Philip Morris International Inc. $PM Shares Sold by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC trimmed its holdings in Philip Morris International Inc. (NYSE:PM) by 31.5% during the second quarter, Holdings Channel reports. The institutional investor owned 6,765 shares of the company’s stock after selling 3,118 shares during the period. Ameritas Advisory Services LLC’s holdings in Philip Morris International were worth $1,232,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in PM. Abound Wealth Management boosted its holdings in shares of Philip Morris International by 566.7% in the 2nd quarter. Abound Wealth Management now owns 160 shares of the company’s stock valued at $29,000 after purchasing an additional 136 shares during the last quarter. Kelly Lawrence W & Associates Inc. CA acquired a new position in Philip Morris International in the first quarter valued at $30,000. CBIZ Investment Advisory Services LLC boosted its holdings in Philip Morris International by 405.0% in the first quarter. CBIZ Investment Advisory Services LLC now owns 202 shares of the company’s stock valued at $32,000 after acquiring an additional 162 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd acquired a new position in Philip Morris International in the first quarter valued at $34,000. Finally, Redmont Wealth Advisors LLC acquired a new position in Philip Morris International in the first quarter valued at $35,000. 78.63% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently weighed in on PM shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research note on Saturday, September 27th. KGI Securities initiated coverage on shares of Philip Morris International in a research report on Monday, August 4th. They set an “outperform” rating on the stock. Barclays reduced their price target on shares of 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. Wall Street Zen lowered shares of Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Finally, UBS Group reduced their target price on shares of Philip Morris International from $177.00 to $166.00 and set a “neutral” rating on the stock in a report on Friday, September 5th. Eleven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Philip Morris International has an average rating of “Moderate Buy” and a consensus price target of $195.44.

Philip Morris International Stock Performance

NYSE:PM opened at $153.09 on Friday. Philip Morris International Inc. has a one year low of $116.12 and a one year high of $186.69. The business’s 50-day simple moving average is $164.82 and its 200 day simple moving average is $168.64. The stock has a market cap of $238.30 billion, a price-to-earnings ratio of 29.10, a price-to-earnings-growth ratio of 2.22 and a beta of 0.46.

Philip Morris International (NYSE:PM) last released its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 EPS for the quarter, topping 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 business had revenue of $10.14 billion for the quarter, compared to analysts’ expectations of $10.33 billion. During the same quarter in the previous year, the firm posted $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. On average, equities research analysts predict that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, October 20th. Investors of record on Friday, October 3rd will be issued a $1.47 dividend. This is a boost from Philip Morris International’s previous quarterly dividend of $1.35. This represents a $5.88 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Friday, October 3rd. Philip Morris International’s dividend payout ratio is currently 102.66%.

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.