Philip Morris International Inc. $PM Position Raised by OneDigital Investment Advisors LLC

Key Points

• OneDigital Investment Advisors increased its Philip Morris International position by 17.9% in the second quarter, bringing its holdings to 36,929 shares valued at approximately $6.68 million. Institutional investors collectively own 78.63% of the company.
• Analysts remain broadly positive, with 10 Buy ratings and two Holds. The stock has a consensus “Moderate Buy” rating and an average price target of $205.89.
• Philip Morris exceeded quarterly expectations with $2.20 in EPS and $11.19 billion in revenue, while revenue grew 10.4% year over year. The company pays a quarterly dividend of $1.47 per share, equivalent to a 3.1% yield.

OneDigital Investment Advisors LLC lifted its position in shares of Philip Morris International Inc. (NYSE:PM - Free Report) by 17.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 36,929 shares of the company's stock after acquiring an additional 5,603 shares during the period. OneDigital Investment Advisors LLC's holdings in Philip Morris International were worth $6,681,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Global Retirement Partners LLC lifted its stake in shares of Philip Morris International by 40.3% in the 4th quarter. Global Retirement Partners LLC now owns 67,177 shares of the company's stock worth $10,775,000 after acquiring an additional 19,309 shares during the period. New York Life Investment Management LLC increased its stake in shares of Philip Morris International by 3.6% during the fourth quarter. New York Life Investment Management LLC now owns 216,613 shares of the company's stock valued at $34,745,000 after acquiring an additional 7,600 shares during the period. Addison Capital Co raised its holdings in Philip Morris International by 32.5% during the first quarter. Addison Capital Co now owns 31,779 shares of the company's stock worth $5,254,000 after purchasing an additional 7,793 shares in the last quarter. Brighton Jones LLC raised its holdings in Philip Morris International by 31.1% during the fourth quarter. Brighton Jones LLC now owns 8,531 shares of the company's stock worth $1,027,000 after purchasing an additional 2,023 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Philip Morris International by 2.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 401,207 shares of the company's stock worth $64,354,000 after purchasing an additional 8,680 shares during the period. Institutional investors own 78.63% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on PM shares. Needham & Company LLC increased their price target on Philip Morris International from $200.00 to $215.00 and gave the company a "buy" rating in a research note on Thursday, July 23rd. Stifel Nicolaus upped their price objective on Philip Morris International from $195.00 to $205.00 and gave the company a "buy" rating in a report on Thursday, July 23rd. BTIG Research set a $221.00 price target on shares of Philip Morris International and gave the stock a "buy" rating in a research report on Friday, July 24th. Weiss Ratings reissued a "buy (b)" rating on shares of Philip Morris International in a report on Wednesday, May 20th. Finally, Morgan Stanley raised their price objective on shares of Philip Morris International from $200.00 to $215.00 and gave the company an "overweight" rating in a research report on Thursday, July 23rd. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $205.89.

Philip Morris International Stock Performance

Shares of NYSE:PM opened at $187.77 on Wednesday. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $207.76. The stock has a fifty day moving average of $185.60 and a 200-day moving average of $178.12. The company has a market capitalization of $292.66 billion, a PE ratio of 26.98, a price-to-earnings-growth ratio of 2.30 and a beta of 0.38.

Philip Morris International (NYSE:PM - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.05 by $0.15. The business had revenue of $11.19 billion for the quarter, compared to analysts' expectations of $10.60 billion. Philip Morris International had a negative return on equity of 163.41% and a net margin of 11.06%.The company's quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.89 EPS. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. As a group, research analysts forecast that Philip Morris International Inc. will post 8.33 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Thursday, June 25th were issued a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.1%. The ex-dividend date was Thursday, June 25th. Philip Morris International's payout ratio is presently 84.48%.

Philip Morris International Company Profile

Philip Morris International Inc NYSE: PM is a global tobacco company that manufactures and sells cigarettes, other nicotine-containing products and a growing portfolio of smoke-free alternatives for adult smokers. The firm traces its corporate roots to the 19th century Philip Morris enterprise and was established as an independent, publicly traded company following a 2008 separation from what is now Altria. Since the spin-off, the company has focused on serving international markets outside the United States.

PMI's product mix includes traditional combustible cigarettes as well as smoke-free offerings such as heated tobacco systems and other reduced-risk products.

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