Klein Pavlis & Peasley Financial Inc. Sells 16,182 Shares of Philip Morris International Inc. $PM

Key Points

• Klein Pavlis & Peasley Financial Inc. reduced its stake in Philip Morris International by 51.5%, selling 16,182 shares, while maintaining a total of 15,228 shares valued at approximately $2.77 million.
• Philip Morris reported a quarterly earnings per share (EPS) of $1.91, exceeding analyst expectations of $1.86, albeit with revenue slightly under target at $10.14 billion.
• The company announced an increase in its quarterly dividend to $1.47, representing a yield of 3.6%, despite a high dividend payout ratio of 102.66%.

Klein Pavlis & Peasley Financial Inc. trimmed its position in shares of Philip Morris International Inc. (NYSE:PM - Free Report) by 51.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,228 shares of the company's stock after selling 16,182 shares during the quarter. Philip Morris International accounts for approximately 1.9% of Klein Pavlis & Peasley Financial Inc.'s holdings, making the stock its 16th largest position. Klein Pavlis & Peasley Financial Inc.'s holdings in Philip Morris International were worth $2,774,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Abound Wealth Management grew its stake in shares of Philip Morris International by 566.7% during the 2nd quarter. Abound Wealth Management now owns 160 shares of the company's stock valued at $29,000 after purchasing an additional 136 shares during the period. Kelly Lawrence W & Associates Inc. CA bought a new stake in Philip Morris International during the first quarter valued at approximately $30,000. CBIZ Investment Advisory Services LLC increased its holdings in Philip Morris International by 405.0% during the first quarter. CBIZ Investment Advisory Services LLC now owns 202 shares of the company's stock valued at $32,000 after buying an additional 162 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd bought a new position in Philip Morris International in the first quarter worth approximately $34,000. Finally, Redmont Wealth Advisors LLC purchased a new position in shares of Philip Morris International during the 1st quarter worth $35,000. Institutional investors own 78.63% of the company's stock.

Philip Morris International Trading Up 0.4%

Shares of PM opened at $164.70 on Monday. The business's 50 day moving average is $165.55 and its 200 day moving average is $168.55. 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 $256.37 billion, a PE ratio of 31.31, a price-to-earnings-growth ratio of 2.38 and a beta of 0.49.

Philip Morris International (NYSE:PM - Get Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.86 by $0.05. The business had revenue of $10.14 billion during 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 company's revenue was up 7.1% on a year-over-year basis. During the same period last year, the firm posted $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Equities research analysts predict that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, October 20th. Shareholders of record on Friday, October 3rd will be paid a $1.47 dividend. This represents a $5.88 annualized dividend and a yield of 3.6%. The ex-dividend date is Friday, October 3rd. This is an increase from Philip Morris International's previous quarterly dividend of $1.35. Philip Morris International's dividend payout ratio is presently 102.66%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Barclays reduced their price objective on 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. Citigroup reaffirmed a "buy" rating on shares of Philip Morris International in a research note on Thursday, September 4th. UBS Group cut their price objective on Philip Morris International from $177.00 to $166.00 and set a "neutral" rating for the company in a research note on Friday, September 5th. KGI Securities assumed coverage on shares of Philip Morris International in a research note on Monday, August 4th. They set an "outperform" rating on the stock. Finally, JPMorgan Chase & Co. lifted their price target on shares of Philip Morris International from $175.00 to $190.00 and gave the company an "overweight" rating in a report on Thursday, July 10th. Eleven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Philip Morris International has a consensus rating of "Moderate Buy" and an average price target of $189.40.

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.

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