Philip Morris International Inc. $PM Shares Sold by LFG Wealth Partners LLC

LFG Wealth Partners LLC cut its holdings in Philip Morris International Inc. (NYSE:PM) by 90.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,493 shares of the company’s stock after selling 14,860 shares during the quarter. LFG Wealth Partners LLC’s holdings in Philip Morris International were worth $270,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Brighton Jones LLC grew its stake in shares of Philip Morris International by 31.1% in the 4th 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 during the last quarter. Revolve Wealth Partners LLC lifted its stake in Philip Morris International by 4.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock valued at $252,000 after purchasing an additional 91 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in Philip Morris International by 53.7% during the second quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company’s stock worth $1,027,000 after buying an additional 1,970 shares in the last quarter. Jump Financial LLC bought a new stake in Philip Morris International during the second quarter worth approximately $2,454,000. Finally, Osterweis Capital Management Inc. boosted its holdings in Philip Morris International by 2,280.0% during the second quarter. Osterweis Capital Management Inc. now owns 357 shares of the company’s stock worth $65,000 after buying an additional 342 shares in the last quarter. 78.63% of the stock is owned by institutional investors and hedge funds.

Philip Morris International Price Performance

Philip Morris International stock opened at $190.40 on Monday. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $207.76. The firm’s 50 day simple moving average is $185.23 and its 200-day simple moving average is $178.02. The company has a market cap of $296.76 billion, a P/E ratio of 27.36, a price-to-earnings-growth ratio of 2.30 and a beta of 0.38.

Philip Morris International (NYSE:PM) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $2.20 EPS for the quarter, beating the consensus estimate 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 business had revenue of $11.19 billion during the quarter, compared to the consensus estimate of $10.60 billion. During the same quarter in the prior year, the firm earned $1.89 EPS. The firm’s quarterly revenue was up 10.4% on a year-over-year basis. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. On average, analysts expect that Philip Morris International Inc. will post 8.33 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently announced 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 was Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.1%. Philip Morris International’s dividend payout ratio is presently 84.48%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on PM. Needham & Company LLC upped their price target on Philip Morris International from $200.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. BTIG Research set a $221.00 price objective on Philip Morris International and gave the stock a “buy” rating in a research note on Friday, July 24th. Citigroup raised their price objective on Philip Morris International from $210.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. UBS Group boosted their target price on Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a research report on Thursday, July 2nd. Finally, Barclays upped their target price on Philip Morris International from $205.00 to $225.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $205.89.

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.