Auxier Asset Management Increases Stake in PMI

PMI by 2FIRSTS.ai
Dec.14.2023
Auxier Asset Management Increases Stake in PMI
Auxier Asset Management has increased its stake in Philip Morris International by 1.6% in the second quarter, according to its report filed with the SEC.

According to the latest report filed with the U.S. Securities and Exchange Commission, Auxier Asset Management increased its stake in Philip Morris International (PMI), also known as Philip Morris International Inc., by 1.6% in the second quarter of this year. As of the end of the second quarter, Auxier Asset Management held a total of 207,057 shares in the company, with an addition of 3,250 shares during the quarter.

 

Philip Morris International (PMI) holds a 3.4% stake in Altria Group's investment portfolio, making it the fourth largest shareholder. According to Altria's recent report to the US Securities and Exchange Commission, its investment in PMI is valued at $20,213,000.

 

Philip Morris International (PMI) stock opened on Wednesday, December 13th, at a price of $92.88. The company has a market value of $14.419 billion, a price-to-earnings ratio of 18.03, a price-to-earnings growth ratio of 2.19, and a beta value of 0.77. PMI's lowest price in the past year was $87.23, and its highest price was $105.62. The company's 50-day simple moving average price is $91.80, and its 200-day simple moving average is $94.17.

 

Philip Morris International (PMI) recently announced its quarterly dividend. It will be paid on Wednesday, January 10th to shareholders of record on Thursday, December 21st, at a rate of $1.3 per share. The ex-dividend date is Wednesday, December 20th. This represents an annualized dividend of $5.2 and a dividend yield of 5.60%. PMI's payout ratio is 100.97%.

 

In a recent commentary on PMI International, Stifel Nicolaus reiterated its "buy" rating on the stock and set a target price of $114.00 in its research report. Meanwhile, Morgan Stanley lowered its price target for PMI International shares from $118.00 to $113.00 and gave the stock an "overweight" rating.

 

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn


Notice

1.  This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2.  The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3.  This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4.  Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

 

Copyright

 

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

 

AI Assistance Disclaimer

 

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Kazakhstan Public Health Law Amendments Take Effect: Full Ban on Heated Tobacco, E-Cigarettes, and Vape Liquids
Kazakhstan Public Health Law Amendments Take Effect: Full Ban on Heated Tobacco, E-Cigarettes, and Vape Liquids
Kazakhstan has imposed a total ban on smokeless tobacco products and e-cigarettes, with violators facing up to five years in prison.
Jul.22 by 2FIRSTS.ai
UK's leading e-cigarette retailer Totally Wicked acquired, actual controller suspected to be RELX-affiliated company
UK's leading e-cigarette retailer Totally Wicked acquired, actual controller suspected to be RELX-affiliated company
UK's leading e-cigarette retailer Totally Wicked has been acquired by Wittyace UK Holding, which now holds over 75% shares. The newly appointed directors Ying Wang and Chao Lu share identical names with RELX Technology executives Wang Ying and Lu Chao respectively, suggesting potential ties between the acquirer and the Chinese vaping giant. The exact relationship remains to be confirmed.
Jun.27
Indonesia Honors Four Provinces for Tobacco Control Efforts, with Bali as a Model
Indonesia Honors Four Provinces for Tobacco Control Efforts, with Bali as a Model
Bali Province in Indonesia has been nationally recognized for its smoke-free regulations, with comprehensive enforcement of smoke-free zone laws, strengthened tobacco control, and efforts to protect public health.
Jun.16 by 2FIRSTS.ai
U.S. FDA Commissioner: Cracking Down on Illegal E-Cigarettes a “Top Priority” — 85% of Vape Shop Products Deemed Illegal
U.S. FDA Commissioner: Cracking Down on Illegal E-Cigarettes a “Top Priority” — 85% of Vape Shop Products Deemed Illegal
U.S. FDA Commissioner Marty Makary said cracking down on illegal e-cigarettes is a top priority, with ongoing seizures and confiscations. In the first half of 2025, U.S. Customs seized $60.3 million worth of e-cigarette products, including $34 million in June alone. FDA data shows 85% of vape shop products are illegal.
Jul.23 by 2FIRSTS.ai
U.S. State of Delaware Advances Tobacco Tax Hike Bill, New Rates Could Take Effect in September
U.S. State of Delaware Advances Tobacco Tax Hike Bill, New Rates Could Take Effect in September
Lawmakers in the U.S. state of Delaware have introduced a bill proposing a $1.50 increase in the tax on each pack of cigarettes and raising the tax rate on other tobacco products from 30% to 45%. The measure aims to boost state revenue and curb tobacco use, particularly among youth.
Jun.10 by 2FIRSTS.ai
Special Report | ITGA Africa Meeting Puts Sustainability Center Stage amid Global Tobacco Challenges
Special Report | ITGA Africa Meeting Puts Sustainability Center Stage amid Global Tobacco Challenges
The ITGA Africa meeting highlighted sustainability, labor reforms, and challenges posed by novel nicotine products. Countries like Malawi stressed crop diversification and climate-resilient farming to help farmers adapt to global market shifts and secure their livelihoods.
Jul.14