Tandem Financial LLC Takes Position in Philip Morris International Inc. $PM

Key Points

• Tandem Financial LLC acquired 14,238 shares of Philip Morris International worth approximately $2.6 million, making PM its 21st-largest holding and representing 0.8% of its portfolio. Institutional investors and hedge funds own 78.63% of the company.
• Philip Morris reported strong quarterly results, with revenue up 10.4% year over year to $11.19 billion and earnings of $2.20 per share, beating estimates. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $205.89.
• The company pays a quarterly dividend of $1.47, or $5.88 annually, yielding about 3.1%. FDA authorization of 11 ZYN ULTRA nicotine pouch products further supports PMI’s shift toward smoke-free products.

Tandem Financial LLC acquired a new position in Philip Morris International Inc. (NYSE:PM - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 14,238 shares of the company's stock, valued at approximately $2,597,000. Philip Morris International accounts for approximately 0.8% of Tandem Financial LLC's investment portfolio, making the stock its 21st largest position.

Several other large investors have also made changes to their positions in PM. AG Campbell Advisory LLC acquired a new stake in Philip Morris International in the 4th quarter valued at approximately $25,000. Portfolio Resources Advisor Group Inc. bought a new position in Philip Morris International in the 4th quarter worth approximately $26,000. Vermillion Wealth Management Inc. lifted its holdings in shares of Philip Morris International by 146.5% during the first quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company's stock worth $29,000 after buying an additional 104 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Philip Morris International during the second quarter worth approximately $29,000. Finally, Safe Harbor Fiduciary LLC acquired a new position in shares of Philip Morris International during the fourth quarter worth approximately $29,000. Institutional investors and hedge funds own 78.63% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on PM. Morgan Stanley raised their price objective on shares of Philip Morris International from $200.00 to $215.00 and gave the stock an "overweight" rating in a research note on Thursday, July 23rd. BTIG Research set a $221.00 target price on shares of Philip Morris International and gave the company a "buy" rating in a research note on Friday, July 24th. Citigroup increased their price target on shares of Philip Morris International from $210.00 to $225.00 and gave the company a "buy" rating in a report on Thursday, July 30th. Stifel Nicolaus raised their price target on shares of Philip Morris International from $195.00 to $205.00 and gave the stock a "buy" rating in a research report on Thursday, July 23rd. Finally, Bank of America restated a "buy" rating on shares of Philip Morris International in a research report on Thursday, May 21st. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Philip Morris International has an average rating of "Moderate Buy" and a consensus target price of $205.89.

Philip Morris International Stock Up 1.7%

Philip Morris International stock opened at $191.48 on Tuesday. The business has a 50 day moving average price of $186.22 and a two-hundred day moving average price of $178.46. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $207.76. The stock has a market cap of $298.44 billion, a price-to-earnings ratio of 27.51, a price-to-earnings-growth ratio of 2.27 and a beta of 0.38.

Philip Morris International (NYSE:PM - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $2.05 by $0.15. The company had revenue of $11.19 billion for the quarter, compared to analyst estimates of $10.60 billion. Philip Morris International had a negative return on equity of 163.41% and a net margin of 11.06%.Philip Morris International's revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.89 EPS. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. On average, analysts expect that Philip Morris International Inc. will post 8.33 earnings per share 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. Investors of record on Thursday, June 25th were given a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Thursday, June 25th. Philip Morris International's dividend payout ratio (DPR) is 84.48%.

More Philip Morris International News

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

• Positive Sentiment: The FDA granted Marketing Granted Orders for 11 ZYN ULTRA nicotine pouch products in the United States, including all 9mg variants and one 11mg variant. The authorization broadens PM’s smoke-free portfolio, supports regulatory certainty for ZYN, and reinforces the company’s long-term shift away from combustible tobacco. Philip Morris' ZYN ULTRA FDA Authorization Strengthens Smoke-Free Push
• Positive Sentiment: Recent second-quarter results provided additional support for the stock: revenue increased 10.4% year over year to $11.19 billion, while adjusted earnings of $2.20 per share exceeded the $2.05 consensus estimate. The company also issued third-quarter earnings guidance of $2.20 to $2.25 per share. Should Strong Q2 Results And New FDA-Authorized ZYN ULTRA Pouches Require Action From Philip Morris Investors?
• Neutral Sentiment: PM and Altria Group NYSE: MO entered reciprocal contract manufacturing agreements intended to improve manufacturing efficiency and operational flexibility. PM’s non-U.S. affiliates will manufacture certain combustible cigarettes for Philip Morris USA, while the arrangements also provide reciprocal production capabilities. First shipments are expected in 2027, and the companies said the agreements should not materially affect 2026 results, limiting the near-term earnings impact. Altria, Philip Morris International sign contract manufacturing deals

Philip Morris International 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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