Advisory Alpha LLC Acquires 1,691 Shares of Philip Morris International Inc. $PM

Key Points

• Advisory Alpha LLC has increased its holdings in Philip Morris International by 36.3%, owning a total of 6,349 shares worth approximately $1,008,000 after acquiring 1,691 additional shares in the first quarter.
• Philip Morris International reported earnings of $1.91 per share, exceeding expectations, with revenue of $10.14 billion, although below estimates of $10.33 billion, marking a 7.1% revenue increase over the same quarter last year.
• The company recently declared a quarterly dividend of $1.35, representing a 3.3% yield, despite a high dividend payout ratio of 102.66%.

Advisory Alpha LLC increased its holdings in shares of Philip Morris International Inc. (NYSE:PM - Free Report) by 36.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,349 shares of the company's stock after acquiring an additional 1,691 shares during the period. Advisory Alpha LLC's holdings in Philip Morris International were worth $1,008,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Linscomb Wealth Inc. raised its holdings in shares of Philip Morris International by 3.3% in the 1st quarter. Linscomb Wealth Inc. now owns 83,205 shares of the company's stock worth $13,207,000 after buying an additional 2,669 shares in the last quarter. Mackenzie Financial Corp raised its stake in Philip Morris International by 7.3% during the first quarter. Mackenzie Financial Corp now owns 3,583,903 shares of the company's stock worth $568,873,000 after acquiring an additional 242,799 shares in the last quarter. 49 Wealth Management LLC boosted its stake in shares of Philip Morris International by 79.0% in the 1st quarter. 49 Wealth Management LLC now owns 5,334 shares of the company's stock valued at $847,000 after purchasing an additional 2,354 shares in the last quarter. Cortland Associates Inc. MO grew its holdings in shares of Philip Morris International by 704.0% in the 1st quarter. Cortland Associates Inc. MO now owns 142,950 shares of the company's stock worth $22,690,000 after purchasing an additional 125,171 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of Philip Morris International by 24.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 439,082 shares of the company's stock worth $69,695,000 after purchasing an additional 87,631 shares in the last quarter. Institutional investors and hedge funds own 78.63% of the company's stock.

Philip Morris International Stock Up 1.3%

PM stock opened at $164.84 on Wednesday. The company has a market cap of $256.59 billion, a P/E ratio of 31.34, a PEG ratio of 2.36 and a beta of 0.49. Philip Morris International Inc. has a twelve month low of $116.12 and a twelve month high of $186.69. The business has a fifty day moving average of $169.57 and a 200-day moving average of $167.51.

Philip Morris International (NYSE:PM - Get Free Report) last posted its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.05. The business had revenue of $10.14 billion for 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 quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.59 earnings per share. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. As a group, equities research analysts anticipate that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

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

Wall Street Analysts Forecast Growth

PM has been the topic of a number of recent analyst reports. UBS Group reduced their price target on shares of Philip Morris International from $177.00 to $166.00 and set a "neutral" rating on the stock in a research report on Friday, September 5th. Barclays reduced their target price on Philip Morris International from $225.00 to $220.00 and set an "overweight" rating on the stock in a report on Wednesday, July 30th. Bank of America increased 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. JPMorgan Chase & Co. lifted their price objective on Philip Morris International from $175.00 to $190.00 and gave the company an "overweight" rating in a research report on Thursday, July 10th. Finally, Jefferies Financial Group started coverage on Philip Morris International in a report on Wednesday, July 9th. They set a "buy" rating and a $220.00 target price on the stock. Twelve research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $184.91.

Philip Morris International Profile

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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