Philip Morris International Inc. $PM Shares Acquired by Northwestern Mutual Wealth Management Co.

Key Points

• Northwestern Mutual Wealth Management Co. significantly increased its holdings in Philip Morris International by 126.1%, acquiring an additional 187,550 shares in the first quarter, bringing their total to 336,313 shares valued at approximately $53.4 million.
• Institutional investors hold a substantial **78.63%** of Philip Morris International's stock, with other notable increases in holdings from firms like Vanguard and Wellington Management.
• Philip Morris International's most recent earnings report showed **$1.91** earnings per share, beating expectations, with a projected quarterly revenue growth of **7.1%** year-over-year.

Northwestern Mutual Wealth Management Co. raised its position in shares of Philip Morris International Inc. (NYSE:PM - Free Report) by 126.1% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 336,313 shares of the company's stock after purchasing an additional 187,550 shares during the period. Northwestern Mutual Wealth Management Co.'s holdings in Philip Morris International were worth $53,383,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in PM. 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 worth $1,027,000 after acquiring an additional 2,023 shares in the last quarter. Revolve Wealth Partners LLC raised its position in shares of Philip Morris International by 4.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company's stock worth $252,000 after acquiring an additional 91 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in shares of Philip Morris International by 1.7% in the 4th quarter. Integrated Wealth Concepts LLC now owns 45,432 shares of the company's stock worth $5,468,000 after acquiring an additional 766 shares in the last quarter. Capital Analysts LLC raised its position in shares of Philip Morris International by 28.8% in the 4th quarter. Capital Analysts LLC now owns 10,732 shares of the company's stock worth $1,292,000 after acquiring an additional 2,400 shares in the last quarter. Finally, Coldstream Capital Management Inc. raised its position in shares of Philip Morris International by 3.9% in the 4th quarter. Coldstream Capital Management Inc. now owns 35,356 shares of the company's stock worth $4,255,000 after acquiring an additional 1,326 shares in the last quarter. 78.63% of the stock is owned by institutional investors.

Philip Morris International Price Performance

Philip Morris International stock traded down $2.53 during trading hours on Wednesday, hitting $164.15. 5,162,677 shares of the stock traded hands, compared to its average volume of 6,015,266. The firm's 50 day moving average price is $173.05 and its 200-day moving average price is $166.50. The stock has a market capitalization of $255.51 billion, a price-to-earnings ratio of 31.21, a P/E/G ratio of 2.43 and a beta of 0.48. Philip Morris International Inc. has a 1 year low of $116.12 and a 1 year high of $186.69.

Philip Morris International (NYSE:PM - Get Free Report) last posted its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.05. The business 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 company's quarterly 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 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. 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 company also recently declared 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%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on PM. Citigroup reissued an "overweight" rating on shares of Philip Morris International in a research report on Tuesday, July 22nd. Jefferies Financial Group initiated coverage on Philip Morris International in a research note on Wednesday, July 9th. They set a "buy" rating and a $220.00 target price on the stock. Wall Street Zen downgraded Philip Morris International from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. JPMorgan Chase & Co. boosted their target price on Philip Morris International from $175.00 to $190.00 and gave the stock an "overweight" rating in a research note on Thursday, July 10th. Finally, Needham & Company LLC restated a "buy" rating and set a $195.00 target price on shares of Philip Morris International in a research note on Wednesday, July 23rd. Twelve research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus 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.