GC Wealth Management RIA LLC Makes New $1.82 Million Investment in Philip Morris International Inc. $PM

Key Points

• GC Wealth Management RIA LLC has invested approximately $1.82 million in Philip Morris International, acquiring about 9,997 shares in the second quarter.
• Philip Morris International recently announced an increase in its quarterly dividend to $1.47 per share, marking a yield of 3.6% and a payout ratio of 102.66%.
• Analysts have raised price targets for Philip Morris International, with Bank of America setting a new target at $200.00 and Jefferies Financial Group at $220.00.

GC Wealth Management RIA LLC purchased a new stake in shares of Philip Morris International Inc. (NYSE:PM - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 9,997 shares of the company's stock, valued at approximately $1,821,000.

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

Philip Morris International Trading Down 1.2%

NYSE:PM opened at $162.84 on Tuesday. The business's 50-day moving average is $165.19 and its 200 day moving average is $168.63. Philip Morris International Inc. has a 12 month low of $116.12 and a 12 month high of $186.69. The company has a market capitalization of $253.48 billion, a P/E ratio of 30.96, a P/E/G ratio of 2.38 and a beta of 0.49.

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

Philip Morris International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 20th. Shareholders of record on Friday, October 3rd will be given a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.6%. This is an increase 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 (DPR) is 102.66%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. KGI Securities started coverage on Philip Morris International in a research report on Monday, August 4th. They set an "outperform" rating on the stock. Bank of America upped their target price on shares of Philip Morris International from $182.00 to $200.00 and gave the stock a "buy" rating in a report on Wednesday, June 4th. 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 price target on the stock. JPMorgan Chase & Co. upped their price objective on Philip Morris International from $175.00 to $190.00 and gave the stock an "overweight" rating in a research note on Thursday, July 10th. Finally, UBS Group lowered their price target on Philip Morris International from $177.00 to $166.00 and set a "neutral" rating on the stock in a report on Friday, September 5th. Eleven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $189.40.

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.

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