Childress Capital Advisors LLC Acquires 912 Shares of Philip Morris International Inc. $PM

Childress Capital Advisors LLC increased its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 23.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 4,786 shares of the company’s stock after purchasing an additional 912 shares during the period. Childress Capital Advisors LLC’s holdings in Philip Morris International were worth $872,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of PM. Abound Wealth Management raised its position in Philip Morris International by 566.7% in the 2nd quarter. Abound Wealth Management now owns 160 shares of the company’s stock valued at $29,000 after buying an additional 136 shares during the last quarter. Kelly Lawrence W & Associates Inc. CA acquired a new stake in Philip Morris International in the 1st quarter valued at approximately $30,000. CBIZ Investment Advisory Services LLC raised its position in Philip Morris International by 405.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 202 shares of the company’s stock valued at $32,000 after buying an additional 162 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd acquired a new stake in Philip Morris International in the 1st quarter valued at approximately $34,000. Finally, Redmont Wealth Advisors LLC acquired a new stake in Philip Morris International in the 1st quarter valued at approximately $35,000. Institutional investors and hedge funds own 78.63% of the company’s stock.

Philip Morris International Trading Down 0.5%

PM stock opened at $162.16 on Wednesday. The firm has a market capitalization of $252.42 billion, a PE ratio of 30.83, a PEG ratio of 2.36 and a beta of 0.49. Philip Morris International Inc. has a 1-year low of $116.12 and a 1-year high of $186.69. The business’s 50 day simple moving average is $165.11 and its 200 day simple moving average is $168.58.

Philip Morris International (NYSE:PM) last posted its earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share 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 analyst estimates of $10.33 billion. During the same period in the previous year, the firm earned $1.59 EPS. The firm’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. As a group, sell-side analysts predict that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 20th. Shareholders of record on Friday, October 3rd will be issued a $1.47 dividend. 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%. This is a positive change from Philip Morris International’s previous quarterly dividend of $1.35. Philip Morris International’s payout ratio is currently 102.66%.

Analyst Ratings Changes

PM has been the topic of several recent analyst reports. Bank of America boosted their price target on Philip Morris International from $182.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, June 4th. Barclays lowered their price target on Philip Morris International from $225.00 to $220.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 30th. KGI Securities initiated coverage on Philip Morris International in a research report on Monday, August 4th. They set an “outperform” rating on the stock. Jefferies Financial Group initiated coverage on Philip Morris International in a research report on Wednesday, July 9th. They set a “buy” rating and a $220.00 price target on the stock. Finally, Wall Street Zen lowered Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Ten investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $195.44.

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.