Elevated Capital Advisors LLC Reduces Position in Philip Morris International Inc. $PM

Elevated Capital Advisors LLC lowered its stake in shares of Philip Morris International Inc. (NYSE:PM) by 40.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,749 shares of the company’s stock after selling 3,826 shares during the quarter. Elevated Capital Advisors LLC’s holdings in Philip Morris International were worth $1,040,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of PM. AG Campbell Advisory LLC acquired a new position in Philip Morris International in the fourth quarter worth $25,000. Portfolio Resources Advisor Group Inc. acquired a new position in Philip Morris International during the 4th quarter worth $26,000. Vermillion Wealth Management Inc. grew its position in Philip Morris International by 146.5% in the 1st quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock valued at $29,000 after buying an additional 104 shares in the last quarter. Richards Merrill & Peterson Inc. acquired a new stake in shares of Philip Morris International in the 4th quarter worth approximately $28,000. Finally, Safe Harbor Fiduciary LLC acquired a new stake in shares of Philip Morris International in the fourth quarter valued at $29,000. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Up 0.8%

PM stock opened at $190.40 on Friday. The company has a 50 day moving average of $185.23 and a two-hundred day moving average of $178.00. The company has a market cap of $296.76 billion, a price-to-earnings ratio of 27.36, a PEG ratio of 2.28 and a beta of 0.38. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $207.76.

Philip Morris International (NYSE:PM) last posted 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 for the quarter, compared to analysts’ expectations of $10.60 billion. During the same period in the previous year, the company posted $1.89 EPS. Philip Morris International’s 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, research analysts anticipate that Philip Morris International Inc. will post 8.33 EPS for the current year.

Philip Morris International Dividend Announcement

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 dividend of $1.47 per share. 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 (DPR) is currently 84.48%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Morgan Stanley raised their price objective on shares of Philip Morris International from $200.00 to $215.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. Citigroup lifted their price objective on shares of Philip Morris International from $210.00 to $225.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. UBS Group boosted their target price on shares of Philip Morris International from $168.00 to $182.00 and gave the company a “neutral” rating in a research note on Thursday, July 2nd. Finally, Stifel Nicolaus increased their target price on Philip Morris International from $195.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Philip Morris International currently has a consensus rating of “Moderate Buy” and an average 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.