CW Advisors LLC Acquires 45,808 Shares of Philip Morris International Inc. $PM

Key Points

• CW Advisors LLC increased its stake in Philip Morris International Inc. by 385.8% during the 1st quarter, acquiring an additional 45,808 shares and bringing its total holdings to 57,683 shares worth approximately $9.12 million.
• Philip Morris reported a Q2 EPS of $1.91, exceeding analysts' expectations, while its revenue for the quarter was $10.14 billion, slightly below projections.
• The company recently declared a quarterly dividend of $1.35 per share, representing an annualized yield of 3.1%, although its dividend payout ratio is currently over 102%.

CW Advisors LLC boosted its holdings in Philip Morris International Inc. (NYSE:PM - Free Report) by 385.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,683 shares of the company's stock after acquiring an additional 45,808 shares during the quarter. CW Advisors LLC's holdings in Philip Morris International were worth $9,123,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Perigon Wealth Management LLC lifted its holdings in shares of Philip Morris International by 0.4% during the 1st quarter. Perigon Wealth Management LLC now owns 14,087 shares of the company's stock valued at $2,236,000 after buying an additional 60 shares during the period. TBH Global Asset Management LLC lifted its holdings in shares of Philip Morris International by 0.9% during the 1st quarter. TBH Global Asset Management LLC now owns 6,932 shares of the company's stock valued at $1,100,000 after buying an additional 61 shares during the period. NFP Retirement Inc. lifted its holdings in shares of Philip Morris International by 2.5% during the 1st quarter. NFP Retirement Inc. now owns 2,589 shares of the company's stock valued at $411,000 after buying an additional 62 shares during the period. Capital Advisors Wealth Management LLC lifted its holdings in shares of Philip Morris International by 2.1% during the 1st quarter. Capital Advisors Wealth Management LLC now owns 3,005 shares of the company's stock valued at $477,000 after buying an additional 63 shares during the period. Finally, Renasant Bank lifted its holdings in shares of Philip Morris International by 3.3% during the 1st quarter. Renasant Bank now owns 1,994 shares of the company's stock valued at $317,000 after buying an additional 63 shares during the period. 78.63% of the stock is owned by institutional investors.

Philip Morris International Stock Performance

Shares of Philip Morris International stock opened at $171.67 on Friday. Philip Morris International Inc. has a one year low of $116.12 and a one year high of $186.69. The stock's fifty day moving average is $173.69 and its 200 day moving average is $165.95. The stock has a market cap of $267.22 billion, a P/E ratio of 32.64, a P/E/G ratio of 2.54 and a beta of 0.48.

Philip Morris International (NYSE:PM - Get Free Report) last announced its earnings results on Tuesday, July 22nd. The company reported $1.91 EPS 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 company had revenue of $10.14 billion for the quarter, compared to analysts' expectations of $10.33 billion. During the same period last year, the firm earned $1.59 EPS. Philip Morris International's revenue for the quarter 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. Analysts predict that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Friday, June 27th were paid a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date was Friday, June 27th. Philip Morris International's dividend payout ratio is presently 102.66%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on PM shares. KGI Securities started coverage on Philip Morris International in a report on Monday, August 4th. They set an "outperform" rating on the stock. 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 report on Wednesday, July 30th. UBS Group increased their price target on Philip Morris International from $170.00 to $181.00 and gave the company a "neutral" rating in a report on Monday, July 14th. Jefferies Financial Group assumed coverage on Philip Morris International in a report on Wednesday, July 9th. They set a "buy" rating and a $220.00 price target on the stock. Finally, JPMorgan Chase & Co. raised their target price on Philip Morris International from $175.00 to $190.00 and gave the stock an "overweight" rating in a report on Thursday, July 10th. Twelve analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $186.27.

Philip Morris International Company 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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