Philip Morris International Inc. $PM Holdings Boosted by Monument Capital Management

Key Points

• Monument Capital Management significantly increased its stake in Philip Morris International by 68.4% during the second quarter, owning 12,522 shares valued at approximately $2.28 million.
• Philip Morris International reported an earnings per share (EPS) of $1.91, beating estimates by $0.05, while its revenue reached $10.14 billion for the quarter.
• The company announced a quarterly dividend of $1.47 per share, representing a yield of 3.8% which is an increase from its previous dividend of $1.35.

Monument Capital Management increased its stake in Philip Morris International Inc. (NYSE:PM - Free Report) by 68.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,522 shares of the company's stock after purchasing an additional 5,087 shares during the period. Monument Capital Management's holdings in Philip Morris International were worth $2,281,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Abound Wealth Management raised its holdings in shares of Philip Morris International by 566.7% during the second quarter. Abound Wealth Management now owns 160 shares of the company's stock valued at $29,000 after buying an additional 136 shares during the last quarter. Kelly Lawrence W & Associates Inc. CA bought a new stake in Philip Morris International in the first quarter worth about $30,000. CBIZ Investment Advisory Services LLC raised its holdings in shares of Philip Morris International by 405.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 202 shares of the company's stock worth $32,000 after purchasing an additional 162 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd bought a new position in shares of Philip Morris International in the first quarter valued at $34,000. Finally, Redmont Wealth Advisors LLC acquired a new stake in shares of Philip Morris International during the first quarter worth $35,000. 78.63% of the stock is currently owned by institutional investors.

Philip Morris International Stock Performance

Shares of NYSE:PM opened at $156.80 on Friday. Philip Morris International Inc. has a 52 week low of $116.12 and a 52 week high of $186.69. The company's fifty day moving average is $164.29 and its 200-day moving average is $168.62. The company has a market capitalization of $244.07 billion, a PE ratio of 29.81, a P/E/G ratio of 2.25 and a beta of 0.46.

Philip Morris International (NYSE:PM - Get Free Report) last announced its earnings results on Tuesday, July 22nd. The company reported $1.91 EPS for the quarter, topping 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%.Philip Morris International's revenue was up 7.1% compared to the same quarter last year. During the same period 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. On average, analysts forecast that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 20th. Shareholders of record on Friday, October 3rd will be given a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Friday, October 3rd. This is a boost from Philip Morris International's previous quarterly dividend of $1.35. Philip Morris International's dividend payout ratio is currently 111.79%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on PM shares. Weiss Ratings restated a "buy (b)" rating on shares of Philip Morris International in a report on Wednesday. Barclays dropped their price objective on Philip Morris International from $225.00 to $220.00 and set an "overweight" rating on the stock in a report on Wednesday, July 30th. Jefferies Financial Group initiated coverage on Philip Morris International in a report on Wednesday, July 9th. They set a "buy" rating and a $220.00 price objective on the stock. UBS Group lowered 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 note on Friday, September 5th. Finally, KGI Securities started coverage on shares of Philip Morris International in a research note on Monday, August 4th. They issued an "outperform" rating on the stock. Eleven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $195.44.

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.

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