Blue Rock Wealth Management LLC Makes New Investment in Philip Morris International Inc. $PM

Blue Rock Wealth Management LLC bought a new position in Philip Morris International Inc. (NYSE:PM) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,150 shares of the company’s stock, valued at approximately $341,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Perigon Wealth Management LLC boosted its stake in shares of Philip Morris International by 0.4% in the first quarter. Perigon Wealth Management LLC now owns 14,087 shares of the company’s stock worth $2,236,000 after buying an additional 60 shares during the last quarter. TBH Global Asset Management LLC raised its holdings in Philip Morris International by 0.9% in the 1st quarter. TBH Global Asset Management LLC now owns 6,932 shares of the company’s stock worth $1,100,000 after purchasing an additional 61 shares during the period. NFP Retirement Inc. raised its holdings in Philip Morris International by 2.5% in the 1st quarter. NFP Retirement Inc. now owns 2,589 shares of the company’s stock worth $411,000 after purchasing an additional 62 shares during the period. Capital Advisors Wealth Management LLC raised its holdings in Philip Morris International by 2.1% in the 1st quarter. Capital Advisors Wealth Management LLC now owns 3,005 shares of the company’s stock worth $477,000 after purchasing an additional 63 shares during the period. Finally, Renasant Bank raised its holdings in Philip Morris International by 3.3% in the 1st quarter. Renasant Bank now owns 1,994 shares of the company’s stock worth $317,000 after purchasing an additional 63 shares during the period. 78.63% of the stock is owned by institutional investors.

Philip Morris International Stock Up 1.3%

PM opened at $164.84 on Wednesday. Philip Morris International Inc. has a 52 week low of $116.12 and a 52 week high of $186.69. The business has a fifty day simple moving average of $169.57 and a 200-day simple moving average of $167.51. The firm has a market cap of $256.59 billion, a P/E ratio of 31.34, a P/E/G ratio of 2.36 and a beta of 0.49.

Philip Morris International (NYSE:PM) last released its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 EPS 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 business had revenue of $10.14 billion during the quarter, compared to analyst estimates of $10.33 billion. During the same period last year, the business posted $1.59 earnings per share. The company’s quarterly revenue was up 7.1% on a year-over-year basis. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Sell-side analysts expect that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Friday, June 27th were issued a $1.35 dividend. This represents a $5.40 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend was Friday, June 27th. Philip Morris International’s payout ratio is presently 102.66%.

Analysts Set New Price Targets

PM has been the subject of a number of analyst reports. JPMorgan Chase & Co. upped their price target on Philip Morris International from $175.00 to $190.00 and gave the stock an “overweight” rating in a report on Thursday, July 10th. Barclays reduced their price target 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. UBS Group reduced their price target on Philip Morris International from $177.00 to $166.00 and set a “neutral” rating for the company in a report on Friday, September 5th. Needham & Company LLC reissued a “buy” rating and set a $195.00 target price on shares of Philip Morris International in a report on Wednesday, July 23rd. Finally, Bank of America increased their target price on Philip Morris International from $182.00 to $200.00 and gave the company a “buy” rating in a report on Wednesday, June 4th. Twelve research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $184.91.

Philip Morris International Company 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.