Susquehanna Fundamental Investments LLC Takes $1.01 Million Position in Philip Morris International Inc. $PM

Susquehanna Fundamental Investments LLC bought a new position in Philip Morris International Inc. (NYSE:PM) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 5,600 shares of the company’s stock, valued at approximately $1,013,000.

A number of other large investors have also bought and sold shares of the business. Brighton Jones LLC boosted its stake in Philip Morris International by 31.1% in the fourth quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after purchasing an additional 2,023 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Philip Morris International by 4.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock valued at $252,000 after buying an additional 91 shares in the last quarter. Sivia Capital Partners LLC increased its stake in shares of Philip Morris International by 53.7% in the second quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company’s stock valued at $1,027,000 after buying an additional 1,970 shares in the last quarter. Jump Financial LLC bought a new position in shares of Philip Morris International in the second quarter valued at about $2,454,000. Finally, Osterweis Capital Management Inc. raised its holdings in shares of Philip Morris International by 2,280.0% in the second quarter. Osterweis Capital Management Inc. now owns 357 shares of the company’s stock valued at $65,000 after buying an additional 342 shares during the last quarter. 78.63% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

PM has been the topic of a number of research analyst reports. Stifel Nicolaus increased their price objective on shares of Philip Morris International from $195.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. 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 note on Thursday, July 2nd. Morgan Stanley increased their price target on shares of Philip Morris International from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Barclays raised their price target on shares of Philip Morris International from $205.00 to $225.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Finally, Bank of America restated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $205.89.

Philip Morris International Trading Down 0.1%

Shares of NYSE:PM opened at $187.18 on Wednesday. The stock has a market capitalization of $291.74 billion, a P/E ratio of 26.89, a P/E/G ratio of 2.26 and a beta of 0.37. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $207.76. The business has a 50-day moving average price of $187.65 and a two-hundred day moving average price of $178.80.

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

Philip Morris International Dividend Announcement

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

Philip Morris International Company 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.