Diversified Management Inc. Sells 4,060 Shares of Philip Morris International Inc. $PM

Diversified Management Inc. lowered its position in Philip Morris International Inc. (NYSE:PM) by 60.4% during the second quarter, Holdings Channel reports. The firm owned 2,663 shares of the company’s stock after selling 4,060 shares during the period. Diversified Management Inc.’s holdings in Philip Morris International were worth $482,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

Several research firms have recently weighed in on PM. Morgan Stanley lifted their price objective on Philip Morris International from $200.00 to $215.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Stifel Nicolaus raised their target price on Philip Morris International from $195.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. UBS Group lifted their target price on Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a report on Thursday, July 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Finally, Citigroup increased their price target on Philip Morris International from $210.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Ten investment 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 company currently has a consensus rating of “Moderate Buy” and an average price target of $205.89.

Philip Morris International Stock Performance

Shares of NYSE PM opened at $186.25 on Wednesday. The stock has a market cap of $290.29 billion, a price-to-earnings ratio of 26.76, a PEG ratio of 2.25 and a beta of 0.38. 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 $184.52 and its 200 day simple moving average is $177.69.

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 firm had revenue of $11.19 billion during the quarter, compared to analyst estimates of $10.60 billion. Philip Morris International had a negative return on equity of 163.41% and a net margin of 11.06%.The company’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.89 EPS. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. On average, sell-side analysts predict that Philip Morris International Inc. will post 8.33 EPS for the current year.

Philip Morris International Dividend Announcement

The business also recently announced 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. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $5.88 annualized dividend and a dividend yield of 3.2%. Philip Morris International’s payout ratio is presently 84.48%.

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.