Philip Morris International Inc. $PM Shares Sold by SWS Partners

Key Points

• SWS Partners reduced its holdings in Philip Morris International by 6.4%, owning 22,647 shares worth approximately $3.6 million after selling 1,559 shares.
• Philip Morris announced a quarterly dividend of $1.35 per share, with an annualized dividend of $5.40, resulting in a yield of 3.3% and a payout ratio of 102.66%.
• The company's latest earnings report revealed a 7.1% year-over-year revenue increase, with earnings per share of $1.91, exceeding expectations by $0.05.

SWS Partners lessened its holdings in shares of Philip Morris International Inc. (NYSE:PM - Free Report) by 6.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 22,647 shares of the company's stock after selling 1,559 shares during the period. Philip Morris International accounts for approximately 1.1% of SWS Partners' investment portfolio, making the stock its 21st biggest holding. SWS Partners' holdings in Philip Morris International were worth $3,595,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Perigon Wealth Management LLC raised its position in shares of Philip Morris International by 0.4% during the 1st quarter. Perigon Wealth Management LLC now owns 14,087 shares of the company's stock worth $2,236,000 after acquiring an additional 60 shares in the last quarter. TBH Global Asset Management LLC raised its position in shares of Philip Morris International by 0.9% during the 1st quarter. TBH Global Asset Management LLC now owns 6,932 shares of the company's stock worth $1,100,000 after acquiring an additional 61 shares in the last quarter. NFP Retirement Inc. raised its position in shares of Philip Morris International by 2.5% during the 1st quarter. NFP Retirement Inc. now owns 2,589 shares of the company's stock worth $411,000 after acquiring an additional 62 shares in the last quarter. Capital Advisors Wealth Management LLC increased its position in Philip Morris International by 2.1% during the first quarter. Capital Advisors Wealth Management LLC now owns 3,005 shares of the company's stock worth $477,000 after buying an additional 63 shares during the period. Finally, Renasant Bank increased its position in Philip Morris International by 3.3% during the first quarter. Renasant Bank now owns 1,994 shares of the company's stock worth $317,000 after buying an additional 63 shares during the period. Institutional investors and hedge funds own 78.63% of the company's stock.

Philip Morris International Trading Up 0.4%

Shares of PM stock opened at $165.43 on Thursday. The business's 50 day moving average is $169.36 and its two-hundred day moving average is $167.50. Philip Morris International Inc. has a twelve month low of $116.12 and a twelve month high of $186.69. The company has a market capitalization of $257.50 billion, a P/E ratio of 31.45, a price-to-earnings-growth ratio of 2.39 and a beta of 0.49.

Philip Morris International (NYSE:PM - Get Free Report) last announced its 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. Philip Morris International had a negative return on equity of 120.86% and a net margin of 9.03%.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 business posted $1.59 EPS. The company'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, equities analysts predict that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Friday, June 27th were paid a $1.35 dividend. The ex-dividend date was Friday, June 27th. This represents a $5.40 dividend on an annualized basis and a dividend yield of 3.3%. Philip Morris International's payout ratio is 102.66%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Bank of America lifted their price target on Philip Morris International from $182.00 to $200.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. UBS Group cut their price target on Philip Morris International from $177.00 to $166.00 and set a "neutral" rating on the stock in a research report on Friday, September 5th. Jefferies Financial Group assumed coverage on Philip Morris International in a research report on Wednesday, July 9th. They set a "buy" rating and a $220.00 price target on the stock. KGI Securities assumed coverage on Philip Morris International in a research report on Monday, August 4th. They set an "outperform" rating on the stock. Finally, Wall Street Zen lowered Philip Morris International from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Twelve equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price 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.

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