Aspire Capital Advisors LLC Sells 227 Shares of Philip Morris International Inc. $PM

Aspire Capital Advisors LLC trimmed its stake in Philip Morris International Inc. (NYSE:PM) by 16.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,194 shares of the company’s stock after selling 227 shares during the period. Aspire Capital Advisors LLC’s holdings in Philip Morris International were worth $217,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in PM. Brighton Jones LLC raised its position in shares of Philip Morris International by 31.1% in 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 in the last quarter. Revolve Wealth Partners LLC raised its position in shares of Philip Morris International by 4.5% in 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 in the last quarter. Ameriflex Group Inc. bought a new position in shares of Philip Morris International in the 4th quarter worth $36,000. Total Wealth Planning & Management Inc. acquired a new position in Philip Morris International during the 4th quarter valued at about $269,000. Finally, Park Square Financial Group LLC acquired a new position in Philip Morris International during the 4th quarter valued at about $41,000. 78.63% of the stock is owned by institutional investors.

Philip Morris International Stock Down 0.3%

Shares of PM opened at $163.21 on Thursday. Philip Morris International Inc. has a 52 week low of $116.12 and a 52 week high of $186.69. The company has a market capitalization of $254.04 billion, a price-to-earnings ratio of 31.03, a PEG ratio of 2.38 and a beta of 0.49. The stock’s 50-day moving average price is $166.14 and its 200-day moving average price is $168.13.

Philip Morris International (NYSE:PM) last issued its earnings results on Tuesday, July 22nd. The company reported $1.91 EPS for the quarter, topping analysts’ consensus estimates 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 firm 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 company’s revenue was up 7.1% compared to the same quarter last year. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. As a group, equities analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, October 20th. Stockholders of record on Friday, October 3rd will be paid a $1.47 dividend. 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 3.6%. Philip Morris International’s dividend payout ratio (DPR) is currently 102.66%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Citigroup reaffirmed a “buy” rating on shares of Philip Morris International in a research 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. Bank of America upped their target price on Philip Morris International from $182.00 to $200.00 and gave the company a “buy” rating in a research report on Wednesday, June 4th. Needham & Company LLC reaffirmed a “buy” rating and set a $195.00 target price on shares of Philip Morris International in a research report on Wednesday, July 23rd. Finally, Barclays reduced their target price on Philip Morris International from $225.00 to $220.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 30th. Twelve research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus 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.