Pure Portfolios Holdings LLC Makes New $206,000 Investment in Philip Morris International Inc. $PM

Pure Portfolios Holdings LLC acquired a new stake in Philip Morris International Inc. (NYSE:PM) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 1,133 shares of the company’s stock, valued at approximately $206,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Abel Hall LLC grew its holdings in Philip Morris International by 12.0% in the 2nd quarter. Abel Hall LLC now owns 2,311 shares of the company’s stock valued at $421,000 after buying an additional 247 shares during the period. REAP Financial Group LLC grew its holdings in Philip Morris International by 43.6% in the 2nd quarter. REAP Financial Group LLC now owns 725 shares of the company’s stock valued at $132,000 after buying an additional 220 shares during the period. Cortland Associates Inc. MO grew its holdings in Philip Morris International by 0.8% in the second quarter. Cortland Associates Inc. MO now owns 144,061 shares of the company’s stock valued at $26,238,000 after purchasing an additional 1,111 shares during the period. Sax Wealth Advisors LLC grew its holdings in Philip Morris International by 3.1% in the second quarter. Sax Wealth Advisors LLC now owns 9,136 shares of the company’s stock valued at $1,664,000 after purchasing an additional 278 shares during the period. Finally, Venturi Wealth Management LLC grew its holdings in Philip Morris International by 8.9% in the second quarter. Venturi Wealth Management LLC now owns 23,696 shares of the company’s stock valued at $4,316,000 after purchasing an additional 1,939 shares during the period. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Price Performance

Shares of NYSE PM opened at $154.53 on Wednesday. Philip Morris International Inc. has a 1-year low of $116.12 and a 1-year high of $186.69. The business has a 50-day moving average of $164.57 and a 200-day moving average of $168.67. The company has a market capitalization of $240.53 billion, a price-to-earnings ratio of 29.38, a PEG 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 earnings per share for the quarter, topping analysts’ consensus estimates of $1.86 by $0.05. The firm had revenue of $10.14 billion during the quarter, compared to analysts’ expectations of $10.33 billion. Philip Morris International had a negative return on equity of 120.86% and a net margin of 9.03%.Philip Morris International’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Research analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, October 20th. Stockholders of record on Friday, October 3rd will be paid a $1.47 dividend. This represents a $5.88 annualized dividend 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 currently 111.79%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on PM. Needham & Company LLC reissued a “buy” rating and set a $195.00 price objective on shares of Philip Morris International in a research note on Wednesday, July 23rd. Jefferies Financial Group started coverage on Philip Morris International in a research report on Wednesday, July 9th. They set a “buy” rating and a $220.00 price target for the company. Citigroup reissued a “buy” rating on shares of Philip Morris International in a research report on Thursday, September 4th. Wall Street Zen cut Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Finally, UBS Group decreased their target price on Philip Morris International from $177.00 to $166.00 and set a “neutral” rating for the company in a report on Friday, September 5th. Eleven 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 company presently has a consensus rating of “Moderate Buy” and a consensus target price of $195.44.

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.