Hennion & Walsh Asset Administration Inc. raised its holdings in shares of Philip Morris Worldwide Inc. (NYSE:PM – Free Report) by 18.5% within the third quarter, in response to the corporate in its most up-to-date disclosure with the Securities and Change Fee (SEC). The fund owned 19,831 shares of the corporate’s inventory after buying an extra 3,096 shares throughout the interval. Hennion & Walsh Asset Administration Inc.’s holdings in Philip Morris Worldwide have been value $2,407,000 as of its most up-to-date SEC submitting.
A variety of different institutional buyers and hedge funds additionally lately modified their holdings of the enterprise. Iron Horse Wealth Administration LLC grew its place in shares of Philip Morris Worldwide by 684.4% throughout the 2nd quarter. Iron Horse Wealth Administration LLC now owns 251 shares of the corporate’s inventory valued at $25,000 after shopping for an extra 219 shares over the past quarter. Strategic Monetary Ideas LLC purchased a brand new place in shares of Philip Morris Worldwide throughout the second quarter valued at roughly $25,000. Sachetta LLC raised its place in shares of Philip Morris Worldwide by 64.8% throughout the 2nd quarter. Sachetta LLC now owns 267 shares of the corporate’s inventory value $27,000 after buying an extra 105 shares throughout the interval. Fortitude Household Workplace LLC lifted its holdings in shares of Philip Morris Worldwide by 57.4% within the 2nd quarter. Fortitude Household Workplace LLC now owns 318 shares of the corporate’s inventory value $32,000 after buying an extra 116 shares over the past quarter. Lastly, Olistico Wealth LLC acquired a brand new place in Philip Morris Worldwide throughout the 2nd quarter valued at roughly $34,000. 78.63% of the inventory is owned by institutional buyers and hedge funds.
Insider Transactions at Philip Morris Worldwide
In associated information, Chairman Andre Calantzopoulos bought 101,918 shares of the inventory in a transaction that occurred on Wednesday, October twenty third. The shares have been bought at a median value of $129.85, for a complete transaction of $13,234,052.30. Following the completion of the sale, the chairman now straight owns 959,761 shares of the corporate’s inventory, valued at $124,624,965.85. This represents a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a doc filed with the Securities & Change Fee, which is offered at the SEC web site. In different Philip Morris Worldwide information, insider Massimo Andolina bought 9,000 shares of the corporate’s inventory in a transaction dated Thursday, August eighth. The shares have been bought at a median value of $115.35, for a complete transaction of $1,038,150.00. Following the completion of the sale, the insider now straight owns 85,629 shares of the corporate’s inventory, valued at roughly $9,877,305.15. This represents a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a submitting with the Securities & Change Fee, which is offered by this hyperlink. Additionally, Chairman Andre Calantzopoulos bought 101,918 shares of Philip Morris Worldwide inventory in a transaction that occurred on Wednesday, October twenty third. The inventory was bought at a median value of $129.85, for a complete transaction of $13,234,052.30. Following the completion of the transaction, the chairman now straight owns 959,761 shares within the firm, valued at roughly $124,624,965.85. This commerce represents a 0.00 % lower of their possession of the inventory. The disclosure for this sale may be discovered right here. Insiders have bought 118,418 shares of firm inventory valued at $15,247,052 within the final quarter. Insiders personal 0.13% of the corporate’s inventory.
Philip Morris Worldwide Value Efficiency
NYSE PM opened at $129.86 on Friday. The agency has a market capitalization of $201.87 billion, a PE ratio of 25.36, a P/E/G ratio of two.57 and a beta of 0.55. Philip Morris Worldwide Inc. has a 12 month low of $87.23 and a 12 month excessive of $133.27. The corporate’s 50 day easy transferring common is $122.26 and its 200 day easy transferring common is $109.44.
Philip Morris Worldwide (NYSE:PM – Get Free Report) final posted its quarterly earnings knowledge on Tuesday, October twenty second. The corporate reported $1.91 EPS for the quarter, topping analysts’ consensus estimates of $1.82 by $0.09. Philip Morris Worldwide had a adverse return on fairness of 117.94% and a web margin of 12.10%. The corporate had income of $9.91 billion for the quarter, in comparison with the consensus estimate of $9.68 billion. Throughout the identical quarter within the earlier 12 months, the enterprise earned $1.67 EPS. The corporate’s quarterly income was up 8.4% in comparison with the identical quarter final 12 months. Promote-side analysts anticipate that Philip Morris Worldwide Inc. will submit 6.45 earnings per share for the present fiscal 12 months.
Philip Morris Worldwide Will increase Dividend
The agency additionally lately disclosed a quarterly dividend, which was paid on Thursday, October tenth. Stockholders of document on Thursday, September twenty sixth got a dividend of $1.35 per share. It is a constructive change from Philip Morris Worldwide’s earlier quarterly dividend of $1.30. The ex-dividend date was Thursday, September twenty sixth. This represents a $5.40 annualized dividend and a dividend yield of 4.16%. Philip Morris Worldwide’s dividend payout ratio (DPR) is 105.47%.
Wall Avenue Analysts Forecast Progress
A number of equities analysis analysts have weighed in on PM shares. JPMorgan Chase & Co. elevated their goal value on Philip Morris Worldwide from $125.00 to $145.00 and gave the inventory an “obese” score in a analysis report on Wednesday. Barclays lifted their value goal on shares of Philip Morris Worldwide from $130.00 to $145.00 and gave the corporate an “obese” score in a analysis report on Monday, September ninth. Deutsche Financial institution Aktiengesellschaft upped their goal value on shares of Philip Morris Worldwide from $118.00 to $135.00 and gave the inventory a “purchase” score in a analysis report on Tuesday, October 1st. Financial institution of America lifted their value goal on Philip Morris Worldwide from $125.00 to $139.00 and gave the corporate a “purchase” score in a report on Wednesday, September 4th. Lastly, Stifel Nicolaus reiterated a “purchase” score and set a $145.00 value goal (up from $138.00) on shares of Philip Morris Worldwide in a analysis report on Wednesday. One funding analyst has rated the inventory with a promote score, three have issued a maintain score and eight have given a purchase score to the corporate’s inventory. In response to knowledge from MarketBeat, Philip Morris Worldwide presently has a median score of “Reasonable Purchase” and a consensus value goal of $126.85.
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Philip Morris Worldwide Profile
Philip Morris Worldwide Inc operates as a tobacco firm working to delivers a smoke-free future and evolving portfolio for the long-term to incorporate merchandise exterior of the tobacco and nicotine sector. The corporate’s product portfolio primarily consists of cigarettes and smoke-free merchandise, together with heat-not-burn, vapor, and oral nicotine merchandise primarily beneath the IQOS and ZYN manufacturers; and shopper equipment, similar to lighters and matches.
Additional Studying
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