SGL Investment Advisors Inc. Has $428,000 Holdings in Philip Morris International Inc. $PM

SGL Investment Advisors Inc. lifted its stake in shares of Philip Morris International Inc. (NYSE:PM) by 24.3% during the 2nd quarter, HoldingsChannel reports. The firm owned 2,407 shares of the company’s stock after acquiring an additional 470 shares during the period. SGL Investment Advisors Inc.’s holdings in Philip Morris International were worth $428,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Independent Solutions Wealth Management LLC grew its stake in shares of Philip Morris International by 1.9% during the second quarter. Independent Solutions Wealth Management LLC now owns 21,833 shares of the company’s stock worth $3,976,000 after buying an additional 405 shares during the last quarter. Shell Asset Management Co. boosted its holdings in shares of Philip Morris International by 44.0% during the 2nd quarter. Shell Asset Management Co. now owns 63,082 shares of the company’s stock valued at $11,489,000 after acquiring an additional 19,284 shares in the last quarter. TriaGen Wealth Management LLC grew its position in Philip Morris International by 25.3% during the 2nd quarter. TriaGen Wealth Management LLC now owns 2,433 shares of the company’s stock worth $443,000 after acquiring an additional 491 shares during the last quarter. Joel Isaacson & Co. LLC increased its holdings in Philip Morris International by 33.0% in the 2nd quarter. Joel Isaacson & Co. LLC now owns 9,245 shares of the company’s stock worth $1,684,000 after purchasing an additional 2,292 shares in the last quarter. Finally, Hardy Reed LLC raised its position in Philip Morris International by 3.9% in the second quarter. Hardy Reed LLC now owns 10,451 shares of the company’s stock valued at $1,903,000 after purchasing an additional 390 shares during the last quarter. Institutional investors own 78.63% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Needham & Company LLC restated a “buy” rating and issued a $195.00 price target on shares of Philip Morris International in a research report on Wednesday, July 23rd. Jefferies Financial Group began coverage on Philip Morris International in a research report on Wednesday, July 9th. They set a “buy” rating and a $220.00 target price for the company. Wall Street Zen cut Philip Morris International from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. JPMorgan Chase & Co. lifted their price objective on Philip Morris International from $175.00 to $190.00 and gave the stock an “overweight” rating in a research note on Thursday, July 10th. Finally, UBS Group decreased their target price 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. Eleven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $195.44.

Philip Morris International Stock Performance

Shares of PM stock opened at $153.52 on Tuesday. The company has a market cap of $238.97 billion, a P/E ratio of 29.19, a PEG ratio of 2.22 and a beta of 0.46. Philip Morris International Inc. has a fifty-two week low of $116.12 and a fifty-two week high of $186.69. The stock has a 50 day simple moving average of $164.73 and a two-hundred day simple moving average of $168.77.

Philip Morris International (NYSE:PM) last released its earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.05. The company had revenue of $10.14 billion for the quarter, compared to the consensus estimate of $10.33 billion. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. Philip Morris International’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. On average, research analysts predict that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Increases Dividend

The company 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 dividend of $1.47 per share. This is an increase from Philip Morris International’s previous quarterly dividend of $1.35. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $5.88 dividend on an annualized basis and a yield of 3.8%. Philip Morris International’s dividend payout ratio (DPR) is currently 111.79%.

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.