Philip Morris International Inc. $PM Shares Bought by Wolff Wiese Magana LLC

Wolff Wiese Magana LLC raised its stake in Philip Morris International Inc. (NYSE:PM) by 17.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,033 shares of the company’s stock after buying an additional 155 shares during the quarter. Wolff Wiese Magana LLC’s holdings in Philip Morris International were worth $188,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Archford Capital Strategies LLC lifted its position in Philip Morris International by 45.9% in the second quarter. Archford Capital Strategies LLC now owns 3,301 shares of the company’s stock valued at $601,000 after buying an additional 1,038 shares during the last quarter. Kelly Financial Services LLC lifted its position in Philip Morris International by 10.1% in the second quarter. Kelly Financial Services LLC now owns 2,269 shares of the company’s stock valued at $413,000 after buying an additional 208 shares during the last quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH increased its stake in Philip Morris International by 5.9% during the second quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 9,038 shares of the company’s stock worth $1,646,000 after purchasing an additional 504 shares during the period. Moss Adams Wealth Advisors LLC increased its stake in Philip Morris International by 16.5% during the second quarter. Moss Adams Wealth Advisors LLC now owns 5,050 shares of the company’s stock worth $927,000 after purchasing an additional 715 shares during the period. Finally, GC Wealth Management RIA LLC purchased a new stake in Philip Morris International during the second quarter worth about $1,821,000. Institutional investors and hedge funds own 78.63% of the company’s stock.

Philip Morris International Stock Performance

PM stock opened at $164.70 on Monday. The company’s 50 day moving average price is $165.55 and its 200 day moving average price is $168.55. Philip Morris International Inc. has a fifty-two week low of $116.12 and a fifty-two week high of $186.69. The firm has a market capitalization of $256.37 billion, a price-to-earnings ratio of 31.31, a PEG ratio of 2.38 and a beta of 0.49.

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

Philip Morris International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, October 20th. Investors of record on Friday, October 3rd will be paid 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 dividend yield of 3.6%. Philip Morris International’s payout ratio is currently 102.66%.

Analyst Ratings Changes

PM has been the topic of a number of recent research reports. KGI Securities initiated coverage on shares of Philip Morris International in a research note on Monday, August 4th. They set an “outperform” rating on the stock. Needham & Company LLC reiterated a “buy” rating and set a $195.00 price target on shares of Philip Morris International in a research note on Wednesday, July 23rd. UBS Group cut their price target on shares of Philip Morris International from $177.00 to $166.00 and set a “neutral” rating on the stock in a research note on Friday, September 5th. Jefferies Financial Group initiated coverage on shares of Philip Morris International in a research note on Wednesday, July 9th. They set a “buy” rating and a $220.00 price target on the stock. Finally, Citigroup reiterated a “buy” rating on shares of Philip Morris International in a research note on Thursday, September 4th. Eleven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Philip Morris International currently has a consensus rating of “Moderate Buy” and an average price target of $189.40.

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.