White Lighthouse Investment Management Inc. Decreases Stake in Philip Morris International Inc. $PM

White Lighthouse Investment Management Inc. reduced its position in shares of Philip Morris International Inc. (NYSE:PM) by 23.7% in the second quarter, according to its most recent filing with the SEC. The fund owned 8,532 shares of the company’s stock after selling 2,650 shares during the quarter. White Lighthouse Investment Management Inc.’s holdings in Philip Morris International were worth $1,544,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd bought a new position in Philip Morris International in the 2nd quarter valued at $29,000. Golden Reserve Retirement LLC increased its holdings in Philip Morris International by 107.0% during the 2nd quarter. Golden Reserve Retirement LLC now owns 3,849 shares of the company’s stock worth $696,000 after purchasing an additional 1,990 shares during the period. Steinberganna Wealth Management purchased a new stake in shares of Philip Morris International in the 2nd quarter worth $207,000. 71 West Capital Partners grew its position in shares of Philip Morris International by 47.6% during the 2nd quarter. 71 West Capital Partners now owns 9,197 shares of the company’s stock worth $1,664,000 after buying an additional 2,965 shares in the last quarter. Finally, Founders Financial Alliance LLC grew its holdings in Philip Morris International by 1.9% during the 2nd quarter. Founders Financial Alliance LLC now owns 20,668 shares of the company’s stock worth $3,739,000 after acquiring an additional 377 shares in the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Trading Up 0.0%

Shares of PM stock opened at $190.40 on Monday. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $207.76. The stock has a market cap of $296.76 billion, a P/E ratio of 27.36, a P/E/G ratio of 2.30 and a beta of 0.38. The stock has a 50 day moving average of $185.23 and a 200 day moving average of $178.02.

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

Philip Morris International Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on PM shares. Barclays lifted their price objective on shares of Philip Morris International from $205.00 to $225.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Citigroup upped their target price on Philip Morris International from $210.00 to $225.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Needham & Company LLC lifted their price objective on shares of Philip Morris International from $200.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. BTIG Research set a $221.00 price objective on shares of Philip Morris International and gave the stock a “buy” rating in a research note on Friday, July 24th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target 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.