Philip Morris International Inc. $PM Shares Sold by Gutierrez Wealth Advisory LLC

Gutierrez Wealth Advisory LLC trimmed its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 26.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,657 shares of the company’s stock after selling 609 shares during the period. Gutierrez Wealth Advisory LLC’s holdings in Philip Morris International were worth $302,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Donor Advised Charitable Giving Inc. acquired a new position in Philip Morris International during the second quarter valued at approximately $1,548,000. Elevate Capital Advisors LLC lifted its position in Philip Morris International by 8.4% during the second quarter. Elevate Capital Advisors LLC now owns 11,897 shares of the company’s stock valued at $2,167,000 after buying an additional 920 shares in the last quarter. LGT Fund Management Co Ltd. lifted its position in Philip Morris International by 31.6% during the second quarter. LGT Fund Management Co Ltd. now owns 30,353 shares of the company’s stock valued at $5,528,000 after buying an additional 7,288 shares in the last quarter. Quent Capital LLC lifted its position in Philip Morris International by 21.2% during the second quarter. Quent Capital LLC now owns 3,623 shares of the company’s stock valued at $660,000 after buying an additional 633 shares in the last quarter. Finally, QRG Capital Management Inc. lifted its position in Philip Morris International by 4.6% during the second quarter. QRG Capital Management Inc. now owns 245,596 shares of the company’s stock valued at $44,730,000 after buying an additional 10,716 shares in the last quarter. 78.63% of the stock is owned by institutional investors and hedge funds.

Philip Morris International Price Performance

PM opened at $153.09 on Friday. The stock has a market capitalization of $238.30 billion, a PE ratio of 29.10, a P/E/G ratio of 2.22 and a beta of 0.46. The firm’s fifty day moving average price is $164.82 and its 200 day moving average price is $168.64. 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 posted its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.05. The firm 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%. The firm’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the prior 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 research 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 firm also recently announced 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. The ex-dividend date is Friday, October 3rd. This is a positive change from Philip Morris International’s previous quarterly dividend of $1.35. This represents a $5.88 annualized dividend and a yield of 3.8%. Philip Morris International’s payout ratio is presently 102.66%.

Analyst Upgrades and Downgrades

PM has been the topic of a number of recent research reports. Citigroup reaffirmed a “buy” rating on shares of Philip Morris International in a research report on Thursday, September 4th. UBS Group dropped their price objective on shares of Philip Morris International from $177.00 to $166.00 and set a “neutral” rating on the stock in a research note on Friday, September 5th. Needham & Company LLC reiterated a “buy” rating and set a $195.00 price objective on shares of Philip Morris International in a research note on Wednesday, July 23rd. Barclays dropped their price objective on shares of 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. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research note on Saturday, September 27th. Eleven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $195.44.

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.