Maridea Wealth Management LLC Makes New $288,000 Investment in Philip Morris International Inc. $PM

Maridea Wealth Management LLC purchased a new stake in Philip Morris International Inc. (NYSE:PM - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,584 shares of the company's stock, valued at approximately $288,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Perigon Wealth Management LLC lifted its stake in Philip Morris International by 0.4% in the 1st quarter. Perigon Wealth Management LLC now owns 14,087 shares of the company's stock valued at $2,236,000 after acquiring an additional 60 shares in the last quarter. TBH Global Asset Management LLC raised its holdings 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 valued at $1,100,000 after purchasing an additional 61 shares during the last quarter. NFP Retirement Inc. lifted its position 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 purchasing an additional 62 shares in the last quarter. Cranbrook Wealth Management LLC lifted its position in shares of Philip Morris International by 6.5% in the second quarter. Cranbrook Wealth Management LLC now owns 1,014 shares of the company's stock worth $185,000 after purchasing an additional 62 shares in the last quarter. Finally, Capital Advisors Wealth Management LLC boosted its holdings in Philip Morris International by 2.1% during the first quarter. Capital Advisors Wealth Management LLC now owns 3,005 shares of the company's stock worth $477,000 after purchasing an additional 63 shares during the last quarter. 78.63% of the stock is owned by institutional investors and hedge funds.

Philip Morris International Stock Performance

Shares of PM stock opened at $164.16 on Friday. Philip Morris International Inc. has a 52-week low of $116.12 and a 52-week high of $186.69. The stock has a market cap of $255.53 billion, a price-to-earnings ratio of 31.21, a PEG ratio of 2.36 and a beta of 0.49. The firm's 50-day moving average is $165.83 and its 200-day moving average is $168.22.

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, topping analysts' consensus estimates of $1.86 by $0.05. The firm had revenue of $10.14 billion for the quarter, compared to the consensus estimate of $10.33 billion. Philip Morris International had a negative return on equity of 120.86% and a net margin of 9.03%.The business's revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.59 earnings per share. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Sell-side analysts predict that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Increases Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Citigroup reiterated a "buy" rating on shares of Philip Morris International in a research note on Thursday, September 4th. KGI Securities began coverage on Philip Morris International in a report on Monday, August 4th. They issued an "outperform" rating for the company. Jefferies Financial Group started coverage on Philip Morris International in a research report on Wednesday, July 9th. They issued a "buy" rating and a $220.00 target price on the stock. UBS Group dropped their target price on Philip Morris International from $177.00 to $166.00 and set a "neutral" rating on the stock in a report on Friday, September 5th. Finally, JPMorgan Chase & Co. raised their price target on Philip Morris International from $175.00 to $190.00 and gave the company an "overweight" rating in a research note on Thursday, July 10th. Eleven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $189.40.

Philip Morris International Company 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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