Philip Morris International Inc. $PM Shares Sold by Haverford Trust Co

Haverford Trust Co cut its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 0.9% in the 1st quarter, Holdings Channel reports. The fund owned 251,831 shares of the company’s stock after selling 2,241 shares during the period. Haverford Trust Co’s holdings in Philip Morris International were worth $39,973,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Trinity Legacy Partners LLC acquired a new stake in shares of Philip Morris International during the first quarter valued at about $240,000. Sax Wealth Advisors LLC grew its stake in Philip Morris International by 51.3% during the 1st quarter. Sax Wealth Advisors LLC now owns 8,858 shares of the company’s stock valued at $1,406,000 after purchasing an additional 3,002 shares in the last quarter. Blue Whale Capital LLP grew its stake in Philip Morris International by 5.6% during the 1st quarter. Blue Whale Capital LLP now owns 479,695 shares of the company’s stock valued at $76,142,000 after purchasing an additional 25,540 shares in the last quarter. Allstate Corp grew its stake in Philip Morris International by 2.9% during the 1st quarter. Allstate Corp now owns 47,577 shares of the company’s stock valued at $7,552,000 after purchasing an additional 1,333 shares in the last quarter. Finally, Kestra Advisory Services LLC grew its position in shares of Philip Morris International by 7.3% during the first quarter. Kestra Advisory Services LLC now owns 149,858 shares of the company’s stock worth $23,787,000 after buying an additional 10,209 shares in the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Stock Down 1.6%

Shares of PM opened at $171.67 on Friday. The firm has a 50-day moving average price of $173.69 and a 200 day moving average price of $165.95. The firm has a market capitalization of $267.22 billion, a PE ratio of 32.64, a P/E/G ratio of 2.54 and a beta of 0.48. 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) last announced its earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.05. The firm had revenue of $10.14 billion during the quarter, compared to analyst estimates of $10.33 billion. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. Philip Morris International’s revenue was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. On average, equities analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Friday, June 27th were paid a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Friday, June 27th. Philip Morris International’s dividend payout ratio (DPR) is presently 102.66%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Needham & Company LLC reissued a “buy” rating and set a $195.00 price target on shares of Philip Morris International in a research report on Wednesday, July 23rd. UBS Group boosted their price objective on shares of Philip Morris International from $170.00 to $181.00 and gave the company a “neutral” rating in a research report on Monday, July 14th. Wall Street Zen downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Citigroup reaffirmed an “overweight” rating on shares of Philip Morris International in a report on Tuesday, July 22nd. Finally, Jefferies Financial Group began coverage on Philip Morris International in a report on Wednesday, July 9th. They set a “buy” rating and a $220.00 target price for the company. Twelve investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $186.27.

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.