Parkwood LLC Trims Stock Holdings in Philip Morris International Inc. $PM

Parkwood LLC decreased its stake in Philip Morris International Inc. (NYSE:PM) by 49.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,405 shares of the company’s stock after selling 71,008 shares during the quarter. Parkwood LLC’s holdings in Philip Morris International were worth $11,652,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Perigon Wealth Management LLC grew its position in shares of Philip Morris International by 0.4% during the first quarter. Perigon Wealth Management LLC now owns 14,087 shares of the company’s stock worth $2,236,000 after purchasing an additional 60 shares in the last quarter. TBH Global Asset Management LLC grew its position in shares of Philip Morris International by 0.9% during the first quarter. TBH Global Asset Management LLC now owns 6,932 shares of the company’s stock worth $1,100,000 after purchasing an additional 61 shares in the last quarter. NFP Retirement Inc. grew its position in shares of Philip Morris International by 2.5% during the first quarter. NFP Retirement Inc. now owns 2,589 shares of the company’s stock worth $411,000 after purchasing an additional 62 shares in the last quarter. Capital Advisors Wealth Management LLC grew its position in shares of Philip Morris International by 2.1% during the first quarter. Capital Advisors Wealth Management LLC now owns 3,005 shares of the company’s stock worth $477,000 after purchasing an additional 63 shares in the last quarter. Finally, Renasant Bank grew its position in shares of Philip Morris International by 3.3% during the first quarter. Renasant Bank now owns 1,994 shares of the company’s stock worth $317,000 after purchasing an additional 63 shares in the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Jefferies Financial Group assumed coverage on Philip Morris International in a research note on Wednesday, July 9th. They set a “buy” rating and a $220.00 price target for the company. Citigroup reissued a “buy” rating on shares of Philip Morris International in a research note on Thursday. Wall Street Zen lowered Philip Morris International from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Needham & Company LLC reissued a “buy” rating and set a $195.00 price target on shares of Philip Morris International in a research note on Wednesday, July 23rd. Finally, Barclays dropped their price target on Philip Morris International from $225.00 to $220.00 and set an “overweight” rating for the company in a research note on Wednesday, July 30th. Twelve equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $184.91.

Philip Morris International Price Performance

NYSE:PM opened at $161.61 on Friday. The firm has a market capitalization of $251.57 billion, a price-to-earnings ratio of 30.72, a PEG ratio of 2.34 and a beta of 0.49. Philip Morris International Inc. has a 1 year low of $116.12 and a 1 year high of $186.69. The business has a 50 day simple moving average of $170.22 and a 200-day simple moving average of $167.24.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.05. The business had revenue of $10.14 billion during the quarter, compared to analyst estimates of $10.33 billion. Philip Morris International had a negative return on equity of 120.86% and a net margin of 9.03%.The company’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period last year, the company earned $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. As a group, analysts expect that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Friday, June 27th were paid a $1.35 dividend. This represents a $5.40 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend was Friday, June 27th. Philip Morris International’s dividend payout ratio (DPR) is presently 102.66%.

Philip Morris International Company Profile

Philip Morris International Inc operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches.