Philip Morris International Inc. $PM Shares Acquired by Geneos Wealth Management Inc.

Key Points

• Geneos Wealth Management Inc. increased its holdings in Philip Morris International by 7.0%, now owning 23,108 shares valued at approximately $3.67 million.
• Philip Morris International reported $1.91 EPS for its latest quarterly earnings, surpassing the analysts' estimate of $1.86, while revenue for the quarter was $10.14 billion.
• The company announced a quarterly dividend of $1.35, with an annualized yield of 3.3%, indicating a payout ratio of approximately 102.66%.

Geneos Wealth Management Inc. boosted its holdings in Philip Morris International Inc. (NYSE:PM - Free Report) by 7.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,108 shares of the company's stock after buying an additional 1,519 shares during the quarter. Geneos Wealth Management Inc.'s holdings in Philip Morris International were worth $3,668,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Kelly Lawrence W & Associates Inc. CA purchased a new position in shares of Philip Morris International during the first quarter worth about $30,000. Clal Insurance Enterprises Holdings Ltd acquired a new stake in shares of Philip Morris International during the first quarter worth about $34,000. Pacifica Partners Inc. boosted its stake in shares of Philip Morris International by 115.0% during the first quarter. Pacifica Partners Inc. now owns 215 shares of the company's stock worth $35,000 after buying an additional 115 shares during the period. Redmont Wealth Advisors LLC acquired a new stake in shares of Philip Morris International during the first quarter worth about $35,000. Finally, 1 North Wealth Services LLC acquired a new stake in shares of Philip Morris International during the first quarter worth about $35,000. Hedge funds and other institutional investors own 78.63% of the company's stock.

Philip Morris International Stock Performance

Shares of NYSE:PM traded down $1.72 during midday trading on Friday, hitting $166.18. 3,691,351 shares of the company's stock traded hands, compared to its average volume of 4,931,464. The company has a market cap of $258.67 billion, a PE ratio of 31.59, a P/E/G ratio of 2.44 and a beta of 0.49. The firm's fifty day moving average price is $168.89 and its two-hundred day moving average price is $167.73. Philip Morris International Inc. has a twelve month low of $116.12 and a twelve month high of $186.69.

Philip Morris International (NYSE:PM - Get Free Report) last posted its 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 for the quarter, compared to analyst estimates of $10.33 billion. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The business's quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.59 EPS. 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 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

PM has been the subject of a number of recent analyst reports. Needham & Company LLC restated a "buy" rating and issued a $195.00 price objective on shares of Philip Morris International in a research report on Wednesday, July 23rd. KGI Securities initiated coverage on shares of Philip Morris International in a research report on Monday, August 4th. They issued an "outperform" rating for the company. Barclays reduced their price objective on shares of Philip Morris International from $225.00 to $220.00 and set an "overweight" rating for the company in a research report on Wednesday, July 30th. Wall Street Zen downgraded shares of Philip Morris International from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Finally, Jefferies Financial Group initiated coverage on shares of Philip Morris International in a research report on Wednesday, July 9th. They issued a "buy" rating and a $220.00 price objective for the company. Twelve analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $184.91.

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.