Simplicity Wealth LLC Purchases 9,682 Shares of Philip Morris International Inc. $PM

Key Points

• Simplicity Wealth LLC significantly increased its stake in Philip Morris International Inc. by 244% during Q2, acquiring an additional 9,682 shares, bringing its total holdings to 13,650 shares valued at approximately $2.49 million.
• The company's quarterly dividend was raised to $1.47 per share, representing an annualized dividend of $5.88 and a yield of 3.8%, with a payout ratio of 111.79%.
• Philip Morris recently announced earnings of $1.91 per share, exceeding estimates, while forecasting a Q3 2025 EPS in the range of $2.080-$2.130.

Simplicity Wealth LLC lifted its position in shares of Philip Morris International Inc. (NYSE:PM - Free Report) by 244.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,650 shares of the company's stock after purchasing an additional 9,682 shares during the quarter. Simplicity Wealth LLC's holdings in Philip Morris International were worth $2,486,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in PM. Abound Wealth Management lifted its holdings in shares of Philip Morris International by 566.7% during the 2nd quarter. Abound Wealth Management now owns 160 shares of the company's stock valued at $29,000 after purchasing an additional 136 shares in the last quarter. Kelly Lawrence W & Associates Inc. CA bought a new stake in Philip Morris International during the 1st quarter worth approximately $30,000. CBIZ Investment Advisory Services LLC raised its holdings in Philip Morris International by 405.0% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 202 shares of the company's stock worth $32,000 after buying an additional 162 shares during the period. Clal Insurance Enterprises Holdings Ltd bought a new position in Philip Morris International in the first quarter valued at approximately $34,000. Finally, Redmont Wealth Advisors LLC acquired a new position in shares of Philip Morris International in the first quarter valued at approximately $35,000. Institutional investors own 78.63% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. KGI Securities started coverage on shares of Philip Morris International in a report on Monday, August 4th. They set an "outperform" rating on the stock. Barclays dropped their price target on 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. UBS Group reduced their price objective on Philip Morris International from $177.00 to $166.00 and set a "neutral" rating for the company in a research report on Friday, September 5th. Weiss Ratings reissued a "buy (b)" rating on shares of Philip Morris International in a research report on Saturday, September 27th. Finally, Citigroup restated a "buy" rating on shares of Philip Morris International in a research note on Thursday, September 4th. Eleven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $195.44.

Philip Morris International Stock Down 3.1%

NYSE:PM opened at $153.09 on Monday. Philip Morris International Inc. has a twelve month low of $116.12 and a twelve month high of $186.69. The firm has a market capitalization of $238.30 billion, a price-to-earnings ratio of 29.10, a price-to-earnings-growth ratio of 2.22 and a beta of 0.46. The stock's 50 day moving average price is $164.82 and its two-hundred day moving average price is $168.76.

Philip Morris International (NYSE:PM - Get Free Report) last released 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. The business had revenue of $10.14 billion during 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%. The firm's revenue was up 7.1% on a year-over-year basis. During the same period last year, the business earned $1.59 earnings per share. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. As a group, analysts anticipate that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 20th. Stockholders of record on Friday, October 3rd will be paid a dividend of $1.47 per share. The ex-dividend date is Friday, October 3rd. This represents a $5.88 annualized dividend and a dividend yield of 3.8%. This is a boost from Philip Morris International's previous quarterly dividend of $1.35. Philip Morris International's dividend payout ratio (DPR) is presently 111.79%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.