MAI Capital Management Has $10.93 Million Position in Philip Morris International Inc. $PM

MAI Capital Management lowered its stake in shares of Philip Morris International Inc. (NYSE:PM) by 1.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 68,831 shares of the company’s stock after selling 770 shares during the period. MAI Capital Management’s holdings in Philip Morris International were worth $10,925,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Kelly Lawrence W & Associates Inc. CA acquired a new stake in shares of Philip Morris International during the 1st quarter valued at $30,000. Clal Insurance Enterprises Holdings Ltd acquired a new stake in shares of Philip Morris International during the 1st quarter valued at $34,000. Pacifica Partners Inc. lifted its stake in shares of Philip Morris International by 115.0% in the 1st quarter. Pacifica Partners Inc. now owns 215 shares of the company’s stock valued at $35,000 after purchasing an additional 115 shares during the last quarter. Redmont Wealth Advisors LLC acquired a new stake in shares of Philip Morris International in the 1st quarter valued at $35,000. Finally, Inlight Wealth Management LLC acquired a new stake in shares of Philip Morris International in the 1st quarter valued at $38,000. Institutional investors and hedge funds own 78.63% of the company’s stock.

Philip Morris International Price Performance

Philip Morris International stock opened at $167.15 on Monday. The firm has a market cap of $260.18 billion, a price-to-earnings ratio of 31.78, a P/E/G ratio of 2.43 and a beta of 0.49. Philip Morris International Inc. has a fifty-two week low of $116.12 and a fifty-two week high of $186.69. The firm has a fifty day moving average price of $172.04 and a two-hundred day moving average price of $166.99.

Philip Morris International (NYSE:PM) last released its earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share for the quarter, topping 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%. The business’s revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. As a group, sell-side analysts expect that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Friday, June 27th were given a dividend of $1.35 per share. The ex-dividend date of this dividend was Friday, June 27th. This represents a $5.40 dividend on an annualized basis and a yield of 3.2%. Philip Morris International’s payout ratio is currently 102.66%.

Analysts Set New Price Targets

Several research firms recently issued reports on PM. KGI Securities began coverage on shares of Philip Morris International in a research note on Monday, August 4th. They issued an “outperform” rating for the company. Bank of America lifted their price objective on shares of Philip Morris International from $182.00 to $200.00 and gave the company a “buy” rating in a research note on Wednesday, June 4th. Wall Street Zen lowered shares of Philip Morris International from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Jefferies Financial Group began coverage on shares of Philip Morris International in a research note on Wednesday, July 9th. They issued a “buy” rating and a $220.00 price objective for the company. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $195.00 price objective on shares of Philip Morris International in a research note on Wednesday, July 23rd. Twelve analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $186.27.

Philip Morris International 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.