RKL Wealth Management LLC Has $2.63 Million Stock Position in Philip Morris International Inc. $PM

RKL Wealth Management LLC grew its position in Philip Morris International Inc. (NYSE:PM) by 0.8% in the second quarter, Holdings Channel.com reports. The fund owned 14,428 shares of the company’s stock after buying an additional 120 shares during the period. RKL Wealth Management LLC’s holdings in Philip Morris International were worth $2,628,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Abound Wealth Management grew its stake in shares of 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 purchasing an additional 136 shares during the period. Kelly Lawrence W & Associates Inc. CA bought a new stake in Philip Morris International during the first quarter worth about $30,000. CBIZ Investment Advisory Services LLC raised its holdings in 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 acquiring an additional 162 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd bought a new stake in Philip Morris International during the first quarter worth about $34,000. Finally, Redmont Wealth Advisors LLC bought a new stake in Philip Morris International during the first quarter worth about $35,000. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Trading Down 0.8%

Philip Morris International stock opened at $160.87 on Thursday. Philip Morris International Inc. has a 12 month low of $116.12 and a 12 month high of $186.69. The stock’s 50 day moving average is $165.04 and its 200-day moving average is $168.53. The company has a market capitalization of $250.41 billion, a price-to-earnings ratio of 30.58, a PEG ratio of 2.35 and a beta of 0.46.

Philip Morris International (NYSE:PM) last posted its earnings results on Tuesday, July 22nd. The company reported $1.91 EPS for the quarter, beating 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 the consensus estimate of $10.33 billion. During the same quarter in the prior year, the business earned $1.59 earnings per share. The firm’s revenue for the quarter 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. As a group, equities research analysts predict that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, October 20th. Investors 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 3.7%. This is an increase from Philip Morris International’s previous quarterly dividend of $1.35. The ex-dividend date is Friday, October 3rd. Philip Morris International’s dividend payout ratio is presently 102.66%.

Analyst Ratings Changes

PM has been the topic of several analyst reports. Jefferies Financial Group initiated coverage on Philip Morris International in a report on Wednesday, July 9th. They set a “buy” rating and a $220.00 target price on the stock. Citigroup reiterated a “buy” rating on shares of Philip Morris International in a report on Thursday, September 4th. KGI Securities assumed coverage on Philip Morris International in a research report on Monday, August 4th. They set an “outperform” rating on the stock. Wall Street Zen downgraded Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Finally, UBS Group lowered their price target on Philip Morris International from $177.00 to $166.00 and set a “neutral” rating on the stock in a research report on Friday, September 5th. Ten research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $195.44.

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.