The news has been abuzz about Philip Morris International Inc. (PM), a top dividend stock supported by hedge funds where institutional investors maintain an 81% ownership stake. The company's shares continue to rise following an optimistic 2025 outlook and an all-time high on demand for smoke-free options. PMI's recent Q4 results, alongside announcements of a regular quarterly dividend and significant inside trading, further fuel this surge. Moreover, PMI's smoke-free revolution aims to deliver a 9% EPS growth by 2025. Investment in a new Aurora manufacturing facility is publicized, promising to create 500 jobs as part of PMI’s commitment to a smoke-free future. Both domestic and international surveys by the company reflect the need for collaboration to advance innovation. Analysts anticipate continuous outperformance into the next year even as PMI dives into its $14B transformation journey to a smoke-free future. Several billionaire investors have dubbed PMI as their preferred stock. Its Q3 2024 earnings reveal a strong growth despite challenges. The cigarette manufacturer’s stock has significantly risen and is moving into the buy zone. However, acknowledging the very strong chart, it’s noted that the margin of safety is not as wide anymore.
Philip Morris International PM News Analytics from Fri, 07 Jun 2024 07:00:00 GMT to Fri, 28 Feb 2025 22:42:36 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor 3
