Van Hulzen Asset Management LLC Makes New $1.03 Million Investment in Philip Morris International Inc. $PM

Key Points

• Van Hulzen Asset Management acquired 5,690 Philip Morris shares worth approximately $1.03 million during the second quarter. Institutional investors collectively own 78.63% of PM’s outstanding stock.
• Philip Morris reported strong quarterly results, with revenue up 10.4% year over year to $11.19 billion and EPS of $2.20, beating analysts’ $2.05 estimate. The company also issued third-quarter EPS guidance of $2.20–$2.25.
• PM pays a quarterly dividend of $1.47, or $5.88 annually, representing a 3.1% yield. Analysts maintain a “Moderate Buy” consensus, with an average price target of $205.89.

Van Hulzen Asset Management LLC acquired a new stake in Philip Morris International Inc. (NYSE:PM - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 5,690 shares of the company's stock, valued at approximately $1,029,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in PM. AG Campbell Advisory LLC acquired a new position in Philip Morris International during the fourth quarter valued at $25,000. Portfolio Resources Advisor Group Inc. acquired a new stake in Philip Morris International during the 4th quarter worth about $26,000. Vermillion Wealth Management Inc. grew its position in Philip Morris International by 146.5% during the 1st quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company's stock worth $29,000 after purchasing an additional 104 shares during the period. Caitong International Asset Management Co. Ltd purchased a new position in shares of Philip Morris International during the 2nd quarter valued at about $29,000. Finally, Safe Harbor Fiduciary LLC purchased a new position in shares of Philip Morris International during the 4th quarter valued at about $29,000. Institutional investors and hedge funds own 78.63% of the company's stock.

Philip Morris International Stock Up 1.7%

PM opened at $191.48 on Tuesday. The company has a market cap of $298.44 billion, a PE ratio of 27.51, a price-to-earnings-growth ratio of 2.27 and a beta of 0.38. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $207.76. The company has a 50-day moving average price of $186.22 and a 200 day moving average price of $178.46.

Philip Morris International (NYSE:PM - Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $2.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.05 by $0.15. Philip Morris International had a negative return on equity of 163.41% and a net margin of 11.06%.The company had revenue of $11.19 billion for the quarter, compared to analysts' expectations of $10.60 billion. During the same period in the previous year, the firm posted $1.89 EPS. Philip Morris International's revenue was up 10.4% compared to the same quarter last year. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. As a group, sell-side analysts expect that Philip Morris International Inc. will post 8.33 earnings per share for the current year.

Philip Morris International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, July 20th. Stockholders of record on Thursday, June 25th were given a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Thursday, June 25th. Philip Morris International's dividend payout ratio is 84.48%.

Philip Morris International News Summary

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

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Citigroup upped their target price on Philip Morris International from $210.00 to $225.00 and gave the stock a "buy" rating in a research note on Thursday, July 30th. Bank of America restated a "buy" rating on shares of Philip Morris International in a research report on Thursday, May 21st. UBS Group boosted their target price on shares of Philip Morris International from $168.00 to $182.00 and gave the company a "neutral" rating in a research note on Thursday, July 2nd. BTIG Research set a $221.00 price target on shares of Philip Morris International and gave the company a "buy" rating in a research report on Friday, July 24th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Philip Morris International in a research report on Monday, August 17th. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Philip Morris International currently has an average rating of "Moderate Buy" and an average target price of $205.89.

About Philip Morris International

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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