Federation des caisses Desjardins du Quebec Buys 8,278 Shares of Philip Morris International Inc. $PM

Key Points

• The Federation des caisses Desjardins du Quebec increased its holdings in Philip Morris International Inc. by 21.8%, owning 46,333 shares valued at approximately $7.35 million as of the end of the last quarter.
• Philip Morris International's shares have decreased by 2.5% recently, with stock trading at around $163.18 despite a market cap of $254.01 billion.
• The company reported a quarterly earnings per share (EPS) of $1.91, exceeding the consensus estimate, and has set its Q3 2025 guidance at 2.080-2.130 EPS.

Federation des caisses Desjardins du Quebec raised its holdings in Philip Morris International Inc. (NYSE:PM - Free Report) by 21.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 46,333 shares of the company's stock after purchasing an additional 8,278 shares during the quarter. Federation des caisses Desjardins du Quebec's holdings in Philip Morris International were worth $7,354,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Focus Partners Advisor Solutions LLC raised its stake in shares of Philip Morris International by 14.4% during the first quarter. Focus Partners Advisor Solutions LLC now owns 28,972 shares of the company's stock valued at $4,599,000 after purchasing an additional 3,645 shares during the period. First Financial Bankshares Inc acquired a new stake in Philip Morris International during the 1st quarter worth approximately $213,000. Steamboat Capital Partners LLC grew its stake in shares of Philip Morris International by 381.5% in the first quarter. Steamboat Capital Partners LLC now owns 47,966 shares of the company's stock valued at $7,614,000 after acquiring an additional 38,005 shares in the last quarter. Nomura Holdings Inc. raised its holdings in Philip Morris International by 13.9% in the 1st quarter. Nomura Holdings Inc. now owns 73,594 shares of the company's stock valued at $11,682,000 after buying an additional 8,972 shares during the last quarter. Finally, Second Line Capital LLC acquired a new stake in Philip Morris International in the 1st quarter valued at $204,000. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Stock Up 0.6%

NYSE PM traded up $0.99 during trading hours on Monday, reaching $162.54. The company's stock had a trading volume of 5,968,464 shares, compared to its average volume of 6,013,100. The company has a market capitalization of $253.00 billion, a price-to-earnings ratio of 30.90, a PEG ratio of 2.34 and a beta of 0.49. Philip Morris International Inc. has a 1 year low of $116.12 and a 1 year high of $186.69. The firm's 50-day moving average price is $170.22 and its 200-day moving average price is $167.47.

Philip Morris International (NYSE:PM - Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 EPS for the quarter, beating analysts' consensus estimates of $1.86 by $0.05. The company 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 firm's revenue was up 7.1% compared to the same quarter last year. During the same period last year, the business posted $1.59 earnings per share. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Equities research analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Friday, June 27th were paid a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Friday, June 27th. Philip Morris International's payout ratio is 102.66%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on PM shares. KGI Securities began coverage on Philip Morris International in a research report on Monday, August 4th. They set an "outperform" rating on the stock. Barclays dropped their target price on 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. Wall Street Zen downgraded shares of Philip Morris International from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Citigroup reiterated a "buy" rating on shares of Philip Morris International in a report on Thursday. Finally, JPMorgan Chase & Co. increased their price objective on shares of Philip Morris International from $175.00 to $190.00 and gave the stock an "overweight" rating in a research report on Thursday, July 10th. Twelve analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, Philip Morris International presently has an average rating of "Moderate Buy" and a consensus price target of $184.91.

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.