Wealth Science Advisors LLC Acquires 8,970 Shares of Philip Morris International Inc. $PM

Wealth Science Advisors LLC raised its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 2,379.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,347 shares of the company’s stock after acquiring an additional 8,970 shares during the quarter. Philip Morris International makes up 0.8% of Wealth Science Advisors LLC’s portfolio, making the stock its 23rd largest holding. Wealth Science Advisors LLC’s holdings in Philip Morris International were worth $1,691,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Brighton Jones LLC raised its holdings in Philip Morris International by 31.1% in the 4th quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after purchasing an additional 2,023 shares during the period. Revolve Wealth Partners LLC grew its holdings in Philip Morris International by 4.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock valued at $252,000 after purchasing an additional 91 shares during the period. Sivia Capital Partners LLC increased its position in Philip Morris International by 53.7% in the second quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company’s stock worth $1,027,000 after buying an additional 1,970 shares in the last quarter. Jump Financial LLC purchased a new stake in Philip Morris International in the second quarter worth about $2,454,000. Finally, Osterweis Capital Management Inc. raised its stake in shares of Philip Morris International by 2,280.0% in the second quarter. Osterweis Capital Management Inc. now owns 357 shares of the company’s stock worth $65,000 after buying an additional 342 shares during the period. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Performance

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

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

Philip Morris International Dividend Announcement

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

Wall Street Analysts Forecast Growth

PM has been the topic of a number of analyst reports. UBS Group lifted their price objective on Philip Morris International from $168.00 to $182.00 and gave the company a “neutral” rating in a research report on Thursday, July 2nd. Stifel Nicolaus increased their target price on shares of Philip Morris International from $195.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Needham & Company LLC raised their target price on shares of Philip Morris International from $200.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. BTIG Research set a $221.00 price target on shares of Philip Morris International and gave the company a “buy” rating in a report on Friday, July 24th. Finally, Barclays lifted their price target on shares of Philip Morris International from $205.00 to $225.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Philip Morris International presently has an average rating of “Moderate Buy” and a consensus price target of $205.89.

About Philip Morris International

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.