Van Diest Capital LLC Boosts Holdings in Philip Morris International Inc. $PM

Van Diest Capital LLC boosted its stake in Philip Morris International Inc. (NYSE:PM) by 99.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,298 shares of the company’s stock after acquiring an additional 4,633 shares during the period. Philip Morris International accounts for about 1.2% of Van Diest Capital LLC’s holdings, making the stock its 16th biggest position. Van Diest Capital LLC’s holdings in Philip Morris International were worth $1,537,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Matrix Private Capital Group LLC purchased a new position in Philip Morris International in the first quarter valued at approximately $2,196,000. Waverly Advisors LLC increased its position in Philip Morris International by 4.7% in the first quarter. Waverly Advisors LLC now owns 91,689 shares of the company’s stock worth $15,160,000 after buying an additional 4,106 shares during the last quarter. Bollard Group LLC raised its stake in shares of Philip Morris International by 0.6% in the first quarter. Bollard Group LLC now owns 61,234 shares of the company’s stock valued at $10,124,000 after buying an additional 393 shares during the period. Gamco Investors INC. ET AL lifted its position in shares of Philip Morris International by 0.7% during the 1st quarter. Gamco Investors INC. ET AL now owns 9,887 shares of the company’s stock valued at $1,635,000 after buying an additional 66 shares during the last quarter. Finally, Modern Wealth Management LLC lifted its position in shares of Philip Morris International by 8.5% during the 1st quarter. Modern Wealth Management LLC now owns 25,159 shares of the company’s stock valued at $3,958,000 after buying an additional 1,971 shares during the last quarter. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on PM. Stifel Nicolaus lifted their price objective on Philip Morris International from $195.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday. BTIG Research set a $221.00 price objective on shares of Philip Morris International and gave the company a “buy” rating in a report on Friday. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. UBS Group lifted their target price on shares of Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a research note on Thursday, July 2nd. Finally, Needham & Company LLC boosted their price target on shares of Philip Morris International from $200.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday. Eleven analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $202.00.

Philip Morris International Trading Up 0.9%

Shares of PM opened at $192.84 on Friday. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $199.78. The company has a market cap of $300.55 billion, a PE ratio of 27.71, a price-to-earnings-growth ratio of 2.28 and a beta of 0.38. The stock has a 50-day moving average price of $182.79 and a 200-day moving average price of $175.46.

Philip Morris International (NYSE:PM) last posted 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 analysts’ expectations of $10.60 billion. Philip Morris International had a net margin of 13.05% and a negative return on equity of 163.41%. Philip Morris International’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.89 earnings per share. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. As a group, analysts predict that Philip Morris International Inc. will post 8.35 earnings per share for the current year.

Philip Morris International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 20th. Stockholders of record on Thursday, June 25th were given a dividend of $1.47 per share. The ex-dividend date was Thursday, June 25th. This represents a $5.88 annualized dividend and a dividend yield of 3.0%. 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: 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 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.