HTG Investment Advisors Inc. Sells 154 Shares of Philip Morris International Inc. $PM

HTG Investment Advisors Inc. lowered its stake in Philip Morris International Inc. (NYSE:PM) by 11.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,237 shares of the company’s stock after selling 154 shares during the period. HTG Investment Advisors Inc.’s holdings in Philip Morris International were worth $225,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Nuveen LLC acquired a new stake in shares of Philip Morris International during the 1st quarter valued at $1,712,994,000. Wellington Management Group LLP increased its holdings 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 worth $3,466,730,000 after purchasing an additional 4,563,632 shares in the last quarter. 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 valued at $1,554,686,000 after purchasing an additional 3,575,158 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Philip Morris International by 22.2% during the first quarter. Massachusetts Financial Services Co. MA now owns 9,018,628 shares of the company’s stock valued at $1,431,527,000 after purchasing an additional 1,635,636 shares in the last quarter. Finally, AQR Capital Management LLC grew its holdings in shares of Philip Morris International by 111.1% during the first quarter. AQR Capital Management LLC now owns 3,002,216 shares of the company’s stock worth $473,660,000 after purchasing an additional 1,580,368 shares during the last quarter. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Up 0.2%

Shares of NYSE PM opened at $153.52 on Tuesday. The company has a market capitalization of $238.97 billion, a PE ratio of 29.19, a P/E/G ratio of 2.22 and a beta of 0.46. Philip Morris International Inc. has a twelve month low of $116.12 and a twelve month high of $186.69. The firm has a fifty day simple moving average of $164.73 and a 200 day simple moving average of $168.77.

Philip Morris International (NYSE:PM) last issued its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $10.14 billion for the quarter, compared to analysts’ expectations of $10.33 billion. During the same quarter in the prior year, the firm posted $1.59 earnings per share. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. As a group, equities analysts expect that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 20th. Investors of record on Friday, October 3rd will be paid a dividend of $1.47 per share. This is an increase from Philip Morris International’s previous quarterly dividend of $1.35. This represents a $5.88 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Friday, October 3rd. Philip Morris International’s payout ratio is 111.79%.

Analyst Ratings Changes

A number of brokerages recently issued reports on PM. KGI Securities assumed coverage on shares of Philip Morris International in a report on Monday, August 4th. They issued an “outperform” rating for the company. Citigroup reaffirmed a “buy” rating on shares of Philip Morris International in a research note on Thursday, September 4th. Jefferies Financial Group started coverage on shares of Philip Morris International in a report on Wednesday, July 9th. They set a “buy” rating and a $220.00 price target on the stock. Barclays decreased their price objective on Philip Morris International from $225.00 to $220.00 and set an “overweight” rating for the company in a report on Wednesday, July 30th. Finally, Wall Street Zen downgraded Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Eleven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $195.44.

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.