Janney Capital Management LLC Has $14.26 Million Stock Holdings in Philip Morris International Inc. $PM

Janney Capital Management LLC lessened its holdings in Philip Morris International Inc. (NYSE:PM) by 1.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 78,269 shares of the company’s stock after selling 1,455 shares during the period. Janney Capital Management LLC’s holdings in Philip Morris International were worth $14,255,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of PM. Brighton Jones LLC boosted its position in shares of Philip Morris International by 31.1% in the fourth quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after buying an additional 2,023 shares during the period. Revolve Wealth Partners LLC raised its holdings in shares of Philip Morris International by 4.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock worth $252,000 after acquiring an additional 91 shares in the last quarter. Mirador Capital Partners LP purchased a new stake in shares of Philip Morris International during the first quarter worth $222,000. 180 Wealth Advisors LLC purchased a new stake in shares of Philip Morris International during the first quarter worth $643,000. Finally, Baker Tilly Wealth Management LLC raised its holdings in shares of Philip Morris International by 5.9% during the first quarter. Baker Tilly Wealth Management LLC now owns 4,055 shares of the company’s stock worth $644,000 after acquiring an additional 225 shares in the last quarter. Institutional investors and hedge funds own 78.63% of the company’s stock.

Philip Morris International Price Performance

NYSE PM opened at $162.84 on Tuesday. 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 $165.19 and its two-hundred day moving average is $168.63. The firm has a market cap of $253.48 billion, a P/E ratio of 30.96, a price-to-earnings-growth ratio of 2.38 and a beta of 0.49.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.05. The business had revenue of $10.14 billion for the quarter, compared to analyst estimates of $10.33 billion. Philip Morris International had a negative return on equity of 120.86% and a net margin of 9.03%.The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.59 earnings per share. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. On average, equities analysts expect that Philip Morris International Inc. will post 7.14 EPS 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. Stockholders of record on Friday, October 3rd will be paid a $1.47 dividend. The ex-dividend date is Friday, October 3rd. This is a boost 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 dividend payout ratio is presently 102.66%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on PM. Wall Street Zen lowered Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Jefferies Financial Group began coverage on Philip Morris International in a report on Wednesday, July 9th. They set a “buy” rating and a $220.00 price objective for the company. Citigroup reiterated a “buy” rating on shares of Philip Morris International in a report on Thursday, September 4th. JPMorgan Chase & Co. increased their price objective on Philip Morris International from $175.00 to $190.00 and gave the stock an “overweight” rating in a report on Thursday, July 10th. Finally, KGI Securities began coverage on Philip Morris International in a report on Monday, August 4th. They set an “outperform” rating for the company. Eleven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Philip Morris International has a consensus rating of “Moderate Buy” and an average target price of $189.40.

Philip Morris International 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.