Paradigm Capital Management LLC NV Takes Position in Philip Morris International Inc. $PM

Paradigm Capital Management LLC NV acquired a new stake in shares of Philip Morris International Inc. (NYSE:PMFree Report) in the second quarter, HoldingsChannel reports. The fund acquired 6,081 shares of the company’s stock, valued at approximately $1,100,000. Philip Morris International makes up about 0.9% of Paradigm Capital Management LLC NV’s investment portfolio, making the stock its 26th biggest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of PM. AG Campbell Advisory LLC acquired a new position in Philip Morris International in the fourth quarter valued at approximately $25,000. Portfolio Resources Advisor Group Inc. acquired a new stake in shares of Philip Morris International during the 4th quarter worth approximately $26,000. Vermillion Wealth Management Inc. lifted its holdings in shares of Philip Morris International by 146.5% in the 1st quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock worth $29,000 after purchasing an additional 104 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of Philip Morris International in the 2nd quarter worth approximately $29,000. Finally, Safe Harbor Fiduciary LLC acquired a new position in Philip Morris International during the 4th quarter valued at approximately $29,000. Institutional investors and hedge funds own 78.63% of the company’s stock.

More Philip Morris International News

Here are the key news stories impacting Philip Morris International this week:

  • Positive Sentiment: The FDA granted Marketing Granted Orders for 11 ZYN ULTRA nicotine pouch products in the United States, including all 9mg variants and one 11mg variant. The authorization broadens PM’s smoke-free portfolio, supports regulatory certainty for ZYN, and reinforces the company’s long-term shift away from combustible tobacco. Philip Morris’ ZYN ULTRA FDA Authorization Strengthens Smoke-Free Push
  • Positive Sentiment: Recent second-quarter results provided additional support for the stock: revenue increased 10.4% year over year to $11.19 billion, while adjusted earnings of $2.20 per share exceeded the $2.05 consensus estimate. The company also issued third-quarter earnings guidance of $2.20 to $2.25 per share. Should Strong Q2 Results And New FDA-Authorized ZYN ULTRA Pouches Require Action From Philip Morris Investors?
  • Neutral Sentiment: PM and Altria Group (NYSE: MO) entered reciprocal contract manufacturing agreements intended to improve manufacturing efficiency and operational flexibility. PM’s non-U.S. affiliates will manufacture certain combustible cigarettes for Philip Morris USA, while the arrangements also provide reciprocal production capabilities. First shipments are expected in 2027, and the companies said the agreements should not materially affect 2026 results, limiting the near-term earnings impact. Altria, Philip Morris International sign contract manufacturing deals

Analysts Set New Price Targets

A number of research analysts recently commented on PM shares. UBS Group upped their price objective on Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a research note on Thursday, July 2nd. Barclays boosted 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. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a report on Monday, August 17th. Citigroup boosted their target price on shares of Philip Morris International from $210.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Finally, Needham & Company LLC upped their target price on shares of Philip Morris International from $200.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Philip Morris International currently has a consensus rating of “Moderate Buy” and a consensus price target of $205.89.

Read Our Latest Stock Analysis on Philip Morris International

Philip Morris International Price Performance

Shares of Philip Morris International stock opened at $191.48 on Tuesday. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $207.76. The business’s fifty day moving average price is $186.22 and its two-hundred day moving average price is $178.46. The company has a market capitalization of $298.44 billion, a P/E ratio of 27.51, a PEG ratio of 2.27 and a beta of 0.38.

Philip Morris International (NYSE:PMGet Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.05 by $0.15. The company had revenue of $11.19 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.89 earnings per share. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. On average, research analysts expect that Philip Morris International Inc. will post 8.33 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

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 $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date was Thursday, June 25th. Philip Morris International’s dividend payout ratio is currently 84.48%.

Philip Morris International Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Philip Morris International (NYSE:PM)

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