Orion Capital Management LLC Makes New $414,000 Investment in Philip Morris International Inc. $PM

Key Points

• Orion Capital Management LLC has acquired 2,610 shares of Philip Morris International Inc., valued at approximately $414,000, as part of its recent investment strategy.
• The company reported a positive earnings per share (EPS) of $1.91 for the last quarter, exceeding analysts' expectations of $1.86.
• Philip Morris International has declared a quarterly dividend of $1.35 per share, with an annualized dividend yield of 3.1%, although its payout ratio is currently at 102.66%.

Orion Capital Management LLC bought a new position in Philip Morris International Inc. (NYSE:PM - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 2,610 shares of the company's stock, valued at approximately $414,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in PM. Brighton Jones LLC raised its holdings in shares of Philip Morris International by 31.1% in 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 boosted its stake in Philip Morris International by 4.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company's stock worth $252,000 after purchasing an additional 91 shares during the period. Capital Analysts LLC boosted its stake in Philip Morris International by 28.8% in the 4th quarter. Capital Analysts LLC now owns 10,732 shares of the company's stock worth $1,292,000 after purchasing an additional 2,400 shares during the period. Coldstream Capital Management Inc. boosted its stake in Philip Morris International by 3.9% in the 4th quarter. Coldstream Capital Management Inc. now owns 35,356 shares of the company's stock worth $4,255,000 after purchasing an additional 1,326 shares during the period. Finally, Boothbay Fund Management LLC boosted its stake in Philip Morris International by 608.9% in the 4th quarter. Boothbay Fund Management LLC now owns 32,888 shares of the company's stock worth $3,958,000 after purchasing an additional 28,249 shares during the period. 78.63% of the stock is currently owned by institutional investors.

Philip Morris International Stock Down 1.5%

PM stock traded down $2.53 during trading hours on Wednesday, hitting $164.15. The company's stock had a trading volume of 5,162,677 shares, compared to its average volume of 5,246,760. The company has a market capitalization of $255.51 billion, a PE ratio of 31.21, a price-to-earnings-growth ratio of 2.42 and a beta of 0.48. Philip Morris International Inc. has a 12 month low of $116.12 and a 12 month high of $186.69. The stock has a 50 day moving average price of $172.68 and a two-hundred day moving average price of $166.49.

Philip Morris International (NYSE:PM - Get Free Report) last posted its earnings results on Tuesday, July 22nd. The company reported $1.91 EPS for the quarter, topping the consensus estimate of $1.86 by $0.05. The company had revenue of $10.14 billion during the quarter, compared to the consensus estimate of $10.33 billion. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The company's revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.59 earnings per share. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Sell-side analysts expect that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Friday, June 27th were given a $1.35 dividend. This represents a $5.40 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Friday, June 27th. Philip Morris International's payout ratio is currently 102.66%.

Analyst Ratings Changes

A number of research firms recently commented on PM. UBS Group raised their price objective on shares of Philip Morris International from $170.00 to $181.00 and gave the stock a "neutral" rating in a research note on Monday, July 14th. Needham & Company LLC reaffirmed a "buy" rating and issued a $195.00 price objective on shares of Philip Morris International in a research note on Wednesday, July 23rd. KGI Securities started coverage on shares of Philip Morris International in a research note on Monday, August 4th. They issued an "outperform" rating on the stock. Wall Street Zen lowered shares of Philip Morris International from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. Finally, Bank of America upped their price objective on shares of Philip Morris International from $182.00 to $200.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. Twelve analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $186.27.

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.