Meiji Yasuda Life Insurance Co Boosts Position in Philip Morris International Inc. $PM

Key Points

• Meiji Yasuda Life Insurance Co increased its stake in Philip Morris International Inc. by 15.5% during the first quarter, acquiring an additional 2,849 shares, which brought its total holdings to 21,177 shares worth approximately $3.36 million.
• Philip Morris International recently reported earnings of $1.91 per share for the last quarter, exceeding analyst expectations, and has set guidance for Q3 2025 at $2.080-2.130 EPS.
• The company announced a quarterly dividend of $1.35 per share, yielding about 3.3%, and currently shows a payout ratio of 102.66%.

Meiji Yasuda Life Insurance Co increased its stake in Philip Morris International Inc. (NYSE:PM - Free Report) by 15.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,177 shares of the company's stock after buying an additional 2,849 shares during the period. Meiji Yasuda Life Insurance Co's holdings in Philip Morris International were worth $3,361,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in PM. Kelly Lawrence W & Associates Inc. CA purchased a new position in Philip Morris International during the 1st quarter valued at about $30,000. Clal Insurance Enterprises Holdings Ltd purchased a new position in Philip Morris International during the 1st quarter valued at about $34,000. Pacifica Partners Inc. increased its position in Philip Morris International by 115.0% during the 1st quarter. Pacifica Partners Inc. now owns 215 shares of the company's stock valued at $35,000 after purchasing an additional 115 shares during the period. Redmont Wealth Advisors LLC purchased a new position in Philip Morris International during the 1st quarter valued at about $35,000. Finally, 1 North Wealth Services LLC purchased a new position in Philip Morris International during the 1st quarter valued at about $35,000. Hedge funds and other institutional investors own 78.63% of the company's stock.

Philip Morris International Trading Up 0.3%

NYSE:PM opened at $161.61 on Monday. Philip Morris International Inc. has a 12 month low of $116.12 and a 12 month high of $186.69. The firm has a fifty day simple moving average of $170.22 and a 200-day simple moving average of $167.47. The company has a market capitalization of $251.57 billion, a P/E ratio of 30.72, a PEG ratio of 2.34 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 EPS for the quarter, topping 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 business had revenue of $10.14 billion during the quarter, compared to the consensus estimate of $10.33 billion. During the same period in the previous year, the firm posted $1.59 earnings per share. The business's revenue for the quarter 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. Equities analysts forecast that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Friday, June 27th were paid a dividend of $1.35 per share. This represents a $5.40 annualized dividend and a yield of 3.3%. The ex-dividend date was Friday, June 27th. Philip Morris International's payout ratio is presently 102.66%.

Analysts Set New Price Targets

A number of research firms have commented on PM. KGI Securities began coverage on shares of Philip Morris International in a research report on Monday, August 4th. They set an "outperform" rating on the stock. UBS Group cut their target price on shares of Philip Morris International from $177.00 to $166.00 and set a "neutral" rating on the stock in a research report on Friday. Needham & Company LLC reissued a "buy" rating and set a $195.00 target price on shares of Philip Morris International in a research report on Wednesday, July 23rd. Jefferies Financial Group started coverage on shares of Philip Morris International in a research report on Wednesday, July 9th. They set a "buy" rating and a $220.00 target price on the stock. Finally, 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. Twelve equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $184.91.

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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