Blueprint Investment Partners LLC Invests $2.15 Million in Philip Morris International Inc. $PM

Blueprint Investment Partners LLC acquired a new position in Philip Morris International Inc. (NYSE:PM - Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 11,891 shares of the company's stock, valued at approximately $2,151,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. AG Campbell Advisory LLC acquired a new stake in Philip Morris International in the fourth quarter worth about $25,000. Portfolio Resources Advisor Group Inc. purchased a new stake in shares of Philip Morris International in the fourth quarter valued at about $26,000. Richards Merrill & Peterson Inc. acquired a new stake in Philip Morris International during the fourth quarter worth $28,000. Vermillion Wealth Management Inc. lifted its position in Philip Morris International by 146.5% in the first quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company's stock valued at $29,000 after buying an additional 104 shares during the last quarter. Finally, Safe Harbor Fiduciary LLC acquired a new position in Philip Morris International during the fourth quarter worth $29,000. Hedge funds and other institutional investors own 78.63% of the company's stock.

Philip Morris International Price Performance

Philip Morris International stock opened at $190.40 on Friday. The company has a market cap of $296.76 billion, a PE ratio of 27.36, a P/E/G ratio of 2.30 and a beta of 0.38. Philip Morris International Inc. has a 12 month low of $142.11 and a 12 month high of $207.76. The company has a fifty day moving average price of $185.23 and a two-hundred day moving average price of $178.00.

Philip Morris International (NYSE:PM - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share for the quarter, topping 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 firm had revenue of $11.19 billion for the quarter, compared to analyst estimates of $10.60 billion. During the same period last year, the company earned $1.89 earnings per share. The firm's revenue for the quarter 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. Equities research analysts anticipate that Philip Morris International Inc. will post 8.33 earnings per share for the current year.

Philip Morris International Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on PM. Barclays lifted their target price on Philip Morris International from $205.00 to $225.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. Morgan Stanley increased their price target on Philip Morris International from $200.00 to $215.00 and gave the stock an "overweight" rating in a report on Thursday, July 23rd. Needham & Company LLC raised their price target on Philip Morris International from $200.00 to $215.00 and gave the company a "buy" rating in a research report on Thursday, July 23rd. BTIG Research set a $221.00 price objective on shares of Philip Morris International and gave the company a "buy" rating in a research report on Friday, July 24th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Philip Morris International in a report on Wednesday, May 20th. Ten research 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 has a consensus rating of "Moderate Buy" and an average target price of $205.89.

Philip Morris International Company Profile

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.

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