Wealth Science Advisors LLC Boosts Stock Holdings in Philip Morris International Inc. $PM

Wealth Science Advisors LLC raised its stake in Philip Morris International Inc. (NYSE:PM) by 2,379.3% during the second quarter, HoldingsChannel.com reports. The fund owned 9,347 shares of the company’s stock after purchasing an additional 8,970 shares during the quarter. Philip Morris International comprises approximately 0.8% of Wealth Science Advisors LLC’s holdings, making the stock its 23rd biggest position. Wealth Science Advisors LLC’s holdings in Philip Morris International were worth $1,691,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. AG Campbell Advisory LLC bought a new position in shares of Philip Morris International during the 4th quarter valued at about $25,000. Portfolio Resources Advisor Group Inc. bought a new stake in shares of Philip Morris International in the fourth quarter worth about $26,000. Richards Merrill & Peterson Inc. bought a new stake in shares of Philip Morris International in the fourth quarter worth about $28,000. Vermillion Wealth Management Inc. lifted its position in shares of Philip Morris International by 146.5% in the first quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock worth $29,000 after buying an additional 104 shares in the last quarter. Finally, Safe Harbor Fiduciary LLC purchased a new stake in shares of Philip Morris International in the fourth quarter worth about $29,000. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Up 0.8%

NYSE PM opened at $189.65 on Friday. The company has a fifty day moving average of $184.01 and a two-hundred day moving average of $177.42. The firm has a market capitalization of $295.58 billion, a price-to-earnings ratio of 27.25, a PEG ratio of 2.29 and a beta of 0.38. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $207.76.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $2.20 earnings per share for the quarter, beating analysts’ consensus estimates of $2.05 by $0.15. Philip Morris International had a net margin of 11.06% and a negative return on equity of 163.41%. The business had revenue of $11.19 billion for the quarter, compared to analysts’ expectations of $10.60 billion. During the same quarter in the previous year, the business posted $1.89 earnings per share. The business’s revenue was up 10.4% compared to the same quarter last year. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. Equities research analysts anticipate that Philip Morris International Inc. will post 8.33 EPS for the current year.

Philip Morris International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 20th. Investors of record on Thursday, June 25th were issued a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.1%. The ex-dividend date was Thursday, June 25th. Philip Morris International’s dividend payout ratio is presently 84.48%.

Analyst Ratings Changes

Several research firms have weighed in on PM. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Citigroup upped their price objective on Philip Morris International from $210.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Stifel Nicolaus increased their target price on Philip Morris International from $195.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Barclays increased their target price on Philip Morris International from $205.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Finally, BTIG Research set a $221.00 price target on shares of Philip Morris International and gave the stock a “buy” rating in a research report on Friday, July 24th. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $205.89.

Philip Morris International Profile

Philip Morris International Inc (NYSE: PM) is a global tobacco company that manufactures and sells cigarettes, other nicotine-containing products and a growing portfolio of smoke-free alternatives for adult smokers. The firm traces its corporate roots to the 19th century Philip Morris enterprise and was established as an independent, publicly traded company following a 2008 separation from what is now Altria. Since the spin-off, the company has focused on serving international markets outside the United States.

PMI’s product mix includes traditional combustible cigarettes as well as smoke-free offerings such as heated tobacco systems and other reduced-risk products.