Childress Capital Advisors LLC Buys 912 Shares of Philip Morris International Inc. $PM

Childress Capital Advisors LLC boosted its stake in shares of Philip Morris International Inc. (NYSE:PMFree Report) by 23.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,786 shares of the company’s stock after purchasing an additional 912 shares during the quarter. Childress Capital Advisors LLC’s holdings in Philip Morris International were worth $872,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in PM. Brighton Jones LLC raised its stake in Philip Morris International by 31.1% during the fourth 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 stake in Philip Morris International by 4.5% during the fourth 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. NBC Securities Inc. raised its stake in Philip Morris International by 114,433.3% during the first quarter. NBC Securities Inc. now owns 6,872 shares of the company’s stock worth $1,090,000 after acquiring an additional 6,866 shares in the last quarter. Fragasso Financial Advisors Inc raised its stake in Philip Morris International by 3.7% during the first quarter. Fragasso Financial Advisors Inc now owns 3,702 shares of the company’s stock worth $588,000 after acquiring an additional 132 shares in the last quarter. Finally, Gradient Investments LLC acquired a new position in Philip Morris International during the first quarter worth $254,000. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Trading Down 0.5%

Shares of PM opened at $162.16 on Wednesday. Philip Morris International Inc. has a 1 year low of $116.12 and a 1 year high of $186.69. The stock has a market cap of $252.42 billion, a P/E ratio of 30.83, a price-to-earnings-growth ratio of 2.36 and a beta of 0.49. The stock’s 50-day moving average price is $165.11 and its two-hundred day moving average price is $168.58.

Philip Morris International (NYSE:PMGet Free Report) last issued its earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share (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 analysts’ expectations of $10.33 billion. During the same quarter last 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 forecast that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Increases Dividend

The firm also recently disclosed 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. This is a boost from Philip Morris International’s previous quarterly dividend of $1.35. The ex-dividend date is Friday, October 3rd. This represents a $5.88 annualized dividend and a dividend yield of 3.6%. Philip Morris International’s dividend payout ratio (DPR) is presently 102.66%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on PM. Wall Street Zen lowered Philip Morris International from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Jefferies Financial Group started coverage on Philip Morris International in a research note on Wednesday, July 9th. They issued a “buy” rating and a $220.00 target price for the company. UBS Group lowered their target price on 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. Bank of America raised their target price on Philip Morris International from $182.00 to $200.00 and gave the company a “buy” rating in a research note on Wednesday, June 4th. Finally, Needham & Company LLC restated a “buy” rating and issued a $195.00 target price on shares of Philip Morris International in a research note on Wednesday, July 23rd. Ten equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $195.44.

Check Out Our Latest Research Report on Philip Morris International

Philip Morris International Profile

(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.

See Also

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

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