LVW Advisors LLC Raises Stake in Philip Morris International Inc. $PM

LVW Advisors LLC boosted its holdings in Philip Morris International Inc. (NYSE:PM) by 81.4% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,060 shares of the company’s stock after acquiring an additional 8,102 shares during the quarter. LVW Advisors LLC’s holdings in Philip Morris International were worth $3,289,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Abound Wealth Management increased its position in shares of Philip Morris International by 566.7% during the 2nd 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 last quarter. Kelly Lawrence W & Associates Inc. CA bought a new position in shares of Philip Morris International during the 1st quarter valued at about $30,000. CBIZ Investment Advisory Services LLC boosted its holdings in Philip Morris International by 405.0% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 202 shares of the company’s stock valued at $32,000 after acquiring an additional 162 shares during the period. Clal Insurance Enterprises Holdings Ltd purchased a new stake in Philip Morris International during the 1st quarter valued at about $34,000. Finally, Pacifica Partners Inc. boosted its holdings in Philip Morris International by 115.0% during the 1st quarter. Pacifica Partners Inc. now owns 215 shares of the company’s stock valued at $35,000 after acquiring an additional 115 shares during the period. 78.63% of the stock is currently owned by institutional investors.

Philip Morris International Stock Up 0.4%

PM opened at $164.70 on Friday. The stock has a market cap of $256.37 billion, a PE ratio of 31.31, a PEG ratio of 2.37 and a beta of 0.49. The business has a 50 day moving average of $165.55 and a 200-day moving average of $168.31. Philip Morris International Inc. has a 52 week low of $116.12 and a 52 week high of $186.69.

Philip Morris International (NYSE:PM) last released its 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. The company had revenue of $10.14 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter last year, the business posted $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Equities analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 20th. Investors of record on Friday, October 3rd will be given a dividend of $1.47 per share. This is a boost from Philip Morris International’s previous quarterly dividend of $1.35. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $5.88 dividend on an annualized basis and a yield of 3.6%. Philip Morris International’s dividend payout ratio is 102.66%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. KGI Securities started coverage on Philip Morris International in a report on Monday, August 4th. They set an “outperform” rating on the stock. Citigroup reiterated a “buy” rating on shares of Philip Morris International in a report on Thursday, September 4th. Bank of America increased their price objective on Philip Morris International from $182.00 to $200.00 and gave the stock a “buy” rating in a report on Wednesday, June 4th. Wall Street Zen cut Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Finally, Jefferies Financial Group started coverage on Philip Morris International in a report on Wednesday, July 9th. They issued a “buy” rating and a $220.00 price objective for the company. Eleven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Philip Morris International currently has an average rating of “Moderate Buy” and an average target price of $189.40.

About Philip Morris International

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.