Woodward Diversified Capital LLC Has $1.33 Million Stock Position in Philip Morris International Inc. $PM

Woodward Diversified Capital LLC grew its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 47.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 7,294 shares of the company’s stock after acquiring an additional 2,355 shares during the period. Woodward Diversified Capital LLC’s holdings in Philip Morris International were worth $1,328,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of PM. Abound Wealth Management lifted its stake in shares of Philip Morris International by 566.7% in the second quarter. Abound Wealth Management now owns 160 shares of the company’s stock worth $29,000 after acquiring an additional 136 shares during the period. Kelly Lawrence W & Associates Inc. CA bought a new position in Philip Morris International during the 1st quarter worth approximately $30,000. CBIZ Investment Advisory Services LLC lifted its position 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 worth $32,000 after purchasing an additional 162 shares during the period. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of Philip Morris International in the 1st quarter worth approximately $34,000. Finally, Redmont Wealth Advisors LLC bought a new stake in shares of Philip Morris International in the 1st quarter valued at $35,000. Institutional investors own 78.63% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on PM shares. JPMorgan Chase & Co. lifted their target price on shares of Philip Morris International from $175.00 to $190.00 and gave the stock an “overweight” rating in a research note on Thursday, July 10th. UBS Group lowered their price objective on 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. Needham & Company LLC restated a “buy” rating and set a $195.00 target price on shares of Philip Morris International in a research report on Wednesday, July 23rd. Wall Street Zen downgraded Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Finally, Citigroup reissued a “buy” rating on shares of Philip Morris International in a research note on Thursday, September 4th. Ten equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $195.44.

Philip Morris International Stock Down 0.8%

Shares of NYSE:PM opened at $160.87 on Thursday. Philip Morris International Inc. has a twelve month low of $116.12 and a twelve month high of $186.69. The stock’s 50 day moving average is $165.04 and its 200-day moving average is $168.53. The firm has a market capitalization of $250.41 billion, a price-to-earnings ratio of 30.58, a PEG ratio of 2.35 and a beta of 0.46.

Philip Morris International (NYSE:PM) last announced its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 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 during the quarter, compared to analyst estimates of $10.33 billion. During the same quarter in the previous year, the business posted $1.59 EPS. Philip Morris International’s quarterly 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 anticipate that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, October 20th. Shareholders of record on Friday, October 3rd will be paid a dividend of $1.47 per share. This is an increase from Philip Morris International’s previous quarterly dividend of $1.35. The ex-dividend date is Friday, October 3rd. This represents a $5.88 dividend on an annualized basis and a yield of 3.7%. Philip Morris International’s dividend payout ratio (DPR) is presently 102.66%.

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.