Philip Morris International Inc. $PM Position Raised by Triad Wealth Partners LLC

Triad Wealth Partners LLC raised its position in shares of Philip Morris International Inc. (NYSE:PMFree Report) by 24.6% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,735 shares of the company’s stock after purchasing an additional 540 shares during the quarter. Triad Wealth Partners LLC’s holdings in Philip Morris International were worth $498,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC grew its holdings in Philip Morris International by 31.1% during the fourth quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after acquiring an additional 2,023 shares during the period. Revolve Wealth Partners LLC grew its stake in shares of Philip Morris International by 4.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock worth $252,000 after purchasing an additional 91 shares during the last quarter. Fermata Advisors LLC bought a new stake in shares of Philip Morris International in the 1st quarter worth approximately $408,000. Chesley Taft & Associates LLC grew its position in Philip Morris International by 1.1% in the first quarter. Chesley Taft & Associates LLC now owns 6,502 shares of the company’s stock worth $1,032,000 after buying an additional 72 shares during the last quarter. Finally, Retirement Planning Group LLC bought a new position in shares of Philip Morris International in the first quarter valued at $269,000. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Price Performance

NYSE:PM opened at $153.09 on Friday. The stock has a market cap of $238.30 billion, a PE ratio of 29.10, a price-to-earnings-growth ratio of 2.28 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 stock’s 50-day moving average is $164.82 and its two-hundred day moving average is $168.54.

Philip Morris International (NYSE:PMGet Free Report) last posted its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share (EPS) 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 business had revenue of $10.14 billion during 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 firm’s 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. On average, equities research analysts anticipate that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, October 20th. Stockholders 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 represents a $5.88 annualized dividend and a dividend yield of 3.8%. This is an increase from Philip Morris International’s previous quarterly dividend of $1.35. Philip Morris International’s dividend payout ratio is presently 102.66%.

Analyst Upgrades and Downgrades

PM has been the subject of several research reports. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research note on Saturday, September 27th. Needham & Company LLC reissued a “buy” rating and issued a $195.00 price target on shares of Philip Morris International in a research note on Wednesday, July 23rd. Citigroup reaffirmed a “buy” rating on shares of Philip Morris International in a research note on Thursday, September 4th. JPMorgan Chase & Co. raised their target price on shares of Philip Morris International from $175.00 to $190.00 and gave the stock an “overweight” rating in a report on Thursday, July 10th. Finally, Wall Street Zen lowered shares of Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Eleven analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $195.44.

Check Out Our Latest Report on Philip Morris International

About Philip Morris International

(Free Report)

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.

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

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