Nomura Holdings Inc. Raises Holdings in Philip Morris International Inc. $PM

Key Points

• Nomura Holdings Inc. increased its stake in Philip Morris International Inc. by 13.9%, owning 73,594 shares worth approximately $11.68 million after purchasing an additional 8,972 shares in Q1.
• Philip Morris reported a quarterly EPS of $1.91, surpassing estimates of $1.86, with revenues of $10.14 billion, slightly below expectations of $10.33 billion.
• The company recently announced a quarterly dividend of $1.35, yielding 3.2%, with a reported dividend payout ratio of 102.66%.

Nomura Holdings Inc. boosted its holdings in shares of Philip Morris International Inc. (NYSE:PM - Free Report) by 13.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 73,594 shares of the company's stock after buying an additional 8,972 shares during the quarter. Nomura Holdings Inc.'s holdings in Philip Morris International were worth $11,682,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Kelly Lawrence W & Associates Inc. CA acquired a new stake in Philip Morris International during the 1st quarter worth approximately $30,000. Clal Insurance Enterprises Holdings Ltd acquired a new stake in Philip Morris International during the 1st quarter worth approximately $34,000. Pacifica Partners Inc. raised its holdings in shares of Philip Morris International by 115.0% in 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 in the last quarter. Redmont Wealth Advisors LLC acquired a new stake in shares of Philip Morris International in the 1st quarter valued at $35,000. Finally, Ball & Co Wealth Management Inc. acquired a new stake in shares of Philip Morris International in the 4th quarter valued at $36,000. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Trading Up 0.3%

Shares of NYSE PM traded up $0.46 during mid-day trading on Friday, reaching $161.61. The company had a trading volume of 4,039,027 shares, compared to its average volume of 6,021,192. The firm has a 50 day simple moving average of $170.61 and a two-hundred day simple moving average of $167.15. The stock has a market cap of $251.57 billion, a P/E ratio of 30.72, a PEG ratio of 2.37 and a beta of 0.49. Philip Morris International Inc. has a 52-week low of $116.12 and a 52-week high of $186.69.

Philip Morris International (NYSE:PM - Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 earnings per share (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 company had revenue of $10.14 billion for the quarter, compared to the consensus estimate of $10.33 billion. During the same period last year, the firm posted $1.59 EPS. Philip Morris International's revenue for the quarter 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 analysts expect 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 given a dividend of $1.35 per share. This represents a $5.40 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Friday, June 27th. Philip Morris International's dividend payout ratio (DPR) is presently 102.66%.

Wall Street Analysts Forecast Growth

PM has been the topic of a number of analyst reports. Bank of America raised their price objective on shares of Philip Morris International from $182.00 to $200.00 and gave the company a "buy" rating in a report on Wednesday, June 4th. Citigroup restated a "buy" rating on shares of Philip Morris International in a report on Thursday. KGI Securities initiated coverage on shares of Philip Morris International in a report on Monday, August 4th. They issued an "outperform" rating on the stock. UBS Group reduced their price objective on shares of Philip Morris International from $177.00 to $166.00 and set a "neutral" rating on the stock in a report on Friday. Finally, JPMorgan Chase & Co. increased their target price on shares of Philip Morris International from $175.00 to $190.00 and gave the company an "overweight" rating in a research report on Thursday, July 10th. Twelve analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Philip Morris International presently has an average rating of "Moderate Buy" and an average price target of $184.91.

Philip Morris International 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.