Mather Group LLC. Acquires 2,274 Shares of Philip Morris International Inc. $PM

Key Points

• Mather Group LLC increased its stake in Philip Morris International by 14.7%, now owning a total of 17,739 shares valued at approximately $3.23 million.
• Philip Morris International recently declared a quarterly dividend of $1.47 per share, a boost from its previous $1.35 dividend, indicating a payout ratio of 102.66%.
• The company reported a net margin of 9.03% for the recent quarter and beat the earnings per share estimate, showing a year-over-year revenue growth of 7.1%.

Mather Group LLC. grew its stake in Philip Morris International Inc. (NYSE:PM - Free Report) by 14.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 17,739 shares of the company's stock after purchasing an additional 2,274 shares during the quarter. Mather Group LLC.'s holdings in Philip Morris International were worth $3,231,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Brighton Jones LLC raised its position 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 valued at $1,027,000 after acquiring an additional 2,023 shares during the period. Revolve Wealth Partners LLC boosted its position in shares of Philip Morris International by 4.5% during the fourth 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. Ameriflex Group Inc. acquired a new position in shares of Philip Morris International in the 4th quarter valued at $36,000. Total Wealth Planning & Management Inc. acquired a new position in shares of Philip Morris International in the 4th quarter valued at $269,000. Finally, Park Square Financial Group LLC bought a new stake in shares of Philip Morris International in the 4th quarter valued at $41,000. 78.63% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

PM has been the topic of several recent analyst reports. Wall Street Zen lowered Philip Morris International from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Needham & Company LLC reaffirmed a "buy" rating and set a $195.00 price target on shares of Philip Morris International in a research report on Wednesday, July 23rd. Citigroup reiterated a "buy" rating on shares of Philip Morris International in a research report on Thursday, September 4th. Bank of America increased their target price on Philip Morris International from $182.00 to $200.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. Finally, Barclays cut 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 note on Wednesday, July 30th. Twelve analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $184.91.

Philip Morris International Stock Down 0.3%

Shares of PM stock opened at $163.21 on Thursday. Philip Morris International Inc. has a 12 month low of $116.12 and a 12 month high of $186.69. The company's fifty day simple moving average is $166.14 and its 200-day simple moving average is $168.13. The firm has a market cap of $254.04 billion, a PE ratio of 31.03, a P/E/G ratio of 2.38 and a beta of 0.49.

Philip Morris International (NYSE:PM - Get Free Report) last issued its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $10.33 billion. During the same period in the previous year, the business earned $1.59 EPS. The company's 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. On average, equities analysts predict that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, October 20th. Investors of record on Friday, October 3rd will be given a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.6%. 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. Philip Morris International's payout ratio is currently 102.66%.

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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