Waverly Advisors LLC Has $18.32 Million Stock Position in Philip Morris International Inc. $PM

Posted by Stanley Muller on Sep 9th, 2026

Waverly Advisors LLC increased its holdings in shares of Philip Morris International Inc. (NYSE:PM – Free Report) by 10.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 101,276 shares of the company’s stock after buying an additional 9,587 shares during the quarter. Waverly Advisors LLC’s holdings in Philip Morris International were worth $18,322,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PM. AG Campbell Advisory LLC acquired a new stake in shares of Philip Morris International during the fourth quarter worth about $25,000. Portfolio Resources Advisor Group Inc. acquired a new position in shares of Philip Morris International in the 4th quarter valued at approximately $26,000. Vermillion Wealth Management Inc. increased its stake in Philip Morris International by 146.5% during the 1st quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock worth $29,000 after purchasing an additional 104 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Philip Morris International during the 2nd quarter worth approximately $29,000. Finally, Safe Harbor Fiduciary LLC acquired a new stake in Philip Morris International during the 4th quarter worth approximately $29,000. 78.63% of the stock is currently owned by institutional investors.

Philip Morris International Trading Up 1.3%

NYSE PM opened at $184.94 on Wednesday. The firm has a market capitalization of $288.25 billion, a P/E ratio of 26.57, a price-to-earnings-growth ratio of 2.36 and a beta of 0.37. The firm’s fifty day moving average price is $188.09 and its two-hundred day moving average price is $178.76. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $207.76.

Philip Morris International (NYSE:PM – Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The company reported $2.20 EPS for the quarter, beating analysts’ consensus estimates of $2.05 by $0.15. The company had revenue of $11.19 billion during the quarter, compared to the consensus estimate of $10.60 billion. Philip Morris International had a net margin of 11.06% and a negative return on equity of 163.41%. The company’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.89 EPS. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. On average, research analysts anticipate that Philip Morris International Inc. will post 8.33 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, July 20th. Investors of record on Thursday, June 25th were issued a dividend of $1.47 per share. The ex-dividend date was Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a yield of 3.2%. Philip Morris International’s dividend payout ratio (DPR) is presently 84.48%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on PM shares. UBS Group boosted their price objective on shares of Philip Morris International from $168.00 to $182.00 and gave the company a “neutral” rating in a research report on Thursday, July 2nd. Bank of America reissued a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Citigroup upped their price objective on Philip Morris International from $210.00 to $225.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. BTIG Research set a $221.00 price objective on Philip Morris International and gave the stock a “buy” rating in a report on Friday, July 24th. Finally, Morgan Stanley lifted their target price on Philip Morris International from $200.00 to $215.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $205.89.

Read Our Latest Report on Philip Morris International

About Philip Morris International

(Free Report)

Philip Morris International Inc is a global tobacco and nicotine company headquartered in Stamford, Connecticut. The company develops, manufactures and markets cigarettes, smoke-free products, nicotine products and related consumer offerings in markets around the world.

Its portfolio includes internationally recognized cigarette brands such as Marlboro, Parliament, L&M and Chesterfield. PMI is also expanding beyond traditional cigarettes through heated-tobacco products, including IQOS, e-vapor products such as VEEV, and oral nicotine products including ZYN, which became part of the company’s portfolio following its acquisition of Swedish Match.

Philip Morris International was established as an independent company in 2008 after being separated from Altria Group, whose U.S.