SGL Investment Advisors Inc. Acquires 470 Shares of Philip Morris International Inc. $PM

SGL Investment Advisors Inc. boosted its stake in shares of Philip Morris International Inc. (NYSE:PMFree Report) by 24.3% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,407 shares of the company’s stock after buying an additional 470 shares during the period. SGL Investment Advisors Inc.’s holdings in Philip Morris International were worth $428,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC increased its holdings in Philip Morris International by 31.1% during the 4th quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after purchasing an additional 2,023 shares in the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of Philip Morris International by 4.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock worth $252,000 after buying an additional 91 shares in the last quarter. Charter Oak Capital Management LLC acquired a new stake in Philip Morris International in the 1st quarter valued at approximately $206,000. RDA Financial Network bought a new stake in Philip Morris International in the 1st quarter valued at approximately $218,000. Finally, Miracle Mile Advisors LLC boosted its position in Philip Morris International by 2.2% during the 1st quarter. Miracle Mile Advisors LLC now owns 4,233 shares of the company’s stock worth $672,000 after acquiring an additional 93 shares during the last quarter. Institutional investors and hedge funds own 78.63% of the company’s stock.

Philip Morris International Price Performance

Shares of Philip Morris International stock opened at $153.52 on Tuesday. The business has a fifty day simple moving average of $164.73 and a two-hundred day simple moving average of $168.77. Philip Morris International Inc. has a 1 year low of $116.12 and a 1 year high of $186.69. The company has a market capitalization of $238.97 billion, a price-to-earnings ratio of 29.19, a P/E/G ratio of 2.22 and a beta of 0.46.

Philip Morris International (NYSE:PMGet Free Report) last posted its earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share (EPS) for the quarter, topping 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 net margin of 9.03% and a negative return on equity of 120.86%. Philip Morris International’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the company posted $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. As a group, equities analysts anticipate 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 declared a quarterly dividend, which will be paid on Monday, October 20th. Investors of record on Friday, October 3rd will be paid a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 3.8%. This is a boost from Philip Morris International’s previous quarterly dividend of $1.35. The ex-dividend date is Friday, October 3rd. Philip Morris International’s dividend payout ratio is currently 111.79%.

Analysts Set New Price Targets

PM has been the topic of a number of recent research reports. UBS Group lowered 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 report on Friday, September 5th. Needham & Company LLC restated a “buy” rating and set a $195.00 price objective on shares of Philip Morris International in a research note on Wednesday, July 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a report on Saturday, September 27th. Jefferies Financial Group began coverage on Philip Morris International in a research report on Wednesday, July 9th. They set a “buy” rating and a $220.00 price target for the company. Finally, KGI Securities began coverage on shares of Philip Morris International in a report on Monday, August 4th. They set an “outperform” rating on the stock. Eleven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $195.44.

View Our Latest Stock Analysis on Philip Morris International

Philip Morris International Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Philip Morris International (NYSE:PM)

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