<div id="readability-page-1"><p>Hendley &amp; Co. Inc. trimmed its stake in shares of  Philip Morris International Inc. (NYSE:PM - Free Report) by 32.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,310 shares of the company's stock after selling 4,515 shares during the period. Hendley &amp; Co. Inc.'s holdings in Philip Morris International were worth $1,696,000 at the end of the most recent reporting period.</p><ul><li>Doubt the Market? 3 Stocks to Rideout Fear, Uncertainty and Doubt</li></ul><p>A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of  Philip Morris International by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 140,621,675 shares of the company's stock valued at $22,320,878,000 after acquiring an additional 1,189,283 shares during the period.  Wellington Management Group LLP raised its position in shares of  Philip Morris International by 26.4% during the 1st quarter. Wellington Management Group LLP now owns 21,840,422 shares of the company's stock worth $3,466,730,000 after purchasing an additional 4,563,632 shares during the last quarter.  Nuveen LLC acquired a new position in shares of  Philip Morris International during the 1st quarter worth approximately $1,712,994,000.  Goldman Sachs Group Inc. raised its position in shares of  Philip Morris International by 57.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,794,530 shares of the company's stock worth $1,554,686,000 after purchasing an additional 3,575,158 shares during the last quarter.  Finally, Massachusetts Financial Services Co. MA raised its position in shares of  Philip Morris International by 22.2% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 9,018,628 shares of the company's stock worth $1,431,527,000 after purchasing an additional 1,635,636 shares during the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Philip Morris International Stock Up 0.6%</h2><p>PM opened at $154.53 on Wednesday. The firm has a market cap of $240.53 billion, a price-to-earnings ratio of 29.38, a price-to-earnings-growth ratio of 2.22 and a beta of 0.46. Philip Morris International Inc. has a fifty-two week low of $116.12 and a fifty-two week high of $186.69. The company's 50-day moving average price is $164.57 and its 200 day moving average price is $168.67. </p><ul><li>3 Dividend Kings Outshining the Market in 2025</li></ul><p>Philip Morris International (NYSE:PM - Get Free Report) last posted its earnings results on Tuesday, July 22nd. The company reported $1.91 EPS for the quarter, topping the consensus estimate of $1.86 by $0.05. The firm had revenue of $10.14 billion during the quarter, compared to analysts' expectations of $10.33 billion. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. Philip Morris International's quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.59 EPS.  Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Research analysts anticipate that  Philip Morris International Inc. will post 7.14 earnings per share for the current year. </p><h2>Philip Morris International Increases Dividend</h2><p>The firm also recently announced a quarterly dividend, which will be paid on Monday, October 20th. Investors of record on Friday, October 3rd will be issued a dividend of $1.47 per share. The ex-dividend date is Friday, October 3rd. This is a positive change from Philip Morris International's previous quarterly dividend of $1.35. This represents a $5.88 dividend on an annualized basis and a yield of 3.8%. Philip Morris International's payout ratio is 111.79%. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>3 Stocks Lifting 2025 Guidance Despite Market Jitters</li></ul><p>Several brokerages recently issued reports on PM. KGI Securities began coverage on Philip Morris International in a research report on Monday, August 4th. They set an &#34;outperform&#34; rating for the company. JPMorgan Chase &amp; Co. lifted their price objective on Philip Morris International from $175.00 to $190.00 and gave the stock an &#34;overweight&#34; rating in a research report on Thursday, July 10th. Jefferies Financial Group began coverage on Philip Morris International in a research report on Wednesday, July 9th. They set a &#34;buy&#34; rating and a $220.00 price objective for the company. Needham &amp; Company LLC  restated a &#34;buy&#34; rating and set a $195.00 price objective on shares of Philip Morris International in a research report on Wednesday, July 23rd. Finally, Wall Street Zen cut shares of Philip Morris International from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research note on Saturday, August 9th. Eleven investment analysts have rated the stock with a Buy rating and one  has assigned  a Hold rating to the company. According to data from MarketBeat, the stock  has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $195.44.</p><p><b>View Our Latest Report on Philip Morris International</b></p><h2>Philip Morris International Company Profile</h2> (Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Philip Morris International</li><li>Why Are These Companies Considered Blue Chips?</li><li>EA’s $55 Billion Deal Spurs a Shake-Up in the Gaming Sector</li><li>What Are Earnings Reports?</li><li>These Are the 3 Hottest Sectors for Q3 Earnings Growth</li><li>3 Grocery Stocks That Can Help Take a Bite Out of Inflation </li><li>AMD Could Double From Here—Thanks to Its Blockbuster OpenAI Deal</li></ul><p><strong>Want to see what other hedge funds are holding PM?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Philip Morris International Inc. (NYSE:PM - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBN?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBN"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Philip Morris International Right Now?</h2><p>Before you consider Philip Morris International, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Philip Morris International wasn't on the list.</p><p>While Philip Morris International currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Hendley & Co. Inc. reduced its stake in Philip Morris International Inc. (NYSE:PM) by 32.7% in Q2, now holding 9,310 shares valued at $1.7 million. Other institutional investors, including Vanguard and Goldman Sachs, also adjusted their positions. PM shares opened at $154.53, with a market cap of $240.53 billion. The company reported Q2 earnings of $1.91 EPS, exceeding estimates, and announced a dividend increase to $1.47 per share, payable on October 20. Analysts have mixed ratings on PM, with price targets ranging from $175 to $220.</p>

Philip Morris International Inc. $PM Shares Sold by Hendley & Co. Inc.