Kingswood Wealth Advisors LLC Has $1.66 Million Stock Position in Philip Morris International Inc. $PM

Key Points

• Kingswood Wealth Advisors LLC has reduced its stake in Philip Morris International Inc. by 63.9%, resulting in a current stock position valued at approximately $1.66 million.
• Philip Morris International has set its Q3 2025 EPS guidance at 2.080-2.130 and recently increased its quarterly dividend to $1.47 per share, reflecting a boost from the previous dividend.
• Analysts have varied opinions on the stock, with a consensus rating of "Moderate Buy" and an average target price of $195.44, following upgrades from firms such as JPMorgan Chase & Co. and downgrades from others like Wall Street Zen.

Kingswood Wealth Advisors LLC lowered its stake in shares of Philip Morris International Inc. (NYSE:PM - Free Report) by 63.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,111 shares of the company's stock after selling 16,146 shares during the period. Kingswood Wealth Advisors LLC's holdings in Philip Morris International were worth $1,659,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in PM. Brighton Jones LLC raised its holdings in shares of Philip Morris International by 31.1% in the 4th quarter. Brighton Jones LLC now owns 8,531 shares of the company's stock worth $1,027,000 after acquiring an additional 2,023 shares during the last quarter. Revolve Wealth Partners LLC grew its position in Philip Morris International by 4.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company's stock worth $252,000 after purchasing an additional 91 shares in the last quarter. Miracle Mile Advisors LLC grew its position in Philip Morris International by 2.2% in the 1st quarter. Miracle Mile Advisors LLC now owns 4,233 shares of the company's stock worth $672,000 after purchasing an additional 93 shares in the last quarter. Courier Capital LLC grew its position in Philip Morris International by 3.2% in the 1st quarter. Courier Capital LLC now owns 4,039 shares of the company's stock worth $641,000 after purchasing an additional 125 shares in the last quarter. Finally, NewSquare Capital LLC grew its position in Philip Morris International by 191.3% in the 1st quarter. NewSquare Capital LLC now owns 600 shares of the company's stock worth $95,000 after purchasing an additional 394 shares in the last quarter. Institutional investors and hedge funds own 78.63% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on PM. JPMorgan Chase & Co. upped their price objective on shares of Philip Morris International from $175.00 to $190.00 and gave the stock an "overweight" rating in a research report on Thursday, July 10th. 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. Jefferies Financial Group assumed 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. UBS Group reduced their target price on shares of Philip Morris International from $177.00 to $166.00 and set a "neutral" rating for the company in a research report on Friday, September 5th. Finally, Barclays reduced 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 report on Wednesday, July 30th. Eleven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $195.44.

Philip Morris International Stock Up 0.6%

Philip Morris International stock opened at $154.53 on Wednesday. The firm has a 50 day moving average price of $164.57 and a 200-day moving average price of $168.67. The company has a market capitalization of $240.53 billion, a P/E ratio of 29.38, a P/E/G ratio of 2.22 and a beta of 0.46. 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 released its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 EPS for the quarter, topping the consensus estimate of $1.86 by $0.05. The company had revenue of $10.14 billion during the quarter, compared to the consensus estimate of $10.33 billion. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. Philip Morris International's revenue for the quarter was up 7.1% on a year-over-year basis. During the same period last year, the firm earned $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Equities analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 20th. Investors of record on Friday, October 3rd will be issued a $1.47 dividend. This is a boost from Philip Morris International's previous quarterly dividend of $1.35. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $5.88 annualized dividend and a yield of 3.8%. Philip Morris International's payout ratio is 111.79%.

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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