Blue Rock Wealth Management LLC Invests $341,000 in Philip Morris International Inc. $PM

Key Points

• Blue Rock Wealth Management LLC has initiated a position in Philip Morris International, acquiring 2,150 shares valued at approximately $341,000 during the first quarter, reflecting growing institutional interest in the company.
• Philip Morris International is experiencing a stock increase of 1.3%, with a current market capitalization of approximately $256.59 billion and a P/E ratio of 31.34.
• The company reported $10.14 billion in revenue for the last quarter, which was up 7.1% year-over-year, despite missing analyst estimates by $190 million.

Blue Rock Wealth Management LLC purchased a new stake in Philip Morris International Inc. (NYSE:PM - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,150 shares of the company's stock, valued at approximately $341,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Fortis Capital Advisors LLC grew its position in Philip Morris International by 36.5% in the 1st quarter. Fortis Capital Advisors LLC now owns 2,351 shares of the company's stock worth $373,000 after purchasing an additional 629 shares in the last quarter. Belpointe Asset Management LLC boosted its stake in Philip Morris International by 34.6% in the first quarter. Belpointe Asset Management LLC now owns 21,394 shares of the company's stock valued at $3,396,000 after acquiring an additional 5,504 shares during the last quarter. Focus Partners Wealth boosted its stake in Philip Morris International by 6.6% in the first quarter. Focus Partners Wealth now owns 328,232 shares of the company's stock valued at $52,134,000 after acquiring an additional 20,450 shares during the last quarter. Integrity Alliance LLC. purchased a new stake in shares of Philip Morris International during the 1st quarter valued at approximately $759,000. Finally, Glenview Trust co lifted its stake in shares of Philip Morris International by 0.4% during the 1st quarter. Glenview Trust co now owns 74,354 shares of the company's stock valued at $11,802,000 after buying an additional 264 shares in the last quarter. 78.63% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently weighed in on PM. Wall Street Zen lowered shares of Philip Morris International from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. UBS Group decreased their price target on shares of Philip Morris International from $177.00 to $166.00 and set a "neutral" rating on the stock in a report on Friday, September 5th. Citigroup reaffirmed a "buy" rating on shares of Philip Morris International in a report on Thursday, September 4th. JPMorgan Chase & Co. increased their price target on shares of Philip Morris International from $175.00 to $190.00 and gave the company an "overweight" rating in a research report on Thursday, July 10th. Finally, Bank of America increased their price target on shares of Philip Morris International from $182.00 to $200.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. Twelve research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $184.91.

Philip Morris International Trading Down 1.0%

NYSE:PM traded down $1.72 on Friday, reaching $166.18. 3,691,351 shares of the stock traded hands, compared to its average volume of 4,931,464. The company has a market capitalization of $258.67 billion, a price-to-earnings ratio of 31.59, a PEG ratio of 2.44 and a beta of 0.49. Philip Morris International Inc. has a 12 month low of $116.12 and a 12 month high of $186.69. The company's fifty day simple moving average is $168.89 and its 200 day simple moving average is $167.64.

Philip Morris International (NYSE:PM - Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 earnings per share for the quarter, beating analysts' consensus estimates of $1.86 by $0.05. The business had revenue of $10.14 billion during the quarter, compared to analyst estimates of $10.33 billion. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. Philip Morris International's revenue was up 7.1% compared to the same quarter last year. During the same period last year, the business earned $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Equities analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

About Philip Morris International

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.