MYDA Advisors LLC Reduces Holdings in Philip Morris International Inc. $PM

Key Points

• MYDA Advisors LLC reduced its stake in Philip Morris International Inc. by 40.5%, leading to ownership of 50,000 shares valued at approximately $7.94 million, marking it as the firm's 12th largest position.
• Institutional investors, who collectively own 78.63% of the company, have recently made movements including Kelly Lawrence W & Associates Inc. purchasing a new stake worth $30,000 and Pacifica Partners Inc. increasing its position by 115%.
• Philip Morris reported quarterly earnings of $1.91 per share, exceeding estimates, and set a Q3 2025 guidance targeting earnings of between $2.080 and $2.130 per share, alongside a recent quarterly dividend of $1.35.

MYDA Advisors LLC lessened its position in Philip Morris International Inc. (NYSE:PM - Free Report) by 40.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 50,000 shares of the company's stock after selling 34,000 shares during the period. Philip Morris International comprises approximately 1.4% of MYDA Advisors LLC's holdings, making the stock its 12th biggest holding. MYDA Advisors LLC's holdings in Philip Morris International were worth $7,936,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC lifted its position in Philip Morris International by 31.1% during the 4th quarter. Brighton Jones LLC now owns 8,531 shares of the company's stock worth $1,027,000 after buying an additional 2,023 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in Philip Morris International by 4.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company's stock worth $252,000 after purchasing an additional 91 shares during the last quarter. AdvisorShares Investments LLC bought a new stake in Philip Morris International during the 4th quarter worth about $289,000. Schonfeld Strategic Advisors LLC raised its holdings in Philip Morris International by 149.3% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 104,073 shares of the company's stock worth $12,525,000 after purchasing an additional 62,323 shares during the last quarter. Finally, Voleon Capital Management LP bought a new stake in Philip Morris International during the 4th quarter worth about $6,091,000. Institutional investors and hedge funds own 78.63% of the company's stock.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Citigroup reissued an "overweight" rating on shares of Philip Morris International in a report on Tuesday, July 22nd. Wall Street Zen cut Philip Morris International from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. Bank of America upped their price target on Philip Morris International from $182.00 to $200.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. KGI Securities assumed coverage on Philip Morris International in a research note on Monday, August 4th. They issued an "outperform" rating for the company. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $195.00 price target on shares of Philip Morris International in a research note on Wednesday, July 23rd. Twelve analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $186.27.

Philip Morris International Stock Up 0.8%

Shares of NYSE:PM traded up $1.38 during midday trading on Friday, reaching $167.15. 5,357,997 shares of the company traded hands, compared to its average volume of 4,950,581. Philip Morris International Inc. has a 12 month low of $116.12 and a 12 month high of $186.69. The firm has a market capitalization of $260.18 billion, a price-to-earnings ratio of 31.78, a price-to-earnings-growth ratio of 2.43 and a beta of 0.48. The firm's fifty day moving average price is $172.04 and its two-hundred day moving average price is $166.87.

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 analysts' consensus estimates of $1.86 by $0.05. Philip Morris International had a negative return on equity of 120.86% and a net margin of 9.03%.The company had revenue of $10.14 billion for the quarter, compared to analyst estimates of $10.33 billion. During the same period in the previous year, the company posted $1.59 EPS. The firm's revenue for the quarter 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. Analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Announces Dividend

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

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.