U.S. Capital Wealth Advisors LLC Has $11.92 Million Stake in Philip Morris International Inc. $PM

Key Points

• U.S. Capital Wealth Advisors LLC increased its stake in Philip Morris International by 59.8%, owning 65,418 shares valued at approximately $11.92 million.
• Philip Morris International announced a quarterly dividend of $1.47 per share, raising its annualized dividend yield to 3.6% following a previous dividend of $1.35.
• Wall Street analysts maintain a "Moderate Buy" consensus rating for Philip Morris International, with a target price averaging $184.91 amid varying price objectives from several brokerages.

U.S. Capital Wealth Advisors LLC boosted its position in Philip Morris International Inc. (NYSE:PM - Free Report) by 59.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 65,418 shares of the company's stock after buying an additional 24,485 shares during the period. U.S. Capital Wealth Advisors LLC's holdings in Philip Morris International were worth $11,915,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of PM. Abound Wealth Management lifted its stake in shares of Philip Morris International by 566.7% in 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 during the period. Kelly Lawrence W & Associates Inc. CA acquired a new position in Philip Morris International in the first quarter valued at approximately $30,000. CBIZ Investment Advisory Services LLC lifted its stake in Philip Morris International by 405.0% in the first quarter. CBIZ Investment Advisory Services LLC now owns 202 shares of the company's stock valued at $32,000 after buying an additional 162 shares during the period. Clal Insurance Enterprises Holdings Ltd acquired a new position in Philip Morris International in the first quarter valued at approximately $34,000. Finally, Pacifica Partners Inc. lifted its stake in Philip Morris International by 115.0% in the first quarter. Pacifica Partners Inc. now owns 215 shares of the company's stock valued at $35,000 after buying an additional 115 shares during the period. Institutional investors and hedge funds own 78.63% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on PM. Barclays dropped their price objective on shares of Philip Morris International from $225.00 to $220.00 and set an "overweight" rating on the stock in a report on Wednesday, July 30th. Wall Street Zen lowered Philip Morris International from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. UBS Group lowered their target price 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. Bank of America upped their price objective on shares of Philip Morris International from $182.00 to $200.00 and gave the stock a "buy" rating in a report on Wednesday, June 4th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Philip Morris International from $175.00 to $190.00 and gave the stock an "overweight" rating in a report on Thursday, July 10th. Twelve investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $184.91.

Philip Morris International Stock Performance

Shares of PM opened at $162.84 on Monday. The firm has a market cap of $253.47 billion, a P/E ratio of 30.96, a price-to-earnings-growth ratio of 2.36 and a beta of 0.49. The business has a 50-day moving average of $167.26 and a 200 day moving average of $168.11. Philip Morris International Inc. has a fifty-two week low of $116.12 and a fifty-two week high of $186.69.

Philip Morris International (NYSE:PM - Get Free Report) last posted its earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.05. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The firm had revenue of $10.14 billion during the quarter, compared to the consensus estimate of $10.33 billion. During the same quarter last year, the company earned $1.59 earnings per share. 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, research analysts predict that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, October 20th. Shareholders of record on Friday, October 3rd will be issued a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Friday, October 3rd. This is a boost from Philip Morris International's previous quarterly dividend of $1.35. Philip Morris International's payout ratio 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.

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