Waverly Advisors LLC Acquires 4,106 Shares of Philip Morris International Inc. $PM

Waverly Advisors LLC grew its holdings in Philip Morris International Inc. (NYSE:PM) by 4.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 91,689 shares of the company’s stock after acquiring an additional 4,106 shares during the period. Waverly Advisors LLC’s holdings in Philip Morris International were worth $15,160,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. AG Campbell Advisory LLC acquired a new stake in shares of Philip Morris International in the 4th quarter valued at $25,000. Portfolio Resources Advisor Group Inc. bought a new position in Philip Morris International during the fourth quarter valued at about $26,000. Richards Merrill & Peterson Inc. bought a new position in Philip Morris International during the fourth quarter valued at about $28,000. Vermillion Wealth Management Inc. lifted its position in shares of Philip Morris International by 146.5% in the first quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock worth $29,000 after buying an additional 104 shares during the last quarter. Finally, Safe Harbor Fiduciary LLC acquired a new position in shares of Philip Morris International during the 4th quarter valued at about $29,000. Institutional investors own 78.63% of the company’s stock.

Analyst Upgrades and Downgrades

PM has been the subject of several analyst reports. BTIG Research set a $221.00 target price on Philip Morris International and gave the stock a “buy” rating in a report on Friday. Morgan Stanley increased their price target on Philip Morris International from $200.00 to $215.00 and gave the company an “overweight” rating in a report on Thursday. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Bank of America restated a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Finally, UBS Group upped their price objective on shares of Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a report on Thursday, July 2nd. Eleven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $202.00.

Key Headlines Impacting Philip Morris International

Here are the key news stories impacting Philip Morris International this week:

• Positive Sentiment: Philip Morris delivered a strong Q2 beat, with revenue and EPS topping estimates on the back of smoke-free product growth, which supports the stock’s bullish case. Philip Morris Trimmed Guidance, But Its Growth Story Looks Unshaken
• Positive Sentiment: Stifel and Needham both raised their price targets and kept buy ratings, signaling confidence that the company’s growth and margin trends can continue. Analyst price target raise coverage
• Positive Sentiment: BTIG upgraded Philip Morris to strong-buy, adding to the broader analyst optimism around the stock after earnings. BTIG upgrade coverage
• Neutral Sentiment: The company plans to increase spending to expand ZYN, which shows confidence in growth but also raises questions about near-term expense pressure. Philip Morris Ramps Spending to Grow Zyn Brand
• Neutral Sentiment: Some commentary argues the stock’s valuation is already rich, so even a solid quarter may not be enough to drive much more upside without continued execution. Philip Morris Q2: A Solid Quarter Isn’t Enough At This Price
• Negative Sentiment: Philip Morris trimmed full-year EPS guidance, which could limit enthusiasm despite the strong quarter and ongoing smoke-free momentum. Philip Morris Trimmed Guidance, But Its Growth Story Looks Unshaken

Philip Morris International Stock Performance

NYSE PM opened at $192.84 on Monday. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $199.78. The stock has a market capitalization of $300.55 billion, a PE ratio of 27.71, a P/E/G ratio of 2.28 and a beta of 0.38. The stock has a 50-day simple moving average of $182.79 and a 200 day simple moving average of $175.57.

Philip Morris International (NYSE:PM) last announced its earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share for the quarter, beating the consensus estimate of $2.05 by $0.15. The firm had revenue of $11.19 billion during the quarter, compared to the consensus estimate of $10.60 billion. Philip Morris International had a negative return on equity of 163.41% and a net margin of 11.06%.The firm’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.89 EPS. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. As a group, equities research analysts forecast that Philip Morris International Inc. will post 8.35 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 20th. Stockholders of record on Thursday, June 25th were given a $1.47 dividend. This represents a $5.88 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Thursday, June 25th. Philip Morris International’s dividend payout ratio is currently 84.48%.

Philip Morris International Company Profile

Philip Morris International Inc (NYSE: PM) is a global tobacco company that manufactures and sells cigarettes, other nicotine-containing products and a growing portfolio of smoke-free alternatives for adult smokers. The firm traces its corporate roots to the 19th century Philip Morris enterprise and was established as an independent, publicly traded company following a 2008 separation from what is now Altria. Since the spin-off, the company has focused on serving international markets outside the United States.

PMI’s product mix includes traditional combustible cigarettes as well as smoke-free offerings such as heated tobacco systems and other reduced-risk products.