Global Assets Advisory LLC Makes New $208,000 Investment in Philip Morris International Inc. $PM

Global Assets Advisory LLC bought a new stake in Philip Morris International Inc. (NYSE:PM) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 1,174 shares of the company’s stock, valued at approximately $208,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC lifted its holdings in Philip Morris International by 31.1% in the fourth quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock valued at $1,027,000 after acquiring an additional 2,023 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of Philip Morris International by 4.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock valued at $252,000 after purchasing an additional 91 shares during the last quarter. Charter Oak Capital Management LLC acquired a new position in shares of Philip Morris International in the 1st quarter valued at $206,000. RDA Financial Network purchased a new position in shares of Philip Morris International during the 1st quarter worth $218,000. Finally, Miracle Mile Advisors LLC increased its position in shares of Philip Morris International by 2.2% during the 1st quarter. Miracle Mile Advisors LLC now owns 4,233 shares of the company’s stock worth $672,000 after purchasing an additional 93 shares during the last quarter. Institutional investors and hedge funds own 78.63% of the company’s stock.

Philip Morris International Stock Up 0.2%

Shares of PM stock opened at $153.52 on Tuesday. The firm has a 50 day moving average of $164.73 and a two-hundred day moving average of $168.77. The stock 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 52 week low of $116.12 and a 52 week high of $186.69.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.05. The business 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 company’s revenue for the quarter was up 7.1% compared to the same quarter last year. 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. Analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 20th. Stockholders of record on Friday, October 3rd will be paid a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Friday, October 3rd. This is a boost from Philip Morris International’s previous quarterly dividend of $1.35. Philip Morris International’s dividend payout ratio (DPR) is 111.79%.

Analyst Ratings Changes

PM has been the topic of a number of recent analyst reports. Barclays decreased their target price on shares of 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. UBS Group lowered their price objective on shares of Philip Morris International from $177.00 to $166.00 and set a “neutral” rating for the company in a research report on Friday, September 5th. JPMorgan Chase & Co. boosted their target price on Philip Morris International from $175.00 to $190.00 and gave the company an “overweight” rating in a research report on Thursday, July 10th. KGI Securities started coverage on Philip Morris International in a research note on Monday, August 4th. They set an “outperform” rating on the stock. Finally, Jefferies Financial Group started coverage on Philip Morris International in a research note on Wednesday, July 9th. They issued a “buy” rating and a $220.00 price objective for the company. Eleven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Philip Morris International currently 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.