Philip Morris International Inc. $PM Stock Holdings Lifted by McAdam LLC

McAdam LLC grew its stake in shares of Philip Morris International Inc. (NYSE:PM) by 18.6% in the second quarter, according to its most recent filing with the SEC. The fund owned 5,624 shares of the company’s stock after acquiring an additional 881 shares during the period. McAdam LLC’s holdings in Philip Morris International were worth $1,024,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Linscomb Wealth Inc. raised its holdings in Philip Morris International by 3.3% during the 1st quarter. Linscomb Wealth Inc. now owns 83,205 shares of the company’s stock worth $13,207,000 after buying an additional 2,669 shares during the period. Mackenzie Financial Corp lifted its position in shares of Philip Morris International by 7.3% in the 1st quarter. Mackenzie Financial Corp now owns 3,583,903 shares of the company’s stock valued at $568,873,000 after acquiring an additional 242,799 shares in the last quarter. 49 Wealth Management LLC boosted its stake in Philip Morris International by 79.0% in the 1st quarter. 49 Wealth Management LLC now owns 5,334 shares of the company’s stock worth $847,000 after purchasing an additional 2,354 shares during the period. Cortland Associates Inc. MO grew its position in Philip Morris International by 704.0% during the 1st quarter. Cortland Associates Inc. MO now owns 142,950 shares of the company’s stock worth $22,690,000 after purchasing an additional 125,171 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in Philip Morris International by 24.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 439,082 shares of the company’s stock valued at $69,695,000 after purchasing an additional 87,631 shares during the period. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Trading Up 0.7%

Shares of NYSE:PM opened at $164.16 on Friday. The firm has a market cap of $255.53 billion, a price-to-earnings ratio of 31.21, a P/E/G ratio of 2.36 and a beta of 0.49. Philip Morris International Inc. has a 1 year low of $116.12 and a 1 year high of $186.69. The business has a fifty day simple moving average of $165.83 and a 200 day simple moving average of $168.22.

Philip Morris International (NYSE:PM) last issued its earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.05. Philip Morris International had a negative return on equity of 120.86% and a net margin of 9.03%.The company had revenue of $10.14 billion for the quarter, compared to analyst estimates of $10.33 billion. During the same period in the prior year, the firm posted $1.59 EPS. The business’s 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. On average, sell-side analysts forecast that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 20th. Investors of record on Friday, October 3rd will be given a dividend of $1.47 per share. The ex-dividend date of this dividend is Friday, October 3rd. This is a boost from Philip Morris International’s previous quarterly dividend of $1.35. This represents a $5.88 annualized dividend and a yield of 3.6%. Philip Morris International’s payout ratio is 102.66%.

Analyst Ratings Changes

PM has been the subject of a number of research analyst reports. Needham & Company LLC restated a “buy” rating and issued a $195.00 target price on shares of Philip Morris International in a report on Wednesday, July 23rd. Wall Street Zen downgraded Philip Morris International from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. JPMorgan Chase & Co. raised their price objective on Philip Morris International from $175.00 to $190.00 and gave the stock an “overweight” rating in a research report on Thursday, July 10th. Citigroup reaffirmed a “buy” rating on shares of Philip Morris International in a research note on Thursday, September 4th. Finally, Barclays reduced their price target on shares of Philip Morris International from $225.00 to $220.00 and set an “overweight” rating for the company in a research report on Wednesday, July 30th. Eleven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $189.40.

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.