Philip Morris International Inc. $PM is Orca Wealth Management LLC’s 5th Largest Position

Orca Wealth Management LLC lifted its position in shares of Philip Morris International Inc. (NYSE:PM) by 0.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,548 shares of the company’s stock after buying an additional 145 shares during the quarter. Philip Morris International makes up 4.2% of Orca Wealth Management LLC’s investment portfolio, making the stock its 5th largest position. Orca Wealth Management LLC’s holdings in Philip Morris International were worth $5,017,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Abound Wealth Management grew 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 stake in Philip Morris International in the first quarter valued at approximately $30,000. CBIZ Investment Advisory Services LLC grew 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 stake in Philip Morris International in the first quarter valued at approximately $34,000. Finally, Redmont Wealth Advisors LLC purchased a new stake in Philip Morris International in the first quarter valued at approximately $35,000. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Philip Morris International Stock Down 3.1%

PM opened at $153.09 on Friday. Philip Morris International Inc. has a 52-week low of $116.12 and a 52-week high of $186.69. The company has a 50 day moving average of $164.82 and a two-hundred day moving average of $168.64. The company has a market cap of $238.30 billion, a P/E ratio of 29.10, a P/E/G ratio of 2.22 and a beta of 0.46.

Philip Morris International (NYSE:PM) last released its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.05. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The company had revenue of $10.14 billion during the quarter, compared to the consensus estimate of $10.33 billion. During the same period in the previous year, the firm earned $1.59 earnings per share. Philip Morris International’s revenue for the quarter was up 7.1% on a year-over-year basis. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Research analysts anticipate that Philip Morris International Inc. will post 7.14 earnings per share for the current 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. The ex-dividend date of this dividend is Friday, October 3rd. This is an increase from Philip Morris International’s previous quarterly dividend of $1.35. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.8%. Philip Morris International’s dividend payout ratio is presently 102.66%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on PM shares. Wall Street Zen downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. KGI Securities started coverage on shares of Philip Morris International in a report on Monday, August 4th. They issued an “outperform” rating for the company. Citigroup restated a “buy” rating on shares of Philip Morris International in a report on Thursday, September 4th. 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. Finally, UBS Group decreased their price objective on shares of Philip Morris International from $177.00 to $166.00 and set a “neutral” rating for the company in a research note on Friday, September 5th. Eleven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus 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.