Yeomans Consulting Group Inc. Grows Holdings in Philip Morris International Inc. $PM

Key Points

• Yeomans Consulting Group Inc. increased its holdings in Philip Morris International by 87.4%, owning 3,528 shares worth approximately $626,000 at the end of the second quarter.
• Philip Morris International recently declared a quarterly dividend of $1.47 per share, an increase from the prior dividend of $1.35, resulting in a yield of 3.7%.
• Wall Street analysts maintain a consensus rating of "Moderate Buy" for Philip Morris International, with a target price of $195.44 and multiple firms issuing buy ratings.

Yeomans Consulting Group Inc. lifted its position in shares of Philip Morris International Inc. (NYSE:PM - Free Report) by 87.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,528 shares of the company's stock after buying an additional 1,645 shares during the quarter. Yeomans Consulting Group Inc.'s holdings in Philip Morris International were worth $626,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Abound Wealth Management boosted its position in Philip Morris International by 566.7% during the second quarter. Abound Wealth Management now owns 160 shares of the company's stock worth $29,000 after acquiring an additional 136 shares during the last quarter. Kelly Lawrence W & Associates Inc. CA acquired a new stake in shares of Philip Morris International during the first quarter worth $30,000. CBIZ Investment Advisory Services LLC boosted its holdings in shares of Philip Morris International by 405.0% during the first quarter. CBIZ Investment Advisory Services LLC now owns 202 shares of the company's stock worth $32,000 after purchasing an additional 162 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of Philip Morris International in the first quarter valued at $34,000. Finally, Redmont Wealth Advisors LLC acquired a new position in Philip Morris International in the first quarter valued at $35,000. Institutional investors and hedge funds own 78.63% of the company's stock.

Wall Street Analysts Forecast Growth

PM has been the topic of a number of research analyst reports. KGI Securities started coverage on Philip Morris International in a research note on Monday, August 4th. They issued an "outperform" rating on the stock. 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 target price on the stock. Citigroup reaffirmed a "buy" rating on shares of Philip Morris International in a research report on Thursday, September 4th. UBS Group cut their price target on shares of Philip Morris International from $177.00 to $166.00 and set a "neutral" rating on the stock in a research note on Friday, September 5th. Finally, Barclays lowered their price objective 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 assigned a Hold rating to the company's stock. According to MarketBeat, Philip Morris International presently has a consensus rating of "Moderate Buy" and a consensus target price of $195.44.

Philip Morris International Stock Down 2.0%

NYSE PM opened at $157.71 on Friday. The stock has a market cap of $245.48 billion, a PE ratio of 29.98, a P/E/G ratio of 2.33 and a beta of 0.46. Philip Morris International Inc. has a fifty-two week low of $116.12 and a fifty-two week high of $186.69. The business has a 50 day moving average price of $164.97 and a two-hundred day moving average price of $168.55.

Philip Morris International (NYSE:PM - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.86 by $0.05. The company had revenue of $10.14 billion for the quarter, compared to analyst estimates of $10.33 billion. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The business's quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.59 earnings per share. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Sell-side analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 20th. Shareholders of record on Friday, October 3rd will be given a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Friday, October 3rd. This is an increase from Philip Morris International's previous quarterly dividend of $1.35. Philip Morris International's dividend payout ratio is currently 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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