Worth Asset Management LLC Decreases Stake in Philip Morris International Inc. $PM

Key Points

• Worth Asset Management LLC reduced its stake in Philip Morris International by 40.1%, now holding 8,385 shares valued at approximately $1.53 million, making it the firm's 27th largest position.
• Institutional investors own 78.63% of Philip Morris International's stock, with Vanguard Group and Wellington Management significantly increasing their positions in the first quarter of the year.
• Philip Morris International set a Q3 2025 earnings guidance of $2.080-$2.130 EPS, with an average rating of "Moderate Buy" and a consensus price target of $184.91 among analysts.

Worth Asset Management LLC trimmed its holdings in Philip Morris International Inc. (NYSE:PM - Free Report) by 40.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,385 shares of the company's stock after selling 5,623 shares during the quarter. Philip Morris International comprises about 0.8% of Worth Asset Management LLC's portfolio, making the stock its 27th biggest position. Worth Asset Management LLC's holdings in Philip Morris International were worth $1,527,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Global Financial Private Client LLC boosted its stake in Philip Morris International by 211.2% during the second quarter. Global Financial Private Client LLC now owns 3,952 shares of the company's stock valued at $720,000 after buying an additional 2,682 shares during the period. Peoples Bank KS raised its position in Philip Morris International by 4.4% during the second quarter. Peoples Bank KS now owns 2,993 shares of the company's stock valued at $545,000 after purchasing an additional 125 shares during the period. Ferguson Wellman Capital Management Inc. boosted its position in Philip Morris International by 2.5% during the 2nd quarter. Ferguson Wellman Capital Management Inc. now owns 607,200 shares of the company's stock valued at $110,589,000 after acquiring an additional 15,029 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Philip Morris International by 13.4% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 498,082 shares of the company's stock worth $89,097,000 after purchasing an additional 59,000 shares during the last quarter. Finally, Wedmont Private Capital increased its position in shares of Philip Morris International by 30.5% in the second quarter. Wedmont Private Capital now owns 37,491 shares of the company's stock valued at $6,673,000 after buying an additional 8,761 shares in the last quarter. 78.63% of the stock is owned by hedge funds and other institutional investors.

Philip Morris International Stock Performance

Shares of NYSE:PM traded up $1.08 during mid-day trading on Friday, hitting $162.84. The stock had a trading volume of 10,479,787 shares, compared to its average volume of 5,246,326. The company has a market cap of $253.48 billion, a PE ratio of 30.96, a P/E/G ratio of 2.36 and a beta of 0.49. Philip Morris International Inc. has a 12-month low of $116.12 and a 12-month high of $186.69. The company's 50 day moving average is $167.26 and its 200-day moving average is $168.01.

Philip Morris International (NYSE:PM - Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 EPS 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 analysts' expectations of $10.33 billion. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. During the same period in the prior year, the firm earned $1.59 earnings per share. Philip Morris International's revenue was up 7.1% compared to the same quarter last year. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. On average, equities research analysts predict that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 20th. Stockholders of record on Friday, October 3rd will be issued a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Friday, October 3rd. This is a positive change from Philip Morris International's previous quarterly dividend of $1.35. Philip Morris International's dividend payout ratio (DPR) is presently 102.66%.

Wall Street Analyst Weigh In

PM has been the topic of a number of research analyst reports. Barclays reduced their price target on shares of Philip Morris International from $225.00 to $220.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 30th. Bank of America lifted their price target on shares of Philip Morris International from $182.00 to $200.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. Jefferies Financial Group started coverage on Philip Morris International in a research note on Wednesday, July 9th. They issued a "buy" rating and a $220.00 price target on the stock. UBS Group cut their price objective on shares of Philip Morris International from $177.00 to $166.00 and set a "neutral" rating on the stock in a report on Friday, September 5th. Finally, Wall Street Zen cut shares of 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 issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus 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.