Town & Country Bank & Trust CO dba First Bankers Trust CO Reduces Stock Position in Philip Morris International Inc. $PM

Key Points

• Town & Country Bank & Trust CO reduced its position in Philip Morris International by 4.6% during the 2nd quarter, now holding 41,406 shares valued at $7,541,000.
• Philip Morris International recently increased its quarterly dividend from $1.35 to $1.47 per share, with an annualized yield of 3.6%.
• Philip Morris International reported $1.91 EPS for its latest quarter, surpassing analyst estimates, but had revenue of $10.14 billion, which was below expectations.

Town & Country Bank & Trust CO dba First Bankers Trust CO decreased its position in Philip Morris International Inc. (NYSE:PM - Free Report) by 4.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,406 shares of the company's stock after selling 2,016 shares during the quarter. Philip Morris International comprises approximately 2.8% of Town & Country Bank & Trust CO dba First Bankers Trust CO's holdings, making the stock its 3rd largest position. Town & Country Bank & Trust CO dba First Bankers Trust CO's holdings in Philip Morris International were worth $7,541,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Perigon Wealth Management LLC raised its holdings in shares of Philip Morris International by 0.4% in the 1st quarter. Perigon Wealth Management LLC now owns 14,087 shares of the company's stock worth $2,236,000 after purchasing an additional 60 shares in the last quarter. TBH Global Asset Management LLC increased its holdings in shares of Philip Morris International by 0.9% in the first quarter. TBH Global Asset Management LLC now owns 6,932 shares of the company's stock valued at $1,100,000 after buying an additional 61 shares in the last quarter. NFP Retirement Inc. increased its holdings in shares of Philip Morris International by 2.5% in the first quarter. NFP Retirement Inc. now owns 2,589 shares of the company's stock valued at $411,000 after buying an additional 62 shares in the last quarter. Capital Advisors Wealth Management LLC lifted its position in shares of Philip Morris International by 2.1% during the 1st quarter. Capital Advisors Wealth Management LLC now owns 3,005 shares of the company's stock valued at $477,000 after acquiring an additional 63 shares during the last quarter. Finally, Renasant Bank boosted its stake in shares of Philip Morris International by 3.3% during the 1st quarter. Renasant Bank now owns 1,994 shares of the company's stock worth $317,000 after acquiring an additional 63 shares in the last quarter. 78.63% of the stock is owned by institutional investors and hedge funds.

Philip Morris International Price Performance

NYSE PM opened at $162.34 on Tuesday. The firm has a market capitalization of $252.69 billion, a price-to-earnings ratio of 30.86, a price-to-earnings-growth ratio of 2.36 and a beta of 0.49. The company has a 50 day simple moving average of $166.89 and a 200-day simple moving average of $168.19. Philip Morris International Inc. has a 52-week low of $116.12 and a 52-week 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 for the quarter, beating 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 firm had revenue of $10.14 billion for the quarter, compared to analyst estimates of $10.33 billion. During the same quarter in the prior year, the business earned $1.59 EPS. The company'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. On average, analysts predict that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 20th. Investors of record on Friday, October 3rd will be issued a dividend of $1.47 per share. This is a positive change from Philip Morris International's previous quarterly dividend of $1.35. This represents a $5.88 annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Friday, October 3rd. Philip Morris International's dividend payout ratio is 102.66%.

Analyst Upgrades and Downgrades

PM has been the subject of several analyst reports. Wall Street Zen downgraded Philip Morris International from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. UBS Group reduced their price objective on shares of Philip Morris International from $177.00 to $166.00 and set a "neutral" rating for the company in a research note on Friday, September 5th. Citigroup reiterated a "buy" rating on shares of Philip Morris International in a report on Thursday, September 4th. Barclays dropped their target price on shares of 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. Finally, Bank of America upped their price target on shares of Philip Morris International from $182.00 to $200.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. Twelve analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Philip Morris International currently has a consensus rating of "Moderate Buy" and a consensus target price 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.

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