Independent Solutions Wealth Management LLC Has $3.98 Million Stock Holdings in Philip Morris International Inc. $PM

Independent Solutions Wealth Management LLC raised its stake in shares of Philip Morris International Inc. (NYSE:PM) by 1.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,833 shares of the company’s stock after purchasing an additional 405 shares during the period. Independent Solutions Wealth Management LLC’s holdings in Philip Morris International were worth $3,976,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PM. Brighton Jones LLC grew its stake in shares of Philip Morris International by 31.1% in 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 during the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Philip Morris International by 4.5% in 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 during the last quarter. Charter Oak Capital Management LLC acquired a new stake in shares of Philip Morris International in the first quarter worth $206,000. RDA Financial Network bought a new position in Philip Morris International in the first quarter worth $218,000. Finally, Miracle Mile Advisors LLC lifted its position in Philip Morris International by 2.2% in the first quarter. Miracle Mile Advisors LLC now owns 4,233 shares of the company’s stock worth $672,000 after purchasing an additional 93 shares during the period. Institutional investors and hedge funds own 78.63% of the company’s stock.

Philip Morris International Trading Up 0.2%

PM stock opened at $153.52 on Tuesday. The firm has a market capitalization of $238.97 billion, a PE ratio of 29.19, a PEG ratio of 2.22 and a beta of 0.46. Philip Morris International Inc. has a 1-year low of $116.12 and a 1-year high of $186.69. The business’s 50 day simple moving average is $164.73 and its 200 day simple moving average is $168.77.

Philip Morris International (NYSE:PM) last posted its earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share 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 business had revenue of $10.14 billion for the quarter, compared to analyst estimates of $10.33 billion. During the same period in the previous year, the firm earned $1.59 EPS. The firm’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, sell-side analysts predict that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Increases Dividend

The business also recently declared 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 of this dividend 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 annualized dividend and a dividend yield of 3.8%. Philip Morris International’s payout ratio is currently 111.79%.

Analyst Ratings Changes

PM has been the subject of several research reports. Wall Street Zen cut Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Barclays cut their price target on Philip Morris International from $225.00 to $220.00 and set an “overweight” rating for the company in a report on Wednesday, July 30th. Citigroup reaffirmed a “buy” rating on shares of Philip Morris International in a report on Thursday, September 4th. Needham & Company LLC reaffirmed a “buy” rating and issued a $195.00 price target on shares of Philip Morris International in a report on Wednesday, July 23rd. Finally, JPMorgan Chase & Co. lifted their price target on Philip Morris International from $175.00 to $190.00 and gave the company an “overweight” rating in a report on Thursday, July 10th. Eleven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Philip Morris International presently has an average rating of “Moderate Buy” and an average target price of $195.44.

About Philip Morris International

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.