Philip Morris International Inc. $PM is GW Henssler & Associates Ltd.'s 5th Largest Position

Key Points

• GW Henssler & Associates Ltd. has decreased its holdings in Philip Morris International Inc. by 1.1% during the first quarter, now owning 271,210 shares valued at approximately $43 million.
• Several hedge funds have increased their positions in Philip Morris International, with 49 Wealth Management LLC boosting its stake by an impressive 79.0%.
• The company's recent earnings report showed earnings per share of $1.91, which surpassed analyst expectations, although its revenue fell slightly short of expectations at $10.14 billion.

GW Henssler & Associates Ltd. lessened its stake in Philip Morris International Inc. (NYSE:PM - Free Report) by 1.1% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 271,210 shares of the company's stock after selling 2,884 shares during the period. Philip Morris International comprises approximately 2.4% of GW Henssler & Associates Ltd.'s portfolio, making the stock its 5th largest position. GW Henssler & Associates Ltd.'s holdings in Philip Morris International were worth $43,049,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. Perigon Wealth Management LLC grew its stake in shares of Philip Morris International by 0.4% in the first quarter. Perigon Wealth Management LLC now owns 14,087 shares of the company's stock worth $2,236,000 after acquiring an additional 60 shares in the last quarter. TBH Global Asset Management LLC grew its stake in shares of Philip Morris International by 0.9% in the first quarter. TBH Global Asset Management LLC now owns 6,932 shares of the company's stock worth $1,100,000 after acquiring an additional 61 shares in the last quarter. NFP Retirement Inc. grew its stake in shares of Philip Morris International by 2.5% in the first quarter. NFP Retirement Inc. now owns 2,589 shares of the company's stock worth $411,000 after acquiring an additional 62 shares in the last quarter. Capital Advisors Wealth Management LLC grew its stake in shares of Philip Morris International by 2.1% in the first quarter. Capital Advisors Wealth Management LLC now owns 3,005 shares of the company's stock worth $477,000 after acquiring an additional 63 shares in the last quarter. Finally, Renasant Bank grew its stake in shares of Philip Morris International by 3.3% in the first quarter. Renasant Bank now owns 1,994 shares of the company's stock worth $317,000 after acquiring an additional 63 shares in the last quarter. Institutional investors and hedge funds own 78.63% of the company's stock.

Analysts Set New Price Targets

PM has been the subject of several research reports. Bank of America boosted their price target on shares of Philip Morris International from $182.00 to $200.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. KGI Securities started coverage on shares of Philip Morris International in a research note on Monday, August 4th. They issued an "outperform" rating for the company. Barclays lowered their target price on shares of Philip Morris International from $225.00 to $220.00 and set an "overweight" rating for the company in a research note on Wednesday, July 30th. Wall Street Zen downgraded shares of Philip Morris International from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $195.00 target price on shares of Philip Morris International in a research note on Wednesday, July 23rd. Twelve research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $184.91.

Philip Morris International Trading Up 0.3%

Shares of PM stock traded up $0.46 on Friday, reaching $161.61. 4,056,667 shares of the stock were exchanged, compared to its average volume of 4,938,799. The business's 50 day moving average price is $170.22 and its 200 day moving average price is $167.24. The company has a market capitalization of $251.57 billion, a price-to-earnings ratio of 30.72, a PEG ratio of 2.34 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.

Philip Morris International (NYSE:PM - Get Free Report) last announced its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share for the quarter, beating analysts' consensus estimates of $1.86 by $0.05. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The firm had revenue of $10.14 billion during the quarter, compared to analysts' expectations of $10.33 billion. During the same period in the previous year, the company earned $1.59 earnings per share. Philip Morris International's quarterly revenue 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. Equities research analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Dividend Announcement

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

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.