gave the company an "overweight" rating in a report on Thursday. Weiss Ratings reiterated a "buy (b)" rating on shares of Philip Morris International in a report on Wednesday, May 20th. BTIG Research set a $221.00 price objective on Philip Morris International and gave the stock a "buy" rating in a research report on Friday. Bank of America restated a "buy" rating on shares of Philip Morris International in a research note on Thursday, May 21st. Finally, Stifel Nicolaus raised their target price on Philip Morris International from $195.00 to $205.00 and gave the company a "buy" rating in a research report on Thursday. Eleven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $202.00.

Key Headlines Impacting Philip Morris International

Here are the key news stories impacting Philip Morris International this week:

• Positive Sentiment: Philip Morris delivered a strong Q2 beat, with revenue and EPS topping estimates on the back of smoke-free product growth, which supports the stock’s bullish case. Philip Morris Trimmed Guidance, But Its Growth Story Looks Unshaken
• Positive Sentiment: Stifel and Needham both raised their price targets and kept buy ratings, signaling confidence that the company’s growth and margin trends can continue. Analyst price target raise coverage
• Positive Sentiment: BTIG upgraded Philip Morris to strong-buy, adding to the broader analyst optimism around the stock after earnings. BTIG upgrade coverage
• Neutral Sentiment: The company plans to increase spending to expand ZYN, which shows confidence in growth but also raises questions about near-term expense pressure. Philip Morris Ramps Spending to Grow Zyn Brand
• Neutral Sentiment: Some commentary argues the stock’s valuation is already rich, so even a solid quarter may not be enough to drive much more upside without continued execution. Philip Morris Q2: A Solid Quarter Isn't Enough At This Price
• Negative Sentiment: Philip Morris trimmed full-year EPS guidance, which could limit enthusiasm despite the strong quarter and ongoing smoke-free momentum. Philip Morris Trimmed Guidance, But Its Growth Story Looks Unshaken

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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