Generali Investments CEE investicni spolecnost a.s. Acquires 196 Shares of Philip Morris International Inc. $PM

Generali Investments CEE investicni spolecnost a.s. boosted its position in shares of Philip Morris International Inc. (NYSE:PM) by 0.7% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 30,008 shares of the company’s stock after acquiring an additional 196 shares during the quarter. Generali Investments CEE investicni spolecnost a.s.’s holdings in Philip Morris International were worth $5,465,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Abound Wealth Management boosted its position in Philip Morris International by 566.7% in the second quarter. Abound Wealth Management now owns 160 shares of the company’s stock worth $29,000 after purchasing an additional 136 shares during the last quarter. Kelly Lawrence W & Associates Inc. CA purchased a new position in Philip Morris International in the first quarter worth about $30,000. CBIZ Investment Advisory Services LLC boosted its position 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 worth $32,000 after purchasing an additional 162 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd purchased a new position in Philip Morris International in the first quarter worth about $34,000. Finally, Redmont Wealth Advisors LLC purchased a new position in Philip Morris International in the first quarter worth about $35,000. Institutional investors own 78.63% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. JPMorgan Chase & Co. boosted 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. Citigroup reissued a “buy” rating on shares of Philip Morris International in a report on Thursday, September 4th. KGI Securities assumed coverage on Philip Morris International in a report on Monday, August 4th. They set an “outperform” rating for the company. Needham & Company LLC reissued a “buy” rating and set a $195.00 price target on shares of Philip Morris International in a report on Wednesday, July 23rd. Finally, Jefferies Financial Group assumed coverage on Philip Morris International in a report on Wednesday, July 9th. They set a “buy” rating and a $220.00 price target for the company. Ten equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $195.44.

Philip Morris International Stock Down 0.5%

Shares of Philip Morris International stock opened at $162.16 on Wednesday. The stock’s 50-day simple moving average is $165.11 and its 200-day simple moving average is $168.58. Philip Morris International Inc. has a 52 week low of $116.12 and a 52 week high of $186.69. The company has a market capitalization of $252.42 billion, a price-to-earnings ratio of 30.83, a PEG ratio of 2.36 and a beta of 0.49.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 EPS 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 business had revenue of $10.14 billion for the quarter, compared to the consensus estimate of $10.33 billion. During the same period in the previous year, the business earned $1.59 earnings per share. The business’s 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. On average, equities analysts expect that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 20th. Stockholders of record on Friday, October 3rd will be given a $1.47 dividend. The ex-dividend date 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 3.6%. Philip Morris International’s dividend payout ratio (DPR) 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.