Philip Morris International Inc. $PM Shares Sold by Haverford Trust Co

Key Points

• Haverford Trust Co reduced its stake in Philip Morris International by 0.9%, owning 251,831 shares valued at approximately $39.97 million following the sale of 2,241 shares in Q1.
• Philip Morris reported $1.91 earnings per share for the latest quarter, exceeding estimates of $1.86, while revenue was $10.14 billion, slightly below expectations of $10.33 billion.
• The company declared a quarterly dividend of $1.35 per share, resulting in an annualized dividend of $5.40 and a dividend yield of 3.1%.

Haverford Trust Co decreased its stake in Philip Morris International Inc. (NYSE:PM - Free Report) by 0.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 251,831 shares of the company's stock after selling 2,241 shares during the period. Haverford Trust Co's holdings in Philip Morris International were worth $39,973,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of PM. Trinity Legacy Partners LLC acquired a new position in Philip Morris International during the first quarter worth $240,000. Sax Wealth Advisors LLC raised its position in Philip Morris International by 51.3% during the first quarter. Sax Wealth Advisors LLC now owns 8,858 shares of the company's stock worth $1,406,000 after acquiring an additional 3,002 shares during the last quarter. Blue Whale Capital LLP raised its position in shares of Philip Morris International by 5.6% during the 1st quarter. Blue Whale Capital LLP now owns 479,695 shares of the company's stock worth $76,142,000 after purchasing an additional 25,540 shares during the last quarter. Allstate Corp raised its holdings in shares of Philip Morris International by 2.9% in the first quarter. Allstate Corp now owns 47,577 shares of the company's stock worth $7,552,000 after acquiring an additional 1,333 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its holdings in shares of Philip Morris International by 7.3% in the first quarter. Kestra Advisory Services LLC now owns 149,858 shares of the company's stock worth $23,787,000 after acquiring an additional 10,209 shares during the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Stock Performance

PM opened at $171.67 on Friday. The firm has a 50 day moving average price of $173.69 and a 200 day moving average price of $165.95. The company has a market cap of $267.22 billion, a PE ratio of 32.64, a price-to-earnings-growth ratio of 2.54 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.

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, 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 in the prior year, the business earned $1.59 earnings per share. The business'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. On average, sell-side analysts predict that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Friday, June 27th were paid a $1.35 dividend. The ex-dividend date was Friday, June 27th. This represents a $5.40 dividend on an annualized basis and a dividend yield of 3.1%. Philip Morris International's dividend payout ratio (DPR) is 102.66%.

Analysts Set New Price Targets

Several brokerages recently weighed in on PM. Citigroup reissued an "overweight" rating on shares of Philip Morris International in a research note on Tuesday, July 22nd. Barclays cut their price target 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. JPMorgan Chase & Co. boosted their price target on Philip Morris International from $175.00 to $190.00 and gave the company an "overweight" rating in a report on Thursday, July 10th. Wall Street Zen lowered Philip Morris International from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. Finally, Bank of America upped their target price 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. Twelve research 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 company has a consensus rating of "Moderate Buy" and an average price target of $186.27.

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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