Global Financial Private Client LLC Grows Stake in Philip Morris International Inc. $PM

Key Points

• Global Financial Private Client LLC increased its holdings in Philip Morris International by 211.2% during Q2, now owning 3,952 shares valued at $720,000.
• Philip Morris International reported Q2 earnings of $1.91 per share, exceeding analysts' estimates, and had a 7.1% year-over-year revenue increase.
• Institutional investors own 78.63% of Philip Morris International's stock, reflecting strong interest from various firms in the tobacco company.

Global Financial Private Client LLC increased its stake in shares of Philip Morris International Inc. (NYSE:PM - Free Report) by 211.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,952 shares of the company's stock after buying an additional 2,682 shares during the quarter. Global Financial Private Client LLC's holdings in Philip Morris International were worth $720,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Kelly Lawrence W & Associates Inc. CA bought a new position in Philip Morris International in the 1st quarter valued at $30,000. CBIZ Investment Advisory Services LLC grew its stake in Philip Morris International by 405.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 202 shares of the company's stock valued at $32,000 after purchasing an additional 162 shares during the period. Clal Insurance Enterprises Holdings Ltd bought a new position in Philip Morris International in the 1st quarter valued at $34,000. Pacifica Partners Inc. grew its stake in Philip Morris International by 115.0% in the 1st quarter. Pacifica Partners Inc. now owns 215 shares of the company's stock valued at $35,000 after purchasing an additional 115 shares during the period. Finally, Redmont Wealth Advisors LLC bought a new position in Philip Morris International in the 1st quarter valued at $35,000. Institutional investors own 78.63% of the company's stock.

Philip Morris International Stock Down 0.4%

Shares of Philip Morris International stock traded down $0.61 during trading on Monday, hitting $162.34. 5,735,002 shares of the stock traded hands, compared to its average volume of 5,532,723. The stock has a market cap of $252.69 billion, a price-to-earnings ratio of 30.86, a PEG ratio of 2.36 and a beta of 0.49. The firm's fifty day moving average is $166.89 and its 200-day moving average is $168.19. Philip Morris International Inc. has a 52 week low of $116.12 and a 52 week high of $186.69.

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, topping the consensus estimate 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 business had revenue of $10.14 billion for the quarter, compared to analyst estimates of $10.33 billion. During the same period last year, the company 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. On average, analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, October 20th. Investors 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%. The ex-dividend date is Friday, October 3rd. This is a positive change from Philip Morris International's previous quarterly dividend of $1.35. Philip Morris International's dividend payout ratio is 102.66%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on PM. Needham & Company LLC restated a "buy" rating and issued a $195.00 price objective on shares of Philip Morris International in a research note on Wednesday, July 23rd. JPMorgan Chase & Co. upped their price target 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. Wall Street Zen cut Philip Morris International from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. UBS Group dropped their price target on 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. Finally, Barclays dropped their price target on Philip Morris International from $225.00 to $220.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 30th. 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 MarketBeat, Philip Morris International has a consensus rating of "Moderate Buy" and a consensus 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.