1,802 Shares in Philip Morris International Inc. $PM Purchased by Warwick Investment Management Inc.

Key Points

• Warwick Investment Management Inc. has purchased 1,802 shares of Philip Morris International Inc., valued at approximately $286,000, signaling institutional interest in the company's stock.
• Philip Morris International reported a quarterly revenue of $10.14 billion, with earnings per share of $1.91, exceeding analysts' expectations of $1.86.
• The company announced a quarterly dividend of $1.35, representing a dividend yield of 3.2%, highlighting its commitment to returning value to shareholders.

Warwick Investment Management Inc. bought a new position in Philip Morris International Inc. (NYSE:PM - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,802 shares of the company's stock, valued at approximately $286,000.

Several other large investors have also made changes to their positions in PM. Nuveen LLC purchased a new position in shares of Philip Morris International in the 1st quarter worth $1,712,994,000. Wellington Management Group LLP raised its position in shares of Philip Morris International by 26.4% in the 1st quarter. Wellington Management Group LLP now owns 21,840,422 shares of the company's stock worth $3,466,730,000 after buying an additional 4,563,632 shares during the period. GAMMA Investing LLC raised its position in shares of Philip Morris International by 19,986.5% in the 1st quarter. GAMMA Investing LLC now owns 4,486,928 shares of the company's stock worth $712,210,000 after buying an additional 4,464,590 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Philip Morris International by 57.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,794,530 shares of the company's stock worth $1,554,686,000 after buying an additional 3,575,158 shares during the period. Finally, Massachusetts Financial Services Co. MA raised its position in shares of Philip Morris International by 22.2% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 9,018,628 shares of the company's stock worth $1,431,527,000 after buying an additional 1,635,636 shares during the period. 78.63% of the stock is owned by hedge funds and other institutional investors.

Philip Morris International Stock Up 0.8%

Shares of Philip Morris International stock traded up $1.38 during trading hours on Friday, hitting $167.15. 5,357,997 shares of the company's stock traded hands, compared to its average volume of 4,950,581. The stock has a 50 day simple moving average of $172.04 and a 200-day simple moving average of $166.75. The company has a market cap of $260.18 billion, a PE ratio of 31.78, a PEG ratio of 2.41 and a beta of 0.48. Philip Morris International Inc. has a twelve month low of $116.12 and a twelve month high of $186.69.

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. The company had revenue of $10.14 billion during the quarter, compared to the consensus estimate of $10.33 billion. Philip Morris International had a negative return on equity of 120.86% and a net margin of 9.03%.The company's revenue was up 7.1% on a year-over-year basis. During the same period last year, the firm earned $1.59 earnings per share. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. As a group, equities research analysts predict that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Friday, June 27th were paid a dividend of $1.35 per share. The ex-dividend date was Friday, June 27th. This represents a $5.40 annualized dividend and a dividend yield of 3.2%. Philip Morris International's dividend payout ratio (DPR) is currently 102.66%.

Analysts Set New Price Targets

PM has been the topic of several research reports. Barclays cut their target price on Philip Morris International from $225.00 to $220.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 30th. KGI Securities began coverage on Philip Morris International in a report on Monday, August 4th. They issued an "outperform" rating for the company. Citigroup reiterated an "overweight" rating on shares of Philip Morris International in a report on Tuesday, July 22nd. UBS Group increased their price target on Philip Morris International from $170.00 to $181.00 and gave the company a "neutral" rating in a report on Monday, July 14th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $195.00 price target on shares of Philip Morris International in a report on Wednesday, July 23rd. Twelve 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 company has an average rating of "Moderate Buy" and a consensus price target of $186.27.

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.