Traphagen Investment Advisors LLC Grows Stake in Philip Morris International Inc. $PM

Traphagen Investment Advisors LLC grew its position in shares of Philip Morris International Inc. (NYSE:PMFree Report) by 17.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,659 shares of the company’s stock after purchasing an additional 996 shares during the period. Traphagen Investment Advisors LLC’s holdings in Philip Morris International were worth $1,213,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in shares of Philip Morris International by 31.1% during the 4th quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after acquiring an additional 2,023 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Philip Morris International by 4.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock worth $252,000 after acquiring an additional 91 shares during the last quarter. Miracle Mile Advisors LLC lifted its holdings 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 acquiring an additional 93 shares during the last quarter. Courier Capital LLC lifted its holdings in shares of Philip Morris International by 3.2% during the 1st quarter. Courier Capital LLC now owns 4,039 shares of the company’s stock worth $641,000 after acquiring an additional 125 shares during the last quarter. Finally, NewSquare Capital LLC lifted its holdings in shares of Philip Morris International by 191.3% during the 1st quarter. NewSquare Capital LLC now owns 600 shares of the company’s stock worth $95,000 after acquiring an additional 394 shares during the last quarter. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on PM shares. UBS Group lowered their price target on shares of Philip Morris International from $177.00 to $166.00 and set a “neutral” rating for the company in a research note on Friday, September 5th. Wall Street Zen downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. JPMorgan Chase & Co. boosted their price target on shares of Philip Morris International from $175.00 to $190.00 and gave the stock an “overweight” rating in a research note on Thursday, July 10th. KGI Securities started coverage on shares of Philip Morris International in a research note on Monday, August 4th. They issued an “outperform” rating for the company. Finally, Jefferies Financial Group started coverage on shares of Philip Morris International in a research note on Wednesday, July 9th. They issued a “buy” rating and a $220.00 price target for the company. Eleven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $195.44.

View Our Latest Research Report on Philip Morris International

Philip Morris International Stock Performance

Shares of PM opened at $154.53 on Wednesday. The stock has a market cap of $240.53 billion, a PE ratio of 29.38, a price-to-earnings-growth 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 firm’s 50-day simple moving average is $164.57 and its two-hundred day simple moving average is $168.67.

Philip Morris International (NYSE:PMGet Free Report) last posted its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.05. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The firm had revenue of $10.14 billion for the quarter, compared to analysts’ expectations of $10.33 billion. During the same quarter in the prior year, the company posted $1.59 earnings per share. The business’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. Equities research analysts predict that Philip Morris International Inc. will post 7.14 EPS 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. Stockholders of record on Friday, October 3rd will be issued a dividend of $1.47 per share. The ex-dividend date is Friday, October 3rd. This is a positive change from Philip Morris International’s previous quarterly dividend of $1.35. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.8%. Philip Morris International’s dividend payout ratio is currently 111.79%.

About Philip Morris International

(Free Report)

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.

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Institutional Ownership by Quarter for Philip Morris International (NYSE:PM)

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