Signature Wealth Management Partners LLC Sells 430 Shares of Philip Morris International Inc. $PM

Signature Wealth Management Partners LLC lowered its stake in shares of Philip Morris International Inc. (NYSE:PM) by 4.4% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,259 shares of the company’s stock after selling 430 shares during the quarter. Philip Morris International makes up approximately 1.0% of Signature Wealth Management Partners LLC’s portfolio, making the stock its 21st largest holding. Signature Wealth Management Partners LLC’s holdings in Philip Morris International were worth $1,686,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in PM. PFS Partners LLC boosted its holdings in Philip Morris International by 24.8% in the second quarter. PFS Partners LLC now owns 292 shares of the company’s stock valued at $53,000 after acquiring an additional 58 shares in the last quarter. Perigon Wealth Management LLC boosted its holdings in Philip Morris International by 0.4% in the first quarter. Perigon Wealth Management LLC now owns 14,087 shares of the company’s stock valued at $2,236,000 after acquiring an additional 60 shares in the last quarter. TBH Global Asset Management LLC boosted its holdings in Philip Morris International by 0.9% in the first quarter. TBH Global Asset Management LLC now owns 6,932 shares of the company’s stock valued at $1,100,000 after acquiring an additional 61 shares in the last quarter. Uncommon Cents Investing LLC boosted its holdings in Philip Morris International by 1.1% in the second quarter. Uncommon Cents Investing LLC now owns 5,666 shares of the company’s stock valued at $1,032,000 after acquiring an additional 61 shares in the last quarter. Finally, NFP Retirement Inc. boosted its holdings in Philip Morris International by 2.5% in the first quarter. NFP Retirement Inc. now owns 2,589 shares of the company’s stock valued at $411,000 after acquiring an additional 62 shares in the last quarter. Institutional investors own 78.63% of the company’s stock.

Wall Street Analyst Weigh In

PM has been the topic of several recent analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a report on Saturday, September 27th. UBS Group dropped their target price on shares of Philip Morris International from $177.00 to $166.00 and set a “neutral” rating on the stock in a report on Friday, September 5th. JPMorgan Chase & Co. boosted their target price on shares of Philip Morris International from $175.00 to $190.00 and gave the company an “overweight” rating in a report on Thursday, July 10th. Jefferies Financial Group assumed coverage on shares of Philip Morris International in a report on Wednesday, July 9th. They set a “buy” rating and a $220.00 target price on the stock. Finally, Needham & Company LLC restated a “buy” rating and set a $195.00 target price on shares of Philip Morris International in a report on Wednesday, July 23rd. Eleven analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $195.44.

Philip Morris International Trading Down 3.1%

Shares of PM stock opened at $153.09 on Friday. The company’s fifty day moving average price is $164.82 and its 200-day moving average price is $168.54. 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 12 month low of $116.12 and a 12 month high of $186.69.

Philip Morris International (NYSE:PM) last announced 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. The company had revenue of $10.14 billion for the quarter, compared to analysts’ expectations of $10.33 billion. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. Philip Morris International’s revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. On average, sell-side analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, October 20th. Investors of record on Friday, October 3rd will be paid a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Friday, October 3rd. This is a positive change from Philip Morris International’s previous quarterly dividend of $1.35. Philip Morris International’s dividend payout ratio (DPR) is presently 102.66%.

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.