Realta Investment Advisors Lowers Stock Holdings in Philip Morris International Inc. $PM

Realta Investment Advisors reduced its position in shares of Philip Morris International Inc. (NYSE:PM) by 9.6% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 2,501 shares of the company’s stock after selling 265 shares during the period. Realta Investment Advisors’ holdings in Philip Morris International were worth $456,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Abound Wealth Management boosted its holdings in Philip Morris International by 566.7% in the second quarter. Abound Wealth Management now owns 160 shares of the company’s stock valued at $29,000 after purchasing an additional 136 shares during the period. Kelly Lawrence W & Associates Inc. CA purchased a new position in Philip Morris International in the first quarter valued at $30,000. CBIZ Investment Advisory Services LLC boosted its holdings in Philip Morris International by 405.0% in the first quarter. CBIZ Investment Advisory Services LLC now owns 202 shares of the company’s stock valued at $32,000 after purchasing an additional 162 shares during the period. Clal Insurance Enterprises Holdings Ltd purchased a new position in Philip Morris International in the first quarter valued at $34,000. Finally, Redmont Wealth Advisors LLC purchased a new position in Philip Morris International in the first quarter valued at $35,000. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

PM has been the subject of a number of recent research reports. UBS Group decreased their target price on Philip Morris International from $177.00 to $166.00 and set a “neutral” rating for the company in a report on Friday, September 5th. JPMorgan Chase & Co. raised their price target on Philip Morris International from $175.00 to $190.00 and gave the company an “overweight” rating in a research note on Thursday, July 10th. Barclays cut their price target on Philip Morris International from $225.00 to $220.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 30th. Needham & Company LLC restated a “buy” rating and issued a $195.00 price target on shares of Philip Morris International in a research note on Wednesday, July 23rd. Finally, Citigroup restated a “buy” rating on shares of Philip Morris International in a research note on Thursday, September 4th. Eleven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $195.44.

Philip Morris International Stock Performance

PM opened at $153.09 on Friday. The business’s 50-day simple moving average is $164.82 and its 200-day simple moving average is $168.64. Philip Morris International Inc. has a one year low of $116.12 and a one year high of $186.69. The stock has a market capitalization of $238.30 billion, a P/E ratio of 29.10, a price-to-earnings-growth ratio of 2.22 and a beta of 0.46.

Philip Morris International (NYSE:PM) last posted its earnings results on Tuesday, July 22nd. The company reported $1.91 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.05. Philip Morris International had a negative return on equity of 120.86% and a net margin of 9.03%.The business had revenue of $10.14 billion for the quarter, compared to analysts’ expectations of $10.33 billion. During the same quarter in the previous year, the firm earned $1.59 earnings per share. The business’s revenue was up 7.1% compared to the same quarter last year. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. On average, equities research analysts forecast that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, October 20th. Stockholders of record on Friday, October 3rd will be given a dividend of $1.47 per share. 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 payout ratio 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.