Philip Morris International Inc. $PM Shares Acquired by Joel Isaacson & Co. LLC

Joel Isaacson & Co. LLC increased its stake in shares of Philip Morris International Inc. (NYSE:PM) by 33.0% during the second quarter, Holdings Channel.com reports. The institutional investor owned 9,245 shares of the company’s stock after buying an additional 2,292 shares during the quarter. Joel Isaacson & Co. LLC’s holdings in Philip Morris International were worth $1,684,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Abound Wealth Management lifted its holdings in shares of Philip Morris International by 566.7% during the second quarter. Abound Wealth Management now owns 160 shares of the company’s stock worth $29,000 after purchasing an additional 136 shares during the period. Kelly Lawrence W & Associates Inc. CA acquired a new stake in Philip Morris International during the 1st quarter worth about $30,000. CBIZ Investment Advisory Services LLC lifted its holdings in shares of Philip Morris International by 405.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 202 shares of the company’s stock valued at $32,000 after buying an additional 162 shares during the period. Clal Insurance Enterprises Holdings Ltd purchased a new stake in Philip Morris International in the 1st quarter worth approximately $34,000. Finally, Redmont Wealth Advisors LLC acquired a new stake in Philip Morris International during the first quarter valued at $35,000. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Trading Up 0.2%

Shares of PM opened at $153.52 on Tuesday. The company’s 50-day moving average price is $164.73 and its 200 day moving average price is $168.77. Philip Morris International Inc. has a 12-month low of $116.12 and a 12-month high of $186.69. The firm has a market cap of $238.97 billion, a P/E ratio of 29.19, a price-to-earnings-growth ratio of 2.22 and a beta of 0.46.

Philip Morris International (NYSE:PM) last released its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $10.33 billion. During the same period in the previous year, the firm earned $1.59 EPS. The business’s revenue was up 7.1% on a year-over-year basis. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Equities research analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 20th. Investors of record on Friday, October 3rd will be issued a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.8%. This is an increase from Philip Morris International’s previous quarterly dividend of $1.35. The ex-dividend date is Friday, October 3rd. Philip Morris International’s dividend payout ratio (DPR) is presently 111.79%.

Analyst Upgrades and Downgrades

PM has been the subject of a number of research analyst reports. UBS Group reduced their price objective on shares of Philip Morris International from $177.00 to $166.00 and set a “neutral” rating for the company in a research report on Friday, September 5th. Wall Street Zen cut Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Jefferies Financial Group started coverage on Philip Morris International in a research note on Wednesday, July 9th. They issued a “buy” rating and a $220.00 target price for the company. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a report on Saturday, September 27th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Philip Morris International from $175.00 to $190.00 and gave the stock an “overweight” rating in a research report on Thursday, July 10th. Eleven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $195.44.

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.