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

Diversified Trust Co trimmed its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 14.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 82,885 shares of the company’s stock after selling 13,921 shares during the period. Diversified Trust Co’s holdings in Philip Morris International were worth $15,096,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Kapstone Financial Advisors LLC boosted its holdings in shares of Philip Morris International by 4.8% in the 2nd quarter. Kapstone Financial Advisors LLC now owns 8,009 shares of the company’s stock valued at $1,459,000 after buying an additional 369 shares during the period. TCV Trust & Wealth Management Inc. grew its stake in Philip Morris International by 106.3% during the 2nd quarter. TCV Trust & Wealth Management Inc. now owns 60,300 shares of the company’s stock worth $10,982,000 after buying an additional 31,073 shares during the last quarter. Grove Bank & Trust increased its holdings in shares of Philip Morris International by 2.2% in the 2nd quarter. Grove Bank & Trust now owns 8,963 shares of the company’s stock worth $1,632,000 after acquiring an additional 196 shares during the period. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of Philip Morris International during the second quarter valued at approximately $205,000. Finally, Clare Market Investments LLC boosted its position in Philip Morris International by 16.1% during the 2nd quarter. Clare Market Investments LLC now owns 7,484 shares of the company’s stock worth $1,363,000 after acquiring an additional 1,039 shares during the period. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Price Performance

Shares of Philip Morris International stock opened at $162.84 on Friday. The company’s 50 day moving average price is $167.26 and its two-hundred day moving average price is $167.91. 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 market capitalization of $253.48 billion, a P/E ratio of 30.96, a P/E/G ratio of 2.35 and a beta of 0.49.

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, topping the consensus estimate of $1.86 by $0.05. The business had revenue of $10.14 billion during the quarter, compared to analyst estimates of $10.33 billion. Philip Morris International had a negative return on equity of 120.86% and a net margin of 9.03%.Philip Morris International’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period last year, the company earned $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. On average, analysts expect that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, October 20th. Shareholders of record on Friday, October 3rd will be paid a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 3.6%. This is an increase from Philip Morris International’s previous quarterly dividend of $1.35. The ex-dividend date of this dividend is Friday, October 3rd. Philip Morris International’s payout ratio is presently 102.66%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on PM. Bank of America raised their target price on Philip Morris International from $182.00 to $200.00 and gave the company a “buy” rating in a research note on Wednesday, June 4th. UBS Group reduced their target price on Philip Morris International from $177.00 to $166.00 and set a “neutral” rating for the company in a report on Friday, September 5th. Barclays decreased their price target on shares of Philip Morris International from $225.00 to $220.00 and set an “overweight” rating for the company in a report on Wednesday, July 30th. Jefferies Financial Group assumed coverage on Philip Morris International in a research note on Wednesday, July 9th. They issued a “buy” rating and a $220.00 target price on the stock. Finally, Needham & Company LLC restated a “buy” rating and set a $195.00 price target 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 issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $184.91.

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.