LexAurum Advisors LLC Has $521,000 Stock Holdings in Philip Morris International Inc. $PM

LexAurum Advisors LLC lowered its holdings in shares of Philip Morris International Inc. (NYSE:PMFree Report) by 7.6% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,862 shares of the company’s stock after selling 237 shares during the period. LexAurum Advisors LLC’s holdings in Philip Morris International were worth $521,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. PFS Partners LLC raised its stake in Philip Morris International by 24.8% during the second quarter. PFS Partners LLC now owns 292 shares of the company’s stock worth $53,000 after acquiring an additional 58 shares in the last quarter. Perigon Wealth Management LLC grew its holdings in shares of Philip Morris International by 0.4% during the 1st quarter. Perigon Wealth Management LLC now owns 14,087 shares of the company’s stock valued at $2,236,000 after purchasing an additional 60 shares during the last quarter. TBH Global Asset Management LLC increased its position in Philip Morris International by 0.9% during the 1st quarter. TBH Global Asset Management LLC now owns 6,932 shares of the company’s stock worth $1,100,000 after purchasing an additional 61 shares in the last quarter. Uncommon Cents Investing LLC lifted its stake in Philip Morris International by 1.1% in the 2nd quarter. Uncommon Cents Investing LLC now owns 5,666 shares of the company’s stock valued at $1,032,000 after purchasing an additional 61 shares during the last quarter. Finally, NFP Retirement Inc. boosted its position in Philip Morris International by 2.5% in the first quarter. NFP Retirement Inc. now owns 2,589 shares of the company’s stock valued at $411,000 after buying an additional 62 shares in the last quarter. 78.63% of the stock is owned by institutional investors and hedge funds.

Philip Morris International Trading Down 0.5%

Shares of PM opened at $162.16 on Wednesday. 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 Inc. has a 12 month low of $116.12 and a 12 month high of $186.69. The company has a market capitalization of $252.42 billion, a PE ratio of 30.83, a PEG ratio of 2.36 and a beta of 0.49.

Philip Morris International (NYSE:PMGet Free Report) last issued its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $10.14 billion during the quarter, compared to analysts’ expectations of $10.33 billion. During the same quarter in the prior year, the firm posted $1.59 earnings per share. The business’s quarterly revenue 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 fiscal year.

Philip Morris International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, October 20th. Shareholders of record on Friday, October 3rd will be issued a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.6%. The ex-dividend date is Friday, October 3rd. This is a positive change from Philip Morris International’s previous quarterly dividend of $1.35. Philip Morris International’s dividend payout ratio (DPR) is 102.66%.

Wall Street Analyst Weigh In

PM has been the subject of several research analyst reports. Wall Street Zen downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. KGI Securities started coverage on Philip Morris International in a report on Monday, August 4th. They issued an “outperform” rating for the company. Citigroup reiterated a “buy” rating on shares of Philip Morris International in a research report on Thursday, September 4th. Barclays reduced their price target on Philip Morris International from $225.00 to $220.00 and set an “overweight” rating on the stock in a report on Wednesday, July 30th. Finally, Bank of America raised their price objective on shares of Philip Morris International from $182.00 to $200.00 and gave the company a “buy” rating in a report on Wednesday, June 4th. Ten investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $195.44.

Get Our Latest Research Report on Philip Morris International

Philip Morris International Company 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.

Further Reading

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

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