Philip Morris International Inc. $PM Shares Sold by Cumberland Partners Ltd

Cumberland Partners Ltd lowered its holdings in Philip Morris International Inc. (NYSE:PM) by 22.3% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,580 shares of the company’s stock after selling 9,050 shares during the period. Cumberland Partners Ltd’s holdings in Philip Morris International were worth $5,221,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Capital International Investors raised its stake in shares of Philip Morris International by 13.7% in the fourth quarter. Capital International Investors now owns 101,377,875 shares of the company’s stock valued at $16,262,967,000 after acquiring an additional 12,227,004 shares in the last quarter. Capital Research Global Investors grew its stake in Philip Morris International by 25.3% during the 4th quarter. Capital Research Global Investors now owns 54,559,706 shares of the company’s stock worth $8,751,407,000 after purchasing an additional 11,013,173 shares in the last quarter. Capital World Investors increased its holdings in Philip Morris International by 2.8% during the 4th quarter. Capital World Investors now owns 132,355,726 shares of the company’s stock worth $21,230,315,000 after purchasing an additional 3,579,399 shares during the period. Massachusetts Financial Services Co. MA raised its position in Philip Morris International by 36.3% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 9,301,112 shares of the company’s stock valued at $1,491,898,000 after purchasing an additional 2,475,204 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in Philip Morris International by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 145,262,397 shares of the company’s stock valued at $23,300,088,000 after purchasing an additional 1,793,949 shares in the last quarter. 78.63% of the stock is owned by hedge funds and other institutional investors.

Philip Morris International Stock Performance

Philip Morris International stock opened at $192.84 on Friday. The company has a market capitalization of $300.55 billion, a P/E ratio of 27.71, a PEG ratio of 2.25 and a beta of 0.38. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $199.78. The stock has a 50-day simple moving average of $182.79 and a 200-day simple moving average of $175.46.

Philip Morris International (NYSE:PM) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $2.20 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 13.05%.The company had revenue of $11.19 billion for the quarter, compared to analyst estimates of $10.60 billion. During the same quarter in the previous year, the company posted $1.89 earnings per share. The firm’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, analysts forecast that Philip Morris International Inc. will post 8.37 earnings per share for the current year.

Philip Morris International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 20th. Stockholders of record on Thursday, June 25th were issued a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Thursday, June 25th. Philip Morris International’s payout ratio is presently 84.48%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Bank of America reissued a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. BTIG Research set a $221.00 price target on shares of Philip Morris International and gave the stock a “buy” rating in a research note on Friday. Morgan Stanley boosted their price target on shares of Philip Morris International from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Thursday. UBS Group increased their price objective on shares of Philip Morris International from $168.00 to $182.00 and gave the company a “neutral” rating in a research report on Thursday, July 2nd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Eleven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $202.00.

More Philip Morris International News

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

• Positive Sentiment: Philip Morris delivered a strong Q2 beat, with revenue and EPS topping estimates on the back of smoke-free product growth, which supports the stock’s bullish case. Philip Morris Trimmed Guidance, But Its Growth Story Looks Unshaken
• Positive Sentiment: Stifel and Needham both raised their price targets and kept buy ratings, signaling confidence that the company’s growth and margin trends can continue. Analyst price target raise coverage
• Positive Sentiment: BTIG upgraded Philip Morris to strong-buy, adding to the broader analyst optimism around the stock after earnings. BTIG upgrade coverage
• Neutral Sentiment: The company plans to increase spending to expand ZYN, which shows confidence in growth but also raises questions about near-term expense pressure. Philip Morris Ramps Spending to Grow Zyn Brand
• Neutral Sentiment: Some commentary argues the stock’s valuation is already rich, so even a solid quarter may not be enough to drive much more upside without continued execution. Philip Morris Q2: A Solid Quarter Isn’t Enough At This Price
• Negative Sentiment: Philip Morris trimmed full-year EPS guidance, which could limit enthusiasm despite the strong quarter and ongoing smoke-free momentum. Philip Morris Trimmed Guidance, But Its Growth Story Looks Unshaken

Philip Morris International Company 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.