Sapient Capital LLC Trims Stock Holdings in Philip Morris International Inc. $PM

Sapient Capital LLC reduced its position in Philip Morris International Inc. (NYSE:PM) by 3.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 130,817 shares of the company’s stock after selling 4,763 shares during the quarter. Sapient Capital LLC’s holdings in Philip Morris International were worth $23,858,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. AG Campbell Advisory LLC acquired a new stake in Philip Morris International during the 4th quarter worth $25,000. Portfolio Resources Advisor Group Inc. purchased a new stake in shares of Philip Morris International in the fourth quarter valued at about $26,000. Richards Merrill & Peterson Inc. purchased a new stake in shares of Philip Morris International in the fourth quarter valued at about $28,000. Vermillion Wealth Management Inc. boosted its stake in shares of Philip Morris International by 146.5% during the first quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock worth $29,000 after buying an additional 104 shares during the period. Finally, Safe Harbor Fiduciary LLC acquired a new stake in shares of Philip Morris International during the fourth quarter worth about $29,000. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Philip Morris International Price Performance

Philip Morris International stock opened at $189.65 on Monday. The stock’s 50 day moving average price is $184.01 and its 200 day moving average price is $177.44. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $207.76. The company has a market cap of $295.58 billion, a PE ratio of 27.25, a price-to-earnings-growth ratio of 2.29 and a beta of 0.38.

Philip Morris International (NYSE:PM) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $2.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.05 by $0.15. The firm had revenue of $11.19 billion during the quarter, compared to analysts’ expectations of $10.60 billion. Philip Morris International had a negative return on equity of 163.41% and a net margin of 11.06%.Philip Morris International’s revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.89 earnings per share. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. On average, equities research analysts anticipate that Philip Morris International Inc. will post 8.33 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 20th. Investors of record on Thursday, June 25th were paid a $1.47 dividend. The ex-dividend date was Thursday, June 25th. This represents a $5.88 annualized dividend and a dividend yield of 3.1%. Philip Morris International’s dividend payout ratio (DPR) is 84.48%.

Analyst Ratings Changes

Several analysts have commented on PM shares. Morgan Stanley upped their price objective on Philip Morris International from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Stifel Nicolaus lifted their target price on Philip Morris International from $195.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. BTIG Research set a $221.00 target price on Philip Morris International and gave the company a “buy” rating in a report on Friday, July 24th. Needham & Company LLC upped their price target on Philip Morris International from $200.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Finally, UBS Group increased their price target on Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a report on Thursday, July 2nd. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $205.89.

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.