NS Partners Ltd Cuts Stock Holdings in Philip Morris International Inc. $PM

NS Partners Ltd cut its stake in shares of Philip Morris International Inc. (NYSE:PM) by 1.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 176,470 shares of the company’s stock after selling 3,122 shares during the period. Philip Morris International accounts for approximately 1.4% of NS Partners Ltd’s holdings, making the stock its 24th biggest holding. NS Partners Ltd’s holdings in Philip Morris International were worth $31,925,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Resurgent Financial Advisors LLC raised its holdings in Philip Morris International by 3.7% in the fourth quarter. Resurgent Financial Advisors LLC now owns 1,523 shares of the company’s stock valued at $244,000 after buying an additional 54 shares during the period. Douglass Winthrop Advisors LLC grew its stake in Philip Morris International by 0.3% during the fourth quarter. Douglass Winthrop Advisors LLC now owns 18,344 shares of the company’s stock worth $2,942,000 after buying an additional 56 shares during the period. Outlook Wealth Advisors LLC increased its position in shares of Philip Morris International by 4.6% in the fourth quarter. Outlook Wealth Advisors LLC now owns 1,320 shares of the company’s stock worth $212,000 after acquiring an additional 58 shares in the last quarter. Platt Wealth Management LLC lifted its holdings in shares of Philip Morris International by 2.1% during the 2nd quarter. Platt Wealth Management LLC now owns 2,833 shares of the company’s stock valued at $512,000 after acquiring an additional 58 shares in the last quarter. Finally, Aristotle Capital Management LLC lifted its holdings in shares of Philip Morris International by 4.4% during the 4th quarter. Aristotle Capital Management LLC now owns 1,384 shares of the company’s stock valued at $222,000 after acquiring an additional 58 shares in the last quarter. 78.63% of the stock is owned by hedge funds and other institutional investors.

Philip Morris International Stock Performance

Shares of PM stock opened at $187.24 on Tuesday. The stock has a market capitalization of $291.83 billion, a price-to-earnings ratio of 26.90, a PEG ratio of 2.32 and a beta of 0.38. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $207.76. The company’s 50-day simple moving average is $187.49 and its 200-day simple moving average is $178.80.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Wednesday, July 22nd. The company reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.05 by $0.15. The firm had revenue of $11.19 billion for 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 for the quarter was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.89 earnings per share. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. As a group, research analysts forecast that Philip Morris International Inc. will post 8.33 EPS for the current year.

Philip Morris International Announces Dividend

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

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. BTIG Research set a $221.00 price target on Philip Morris International and gave the company a “buy” rating in a report on Friday, July 24th. UBS Group boosted 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 report on Thursday, July 2nd. Barclays upped their target price on shares of Philip Morris International from $205.00 to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Citigroup upped their price objective on shares of Philip Morris International from $210.00 to $225.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research note on Monday, August 17th. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $205.89.

About Philip Morris International

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.