Orion Investment Co Purchases Shares of 1,578 Philip Morris International Inc. $PM

Key Points

• Orion Investment Co has acquired a new position in Philip Morris International Inc. (NYSE: PM), purchasing 1,578 shares valued at approximately $250,000 during the first quarter.
• Institutional investors currently own 78.63% of Philip Morris International's stock, highlighting significant confidence in the company.
• The company recently declared a quarterly dividend of $1.35 per share, translating to an annual dividend yield of 3.3% with a payout ratio of 102.66%.

Orion Investment Co purchased a new position in Philip Morris International Inc. (NYSE:PM - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 1,578 shares of the company's stock, valued at approximately $250,000.

Other institutional investors also recently bought and sold shares of the company. Nuveen LLC bought a new position in Philip Morris International in the 1st quarter valued at approximately $1,712,994,000. Wellington Management Group LLP lifted its holdings in shares of Philip Morris International by 26.4% during the first quarter. Wellington Management Group LLP now owns 21,840,422 shares of the company's stock valued at $3,466,730,000 after purchasing an additional 4,563,632 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Philip Morris International by 19,986.5% during the first quarter. GAMMA Investing LLC now owns 4,486,928 shares of the company's stock valued at $712,210,000 after buying an additional 4,464,590 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in Philip Morris International by 57.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,794,530 shares of the company's stock worth $1,554,686,000 after buying an additional 3,575,158 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its position in Philip Morris International by 22.2% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 9,018,628 shares of the company's stock worth $1,431,527,000 after buying an additional 1,635,636 shares during the last quarter. 78.63% of the stock is owned by hedge funds and other institutional investors.

Philip Morris International Trading Up 0.8%

PM stock traded up $1.38 during midday trading on Friday, reaching $167.15. 5,357,997 shares of the company's stock traded hands, compared to its average volume of 4,950,581. The stock's 50-day moving average is $172.04 and its 200 day moving average is $166.87. The stock has a market cap of $260.18 billion, a P/E ratio of 31.78, a PEG ratio of 2.43 and a beta of 0.48. 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 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 negative return on equity of 120.86% and a net margin of 9.03%.The firm had revenue of $10.14 billion during the quarter, compared to analyst estimates of $10.33 billion. During the same period in the prior year, the business posted $1.59 EPS. Philip Morris International's 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. As a group, research analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Friday, June 27th were given a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, June 27th. Philip Morris International's payout ratio is presently 102.66%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on PM. KGI Securities assumed coverage on shares of Philip Morris International in a report on Monday, August 4th. They set an "outperform" rating on the stock. Jefferies Financial Group assumed 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 objective on the stock. UBS Group lifted their target price on shares of Philip Morris International from $170.00 to $181.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. Bank of America increased their price target on Philip Morris International from $182.00 to $200.00 and gave the company a "buy" rating in a report on Wednesday, June 4th. Finally, Citigroup restated an "overweight" rating on shares of Philip Morris International in a research note on Tuesday, July 22nd. Twelve investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price 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.