LVW Advisors LLC Purchases 8,102 Shares of Philip Morris International Inc. $PM

Key Points

• LVW Advisors LLC has increased its stake in Philip Morris International Inc. by 81.4%, owning a total of 18,060 shares worth approximately $3.29 million after acquiring 8,102 additional shares.
• Analysts have mixed views on the stock, with Bank of America raising its price target from $182 to $200 and an overall consensus rating of "Moderate Buy" with an average price target of $189.40.
• Philip Morris recently announced a quarterly dividend increase to $1.47, representing an annual yield of 3.6%, with a payout ratio currently at 102.66%.

LVW Advisors LLC boosted its position in Philip Morris International Inc. (NYSE:PM - Free Report) by 81.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,060 shares of the company's stock after acquiring an additional 8,102 shares during the period. LVW Advisors LLC's holdings in Philip Morris International were worth $3,289,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of Philip Morris International by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 140,621,675 shares of the company's stock worth $22,320,878,000 after buying an additional 1,189,283 shares during the period. Wellington Management Group LLP lifted its holdings in shares of Philip Morris International by 26.4% during the 1st quarter. Wellington Management Group LLP now owns 21,840,422 shares of the company's stock valued at $3,466,730,000 after purchasing an additional 4,563,632 shares in the last quarter. Nuveen LLC bought a new position in shares of Philip Morris International during the 1st quarter valued at about $1,712,994,000. Goldman Sachs Group Inc. lifted its holdings in shares of Philip Morris International by 57.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,794,530 shares of the company's stock valued at $1,554,686,000 after purchasing an additional 3,575,158 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its position in Philip Morris International by 22.2% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 9,018,628 shares of the company's stock valued at $1,431,527,000 after buying an additional 1,635,636 shares during the last quarter. Institutional investors own 78.63% of the company's stock.

Analysts Set New Price Targets

A number of research firms have weighed in on PM. KGI Securities began coverage on Philip Morris International in a research report on Monday, August 4th. They set an "outperform" rating for the company. Bank of America upped their price target on Philip Morris International from $182.00 to $200.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. Wall Street Zen downgraded Philip Morris International from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Citigroup restated a "buy" rating on shares of Philip Morris International in a report on Thursday, September 4th. Finally, Barclays dropped their price target on shares of 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. Eleven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Philip Morris International has a consensus rating of "Moderate Buy" and an average price target of $189.40.

Philip Morris International Trading Up 0.4%

PM opened at $164.70 on Friday. Philip Morris International Inc. has a 1-year low of $116.12 and a 1-year high of $186.69. The stock's fifty day simple moving average is $165.55 and its 200 day simple moving average is $168.31. The stock has a market cap of $256.37 billion, a PE ratio of 31.31, a price-to-earnings-growth ratio of 2.37 and a beta of 0.49.

Philip Morris International (NYSE:PM - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.05. The firm had revenue of $10.14 billion for the quarter, compared to analysts' expectations of $10.33 billion. Philip Morris International had a negative return on equity of 120.86% and a net margin of 9.03%.The company's quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Equities analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Increases Dividend

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

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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