Trust Co. of Vermont Takes Position in Philip Morris International Inc. $PM

Trust Co. of Vermont purchased a new stake in Philip Morris International Inc. (NYSE:PM) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 10,160 shares of the company’s stock, valued at approximately $1,838,000.

A number of other large investors have also recently bought and sold shares of the business. Resurgent Financial Advisors LLC grew its position in Philip Morris International by 3.7% during the 4th quarter. Resurgent Financial Advisors LLC now owns 1,523 shares of the company’s stock worth $244,000 after purchasing an additional 54 shares during the last quarter. Douglass Winthrop Advisors LLC raised its holdings in shares of Philip Morris International by 0.3% in the fourth quarter. Douglass Winthrop Advisors LLC now owns 18,344 shares of the company’s stock valued at $2,942,000 after buying an additional 56 shares during the last quarter. Outlook Wealth Advisors LLC boosted its stake in shares of Philip Morris International by 4.6% during the fourth quarter. Outlook Wealth Advisors LLC now owns 1,320 shares of the company’s stock worth $212,000 after buying an additional 58 shares during the period. Platt Wealth Management LLC boosted its stake in shares of Philip Morris International by 2.1% during the second quarter. Platt Wealth Management LLC now owns 2,833 shares of the company’s stock worth $512,000 after buying an additional 58 shares during the period. Finally, Aristotle Capital Management LLC grew its holdings in shares of Philip Morris International by 4.4% during the fourth quarter. Aristotle Capital Management LLC now owns 1,384 shares of the company’s stock worth $222,000 after buying an additional 58 shares during the last quarter. Institutional investors and hedge funds own 78.63% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Barclays boosted their price target on Philip Morris International from $205.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Stifel Nicolaus boosted 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. Finally, UBS Group upped their price target 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. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $205.89.

Philip Morris International Price Performance

Shares of NYSE:PM opened at $187.77 on Wednesday. The firm has a market capitalization of $292.66 billion, a price-to-earnings ratio of 26.98, a price-to-earnings-growth ratio of 2.30 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. The business’s 50 day simple moving average is $185.60 and its 200-day simple moving average is $178.12.

Philip Morris International (NYSE:PM) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share for the quarter, beating analysts’ consensus estimates of $2.05 by $0.15. The business 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 business’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter last 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, equities analysts anticipate that Philip Morris International Inc. will post 8.33 earnings per share for the current year.

Philip Morris International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Thursday, June 25th were issued a dividend of $1.47 per share. 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 84.48%.

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.