SOA Wealth Advisors LLC. Buys 8,494 Shares of Philip Morris International Inc. $PM

Key Points

• SOA Wealth Advisors LLC increased its holdings in Philip Morris International by 31.9% in Q2, owning 35,145 shares valued at $6.4 million after acquiring an additional 8,494 shares.
• The company recently declared a quarterly dividend of $1.47, an increase from its previous dividend, with a dividend yield of 3.6% and a payout ratio of 111.79%.
• Philip Morris International reported $1.91 EPS for the latest quarter, beating estimates, and projects a Q3 2025 EPS guidance between 2.080-2.130.

SOA Wealth Advisors LLC. grew its holdings in Philip Morris International Inc. (NYSE:PM - Free Report) by 31.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 35,145 shares of the company's stock after acquiring an additional 8,494 shares during the period. SOA Wealth Advisors LLC.'s holdings in Philip Morris International were worth $6,401,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in Philip Morris International by 0.9% in the first quarter. Vanguard Group Inc. now owns 140,621,675 shares of the company's stock worth $22,320,878,000 after acquiring an additional 1,189,283 shares during the period. Wellington Management Group LLP raised its position in Philip Morris International by 26.4% in the first quarter. Wellington Management Group LLP now owns 21,840,422 shares of the company's stock worth $3,466,730,000 after acquiring an additional 4,563,632 shares during the period. Nuveen LLC bought a new position in Philip Morris International in the first quarter worth approximately $1,712,994,000. Goldman Sachs Group Inc. raised its position in Philip Morris International by 57.5% in the first quarter. Goldman Sachs Group Inc. now owns 9,794,530 shares of the company's stock worth $1,554,686,000 after acquiring an additional 3,575,158 shares during the period. Finally, Massachusetts Financial Services Co. MA increased its stake in shares of Philip Morris International by 22.2% in the first quarter. Massachusetts Financial Services Co. MA now owns 9,018,628 shares of the company's stock worth $1,431,527,000 after purchasing an additional 1,635,636 shares in the last quarter. 78.63% of the stock is currently owned by institutional investors.

Philip Morris International Trading Down 0.5%

PM stock opened at $162.16 on Wednesday. Philip Morris International Inc. has a 12 month low of $116.12 and a 12 month high of $186.69. The company has a 50-day moving average price of $165.11 and a 200 day moving average price of $168.58. The stock has a market cap of $252.42 billion, a PE ratio of 30.83, a P/E/G ratio of 2.36 and a beta of 0.49.

Philip Morris International (NYSE:PM - Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.05. The company 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 quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Sell-side 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 declared 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. The ex-dividend date is Friday, October 3rd. This represents a $5.88 annualized dividend and a dividend yield of 3.6%. This is an increase from Philip Morris International's previous quarterly dividend of $1.35. Philip Morris International's dividend payout ratio (DPR) is presently 111.79%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on PM shares. Wall Street Zen cut shares of Philip Morris International from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. JPMorgan Chase & Co. increased their price objective on shares of Philip Morris International from $175.00 to $190.00 and gave the stock an "overweight" rating in a research note on Thursday, July 10th. Citigroup reissued a "buy" rating on shares of Philip Morris International in a research note on Thursday, September 4th. Needham & Company LLC reaffirmed a "buy" rating and set a $195.00 target price on shares of Philip Morris International in a research note on Wednesday, July 23rd. Finally, Barclays cut their target price on shares of Philip Morris International from $225.00 to $220.00 and set an "overweight" rating for the company in a research note on Wednesday, July 30th. Ten equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, Philip Morris International currently has an average rating of "Moderate Buy" and a consensus price target 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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