WCG Wealth Advisors LLC Has $5.14 Million Stake in Philip Morris International Inc. $PM

Key Points

• WCG Wealth Advisors LLC reduced its stake in Philip Morris International by 9% in the first quarter, bringing its total holdings to 32,384 shares valued at approximately $5.14 million.
• Multiple institutional investors have increased their positions in Philip Morris during the same quarter, most notably Nuveen LLC with a new stake worth $1.71 billion and Goldman Sachs boosting its stake by 57.5%.
• Philip Morris International has set a Q3 2025 EPS guidance of 2.080-2.130, and analysts report a consensus target price of $186.27 for the company.

WCG Wealth Advisors LLC lowered its holdings in Philip Morris International Inc. (NYSE:PM - Free Report) by 9.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 32,384 shares of the company's stock after selling 3,219 shares during the quarter. WCG Wealth Advisors LLC's holdings in Philip Morris International were worth $5,140,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of PM. Nuveen LLC acquired a new stake in Philip Morris International in the 1st quarter valued at $1,712,994,000. Wellington Management Group LLP grew its position in 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 valued at $3,466,730,000 after purchasing an additional 4,563,632 shares during the period. GAMMA Investing LLC grew its position in 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 valued at $712,210,000 after purchasing an additional 4,464,590 shares during the period. Goldman Sachs Group Inc. grew its position in 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 valued at $1,554,686,000 after purchasing an additional 3,575,158 shares during the period. Finally, Lone Pine Capital LLC grew its position in Philip Morris International by 44.4% in the 4th quarter. Lone Pine Capital LLC now owns 6,468,372 shares of the company's stock valued at $778,469,000 after purchasing an additional 1,987,716 shares during the period. Institutional investors and hedge funds own 78.63% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on PM shares. Citigroup reissued an "overweight" rating on shares of Philip Morris International in a research report on Tuesday, July 22nd. Jefferies Financial Group began coverage on shares of Philip Morris International in a research report on Wednesday, July 9th. They issued a "buy" rating and a $220.00 price target for the company. KGI Securities began coverage on Philip Morris International in a research note on Monday, August 4th. They set an "outperform" rating on the stock. Wall Street Zen cut Philip Morris International from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. Finally, JPMorgan Chase & Co. raised their price objective on Philip Morris International from $175.00 to $190.00 and gave the company an "overweight" rating in a research note on Thursday, July 10th. Twelve analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $186.27.

Philip Morris International Price Performance

NYSE PM opened at $171.67 on Monday. The stock has a market capitalization of $267.22 billion, a price-to-earnings ratio of 32.64, a PEG ratio of 2.50 and a beta of 0.48. Philip Morris International Inc. has a one year low of $116.12 and a one year high of $186.69. The business's fifty day moving average is $173.69 and its 200-day moving average is $166.34.

Philip Morris International (NYSE:PM - Get Free Report) last released its earnings results on Tuesday, July 22nd. The company reported $1.91 EPS for the quarter, topping analysts' consensus estimates of $1.86 by $0.05. The company had revenue of $10.14 billion for the quarter, compared to analysts' expectations of $10.33 billion. Philip Morris International had a negative return on equity of 120.86% and a net margin of 9.03%.The business's revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Research analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

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. This represents a $5.40 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Friday, June 27th. Philip Morris International's payout ratio is presently 102.66%.

About Philip Morris International

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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