Napa Wealth Management Invests $240,000 in Philip Morris International Inc. $PM

Key Points

• Napa Wealth Management recently made a new investment of $240,000 in Philip Morris International Inc., acquiring 1,512 shares during the first quarter.
• Institutional investors collectively own 78.63% of Philip Morris International's stock, with notable increases in stakes from firms like Nuveen LLC and Goldman Sachs Group Inc..
• Philip Morris International has an average rating of "Moderate Buy" from twelve analysts, with an average price target of $186.27 per share.

Napa Wealth Management bought a new position in Philip Morris International Inc. (NYSE:PM - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,512 shares of the company's stock, valued at approximately $240,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kelly Lawrence W & Associates Inc. CA purchased a new position in shares of Philip Morris International in the 1st quarter worth $30,000. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of Philip Morris International in the 1st quarter valued at about $34,000. Pacifica Partners Inc. grew its holdings in shares of Philip Morris International by 115.0% during the 1st quarter. Pacifica Partners Inc. now owns 215 shares of the company's stock worth $35,000 after purchasing an additional 115 shares during the period. Redmont Wealth Advisors LLC acquired a new position in Philip Morris International during the first quarter valued at approximately $35,000. Finally, Inlight Wealth Management LLC acquired a new position in Philip Morris International during the first quarter valued at approximately $38,000. Institutional investors and hedge funds own 78.63% of the company's stock.

Philip Morris International Price Performance

NYSE:PM traded down $2.53 during midday trading on Wednesday, reaching $164.15. 5,162,677 shares of the company traded hands, compared to its average volume of 6,015,266. Philip Morris International Inc. has a twelve month low of $116.12 and a twelve month high of $186.69. The company has a fifty day moving average price of $173.05 and a 200 day moving average price of $166.50. The firm has a market capitalization of $255.51 billion, a price-to-earnings ratio of 31.21, a price-to-earnings-growth ratio of 2.43 and a beta of 0.48.

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 (EPS) for the quarter, topping analysts' consensus estimates of $1.86 by $0.05. Philip Morris International had a negative return on equity of 120.86% and a net margin of 9.03%.The company had revenue of $10.14 billion during the quarter, compared to analyst estimates of $10.33 billion. During the same quarter in the previous year, the firm posted $1.59 EPS. The firm's quarterly revenue was up 7.1% on a year-over-year basis. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. On average, equities research analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on PM. Jefferies Financial Group began coverage on shares of Philip Morris International in a research report on Wednesday, July 9th. They set a "buy" rating and a $220.00 price target on the stock. Needham & Company LLC reissued a "buy" rating and set a $195.00 price target on shares of Philip Morris International in a research report on Wednesday, July 23rd. Wall Street Zen lowered Philip Morris International from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. JPMorgan Chase & Co. boosted their price target on Philip Morris International from $175.00 to $190.00 and gave the stock an "overweight" rating in a research report on Thursday, July 10th. Finally, UBS Group boosted their price target on Philip Morris International from $170.00 to $181.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. Twelve analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $186.27.

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.