Philip Morris International Inc. $PM Shares Purchased by Orca Wealth Management LLC

Orca Wealth Management LLC lifted its stake in Philip Morris International Inc. (NYSE:PM) by 0.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,548 shares of the company’s stock after purchasing an additional 145 shares during the period. Philip Morris International makes up 4.2% of Orca Wealth Management LLC’s investment portfolio, making the stock its 5th largest holding. Orca Wealth Management LLC’s holdings in Philip Morris International were worth $5,017,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Beacon Financial Advisory LLC lifted its stake in shares of Philip Morris International by 92.0% in the second quarter. Beacon Financial Advisory LLC now owns 3,161 shares of the company’s stock valued at $576,000 after purchasing an additional 1,515 shares during the period. Alta Wealth Advisors LLC acquired a new stake in shares of Philip Morris International in the second quarter valued at about $229,000. Simplicity Wealth LLC lifted its stake in shares of Philip Morris International by 244.0% in the second quarter. Simplicity Wealth LLC now owns 13,650 shares of the company’s stock valued at $2,486,000 after purchasing an additional 9,682 shares during the period. Olistico Wealth LLC lifted its stake in shares of Philip Morris International by 86.1% in the second quarter. Olistico Wealth LLC now owns 629 shares of the company’s stock valued at $115,000 after purchasing an additional 291 shares during the period. Finally, Carolina Wealth Advisors LLC lifted its stake in shares of Philip Morris International by 1,113.3% in the second quarter. Carolina Wealth Advisors LLC now owns 546 shares of the company’s stock valued at $99,000 after purchasing an additional 501 shares during the period. Institutional investors and hedge funds own 78.63% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Jefferies Financial Group assumed coverage on shares of Philip Morris International in a research note on Wednesday, July 9th. They issued a “buy” rating and a $220.00 price objective for the company. Barclays cut their target price on shares of Philip Morris International from $225.00 to $220.00 and set an “overweight” rating for the company in a research report on Wednesday, July 30th. JPMorgan Chase & Co. lifted their target price on shares of Philip Morris International from $175.00 to $190.00 and gave the stock an “overweight” rating in a research report on Thursday, July 10th. Wall Street Zen cut shares of Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Finally, Needham & Company LLC restated a “buy” rating and set a $195.00 target price on shares of Philip Morris International in a research report on Wednesday, July 23rd. Eleven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Philip Morris International currently has a consensus rating of “Moderate Buy” and an average target price of $195.44.

Philip Morris International Trading Down 3.1%

Shares of PM opened at $153.09 on Friday. The stock has a market cap of $238.30 billion, a P/E ratio of 29.10, a PEG ratio of 2.22 and a beta of 0.46. Philip Morris International Inc. has a 12-month low of $116.12 and a 12-month high of $186.69. The company has a 50-day moving average of $164.82 and a two-hundred day moving average of $168.64.

Philip Morris International (NYSE:PM) last issued its quarterly 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. The business had revenue of $10.14 billion during the quarter, compared to the consensus estimate of $10.33 billion. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.59 earnings per share. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. As a group, analysts forecast 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. Stockholders of record on Friday, October 3rd will be issued a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.8%. This is a boost from Philip Morris International’s previous quarterly dividend of $1.35. The ex-dividend date is Friday, October 3rd. Philip Morris International’s payout ratio is presently 102.66%.

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.